The Canadian government has reportedly sold its 6% stake in Air Canada, which it had acquired in 2021 for $350 million as part of a bailout package to support the airline during the COVID-19 pandemic. This move marks a significant development in the relationship between the government and the nation’s flagship carrier. Please SUBSCRIBE to view the full content.
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Shenzhen Airlines, a prominent carrier in China, has expanded its fleet with the addition of a new Boeing B737-8. The aircraft, identified by serial number 61151, is equipped with LEAP-1B27 engines, manufactured by CFM International, known for their exceptional fuel efficiency and environmental performance.
Qantas, Australia’s flagship airline, has publicly stated that it has no opposition to Qatar Airways’ proposal to acquire a 25% stake in its rival, Virgin Australia.
Allegiant has expanded its narrowbody fleet with the recent acquisition of a Boeing 737-8200, bearing serial number 68020. The aircraft is powered by CFM International LEAP-1B27 engines, signifying the airline’s latest step in transitioning to more fuel-efficient and environmentally friendly aircraft.
Emirates (UAE) is set to spend $5 billion on retrofitting 220 aircraft, as the airline faces delays in the delivery of new aircraft from manufacturers. President Tim Clark emphasized that this investment is essential to sustaining the airline’s extensive global network while awaiting fleet modernization.
Turkish Airlines is preparing to take delivery of a new Airbus A321neo, strengthening its fleet with another fuel-efficient narrowbody aircraft from Airbus. The aircraft, identified by Manufacturer Serial Number (MSN) 12831, is an A321-271NX variant designed for medium-haul routes within Europe, the Middle East, and North Africa.
Avation PLC, a Singapore-based commercial passenger aircraft leasing company, has announced an agreement to acquire an Airbus A320 aircraft currently leased to Etihad Airways. This strategic acquisition is expected to finalize in March 2025, subject to customary closing conditions, and is set to enhance Avation’s narrow-body aircraft portfolio while diversifying its revenue streams.
