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Ethiopian Confirms GEnx, GE9X Engines For New Boeing Fleet

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Ethiopian Airlines Group, Africa’s largest carrier, has finalized a comprehensive engine supply agreement with GE Aerospace (US), confirming its selection of GEnx engines for a fleet of 11 new Boeing 787 Dreamliners and GE9X engines for eight Boeing 777-9 aircraft. The deal includes options for six additional GE9X-powered 777-9s, reflecting the airline’s confidence in GE’s latest propulsion technologies.

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Fuyo Acquires A220-300 From Air Lease For ITA Lease

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Aircraft Leasing & Management (ALM), based in the United Kingdom, has confirmed the acquisition of an Airbus A220-300 by its parent company, Fuyo General Lease of Japan, from Air Lease Corporation (ALC) of the United States. The aircraft, bearing manufacturer serial number (MSN) 55168, remains under an existing operating lease with ITA Airways, the flag carrier of Italy.

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Airbus Eyes 400 Future A220 Orders In Malaysia

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Airbus has initiated active discussions with airlines in Malaysia regarding potential acquisitions of its A220 aircraft, signaling a growing strategic interest in the region. The European aircraft manufacturer expects up to 400 additional orders for the A220 in Malaysia, reflecting both short-term sales opportunities and long-term fleet renewal dynamics.

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Ryanair Profit Falls 16% Despite Higher FY2025 Revenue

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Ryanair Holdings, Europe’s largest low-cost carrier, has reported a 16% decline in profit after tax for the fiscal year ending March 31, 2025, with net earnings dropping to $1.79 billion, even as revenues rose 4% year-on-year to $15.5 billion. The dip in profitability highlights the complex operating environment and evolving cost dynamics the airline is navigating.

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Mesa Air Group Posts $114.6M Loss In Q1 FY2025

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Mesa Air Group, a regional airline operator based in the United States, has released its financial results for the first quarter of fiscal year 2025, reporting a significant net loss of $114.6 million. The downturn was accompanied by a 13.1% decline in total operating revenues, which amounted to $103.2 million for the quarter.

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airBaltic IPO May Be Delayed Amid Funding Concerns

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airBaltic, the flag carrier of Latvia, has cautioned that it may need to secure additional funding from its shareholdersshould unfavorable conditions persist into the second half of 2025. The airline’s statement underlines growing financial uncertainty in a challenging market environment, with the company preparing for multiple potential outcomes.

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Air France, Lufthansa Exit Air Europa Deal Talks

ByAdmin

Air France and Lufthansa have officially halted negotiations with the Hidalgo family, the owners of Spanish airline Air Europa, over the proposed acquisition of a 25% stake in the carrier. The talks reportedly collapsed due to an unresolved dispute concerning the valuation of Air Europa, which the Hidalgo family placed at $1.1 billion.

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Trump Administration Drops DOT Lawsuit Against Southwest Airlines

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The Trump administration has officially withdrawn a U.S. Department of Transportation (DOT) lawsuit filed against Southwest Airlines, which alleged the carrier engaged in misleading flight scheduling practices. The case, initiated during President Biden’s tenure, centered on accusations that Southwest had advertised and sold tickets for flights it was unlikely to operate as scheduled.

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Vietjet To Transfer 50 B737 MAX Aircraft To Thai Affiliate

ByAdmin

Vietjet, the Vietnamese low-cost airline, has signed a cooperation agreement with Boeing to transfer 50 Boeing 737 MAX aircraft to its Thai subsidiary, Thai Vietjet Air. The aircraft are part of a larger order of 200 units originally placed in 2022, aimed at supporting Vietjet’s ambitious regional growth strategy.