Aurora Airlines, a Russian regional carrier, is expected to take delivery of its first Baikal aircraft under a contract with Ural Civil Aviation Plant (UZGA) by the end of 2026. This development marks a key milestone in Russia’s efforts to expand its domestic aviation industry, particularly in the regional aircraft segment.
SpiceJet, one of India’s leading low-cost carriers, has reported a net profit of $2.9 million for fiscal Q3 ending December 31, 2024, marking a significant turnaround in its financial performance. The airline saw total revenue surge 35% year-over-year to $188.7 million, reflecting improved operational efficiency and demand recovery.
Silver Airways and Seaborne Virgin Islands, both operating under bankruptcy proceedings, have filed a court request to extend agreements with aircraft lessors beyond the current 60-day period. The airlines seek additional time to finalize the sale of their assets, ensuring a structured transition amid financial restructuring efforts.
Allan Goh Hwan Hua, co-founder of MYAirline (Malaysia), and several related entities have been hit with a lawsuit from 206 investors, alleging a combined financial loss of $15.1 million. The case adds to the growing scrutiny surrounding MYAirline’s business dealings and financial stability.
GOL (Brazil), along with Wells Fargo Trust Company (US) and JSA International US Holdings, has entered into a stipulation and agreed order regarding the claim allowance and related matters for an aircraft bearing serial number 35825. This agreement clarifies the ownership, leasing, and financial obligations surrounding the aircraft.
Colorful Guizhou Airlines has taken delivery of an Airbus A320neo, marking the introduction of its newly designed cabin layout, which enhances passenger comfort and onboard experience. The aircraft, leased from CDB Aviation, is the second of three A320neos included in a 2024 lease agreement, with the final aircraft scheduled for delivery in 2026.
Alaska Airlines flight attendants have ratified a new three-year labor agreement, finalizing negotiations that focused on wage increases, enhanced benefits, and improved working conditions. The agreement ensures long-term stability for the airline’s cabin crew, addressing key concerns related to compensation and scheduling flexibility.
7 Air, a newly certified U.S. cargo carrier, has achieved a significant milestone by obtaining Part 121 regularly scheduled operator status from the Federal Aviation Administration (FAA). The airline received its Air Operator Certificate (AOC) today, granting it approval to conduct scheduled domestic cargo flights. Revenue operations are expected to commence in early March 2025.
Wizz Air Malta, a subsidiary of Wizz Air, has taken delivery of a new Airbus A321neo, serial number 12378. The aircraft, powered by PW1133G-JM engines, aligns with the airline’s commitment to fuel efficiency, lower emissions, and cost-effective operations.
Transavia Netherlands, a low-cost subsidiary of the Air France-KLM Group, has taken delivery of a new Airbus A321neo, bearing serial number 12351. The aircraft, powered by LEAP-1B32 engines, aligns with Transavia’s efforts to modernize its fleet, reduce emissions, and improve operational efficiency.
