Berniq Airways, based in Libya, is expanding its fleet with the addition of its first Airbus A330-200, bearing serial number 926. This aircraft, to be leased, marks a strategic move by the airline to strengthen its capabilities in the cargo sector.
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China Eastern Airlines has expanded its fleet with the delivery of a new Airbus A320neo, bearing serial number 12249. The aircraft is powered by advanced LEAP-1A26 engines, offering improved fuel efficiency and reduced emissions.
Air France has taken delivery of a new Airbus A220-300, identified by serial 55305, as part of its fleet modernization strategy. The aircraft is equipped with PW1500G engines, known for their exceptional fuel efficiency and reduced environmental impact. This latest addition highlights Air France’s ongoing commitment to operating a more sustainable and efficient fleet.
TAP Air Portugal announced plans to issue €350 million in five-year bonds, targeting institutional investors as part of a strategy to strengthen its financial position and extend debt maturity. The initiative aims to refinance TAP’s existing liabilities and consolidate its cash flow amidst ongoing financial challenges. The airline expects the proceeds to enhance its financial…
Kalitta Air, a prominent US-based cargo airline, has taken delivery of a B777F, serial number 35608, as part of a lease agreement with DAE Capital (UAE). This delivery marks the first of three B777F freighters that Kalitta Air will lease from DAE Capital, strengthening its capacity for long-haul cargo operations.
SMBC Aviation Capital, a leading aircraft leasing company based in Ireland, has entered into lease agreements with Breeze Airways, a U.S.-based airline, for three Airbus A220-300 aircraft. The delivery schedule is set to commence with the first two aircraft arriving in November and December 2024, followed by the final aircraft in early 2025.
Jin Air (South Korea) is set to absorb Air Seoul and Air Busan, as the merger of their respective parent companies moves closer to completion. Jin Air, the largest subsidiary of Korean Air, will become a more dominant player in the domestic aviation market through this consolidation.
