Akasa Air, a fast-growing airline based in India, will receive a capital injection of $130-140 million following a minority stake sale to a consortium of Indian investors, including Premji Invest and Claypond Capital. This strategic move underscores the airline’s commitment to expansion and strengthening its financial position. Please SUBSCRIBE to view the full content.
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Air India, through its wholly owned subsidiary AI Fleet Services, has completed the acquisition of six Boeing 777-300ER aircraft that were previously operated under lease agreements. The aircraft, with serial numbers 39686, 39687, 39688, 39689, 39690, and 41701, were purchased in advance of their scheduled lease expirations in 2026, signaling a strategic move to consolidate fleet ownership.
EVA Air has received a new Boeing 787-9, registered B-17887, as part of its ongoing long-haul fleet expansion.
Air Transat, the Canadian airline known for its leisure and vacation travel services, has announced a temporary layoff of up to 400 flight attendants, effective November 1, 2024.
United Airlines (US) has announced plans to resume two routes to Edmonton (Canada), connecting the city with Chicago and Houston. These services are scheduled to restart on 22 May 2025, with flights operated by Airbus A319 aircraft.
LATAM Airlines Group, based in Chile, has released its financial outlook for 2025, projecting an adjusted EBITDARbetween $3.2 billion and $3.6 billion. This optimistic forecast aligns with the airline’s continued recovery and expansion following the global resurgence of air travel.
Croatia Airlines is continuing its narrowbody fleet renewal with the scheduled delivery of two Airbus A220-300s, bearing serial numbers 55363 and 55357, later in June 2025. This fleet expansion is part of a phased transition away from older aircraft models and toward more fuel-efficient, next-generation airframes.
