Azman Air (Nigeria) has ceased operations of one Airbus A340-600 and one Boeing 737-700, with both aircraft recently ferried to Tehran. The move suggests potential future use of these aircraft by an Iranian carrier, although details remain undisclosed.
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Air India has announced a restructuring of its leadership within subsidiary Air India Express (AIX), as part of ongoing governance realignment across the Tata Group’s aviation ventures. Campbell Wilson, the Group CEO of Air India, will step down as Chairman of AIX, with responsibilities handed over to two senior executives already embedded in the company’s leadership structure.
Phoenix Aviation Capital (Ireland), AIP Capital (US), and LuminArx Capital Management (US) have completed the joint acquisition of a portfolio of three Airbus A330-300s, enhancing their investment in the widebody aircraft leasing market. The transaction includes two A330-300s, serials 1346 and 1367, both powered by CF6 engines and leased to China Airlines (Taiwan), along with another A330-300, serial 1690, also powered by CF6 engines…
ANA All Nippon Airways (Japan) remains tight-lipped about which specific division will operate its recently ordered 20 E190-E2 regional jets, according to a statement from President Shinichi Inoue. Speaking to industry observers, Inoue said, “Now is not the right time to talk about it,” leaving open questions about how the new aircraft will be integrated into ANA’s broader…
Jet2 has expanded its fleet with the delivery of a new Airbus A321neo, bearing serial 12355. The aircraft is powered by LEAP-1A32 engines, offering greater fuel efficiency and lower emissions, aligning with the airline’s growth and sustainability strategy.
Ryanair, Ireland’s largest low-cost carrier, has reimbursed subsidies previously received from Hahn Airport (Germany). The repayment follows a ruling by Brussels deeming the state aid provided to the airline as illegal. The demand for repayment was issued by Rhineland-Palatinate, the German state where Hahn Airport is located.
Volofin Capital Management (UK) has announced the successful structuring and closing of a spares inventory financing facility for Virgin Atlantic (UK). The facility, valued at up to $100 million, will support Virgin Atlantic in managing and optimizing its aircraft spare parts inventory.
