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KlasJet Relocates B737 From Dubai To Europe For Summer

KlasJet, a Lithuania-based charter and ACMI operator, has announced the seasonal relocation of one of its Boeing B737 aircraft from Dubai to Europe, beginning in April and continuing through the end of summer 2025. The move responds to rising demand for bespoke charter operations across the European market during the peak travel season.

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Hunnu Air Takes Delivery Of Mongolia’s First E195-E2

Azorra, a U.S.-based aircraft leasing firm, has delivered the first of two Embraer E195-E2 aircraft to Hunnu Air of Mongolia. The aircraft, with serial number 19020171, represents a historic milestone as the first E2 jet to enter service in Mongolia, signaling a new phase of modernization for the country’s aviation sector.

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Astral Aviation Takes Delivery Of First B767-300F

Astral Aviation, a Nairobi-based cargo airline, has taken delivery of its first Boeing B767-300F freighter, marking a key milestone in its fleet modernization and expansion strategy. The aircraft is identified by serial number 24146, and it becomes the airline’s most capable long-haul freighter to date.

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Malaysia Aviation Group Reports 93% Profit Drop For 2024

Malaysia Aviation Group (MAG), the parent company of Malaysia Airlines, has reported a 93% decline in its 2024 net profit, citing the dual impact of lower average airfares and capacity constraints driven by global supply chain and maintenance issues. The carrier posted a net profit of $12 million, down sharply from the prior year.

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China Southern Eyes Cargo Arm IPO In Hong Kong

China Southern Airlines is reportedly planning an initial public offering (IPO) of its cargo subsidiary, China Southern Air Logistics, with the listing expected to take place in Hong Kong. The move is aimed at raising substantial capital to support the division’s growth, amid strong demand in the global air freight sector.

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Air New Zealand Forecasts Up To $112M FY2025 Earnings

Air New Zealand has projected its earnings before taxation for fiscal year 2025 to fall within the range of $88 million to $112 million, a forecast that includes $20–24 million in expected compensation for aircraft that have been grounded. The airline disclosed that 11 aircraft remain grounded, primarily due to global supply chain challenges and delays in maintenance cycles.

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Korea Express Air Faces Sale Amid Financial Restructuring

Korea Express Air, a South Korean regional airline, is anticipated to be put up for sale as it navigates ongoing management and financial difficulties. The carrier has been under corporate rehabilitation procedures since October 2024, and its stakeholders are now considering strategic options, including a full sale, to stabilize the business.