British Airways has expanded its narrowbody fleet with the delivery of a new Airbus A320neo, bearing serial 12441. The aircraft is powered by LEAP-1A26 engines, offering greater fuel efficiency and lower emissions, in line with the airline’s sustainability goals.
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PLAY Airlines, the Iceland-based low-cost carrier, has reported a net loss of US$26.8 million for the first quarter of 2025, as operating revenues declined 8%, totaling US$46.4 million. The carrier ended the quarter with a cash position of US$21.1 million, reflecting tighter financial conditions amidst softer demand.
Nouvelair (Tunisia) has expanded its fleet with the addition of an Airbus A320, serial number 2717, under a lease agreement from Electra Airways (Bulgaria). The aircraft was inducted into the fleet on 02 April 2025, supporting Nouvelair’s operational capacity during the upcoming peak travel season.
Airbus has informed its airline customers that aircraft delivery delays are likely to persist for at least another three years, with the situation expected to normalize only by 2028. The continued delays are primarily attributed to persistent supply chain disruptions, particularly involving aircraft engines and critical structural components.
United Nigeria Airlines has entered into a Memorandum of Understanding (MOU) with Cronos Aviation, a Canadian aviation services provider, to establish a new Maintenance, Repair, and Overhaul (MRO) facility in Nigeria. This partnership aims to address the growing demand for aircraft maintenance services within Nigeria and the surrounding region, reducing reliance on foreign MRO facilities…
Norse Atlantic Airways, a Norway-based long-haul low-cost carrier, has successfully raised $8.7 million in gross proceeds through a private placement. The placement involved the issuance of 19.2 million new shares, directed towards B T Larsen & Co (Cyprus). The capital increase has been formally registered, marking a key step in bolstering the airline’s financial stability and funding future operational goals.
GE Aerospace is projecting a significant increase in narrowbody engine deliveries for 2025, anticipating a growth rate of 15% to 20% year-on-year. CEO Larry Culp announced that the company is seeing tangible improvements in its supply chain, which have been a persistent bottleneck in recent years.
