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Lufthansa CEO Predicts Supply Chain Disruptions Until 2030

Lufthansa CEO Carsten Spohr has stated that supply chain disruptions in the aviation industry are likely to persist until the end of the decade. Speaking about the ongoing challenges, Spohr highlighted that aircraft delivery delays remain a significant concern for airlines globally, affecting fleet expansion and modernization plans.

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Azimuth Airlines to Assess SJ-100 After Antalya Incident

Azimuth Airlines (Russia) is currently assessing the continued operation of its Sukhoi SJ-100 aircraft involved in an incident at Antalya Airport. The plane experienced a hard landing, during which a fuel fire ignited near the aircraft. Preliminary evaluations suggest the plane may be deemed a total loss.

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China Eastern Secures $691M in Perpetual Debt Financing

China Eastern Airlines has announced the successful raising of $691 million in perpetual debt financing from its controlling shareholder, China Eastern Airlines Group Co. The debt carries an annual interest rate of 2.20%, providing the airline with a flexible financial instrument to support its operations and growth initiatives.