Arcano Partners Acquires Two Narrowbody Aircraft

ByAdmin 12/12/202413/12/2024

Arcano Partners (Spain) has announced the successful completion of its second transaction through its investment vehicles Arcano Aviation Fund and Arcano Capital Aviation. The transaction involves the acquisition of two Airbus narrowbody aircraft, both of which are under existing lease agreements with Wizz Air (Hungary).

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Airbus | Airlines | Delivery | Fleet

LEVEL Expands A330-200 Fleet with Seventh Aircraft

ByAdmin 04/12/202409/12/2024

LEVEL, a Spain-based airline, is set to expand its operations with the addition of its seventh Airbus A330-200 in the coming weeks. This milestone marks another step in the airline’s commitment to bolstering its fleet capacity to meet growing passenger demand.

Corporation | Embraer | Part Out

EJS Signs LOI for Acquisition of Ex-Air Burkina E175

ByAdmin 09/12/202411/12/2024

EJS (UK) has signed a Letter of Intent (LOI) with Nordic Aviation Capital (Ireland) to acquire an Embraer E175, serial number 17000316, previously operated by Air Burkina. The aircraft, currently located in Poland, is scheduled for disassembly at Nordic Aviation Capital’s Bydgoszcz facility during the first quarter of 2025.

Boeing | Corporation | Financial | Loan

Spirit AeroSystems Nears Funding Deal with Boeing for Cash Support

ByAdmin 09/11/202409/11/2024

Spirit AeroSystems and Boeing are close to finalizing a funding agreement aimed at providing a critical cash lifeline for Spirit, which has been facing significant financial challenges. The funding comes as Spirit AeroSystems anticipates a cash burn of approximately $450-500 million over the last quarter of 2024 and the first half of 2025. The deal reflects Boeing’s ongoing efforts to support its…

Jetstar Takes Delivery of One A320neo

ByAdmin 17/12/202418/12/2024

Jetstar, the low-cost carrier based in Australia, has taken delivery of a new Airbus A320neo, identified by serial number 12229. The aircraft is powered by LEAP-1A26 engines, produced by CFM International, enhancing Jetstar’s fuel efficiency and operational performance.

Airbus | Airlines | CFM International | Delivery | Fleet

American Airlines Adds Airbus A321neo to Its Fleet

ByAdmin 20/11/202422/11/2024

American Airlines, one of the largest carriers in the world, has taken delivery of a brand-new Airbus A321neo, serial number 12262. The aircraft is powered by LEAP-1A33 engines, known for their superior fuel efficiency and reduced environmental impact.

Airlines | Crisis | Governments | Legal | Low Cost Carrier

Wizz Air Loses Challenge Against EU-Approved Aid for TAROM

ByAdmin 06/11/202408/11/2024

Wizz Air, a low-cost airline based in Hungary, has lost its legal challenge against a $2.1 million capital increaseprovided by the Romanian government to TAROM, Romania’s national airline. This capital injection, aimed at supporting TAROM, was approved by EU competition regulators, and the EU General Court has now dismissed Wizz Air’s objections. Wizz Air argued that the state aid breached…

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