Boeing has launched a significant stock offering that could raise approximately $19 billion, aiming to reinforce its financial position amid recent operational setbacks.
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Uganda Airlines has announced plans to lease two Airbus A320neo aircraft starting June 2025. This strategic move aims to optimize fleet utilization by freeing up the airline’s A330neo aircraft for expanded services, including operations to Abuja, Nigeria.
Jazeera Airways (Kuwait) has announced the approval of a significant investment to purchase six Airbus A320ceo aircraft, currently operated under lease agreements. The total transaction value is $180.9 million, and the airline plans to finance the purchase through a combination of bank loans and internal resources.
China Eastern Airlines has reported a net profit of US$280 million for the third quarter of 2024, marking a significant turnaround from the losses experienced in previous periods. This positive outcome is attributed to a robust recovery in passenger demand and strategic operational enhancements.
Madagascar Airlines, the national carrier of Madagascar, is preparing to expand its operational fleet to five aircraft by mid-December 2024. This development is driven by the anticipated arrival of a new ATR aircraft and the return of another plane currently undergoing repairs.
Korean Air, South Korea’s flagship carrier, has expanded its fleet with the addition of a Boeing 787-10, registered as HL8537. This state-of-the-art aircraft is equipped with GEnx-1B engines, providing superior fuel efficiency and environmental performance.
Jetstar (Australia) has expanded its fleet with the delivery of a new A320neo, identified by serial number 12328. The aircraft is powered by LEAP-1A26 engines, offering superior fuel efficiency and reduced emissions.
