Avation PLC to Acquire Airbus A320 Leased to Etihad Airways

ByAdmin 26/02/202505/03/2025

Avation PLC, a Singapore-based commercial passenger aircraft leasing company, has announced an agreement to acquire an Airbus A320 aircraft currently leased to Etihad Airways. This strategic acquisition is expected to finalize in March 2025, subject to customary closing conditions, and is set to enhance Avation’s narrow-body aircraft portfolio while diversifying its revenue streams.

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Avation Leases ATR72-600 to Clic Air for Six Years

ByAdmin 09/04/202511/04/2025

Avation, the Singapore-based aircraft leasing company, has signed a six-year lease agreement with Clic Air of Colombia for one ATR72-600 turboprop. The aircraft, currently undergoing return processing from its previous operator, is expected to be delivered to Clic Air within the coming weeks, further expanding the carrier’s growing regional fleet.

Airlines | Cargo | Management

Cargojet CFO Scott Calver Departs Company

ByAdmin 21/03/202523/03/2025

Canadian cargo carrier Cargojet has announced that its Chief Financial Officer, Scott Calver, has chosen to depart the company to explore other professional opportunities. The transition marks a leadership change within the finance division of the company.

Airlines | Financial | Fleet

Croatia Airlines Forecasts Short-Term Financial Losses Amid Fleet Transition

ByAdmin 05/03/202505/03/2025

Croatia Airlines has warned of negative financial outcomes in the short term, citing challenges associated with its fleet renewal investment cycle. The airline is currently undergoing a major fleet transition, which is expected to improve long-term operational efficiency but will temporarily strain financial performance.

Airlines | Crisis | Legal | Management

Sirius Airlines CEO Faces Prosecution Over Wage Non-Payment

ByAdmin 22/01/202528/01/2025

Kwon Do-gyun, CEO of Sirius Airlines, a South Korean carrier, has been sent to prosecution on charges of failing to pay wages to employees for a period of 8 months. This development has brought significant attention to the airline’s labor practices and financial management.

Airbus | Airlines | Delivery | Fleet | Pratt & Whitney

Wizz Air Adds New A321neo to Fleet

ByAdmin 18/12/202423/12/2024

Wizz Air, a leading low-cost carrier based in Hungary, has expanded its fleet with the addition of a new Airbus A321neo, identified by serial 12196. The aircraft is equipped with PW1133G-JM engines, known for their fuel efficiency and environmental performance.

Cebu Pacific Adds Airbus A321neo to Fleet

ByAdmin 26/12/202402/01/2025

Cebu Pacific, a leading low-cost carrier in the Philippines, has expanded its fleet with the delivery of a new Airbus A321neo, identified by serial number 12172. This aircraft, powered by PW1133G-JM engines, underscores the airline’s commitment to modernizing its fleet and improving operational efficiency.

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