Air Serbia is set to expand its fleet significantly in 2025, beginning with the addition of one Embraer E195 on a dry lease in April, followed by two additional E195s and one A320-family aircraft later in the year during the fourth quarter.
StandardAero, a leading provider in the aerospace maintenance, repair, and overhaul (MRO) industry, has announced that two of its significant stockholders, affiliates of The Carlyle Group (US) and GIC Private (Singapore), intend to offer for sale 30,000,000 shares of the company’s common stock in an underwritten secondary offering.
Air Lease Corporation (ALC) and several of its subsidiaries have successfully negotiated settlement agreements with a number of insurers, resulting in a substantial cash inflow of $328.5 million. These settlements are a significant part of ALC’s efforts to recuperate losses stemming from its $791.0 million write-off related to its aircraft interests that were detained in Russia.
Air France-KLM is actively pursuing expansion of its strategic holdings, with CEO Ben Smith confirming that the group is in discussions to take a stake in Air Europa of Spain. Additionally, the airline is looking to boost its existing share in SAS (Scandinavian Airlines) of Sweden to a majority ownership.
United Airlines has announced plans to retire 21 aircraft earlier than scheduled in early 2025 as part of a broader cost-saving strategy. This decision follows internal projections of lower-than-anticipated Q1 profitability, prompting the airline to optimize its operations and preserve cash. While specific aircraft types have not been disclosed, the move is expected to be cash-positive in the current fiscal year.
Heston Materials has announced the promotion of Vaidas Vinslovas to the position of Head of Airframe Projects, recognizing his dedication and versatile background in aviation. Vaidas’s career path reflects a blend of academic, operational, and leadership expertise that aligns with the company’s continued growth and project development goals.
Delta Air Lines and LATAM Airlines Group are preparing to integrate Argentina into their existing trans-American joint venture, a move that is still subject to regulatory approval from the Argentine authorities. This expansion would mark a significant enhancement of their collaborative network in South America.
SpiceJet is once again under legal scrutiny as it faces fresh insolvency proceedings initiated by BBN Airlines Indonesia. The dispute centers on unpaid lease rentals amounting to US$5.9 million, marking another financial challenge for the Indian low-cost carrier.
SAESL (Singapore Aero Engine Services Limited) has announced that CEO Simon Middlebrough will step down from his position in July 2025. He will be succeeded by Chris Pattinson, who is set to assume the role and lead the company into its next phase of development.
Thales has inaugurated a new avionics maintenance, repair, and overhaul (MRO) facility in Gurugram, India, strategically positioned near Delhi International Airport. This new center is part of the company’s ongoing efforts to expand its footprint in South Asia and improve support for regional airline customers.
