Aircraft Engine Lease Finance (US) has acquired an Airbus A330-300, serial 1754, currently on lease to South African Airways (SAA). The acquisition expands the company’s widebody leasing portfolio.
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LATAM Airlines, the leading carrier in Chile, has taken delivery of an Airbus A320neo, identified by serial number 12237. The aircraft, acquired on lease, is powered by Pratt & Whitney PW1127G-JM engines, further advancing the airline’s strategy to modernize its fleet with fuel-efficient aircraft.
Jet2, a prominent leisure airline in the UK, has expanded its fleet with the addition of a new Airbus A321neo, bearing serial number 12127. This latest delivery is part of Jet2’s ongoing efforts to modernize its fleet and enhance operational efficiency. The aircraft is powered by LEAP-1A32 engines, renowned for their superior fuel efficiency and environmental performance.
T’way Air (South Korea) CEO Jeong Hong-geun has stepped down after failing to secure a fourth consecutive term, following the airline’s acquisition by Daemyung Sono Group. This leadership transition marks a significant shift for the South Korean low-cost carrier, which is now under new ownership.
Vueling, a low-cost carrier based in Spain, is set to bolster its fleet with five new aircraft allocated by its parent company, International Airlines Group (IAG). This decision will enhance Vueling’s operational capacity during the summer 2025 season, a crucial period for air travel demand.
IndiGo, India’s largest airline by market share, has appointed Mike Whitaker, the former Administrator of the Federal Aviation Administration (FAA), as an independent director to its board. The appointment brings a seasoned aviation leader with global regulatory experience into the airline’s governance framework.
Air Nostrum (Spain) has announced its inability to meet upcoming debt repayment deadlines, prompting discussions with the Sociedad Estatal de Participaciones Industriales (SEPI) and the Instituto de Crédito Oficial (ICO). The airline faces significant financial obligations, including substantial repayments spread over the coming years.
