Akasa Air (India) has outlined ambitious growth plans that include expanding its fleet to a total of 30 aircraft by July 2025. The airline is also setting up two new strategic operational hubs at Navi Mumbai International Airport and Jewar Airport (Noida International Airport), where it intends to base 5 to 7 aircraft each by the end of the year.
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Icelandair has taken delivery of its first Airbus A321LR, marking a significant step in the airline’s fleet modernization strategy. The aircraft, bearing serial number 12213, is the first of four on lease from SMBC Aviation Capital. It is powered by Pratt & Whitney PW1133G-JM engines, known for their efficiency and lower emissions.
Norwegian, one of Europe’s largest low-cost carriers, has announced an agreement to purchase ten Boeing 737-800 aircraft that are currently part of its leased fleet. The airline will fund the transaction using cash on hand, with the deal expected to be finalized in Q1 2025.
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.
Pobeda Airlines (Russia) is set to reclaim all Boeing 737s currently operated by sister airlines Aeroflot and Rossiya, reinforcing its commitment to a single-fleet strategy. The move aims to simplify operations, reduce maintenance costs, and enhance overall fleet efficiency.
Sun Country Airlines has slightly revised its Q1 2025 total revenue forecast, now estimating revenue between $325 million and $330 million. The updated projection reflects minor adjustments in market conditions, pricing trends, and passenger demand.
Royal Jordanian (RJ) has increased its ownership stake in Jordan Flight Catering Company to 51%, securing a majority share in the airline catering provider. This move strengthens RJ’s strategic control over its in-flight meal services and enhances its operational efficiency within Jordan’s aviation industry.
