Azorra has delivered its first ATR 42-600 to JSX under a lease agreement, marking a pivotal expansion step for the US regional carrier as it introduces ATR turboprop operations for the first time.
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Air China and Cathay Pacific have established a New Framework Agreement to expand collaborative transactionsand deepen their strategic relationship. The agreement aims to extend cooperation beyond traditional codeshare and interline partnerships to include a broader scope involving their 30%-controlled corporations and shared ventures.
T’way Air (South Korea) CEO Jeong Hong-geun has stepped down after failing to secure a fourth consecutive term, following the airline’s acquisition by Daemyung Sono Group. This leadership transition marks a significant shift for the South Korean low-cost carrier, which is now under new ownership.
AviLease, the Saudi Arabian aircraft leasing company, has signed strategic long-term lease agreements with Turkish Airlines for a total of eight Airbus A320neo aircraft. Under the terms of the deal, two aircraft have already been delivered, with the remaining six scheduled for delivery throughout 2025.
Aerolineas Argentinas has announced that it will no longer require transfers from the National Treasury to fund its operations in 2025, marking a significant milestone for the state-owned carrier. This development represents the first time since its nationalization in 2008 that the airline will function without financial backing from the Argentine government.
Fly Play, the Icelandic low-cost airline, has received a voluntary takeover proposal from BBL 212, a newly formed Icelandic investment group. This group is spearheaded by Einar Orn Olafsson, currently the CEO of PLAY, and Elias Skili Skulason, the airline’s Vice Chairman. The proposed acquisition would see BBL 212 acquire 100% of Fly Play’s shares, reflecting a significant internal consolidation effort to reposition…
British Airways is preparing to expand its fleet with the upcoming delivery of a new Airbus A320neo. The aircraft, carrying MSN 12735, is an A320-251N variant and will be powered by CFM International LEAP-1A26 engines. The aircraft is set in a single-class configuration with 180 economy seats, optimizing its capacity for short- and medium-haul routes across Europe.
