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Boeing CEO Kelly Ortberg Highlights Progress on Recovery

Boeing CEO Kelly Ortberg has provided an update on the company’s ongoing recovery efforts, emphasizing a renewed focus on core business segments and stabilizing aircraft production. Speaking on the company’s progress, Ortberg highlighted strategic initiatives aimed at strengthening Boeing’s operational efficiency and long-term sustainability.

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JetBlue CFO Predicts Peak AOG Due to GTF Engine Issues

JetBlue (US) is bracing for a peak in aircraft on ground (AOG) levels within the next one to two years as it continues to deal with the Pratt & Whitney GTF engine issues affecting its fleet. CFO Ursula Hurley has stated that the airline expects the number of grounded aircraft to rise into the mid-to-high teens in 2025, further stressing JetBlue’s operational and financial outlook.

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HK Express Faces Continued A320neo Groundings in 2025

HK Express (Hong Kong) anticipates that ongoing issues with its Pratt & Whitney (P&W)-powered A320neo fleetwill continue to impact operations through 2025. The airline reported that in 2024, an average of 5.6 A320neos were grounded at any given time due to issues with the P&W GTF engines.

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airBaltic and SUA Lineas Aereas Partner on A220-300 Wet Lease

airBaltic (Latvia) has entered a strategic partnership with SUA Lineas Aereas (Uruguay), expanding its leasing operations into South America. As part of the agreement, airBaltic plans to wet lease up to five Airbus A220-300 aircraft to SUA starting October 2025, marking an important step in its ACMI (Aircraft, Crew, Maintenance, and Insurance) leasing strategy.