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Asiana Cargo Sale To Air Incheon Nears Completion

Asiana Cargo, the cargo division of South Korea’s Asiana Airlines, is in the final stages of its acquisition by Air Incheon, marking a pivotal moment in the consolidation of the country’s air freight market. Following regulatory approvals by the Ministry of Land, Infrastructure and Transport (MLIT), the unified cargo airline is expected to officially launch in July 2025.

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Altavair Appoints Beng Yip As SVP For Asia Pacific

Altavair, a U.S.-based aviation investment and leasing firm, has announced the appointment of Beng Yip as Senior Vice President of Marketing and Head of Asia Pacific, marking a significant expansion in its executive leadership focused on the region. This move reflects Altavair’s intent to deepen its footprint in one of the fastest-growing aviation markets in the world.

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Air Europa Sale Impacted By Low Bids, U.S. Tariff Concerns

Air Europa, the Spanish carrier currently undergoing a privatization and acquisition process, is facing increased uncertainty in its sale as the airline evaluates underwhelming offers from major European airline groups. Bids submitted by both Lufthansa (Germany) and Air France-KLM are reportedly below expectations, casting doubt over the timing and structure of a potential transaction.

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Jordan Airmotive Expands CFM56-7B Support For SCAT Airlines

Jordan Airmotive, a prominent MRO provider based in Amman, has announced a strengthened partnership with SCAT Airlines of Kazakhstan by expanding its scope of services to include maintenance and full overhaul capabilities for CFM56-7B engines. This move builds on a previously established relationship and reflects increasing regional demand for reliable engine support services.

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KLM Cityhopper Adds E190 On Wet Lease From German Airways

KLM Cityhopper, the regional subsidiary of KLM Royal Dutch Airlines, has taken delivery of one Embraer E190aircraft on wet lease from German Airways. The aircraft, bearing serial number 19000061, is equipped with CF34-10E5 engines, developed by GE Aviation, a widely used powerplant across the E-Jet series.

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Fly2Sky Begins Operations With Air Albania For Summer 2025

Fly2Sky, a Slovak ACMI and charter operator, has officially commenced operations with Air Albania for the summer 2025 season, deepening its presence in the southeastern European aviation market. This development is part of a broader trend in which regional carriers collaborate on flexible fleet solutions during high-demand travel periods.

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China Southern Suspends B787-8 Sale Amid Trade Tensions

China Southern Airlines, one of the largest carriers in Asia, has suspended the planned sale of 10 Boeing B787-8 aircraft, citing the escalating trade tensions between China and the United States. The decision underscores how geopolitical dynamics are increasingly influencing commercial aviation transactions.

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Air Peace Wet Leases A320 From SmartLynx, Serial 2233

Air Peace, Nigeria’s largest carrier, has taken delivery of one Airbus A320 aircraft, on wet lease from Latvian ACMI operator SmartLynx. The aircraft, bearing serial number 2233, is powered by CFM56-5B4/P engines, a reliable workhorse engine widely used across the A320 family.