Andes Líneas Aéreas, an Argentine carrier, has added two Boeing 737-700 aircraft, with serial numbers 38125 and 38126, to its fleet through lease agreements. The aircraft are expected to strengthen Andes’ operational capacity and enhance its position in Argentina’s competitive domestic aviation market.
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AAR (US) has signed a multi-year nacelle maintenance, repair, and overhaul (MRO) agreement with Cebu Pacific Air (Philippines) to support the airline’s Airbus A320 fleet, powered by CFM56-5B engines. The contract will see AAR performing nacelle MRO services at its Chonburi, Thailand facility, reinforcing its commitment to expanding support for Asia-Pacific carriers.
Air New Zealand has posted its 2025 interim financial results, reflecting a net profit after taxation of $60.4 million, marking an 18% decline from the prior period. The airline attributes the decline to operating cost pressures and reduced revenue growth, amid a dynamic market environment.
Air Marshall Islands (AMI) has secured a preferential loan from Taiwan to facilitate the acquisition of new aircraft, aiming to enhance inter-island connectivity and modernize its fleet. The announcement was made during Taiwanese President Lai Ching-te’s visit to the Marshall Islands, where he addressed the nation’s parliament and reaffirmed the strong bilateral relations between the two countries.
Air Serbia and China Southern have entered into a codesharing agreement, aiming to improve air connectivity between Serbia and China. This collaboration marks a significant step in strengthening ties between the two countries, offering passengers seamless travel options and enhanced convenience.
Global Crossing Airlines Group, a U.S.-based charter and ACMI service provider, has reported first-quarter 2025 revenue of $66.6 million, marking a 24% year-over-year increase. Despite this significant revenue growth, the airline posted a modest net loss of $200,000, illustrating a near break-even performance.
Airnorth (Australia) has strengthened its fleet with the delivery of an Embraer E190, serial 19000020, under a wet lease agreement with Alliance Airlines (Australia). The aircraft is powered by CF34-10E5 engines, delivering enhanced performance and efficiency for regional operations.
