Asman Airlines (Kyrgyzstan) has unveiled plans to lease two Airbus aircraft—either A320s or A321s—in 2025 to support its ambitions for launching routes to Europe. This initiative is contingent on the airline’s removal from the EU Air Safety List, a prerequisite for operating within European airspace.
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Korean airline T’Way Air has announced an expansion of its European network starting April 2025, with additional flights and the introduction of Boeing 777-300ER aircraft on certain routes. Flights from Seoul Incheon to Frankfurt will increase from four to seven weekly by the end of May, operated with the Airbus A330-200. Additionally, T’Way will upgrade…
Luxaviation San Marino, a premier provider of private aviation services, has recently expanded its fleet with the addition of a Boeing 737-800 BBJ (Boeing Business Jet), serial number 42510. Powered by CFM56-7B27E engines, this Boeing Business Jet offers a blend of extended range, superior fuel efficiency, and luxurious accommodations, catering to high-net-worth individuals and corporate…
Spring Airlines, a major low-cost carrier in China, has unveiled plans for a share repurchase valued between $21 and $42 million. The repurchase will be conducted through centralized bidding and is set to be entirely self-funded, reflecting the airline’s financial strength and commitment to enhancing shareholder value.
Falko, a UK-based aircraft leasing and asset management company, reported a dynamic third quarter in 2024, showcasing significant portfolio activity. The company added 13 aircraft to its holdings, sold seven aircraft and one engine, and entered into Letters of Intent (LOIs) for the sale of two additional aircraft. Falko also demonstrated strong leasing activity, having leased out three aircraft and extended leases for 14…
EgyptAir Maintenance & Engineering (M&E) is pursuing a strategic joint venture with an undisclosed Middle East-based engine specialist, aligning with the group’s ambitious new five-year strategy. This partnership aims to bolster EgyptAir M&E’s capabilities in engine maintenance, repair, and overhaul (MRO) services while expanding its influence in the Middle East aviation market.
Etihad Airways, the national airline of the United Arab Emirates, has reported strong operational results for October 2024, carrying 1.6 million passengers. The airline also achieved a Passenger Load Factor (PLF) increase of 1.0 percentage point, reaching 87% for the month.
