Aergo Capital (Ireland) has expanded its portfolio with the acquisition of an A320 family aircraft, bearing serial number 5660, from Deucalion Aviation (UK). The purchase was made on behalf of a managed client, with the aircraft currently on lease to Wizz Air (Hungary).
Norwegian has revised its 2024 group operating profit forecast to approximately US$161 million, reflecting a lower-than-expected performance. The adjustment is largely attributed to balance sheet changes resulting from the weakening of the Norwegian Krone (NOK) against the US Dollar (USD) during the fourth quarter of 2024.
LCI (Ireland) and Sumitomo Mitsui Finance and Leasing (Japan) have successfully executed US$420 million in loan facilities, designated to fund social projects, including the acquisition of helicopters. This strategic collaboration highlights the increasing focus on financing projects that contribute to societal benefits, particularly in sectors such as emergency medical services and search and rescue operations.
The Secretaría de la Defensa Nacional (Sedena), the governmental department overseeing Mexicana, has increased its budget request to US$1.0 billion to finance the purchase of 20 Embraer E2 aircraft currently on order. This significant investment highlights Sedena’s ambition to modernize Mexicana’s fleet and enhance its operational capacity.
LOT Polish Airlines (Poland) has completed the repayment of the second tranche of its pandemic-era loan, transferring a total of US$108.6 million plus interest to the State. This repayment marks another significant step in LOT’s financial recovery following the challenges posed by the global COVID-19 pandemic.
Etihad Airways (UAE) has filed for additional flights to London Heathrow from Abu Dhabi, utilizing new slots leased from American Airlines (US). This strategic move aims to strengthen Etihad’s presence on the highly competitive Abu Dhabi-London route, providing passengers with increased travel options.
Wizz Air (Hungary) has unveiled a new international route connecting Cluj-Napoca (Romania) to Castellón (Spain). The inaugural flight is scheduled for 11 April 2025, further expanding the airline’s European network.
Shenzhen Airlines has announced the launch of a new direct service between Nanjing and Hong Kong, set to commence on 15 January 2025. The route will be operated using the Boeing 737-800, a reliable and efficient aircraft for short- and medium-haul routes.
Qatar Airways has announced the launch of four weekly flights between Malta and Doha, set to commence in July 2025. The route will be operated using the Airbus A320, providing passengers with a comfortable and efficient travel experience.
Pakistan International Airlines (PIA) is set to resume direct flights to Paris on 10 January 2025, marking the end of a four-year hiatus. The route will be operated using the airline’s Boeing 777 aircraft, providing passengers with a comfortable and reliable travel experience.
