Etihad Airways (UAE) and Air Seychelles have announced a new codeshare agreement, which aims to improve connectivity between the two carriers via Abu Dhabi International Airport. This partnership is set to enhance travel options and convenience for passengers flying between the Middle East and the Indian Ocean region.
Kapila Chandrasena, the former CEO of SriLankan Airlines, has been sanctioned by the United States for his involvement in a bribery scheme that led to the airline purchasing Airbus aircraft at inflated prices. This development marks a significant escalation in the ongoing scrutiny of corruption in international aviation procurement.
Lufthansa (Germany) has issued an urgent appeal to German Chancellor Olaf Scholz and European Commission President Ursula von der Leyen, highlighting critical challenges faced by the European aviation industry. In a formal letter, Lufthansa’s management has demanded enhanced support for the sector to safeguard its competitive position on the global stage.
Korean Air has announced the appointment of Song Bo-young, the head of its passenger business division, as the new CEO of Asiana Airlines, marking a significant leadership transition for the subsidiary.
Ilyushin Finance Co. (IFC), a prominent aircraft leasing company in Russia, has officially transitioned under the control of Avia Capital Services, another leasing entity managed by Rostec, the Russian state corporation. This strategic move consolidates Rostec’s influence in the aviation leasing market, streamlining operations within its ecosystem.
GOL Linhas Aéreas Inteligentes (Brazil) has announced its intention to file a Chapter 11 plan of reorganization, marking a significant step in its financial restructuring efforts. The plan is aimed at deleveraging its balance sheet, extinguishing up to $1.7 billion of prepetition funded debt and $850 million in other obligations, enabling the airline to strengthen its financial foundation.
The Federal Aviation Administration (FAA) has officially certified the Airbus A321XLR, marking a significant milestone for the aircraft. Certification was granted in October 2024, enabling Airbus to proceed with deliveries to U.S.-based carriers.
Alaska Air Group (US) has introduced its ambitious “Alaska Accelerate” strategic plan, charting a three-year roadmap aimed at unlocking US$1 billion in incremental profit and significant value creation following its combination with Hawaiian Airlines (US). The strategy underscores the Group’s focus on delivering enhanced operational efficiency, improved profitability, and stronger shareholder returns.
Rolls-Royce (UK) has welcomed the arrival of the first Trent 1000 engine at its state-of-the-art MRO (Maintenance, Repair, and Overhaul) facility in Dahlewitz, Germany. This milestone signifies the beginning of Trent 1000 maintenance operations at the facility, further strengthening Rolls-Royce’s global MRO capabilities.
Vietnam Airlines has expanded its widebody fleet with the addition of a Boeing B787-10, serial 60295, powered by advanced GEnx-1B74/75 engines. The aircraft was delivered on a lease agreement, underscoring the airline’s strategic focus on modernizing its long-haul operations.
