Arajet, the Dominican Republic’s pioneering low-cost airline, is currently facing challenges due to delays in the delivery of five Boeing 737 MAX aircraft. These delays are part of broader production issues affecting Boeing’s 737 MAX deliveries globally.
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Delta Air Lines (US) has announced robust financial results for the fourth quarter of 2024 and the full year. In 4Q 2024, the airline achieved an operating revenue of $15.6 billion, a 5.7% increase compared to the same period in the previous year. Delta’s net income for the quarter was $843 million, reflecting its strong operational performance.
Aircalin, the flag carrier of New Caledonia, has announced plans to wet lease one Airbus A330-200 from Hi Fly, the Portuguese ACMI specialist, during the summer of 2025. The temporary lease is intended to cover operations out of Noumea while both of Aircalin’s A330-900neos are scheduled for maintenance.
Aviation Capital Group (US) has completed the delivery of two Boeing B737-8 aircraft to Air India Express. The aircraft, equipped with LEAP-1B engines manufactured by CFM International, are part of a sale and leaseback (SLB) agreement supporting the airline’s ongoing fleet expansion.
Bangkok Airways, a regional airline based in Thailand, is evaluating options to replace its aging fleet of 11 Airbus A319s and two A320s with either the Airbus A220 or the Embraer E2. A final decision is expected by the end of 2024, with aircraft deliveries anticipated to begin in 2026 at the earliest. This move reflects Bangkok Airways’ commitment to modernizing its fleet and enhancing operational…
Ryanair CEO Michael O’Leary is set to receive shares worth an impressive $111 million as part of a performance-based incentive program. The payout comes after the company met a significant performance target, signaling the airline’s robust operational and financial health despite industry challenges.
Tunisair, Tunisia’s national carrier, has taken proactive steps to address recent flight disruptions by wet leasing four additional aircraft on a short-term basis. This decision allows Tunisair to ensure uninterrupted service and maintain its operational schedule amidst unexpected disruptions that have impacted regular operations.
