Akasa Air is securing additional funding from a group of high-profile investors, including the investment offices of Azim Premji and Ranjan Pai, along with wealth management firm 360 ONE and the Jhunjhunwala family. The financial terms of these investments have not been publicly disclosed.
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Jordan Airmotive, a prominent MRO provider based in Amman, has announced a strengthened partnership with SCAT Airlines of Kazakhstan by expanding its scope of services to include maintenance and full overhaul capabilities for CFM56-7B engines. This move builds on a previously established relationship and reflects increasing regional demand for reliable engine support services.
Aviation Capital Group (ACG), a leading US-based aircraft leasing company, has reported its 9M 2024 financial results with total revenues reaching $923 million and net income of $113.8 million. The company’s cash and cash equivalents stand at $241.9 million, underscoring ACG’s strong liquidity position and financial resilience in the aviation leasing market. This performance highlights ACG’s consistent revenue growth and profitability amid the recovery of the aviation…
Beond, a luxury boutique airline based in the Maldives, has outlined ambitious expansion plans to grow its fleet to six jets by 2025 and further expand to 27 aircraft by 2028. The fleet will include Airbus A320neo models, reflecting the airline’s focus on modern, fuel-efficient aircraft.
Hong Kong Airlines has expanded its fleet with the addition of a leased Airbus A320, a move that underscores the airline’s continued focus on operational efficiency and enhanced connectivity. The aircraft, identified by its serial number 5156, is powered by the V2527-A5 engines, known for their reliability and fuel efficiency.
Sunwing Airlines, a Canadian leisure carrier, recently expanded its fleet with a B737-800, serial number 37077, acquired through a wet lease from Smartwings (Czechia). This aircraft is powered by CFM56-7B26 engines, supporting Sunwing’s operations with enhanced fuel efficiency for regional and holiday-focused routes.
SMBC Aviation Capital (Ireland) CEO Peter Barrett has expressed concerns over persistent delays in aircraft deliveries from Boeing and Airbus. According to Barrett, these delays are affecting nearly every aircraft delivery. However, he noted that enginemakers have made slight improvements in addressing their operational challenges.
Jordan Airmotive, a prominent MRO provider based in Amman, has announced a strengthened partnership with SCAT Airlines of Kazakhstan by expanding its scope of services to include maintenance and full overhaul capabilities for CFM56-7B engines. This move builds on a previously established relationship and reflects increasing regional demand for reliable engine support services.
Aviation Capital Group (ACG), a leading US-based aircraft leasing company, has reported its 9M 2024 financial results with total revenues reaching $923 million and net income of $113.8 million. The company’s cash and cash equivalents stand at $241.9 million, underscoring ACG’s strong liquidity position and financial resilience in the aviation leasing market. This performance highlights ACG’s consistent revenue growth and profitability amid the recovery of the aviation…
Beond, a luxury boutique airline based in the Maldives, has outlined ambitious expansion plans to grow its fleet to six jets by 2025 and further expand to 27 aircraft by 2028. The fleet will include Airbus A320neo models, reflecting the airline’s focus on modern, fuel-efficient aircraft.
Hong Kong Airlines has expanded its fleet with the addition of a leased Airbus A320, a move that underscores the airline’s continued focus on operational efficiency and enhanced connectivity. The aircraft, identified by its serial number 5156, is powered by the V2527-A5 engines, known for their reliability and fuel efficiency.
Sunwing Airlines, a Canadian leisure carrier, recently expanded its fleet with a B737-800, serial number 37077, acquired through a wet lease from Smartwings (Czechia). This aircraft is powered by CFM56-7B26 engines, supporting Sunwing’s operations with enhanced fuel efficiency for regional and holiday-focused routes.
SMBC Aviation Capital (Ireland) CEO Peter Barrett has expressed concerns over persistent delays in aircraft deliveries from Boeing and Airbus. According to Barrett, these delays are affecting nearly every aircraft delivery. However, he noted that enginemakers have made slight improvements in addressing their operational challenges.
Jordan Airmotive, a prominent MRO provider based in Amman, has announced a strengthened partnership with SCAT Airlines of Kazakhstan by expanding its scope of services to include maintenance and full overhaul capabilities for CFM56-7B engines. This move builds on a previously established relationship and reflects increasing regional demand for reliable engine support services.
Aviation Capital Group (ACG), a leading US-based aircraft leasing company, has reported its 9M 2024 financial results with total revenues reaching $923 million and net income of $113.8 million. The company’s cash and cash equivalents stand at $241.9 million, underscoring ACG’s strong liquidity position and financial resilience in the aviation leasing market. This performance highlights ACG’s consistent revenue growth and profitability amid the recovery of the aviation…
Beond, a luxury boutique airline based in the Maldives, has outlined ambitious expansion plans to grow its fleet to six jets by 2025 and further expand to 27 aircraft by 2028. The fleet will include Airbus A320neo models, reflecting the airline’s focus on modern, fuel-efficient aircraft.
Hong Kong Airlines has expanded its fleet with the addition of a leased Airbus A320, a move that underscores the airline’s continued focus on operational efficiency and enhanced connectivity. The aircraft, identified by its serial number 5156, is powered by the V2527-A5 engines, known for their reliability and fuel efficiency.
Sunwing Airlines, a Canadian leisure carrier, recently expanded its fleet with a B737-800, serial number 37077, acquired through a wet lease from Smartwings (Czechia). This aircraft is powered by CFM56-7B26 engines, supporting Sunwing’s operations with enhanced fuel efficiency for regional and holiday-focused routes.
SMBC Aviation Capital (Ireland) CEO Peter Barrett has expressed concerns over persistent delays in aircraft deliveries from Boeing and Airbus. According to Barrett, these delays are affecting nearly every aircraft delivery. However, he noted that enginemakers have made slight improvements in addressing their operational challenges.
