| | | | | |

Aviation Capital Group Delivers Airbus A350-900 to Air France

ByAdmin

Aviation Capital Group (ACG), a global aircraft leasing company, has announced the delivery of an Airbus A350-900 to Air France. The aircraft, powered by Rolls-Royce Trent XWB engines, has been placed on a long-term lease as part of a multiple-aircraft sale-leaseback (SLB) agreement between ACG and Air France. This transaction aligns with Air France’s ongoing efforts to modernize its fleet with newer,…

| | | |

American Airlines Expands Fleet with New Airbus A321neo Delivery

ByAdmin

American Airlines, one of the world’s largest carriers, has added a new Airbus A321neo to its fleet, featuring serial number 12291 and powered by LEAP-1A32 engines. This aircraft is part of the airline’s broader fleet renewal strategy, aimed at improving fuel efficiency, reducing emissions, and enhancing passenger comfort.

| | | | |

9 Air Expands Fleet with New Boeing 737-8 Delivery

ByAdmin

9 Air, a subsidiary of Juneyao Airlines and China’s first low-cost carrier, has taken delivery of a new Boeing 737-8, serial number 61385. This aircraft is powered by LEAP-1B engines, enhancing the airline’s fuel efficiency and operational performance. The addition is part of 9 Air’s broader strategy to modernize its fleet and expand its route network.

| | |

Turkish Airlines Reports Strong 2024 Financial Performance

ByAdmin

Turkish Airlines, Turkey’s national carrier, has announced its financial results for 2024, reporting revenue of $22.5 billion and a net profit of $3.4 billion, marking a 17% increase compared to the previous year. The airline’s cash and cash equivalents reached $1.87 billion, underscoring its robust liquidity and financial stability.

|

T’way Air Reports 2024 Financial Results

ByAdmin

T’way Air Co., Ltd., a prominent South Korean low-cost carrier, has announced its financial results for the year ending December 31, 2024. The airline reported sales totaling $1.0 billion, a 13.9% increase compared to the previous year. However, the company also recorded a net loss of $41.5 million, underscoring the persistent challenges faced by the aviation industry amid fluctuating…

| |

Spirit AeroSystems Reports Fourth Quarter 2024 Financial Results

ByAdmin

Spirit AeroSystems Holdings, Inc., a major supplier of aerostructures for commercial and defense aircraft, has announced its financial results for the fourth quarter of 2024. The company reported revenues of $1.7 billion, an operating loss of $577 million, and a net loss of $631 million, reflecting continued financial pressures despite an increase in production output.

|

IAG Initiates $1 Billion Share Buyback Program Following Strong Financial Performance

ByAdmin

International Airlines Group (IAG) has announced the launch of the first tranche of its $1 billion share buyback program, starting with an initial $522 million repurchase. This move follows IAG’s strong financial performance and demonstrates the group’s confidence in its profitability and long-term growth strategy.

| | |

flynas Secures $132 Million Murabaha Financing for Airbus A320neo Acquisition

ByAdmin

flynas, a prominent low-cost airline based in Saudi Arabia, has announced the successful closure of a Murabaha financing agreement with Bank Aljazira, valued at $132 million. This financing arrangement is designated for the acquisition of three Airbus A320neo aircraft, aligning with flynas’s ongoing efforts to expand and modernize its fleet.​

|

Air France-KLM Confirms Interest in TAP Air Portugal’s Privatization

ByAdmin

Air France-KLM, the Franco-Dutch airline group, has confirmed its intention to participate in the privatization process of TAP Air Portugal, the Portuguese national carrier. This announcement comes as the Portuguese government moves forward with plans to sell a stake in TAP, aiming to enhance the airline’s competitiveness and financial stability.