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Altavair Appoints Beng Yip As SVP For Asia Pacific

ByAdmin

Altavair, a U.S.-based aviation investment and leasing firm, has announced the appointment of Beng Yip as Senior Vice President of Marketing and Head of Asia Pacific, marking a significant expansion in its executive leadership focused on the region. This move reflects Altavair’s intent to deepen its footprint in one of the fastest-growing aviation markets in the world.

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Malaysia Aviation Group Reports 93% Profit Drop For 2024

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Malaysia Aviation Group (MAG), the parent company of Malaysia Airlines, has reported a 93% decline in its 2024 net profit, citing the dual impact of lower average airfares and capacity constraints driven by global supply chain and maintenance issues. The carrier posted a net profit of $12 million, down sharply from the prior year.

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Sunwing Airlines Receives B737-800 on Wet Lease from TUI Airways

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Sunwing Airlines, a Canadian low-cost carrier, has bolstered its fleet with the addition of a Boeing 737-800, serial number 39922, acquired on a wet lease from TUI Airways in the United Kingdom. This aircraft comes equipped with CFM56-7B27E engines, known for their efficiency and reliability, which aligns with Sunwing’s operational goals of providing dependable and cost-effective air travel. The wet…

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airBaltic Takes Delivery of 50th Airbus A220-300

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airBaltic has reached a significant fleet milestone with the arrival of its 50th Airbus A220-300, bearing serial number 55329. This latest addition strengthens the airline’s position as a leading operator of the A220-300 and aligns with its strategy of operating a single-type fleet for greater efficiency.