Allegiant Air to Acquire Sun Country Airlines in $1.5bn Deal, marking a significant consolidation move within the U.S. low-cost and leisure airline sector. The transaction, valued at approximately $1.5 billion, is expected to close in 2026, subject to regulatory approval.
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Boeing has cited “tangible evidence” in an ongoing lawsuit concerning a B737 MAX deal with Comair, a South African airline that ceased operations in 2022. The lawsuit centers around allegations from Comair that it was deceived by Boeing regarding the safety and reliability of the B737 MAX aircraft. Boeing’s legal response claims that Comair failed to retain records that…
Air Astana (Kazakhstan) has expanded its fleet with the delivery of a new Airbus A320neo, bearing serial number 12360. The aircraft is powered by Pratt & Whitney PW1127G-JM engines, enhancing fuel efficiency and reducing emissions.
Embraer has signed a long-term extension of its heavy maintenance agreement with Republic Airways, ensuring continued support for the airline’s fleet of over 240 Embraer E170 and E175 aircraft. The jets will continue to undergo major maintenance at Embraer’s Services & Support facility in Nashville, Tennessee, where Republic has been performing heavy checks since 2011.
Jeju Air’s catastrophic Boeing 737-800 crash in December 2024 has officially entered the record books as one of South Korea’s deadliest aviation disasters, with 179 fatalities. Preliminary findings from the Aviation and Railway Accident Investigation Board (ARAIB) have revealed that the sequence of events leading to the crash stemmed from a critical pilot error following a bird strike.
China Southern Airlines, one of Asia’s largest carriers, has taken delivery of a new Airbus A321neo, bearing serial number 12270. This state-of-the-art aircraft is powered by LEAP-1A32 engines, known for their superior fuel efficiency and lower environmental impact.
Fitch Ratings (US) has announced that the Chapter 11 bankruptcy filing of Spirit Airlines (US) will not have a material impact on Aircraft Lease ABS (Asset-Backed Securities). The credit rating agency attributes this stability to the limited exposure of ABS pools to aircraft leased by Spirit Airlines.
