Albastar (Spain) is in the final phase of its sale process, having opted to sell 100% of the airline rather than pursue a partial equity partnership. The strategic shift comes after the expression of interest (EOI) stage yielded three concrete offers, each reportedly valuing the carrier at approximately US$55 million.
Please SUBSCRIBE to view the full content.
First month of membership is free!
3TOP Aviation Services (UK) has taken delivery of the fourth and final ex-TAROM Airbus A318, completing a multi-aircraft package deal. The aircraft, bearing serial number 3225, was flown to ecube in Spain, where it will undergo dismantling.
Southwest Airlines (US) has announced significant leadership changes with the upcoming retirements of Executive Vice President (EVP) and Chief Financial Officer (CFO) Tammy Romo and Chief Administration Officer Linda Rutherford. Romo’s retirement will take effect on April 1, 2025, while Rutherford’s retirement timeline has not been specified.
Pelita Air is set to take delivery of one delayed Airbus A320 in June 2025, aligning with its broader fleet expansion strategy for the year. The Indonesian carrier has targeted the addition of four Airbus aircraft in 2025 to support its growing operations.
China Southern Airlines, one of the largest carriers in Asia, has disclosed its financial results for 2024, highlighting a net loss of US$244 million. Despite the loss, the airline saw a notable increase in revenue, which grew by 8.9% to $23.9 billion.
Lufthansa has entered into a $400 million sale-leaseback agreement with an undisclosed lessor, covering three Airbus A321neo and five A320neo aircraft currently operated by Eurowings, its subsidiary in Germany. This strategic move provides Lufthansa with increased flexibility and liquidity while retaining operational control of these modern, fuel-efficient aircraft within the Eurowings fleet.
British Airways, one of the UK’s flagship carriers, has confirmed that it will not resume its seasonal flights between London Heathrow and Pula, Croatia, in summer 2025. These flights, traditionally operated using Airbus A319 and A320 aircraft, were part of the airline’s summer schedule catering to leisure travelers.
