Challenge Group, a Malta-based aviation company, has achieved a significant milestone by registering Europe’s first B777-300ERSF under its 9H Air Operator Certificate (AOC). This marks the introduction of the B777-300ERSF, a converted freighter, into the European market, with the group planning to receive two units in 2025.
Austrian Airlines has announced an extension of its wet leasing cooperation agreement with Sweden-based carrier BRA (Braathens Regional Airlines) until 2027. The partnership, which began nearly a year ago, involves BRA operating three ATR72-600 aircraft on behalf of Austrian Airlines.
FTAI Aviation, headquartered in the Cayman Islands, has announced plans to redeem all outstanding 4,940,000 8.00% Fixed-to-Floating Rate Series B Cumulative Perpetual Redeemable Preferred Shares. The redemption price is set at $25.00 per Series B Share in cash, along with an additional $2.4 million covering accumulated and unpaid distributions.
Air Seoul, a South Korean low-cost carrier, has announced yet another postponement of its loan repayment to its parent company, Asiana Airlines. This marks the 18th extension of the loan’s maturity date since the airline first borrowed US$20.6 million in June 2020.
The Portuguese government has officially requested ANA – Aeroportos de Portugal, the country’s airport operator, to submit a proposal for the construction and operation of a new international airport in the Lisbon district. The proposed airport, to be located in Alcochete, is expected to cost up to US$9.2 billion and commence operations by 2034.
Boeing has restarted testing of its highly anticipated B777X jet, conducting the aircraft’s first flight since its grounding in August 2024. The fleet was halted following a critical failure in the engine mounting structure, raising significant safety concerns and delaying the program’s progress.
WestJet, Canada’s leading low-cost carrier, has unveiled a new seasonal service connecting Calgary (YYC) and New York LaGuardia (LGA). This route will operate between May 24 and August 30, 2025, providing a direct link between Western Canada and one of the world’s most iconic cities.
Volotea, the Spanish low-cost carrier, has announced its decision to close its base at Athens International Airport (ATH) in the summer of 2025. Despite the closure, the airline has confirmed that it will continue operating routes to Athens, ensuring connectivity for passengers traveling to and from the Greek capital.
Thai AirAsia X, the long-haul affiliate of the AirAsia Group, has announced the suspension of its Bangkok Don Mueang (DMK) to Sydney (SYD) service. This change will take effect on February 18, 2025, marking a strategic adjustment in the airline’s network.
Surinam Airways has announced an extension of its leased A340-600 service on the Paramaribo (PBM) to Amsterdam (AMS) route. The flights, operated by USC (Germany), will continue until January 29, 2025, ensuring seamless connectivity between Suriname and the Netherlands.
