Aerolineas Argentinas, the national carrier of Argentina, has reported a confirmed net profit of US$114 million for the year 2024. The figure was validated by the country’s Treasury Department, marking a significant financial milestone for the airline after years of fiscal challenges.
Aero Capital Solutions (ACS), based in the United States, has announced the final closing of its fourth and largest aviation investment vehicle to date, securing total aggregate equity commitments of US$936 million. The fund underscores the growing investor appetite for aviation assets and ACS’s expanding role as a major player in the aircraft leasing and investment…
Vietravel Airlines, a rising carrier in Vietnam’s aviation sector, has officially appointed Do Vinh Quang as chairman for the 2025–2030 term. This leadership transition signals a new chapter for the airline as it continues to evolve in a competitive market environment.
South African Airways (SAA) has been named in a corruption and maladministration probe conducted by the government’s Special Investigating Unit (SIU). This investigation is part of a broader effort to address alleged corrupt practices and mismanagement within the airline, which have reportedly led to significant financial losses for the state.
Iberia, the flagship airline of Spain, has announced significant appointments within its Management Committee. Beatriz Guillen has been named as the head of the newly independent Customer Division, a move that underscores the airline’s focus on enhancing customer service and satisfaction. Concurrently, Diego Fernández has been appointed as the chief of Strategy, Transformation, and Sustainability, signaling a strong commitment…
Boeing CEO Kelly Ortberg is set to address lawmakers today, acknowledging that the aerospace giant made “serious missteps” in recent years. This candid admission comes in the wake of a mid-air emergency involving a new B737 MAXin January 2024, an incident that prompted the company to implement “sweeping changes” across its operations.
Air Moana, based in French Polynesia, has recently been confirmed to receive State support totaling US$5.4 million. This financial assistance aims to bolster the airline’s operations amid ongoing economic challenges. However, the decision has sparked significant controversy, particularly with Air Tahiti, another major carrier in the region.
Volaris, a leading low-cost airline based in Mexico, has recently expanded its fleet with the acquisition of a new A320neo, serial number 12485, powered by PW1127G-JM engines. This addition is part of Volaris’s strategic initiative to modernize its fleet with more fuel-efficient and environmentally friendly aircraft.
United Airlines, a leading carrier in the US, has further strengthened its fleet by taking delivery of a leased B737-9, serial number 67741, which is powered by LEAP-1B28 engines. This strategic enhancement is part of United’s ongoing efforts to modernize its fleet with more fuel-efficient and environmentally friendly aircraft.
United Airlines, a major carrier in the US, has recently enhanced its fleet with the acquisition of a new A321neo, serial number 12217, equipped with PW1133G-JM engines. This addition is part of United’s ongoing strategy to modernize its fleet with more efficient and environmentally friendly aircraft.
