|

Korean Air Evaluates A380 Operations Beyond 2026

Korean Air appears to be evaluating the possibility of operating its Airbus A380 fleet beyond the previously announced retirement year of 2026. Recent developments include sending several of its A380 superjumbos to Lufthansa Technik Philippines for D-checks, a major maintenance procedure required for long-term operational readiness.

| | |

AFI KLM E&M to Acquire Spare LEAP Engines

AFI KLM E&M and CFM International (US) have signed an agreement to purchase up to 10 spare LEAP-1A and LEAP-1B engines. These engines will bolster AFI KLM E&M’s portfolio of LEAP Premier MRO services, enabling the company to provide comprehensive maintenance, repair, and overhaul solutions to airline customers globally.

| |

Lufthansa Issues €515M Hybrid Bond

Lufthansa has successfully issued an unsecured euro hybrid bond with a total volume of US$515 million (approximately €475 million). This bond is part of Lufthansa’s financial strategy to maintain liquidity and strengthen its financial position. The bond bears an interest rate of 5.25% per annum and has a term of 30 years, demonstrating Lufthansa’s confidence in its long-term stability and growth.

| |

Azul and GOL Merger Discussions Progress

Azul (Brazil) is reportedly on the verge of signing a Memorandum of Understanding (MOU) with Abra Group (UK)in the coming weeks, paving the way for a potential merger with GOL (Brazil). This move could mark a significant shift in Brazil’s aviation market, bringing together two major carriers to create a dominant player in the region.