Delta Airlines has further modernized its fleet with the delivery of a new Airbus A220-300, serial number 55336, which is powered by Pratt & Whitney PW1521G-3 engines. This aircraft is part of Delta’s ongoing initiative to enhance its operational efficiency and passenger experience.
China Southern Airlines, one of the leading carriers in Asia, has recently expanded its fleet with the addition of two new aircraft. The airline took delivery of an Airbus A321neo, serial number 12438, equipped with LEAP-1A32 engines, and a Boeing 777 Freighter (B777F), serial number 67824, powered by GE90-110B1 engines.
Belavia, the national airline of Belarus, is on the verge of significantly bolstering its fleet by adding three Airbus A330aircraft. These planes were previously operated by Magic Air of Gambia and are being repurposed to fit Belavia’s operational needs.
Aviation Capital Group (ACG), a prominent US-based aircraft leasing company, has announced the delivery of a Boeing 737-8 aircraft to Air India Express. This aircraft, featuring advanced LEAP-1B engines, represents the final delivery scheduled under a multiple-aircraft sale-leaseback (SLB) transaction agreed upon between ACG and Air India Express.
Avation PLC, a commercial passenger aircraft leasing company based in Singapore, has successfully completed the acquisition of an Airbus A320 aircraft. This aircraft, built in 2013, is on a long-term lease to Etihad Airways, the national airline of the UAE, with the lease agreement extending until October 2031.
TAP Air Portugal has announced its financial results for 2024, highlighting a net income of $58.0 million. This performance marks a stable year for the airline, with a modest increase in operating revenues of 0.7%, totaling $4.5 billion.
Nordstar Airlines, based in Russia, has reported a substantial increase in its financial performance for 2024, with net profit rising by 2.2 times to $43.5 million. This significant growth in profitability is on the back of a revenue increase of 12.3% year-over-year, totaling $245.4 million.
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.
