Avolon Reports Strong 2025 Performance with Fleet Growth and Rating Upgrades, reflecting a year marked by significant aircraft transactions, expanding placements of new-technology aircraft, and improved credit metrics. The update, released from Dublin, outlines the lessor’s fourth-quarter activity and full-year results for 2025.
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Red Sea Airlines, a growing Egyptian carrier, has expanded its fleet with the acquisition of a Boeing 737-800, identified by serial number 30708, on lease from AerCap (Ireland). The airline is pursuing an ambitious expansion plan, targeting a fleet of five aircraft by mid-2025 and eight by 2027, with potential future additions of B737-8s.
Azores Airlines, the regional flag carrier of Portugal’s Azores archipelago, may be forced to declare insolvency if its ongoing privatization process does not succeed, according to Duarte Freitas, a senior official from the Regional Government of the Azores. The financial exposure in such a case could exceed US$350 million, placing substantial pressure on regional and national stakeholders.
Norwegian Group has released its financial results for 2024, highlighting a 38% increase in operating revenue to $3.1 billion. Despite this significant revenue growth, the company experienced a 22% decline in net profit, totaling $120.5 million for the year.
Wizz Air Malta is set to expand its fleet with the upcoming delivery of a new Airbus A321neo, further strengthening the carrier’s position as one of Europe’s fastest-growing ultra-low-cost airlines. The aircraft, designated as MSN 12501, is an A321-271NX powered by a pair of Pratt & Whitney PW1133G-JM engines. It will be configured in a single-class cabin layout with 239 economy seats,…
Avion Express, the Lithuanian ACMI and charter specialist, has taken delivery of an Airbus A320, serial number 4094, as part of a lease agreement. The aircraft is powered by V2527-A5 engines and will support the airline’s expanding global wet lease and charter operations.
Air China, one of China’s leading carriers, has expanded its fleet with the delivery of a Boeing 737-8, identified by serial number 60924. The aircraft is equipped with advanced LEAP-1B engines, known for their fuel efficiency and environmental performance.
