Genesis, an Irish leasing company, has completed a significant transaction with its trading partner Carlyle Aviation Partners, also based in Ireland. The deal involves the acquisition of three aircraft, marking a notable development in Genesis’s growing portfolio.
BermudAir has announced its plan to add two Embraer E190 aircraft to its fleet in the spring of 2025. This strategic expansion is aimed at improving operational flexibility and supporting the airline’s growth into new and existing markets.
Air India Express has expanded its fleet with the addition of a Boeing 737-8 on lease. The aircraft, identified by serial number 63289, is powered by state-of-the-art LEAP-1B engines, known for their efficiency and sustainability.
Air China has taken delivery of a Boeing 737-8, further enhancing its operational capabilities. This newly delivered aircraft, identified by serial number 60928, is equipped with advanced LEAP-1B engines, designed for superior fuel efficiency and reduced environmental impact.
Air Canada has expanded its fleet with the delivery of a Boeing 737-8, a modern and efficient narrow-body aircraft. The aircraft, bearing serial number 63385, has been acquired on lease and is equipped with advanced LEAP-1B27 engines, known for their fuel efficiency and lower emissions.
Air Europa, a major airline in Spain, has taken a significant step to address its financial challenges by hiring PJT Partners, a US-based advisory firm, to manage its debt and potentially arrange a capital increase. The airline aims to tackle a substantial debt of US$491.8 million, owed to the Spanish government, as part of its recovery strategy.
Turkish Airlines, Turkey’s national flag carrier, has announced plans to expand its global network with new routes to Minneapolis and Auckland. The airline intends to commence flights to Minneapolis in April or May 2025, while the Auckland route will be introduced via Singapore, further enhancing Turkish Airlines’ connectivity across continents.
Luxair, the flag carrier of Luxembourg, faces a pivotal moment as trade unions and management failed to reach an agreement regarding the cutbacks affecting crews during the pandemic. The ongoing dispute now heads to conciliation, seen as the only remaining option to resolve the matter.
Go First Airways, an Indian low-cost carrier, has been ordered into liquidation by the National Company Law Tribunal (NCLT) after its lenders filed a request for insolvency resolution. The decision marks a critical turning point for the airline, which had been facing financial challenges for some time.
The Association of Asia Pacific Airlines (AAPA), headquartered in Malaysia, has announced that Qantas, Australia’s flagship carrier, has joined the organization with immediate effect. This significant development strengthens Qantas’ engagement within the Asia-Pacific aviation community and underscores its commitment to regional collaboration.
