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Cebu Pacific CEO Open to Potential Embraer Narrowbody Aircraft

ByAdmin

Cebu Pacific CEO Mike Szucs has expressed interest in the development of a potential narrowbody airliner by Embraer, highlighting its potential to enhance global aircraft availability and stimulate competition among original equipment manufacturers (OEMs). Szucs noted that such an aircraft could be an attractive addition to the market, offering airlines more options and potentially improving supply dynamics.

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Brussels Airlines Wet-Leases Air Europa Boeing 787-9 for New York Route

ByAdmin

Brussels Airlines has entered into a wet-lease agreement with Air Europa, enlisting a Boeing 787-9 Dreamliner to service its Brussels to New York JFK route. This arrangement commenced on February 22, 2025, and is set to continue while several of Brussels Airlines’ Airbus A330 aircraft are undergoing maintenance.

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BOC Aviation Acquires Five Boeing 737-8 Aircraft for Lease to Arajet

ByAdmin

BOC Aviation Limited, a Singapore-based aircraft leasing company, has announced the purchase of five Boeing 737-8 aircraft from The Boeing Company. These aircraft will be leased on a long-term basis to Arajet S.A., a low-cost carrier based in the Dominican Republic. The deliveries are scheduled for 2026 and 2027, and all aircraft will be powered by CFM LEAP-1B engines.

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Air Montenegro Wet-Leases Embraer E190 from Windrose Airlines

ByAdmin

Air Montenegro has expanded its operational capacity by securing a wet-lease of an Embraer E190 aircraft from Windrose Airlines, a Ukrainian carrier. The aircraft, bearing serial number 19000494, will be integrated into Air Montenegro’s fleet under this agreement, which extends until October 31, 2025.

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Volaris Reports $46M Net Income in Q4 2024 Amid Revenue Decline

ByAdmin

Volaris, Mexico’s leading ultra-low-cost airline, posted a net income of $46 million for the fourth quarter of 2024, despite a 7% decline in operating revenue to $835 million. The airline’s financial position remained strong, with total cash, cash equivalents, restricted cash, and short-term investments reaching $954 million.

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Rex Group Undergoes Sale and Recapitalization Process

ByAdmin

Rex Group (Australia) has officially commenced a sale and/or recapitalization process, following its recent financial difficulties. EY Australia, the appointed administrator, is overseeing the restructuring, aiming to secure the airline’s future through a potential sale or new capital injection.

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Maroomba Airlines Announces New Ownership Structure

ByAdmin

Maroomba Airlines has confirmed a change in ownership, with a group led by Phil Garcia, Stephanie Garcia, Michael Evans, and Katrina Evans taking over the Australian regional airline. The new owners bring experience in aviation and business leadership, positioning the airline for strategic growth and operational continuity.