Boeing Faces Shareholder Class Action Over 737 MAX 9 Incident

ByAdmin 11/03/202511/03/2025

Boeing is set to face a shareholder class action lawsuit following a mid-air incident involving a 737 MAX 9. The lawsuit alleges that Boeing prioritized profits over safety and misrepresented its commitment to safe aircraft. A federal judge ruled that shareholders who held Boeing stock between January 7, 2021, and January 8, 2024, can sue for damages, citing misleading statements that artificially inflated stock prices.

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Corporation | Financial | Lessor

Aircastle Prices $500M Senior Notes Due 2030

ByAdmin 30/01/202531/01/2025

Aircastle (Ireland) has successfully priced $500 million in 5.250% Senior Notes due 2030, issued at 99.171%. This move strengthens the aircraft lessor’s financial position and provides long-term capital for its global leasing operations.

Airbus | Airlines | CFM International | Delivery | Fleet

China Eastern Takes Delivery of One A320neo

ByAdmin 17/12/202418/12/2024

China Eastern Airlines has taken delivery of a new Airbus A320neo, identified by serial number 12275. The aircraft is powered by LEAP-1A26 engines, manufactured by CFM International, further expanding China Eastern’s modern and fuel-efficient narrowbody fleet.

Safe Air Kenya Adds First Boeing 737-400 Freighter to Its Fleet

ByAdmin 03/02/202504/02/2025

Safe Air Kenya, a prominent cargo airline based in Nairobi, has bolstered its fleet with the addition of its first Boeing 737-400 Freighter (B737-400F), bearing serial number 29202. This strategic acquisition marks a significant milestone in the airline’s efforts to enhance its cargo services across the East African region.

Airbus | Airlines | Delivery | Fleet | Pratt & Whitney

LATAM Brasil Adds A320neo with PW1127G-JM Engines

ByAdmin 06/01/202509/01/2025

LATAM Airlines Brasil has expanded its fleet with the delivery of a new Airbus A320neo, featuring serial number 12371. The aircraft is equipped with PW1127G-JM engines, manufactured by Pratt & Whitney, renowned for their exceptional fuel efficiency and reduced emissions.

Corporation

Lilium’s Assets Acquired by Mobile Uplift Corporation

ByAdmin 26/12/202402/01/2025

Lilium GmbH, the German electric aircraft startup known for developing the Lilium Jet, has entered into an asset purchase agreement with Mobile Uplift Corporation GmbH, a consortium of investors from Europe and North America. This development follows Lilium’s recent financial challenges, culminating in the cessation of operations and the layoff of approximately 1,000 workers on December 20, 2024.

Airbus | Airlines | Delivery | Fleet | IAE

AlMasria Universal Airlines Receives One A321

ByAdmin 24/02/202524/02/2025

AlMasria Universal Airlines (Egypt) has received one A321, serial 1004, powered by V2533-A5 engines, reinforcing its fleet for scheduled and charter operations. FULL ARTICLE AlMasria Universal Airlines (Egypt) has taken delivery of one Airbus A321, serial 1004, powered by V2533-A5 engines. This latest addition enhances the airline’s capacity and operational efficiency, supporting its network expansion across domestic and international routes.

Corporation | Financial | Lessor

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