Aus Air Cargo (Australia) has secured a wet lease for a B767-300BDSF (serial number 24146) from affiliate Astral Aviation (Kenya). The first flights operated under this lease agreement commenced on the Hong Kong–Brisbane route, strengthening Aus Air Cargo’s regional capacity.
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Global Crossing Airlines has released its preliminary financial projections for the fourth quarter and fiscal year ending December 31, 2024. The company anticipates Q4 2024 revenue to be between $55 million and $61 million, with an EBITDA ranging from $2 million to $5 million.
Nile Air, an Egyptian airline, has announced the launch of its new route between Cairo and Neom Bay, set to commence on March 31, 2025. The service will be operated with an Airbus A320, providing a reliable and efficient option for travelers between these key destinations.
Czech Airlines has taken delivery of an Airbus A220-300, identified by serial number 55347, under an operational arrangement with Smartwings, its parent company and principal operator. The aircraft is powered by PW1500G engines, continuing the carrier’s gradual modernization and capacity realignment.
mba Aviation (US) has forecasted that the global airline industry will require nearly 33,000 narrowbody and widebody aircraft by the year 2029. According to their analysis, approximately 19,000 of these aircraft will consist of those currently in service, while 14,000 are expected to be fulfilled through new deliveries.
Korean Air, South Korea’s flagship carrier, has successfully secured US$453 million in corporate bond demand forecasting, surpassing its initial target of $137 million by more than threefold. This remarkable interest reflects investor confidence in the airline’s financial stability and growth prospects.
Saudia Group has signed a significant aircraft acquisition deal with Airbus, committing to the addition of up to 20 A330neo widebody aircraft to support the group’s long-term fleet expansion plans. Of these, 10 are firm orders allocated to flyadeal, the group’s low-cost subsidiary. Deliveries are scheduled to begin in 2027 and conclude by 2029.
