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AirSial Expands Fleet with New Leased Aircraft

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AirSial (Pakistan) is enhancing its operations with the acquisition of additional aircraft to meet its growing demand. The airline has signed an agreement to lease two Airbus A320s from AerCap (Ireland), which will increase the carrier’s fleet to nine aircraft upon delivery. These additions are part of AirSial’s strategy to strengthen its capacity and network.

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Lufthansa Plans More Sale/Leaseback Deals to Raise Liquidity by 2024 End

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Lufthansa, Germany’s flagship airline, is intensifying its efforts to raise liquidity by the end of 2024 through the sale/leaseback (SLB) of an additional nine A320neo and A321neo aircraft. This financial strategy allows Lufthansa to free up cash while retaining operational use of these aircraft, supporting the airline’s liquidity needs amidst ongoing market pressures. Lufthansa has previously employed this approach, raising $247 million during…

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GOL Requests Approval for Settlement Agreement in Chapter 11 Case

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GOL (Brazil), currently undergoing Chapter 11 bankruptcy proceedings, has announced plans to request authorization from the Bankruptcy Court to enter into a settlement agreement with Brazil’s Attorney General’s Office of the National Treasury and the Special Secretariat of the Federal Revenue. This move represents a critical step in GOL’s ongoing restructuring process.

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Ethiopian Airlines Receives First Airbus A350-1000, Expanding Long-Haul Fleet

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Ethiopian Airlines, Africa’s largest airline, has taken delivery of its first Airbus A350-1000, identified by serial number 691. This new addition marks a significant milestone for the carrier, enhancing its long-haul fleet capabilities. Ethiopian Airlines plans to deploy the A350-1000 on major international routes, including destinations such as Washington DC, London, Paris, and Frankfurt, providing…

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AJW Group Secures PBH Agreement with Enter Air for B737NG Fleet

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AJW Group, a leading UK-based provider of aviation support services, has entered into a multi-year Power-by-the-Hour (PBH) agreement with Enter Air (Poland) to support its fleet of 22 B737NG aircraft. This comprehensive agreement includes a full logistics solution, with warehousing and stock positioning in Warsaw, ensuring that Enter Air has access to essential parts and maintenance resources when needed.