American Eagle Expands Regional Fleet with New CRJ900 Delivery

ByAdmin 28/03/202501/04/2025

American Eagle, a regional airline under the American Airlines Group, has recently enhanced its fleet with the delivery of a new CRJ900 aircraft. This aircraft, bearing serial number 15401, is equipped with CF34-8C5 engines, known for their reliability and efficiency in regional jet operations.

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Corporation | Financial | General Electric | Manufacturers | Quarterly Performance

GE Aerospace Posts Strong Q4 2024 Orders and Revenue Growth

ByAdmin 27/01/202529/01/2025

GE Aerospace, a leading U.S.-based aviation technology provider, has reported robust growth in its fourth-quarter 2024performance, showcasing significant increases in orders, revenue, and profit. The company’s total orders rose by 46% to $15.5 billion, driven by strong demand for its advanced aviation products and services.

Airlines | Debt | Financial

Virgin Atlantic Achieves Profit in 2024 with Strong Revenue and Debt Reduction

ByAdmin 01/04/202502/04/2025

Virgin Atlantic, the UK-based international airline, has released its financial results for 2024, showcasing a year of profitability and financial health. The airline reported total revenues of US$4.2 billion and a Profit Before Tax and Exceptional Items of $25.8 million.

Airlines | Debt

Rex (Australia) Fully Repays Debt to PAGAC Regulus Holding and Reduces Group Liabilities

ByAdmin 02/04/202503/04/2025

Rex Airlines, a prominent regional carrier in Australia, has successfully utilized the proceeds from the recent sale of its non-core assets to address its financial obligations comprehensively. The airline confirmed that it has used these funds to fully repay the debt owed to PAGAC Regulus Holding, a Singapore-based investment firm.

Airlines | Maintenance | Rolls Royce

Thai Airways Reports Extended Maintenance Delays for Trent Engines

ByAdmin 13/11/202414/11/2024

Thai Airways International has reported extended delays in the maintenance of its Trent engines, with service times now significantly exceeding the prior 90-day wait period encountered in earlier maintenance delays. The prolonged checks are a challenge for the airline, as the extended time out of service affects fleet availability and operational efficiency. These delays highlight the impact of global…

Aircraft Engine Lease Finance Acquires A330-300 Leased to South African Airways

ByAdmin 05/03/202505/03/2025

Aircraft Engine Lease Finance (US) has acquired an Airbus A330-300, serial 1754, currently on lease to South African Airways (SAA). The acquisition expands the company’s widebody leasing portfolio.

Airlines | Alliance | Flag Carrier

Air New Zealand Joins Association of Asia Pacific Airlines

ByAdmin 11/02/202514/02/2025

The Association of Asia Pacific Airlines (AAPA) has announced that Air New Zealand has joined the organization, becoming its 18th member. This move strengthens Air New Zealand’s engagement with other leading carriers in the Asia Pacific region.

Corporation | Financial | General Electric | Manufacturers | Quarterly Performance

Airlines | Alliance | Flag Carrier

Air New Zealand Joins Association of Asia Pacific Airlines

ByAdmin 11/02/202514/02/2025

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