Airbus has recorded significant commercial activity in March 2025, securing a diverse mix of narrowbody and widebody aircraft orders, while simultaneously cancelling a major order previously placed by Go First, an Indian low-cost carrier undergoing insolvency proceedings.
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Aircraft Leasing & Management (ALM), based in the UK, has successfully arranged the lease of two Boeing B737-800aircraft to Garuda Indonesia. The aircraft involved are identified by serial numbers 44217 and 44218, and the deal marks a continuation of Garuda’s gradual fleet renewal and capacity optimization efforts.
Turkish Airlines has officially approved a capital ceiling increase, doubling its previous limit to $276 million for the 2025-2029 period. This decision replaces the previous ceiling, which was set to expire on December 31, 2024.
VoePass, a regional airline in Brazil, is navigating a financial crisis, reporting a $37.2 million debt burden. To mitigate its financial struggles, the airline is demanding $6 million from its partner LATAM Brasil, as it continues discussions with creditors.
STARLUX Airlines (Taiwan) has placed a firm order with Airbus for an additional five A350F freighters, reinforcing its commitment to fleet modernization and expanding its cargo capacity. The new freighters will be powered by Trent XWB-97 engines, which offer superior fuel efficiency and performance.
China Cargo Airlines has taken delivery of a new Boeing 777 Freighter (B777F), expanding its dedicated cargo fleet with one of the most capable long-haul freighters in the market. The aircraft, bearing manufacturer serial number 69512, is powered by GE90-110B1 engines, known for their reliability and efficiency in heavy-duty operations.
Global Crossing Airlines (USA) achieved a notable 23% increase in revenue for the third quarter of 2024, totaling $52.4 million. Despite this revenue growth, the airline’s net loss remained flat at $4.9 million, and it held $7.8 million in cash and restricted cash, underscoring its commitment to operational expansion and financial stability.
