Kenya Airways has achieved a notable financial milestone, reporting its first full-year profit in 12 years. In 2024, the airline recorded a total revenue of $1.5 billion, up 6% from the previous year, culminating in a net profit of $41.7 million. A significant contributor to this success was gains from foreign exchange, a key driver in the airline’s…
Deutsche Bank, a major global financial institution based in Germany, is currently evaluating interest from various banks and private credit funds regarding the provision of a $200 million loan. This financing is intended to support the bid by Blackstone, a leading US-based investment firm, for the acquisition of Trans Maldivian Airways.
Singapore Airlines and ANA All Nippon Airways have been granted conditional approval by the Competition and Consumer Commission of Singapore (CCCS) for their Proposed Commercial Cooperation. This approval marks a significant step forward in formalizing the strategic partnership between the two leading airlines.
Fly2Sky Airlines, based in Bulgaria, has officially joined the International Air Transport Association (IATA), marking a significant milestone in its development as an international carrier. Membership in IATA symbolizes Fly2Sky Airlines’ commitment to maintaining the global standards of safety, efficiency, and sustainability that are central to the industry’s operations.
Nordic Aviation Capital (NAC), based in Ireland, has successfully finalized lease agreements for two ATR72-600aircraft with Braathens Regional Airways of Sweden. This deal is part of NAC’s strategic efforts to expand its presence in the European market by supporting regional airlines with modern and efficient turboprop aircraft.
ETF Airways, based in Croatia, has initiated a wet lease arrangement with Sky Alps of Italy, involving a Boeing B737-800 aircraft, serial number 30667. This aircraft will operate on the route between Verona and Dusseldorf, enhancing Sky Alps’ capacity on this international route.
Dubai Aerospace Enterprise (DAE), based in the UAE, has successfully delivered the sixth and final Boeing B737 MAX family aircraft to Aeromexico. This delivery marks the completion of DAE’s current mandate with the airline, which included three B737-8 and three B737-9 aircraft.
DHL‘s CEO, Tobias Meyer, has confirmed that the company does not foresee any changes to its fleet in the near future, despite the escalating trade wars that could potentially impact global demand. This statement comes amid concerns that international trade tensions might lead to reduced cargo volumes.
China Aircraft Leasing Group (CALC) has reached a significant milestone with the successful delivery of its 200th aircraft, an Airbus A321neo, serial number 12332, to United Airlines. This event is noteworthy as it marks the first delivery from CALC’s Mobile, Alabama, facility, underscoring the leasing company’s expanding operations and global reach.
Air Serbia is set to expand its fleet significantly in 2025, beginning with the addition of one Embraer E195 on a dry lease in April, followed by two additional E195s and one A320-family aircraft later in the year during the fourth quarter.
