Uzbekistan Airways and AZAL Azerbaijan Airlines have entered into a new codeshare agreement, strengthening bilateral air connectivity and expanding travel options between the two nations. The agreement allows each airline to sell seats on select flights operated by the other, enabling more seamless passenger transfers and improved scheduling flexibility.
Riyadh Air, the new Saudi Arabian carrier backed by the kingdom’s Public Investment Fund (PIF), has placed a firm order for 25 Airbus A350-1000 aircraft, marking a critical step in building its long-haul, full-service fleet. The agreement includes the option to increase the order to 50 aircraft, showcasing the airline’s ambitious growth trajectory.
Frontier Airlines, a U.S.-based ultra-low-cost carrier, has announced the selection of GTF engines from Pratt & Whitney to power its incoming fleet of 91 Airbus A321neo aircraft. The first aircraft is expected to be delivered in the fourth quarter of 2026, reinforcing the airline’s commitment to operational efficiency and sustainability.
Croatia Airlines is continuing its narrowbody fleet renewal with the scheduled delivery of two Airbus A220-300s, bearing serial numbers 55363 and 55357, later in June 2025. This fleet expansion is part of a phased transition away from older aircraft models and toward more fuel-efficient, next-generation airframes.
Azul, one of Brazil’s leading airlines, has announced plans to return six additional aircraft and one engine to their respective lessors as part of its ongoing fleet restructuring strategy. With this latest move, the total number of aircraft that the airline intends to phase out now stands at 17.
AviLease, the Saudi Arabia-based aircraft leasing firm, has announced a major fleet acquisition plan with Airbus, placing firm orders for 10 A350F freighters and 30 A320neo Family aircraft. The agreement includes provisions to expand the order to as many as 22 A350Fs and 55 A320neos, reflecting the company’s long-term growth strategy.
ANA Holdings, parent company of All Nippon Airways, has confirmed a large-scale aircraft acquisition agreement with Boeing, solidifying plans to modernize and expand its fleet. The firm order includes 23 Boeing 787-9 Dreamliners and options for up to 22 Boeing 737-8 MAX aircraft, reinforcing the carrier’s long-term growth and sustainability strategy.
Airbus is reportedly close to finalizing a major aircraft deal with LOT Polish Airlines for the acquisition of approximately 40 A220 aircraft, with options for an additional 44 jets, significantly boosting the airline’s modernization and expansion strategy. The agreement, expected to be one of LOT’s most substantial fleet investments in recent years, would mark a key shift in the carrier’s…
SpiceJet, one of India’s prominent budget airlines, has announced a significant financial turnaround in its fourth quarter of fiscal year 2025, recording a profit after tax of $37.8 million. This figure marks a 173% increase compared to the previous period, underscoring a robust recovery in profitability despite declining revenues.
Norse Atlantic, a long-haul low-cost carrier based in Norway, has entered into a $20 million bank overdraft facilityagreement with Nordea Bank, one of the leading financial institutions in the Nordic region. The facility comes with a maturity date of 30 April 2026, offering the airline an additional financial cushion amid growth and operational scaling.
