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Mexicana Costs Taxpayers Over $1.72 Billion in First Year

Mexicana, Mexico’s revived flag carrier, has reportedly cost taxpayers more than $1.72 billion during its first year of operations, as disclosed by a government agency. This figure includes expenses related to the purchase of 20 Embraer E2 aircraft, part of the airline’s fleet modernization strategy.

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Air Europa Expects New Investors for 20% Stake by Summer 2025

Air Europa, a leading Spanish airline, is attracting significant investment interest from major global carriers as it prepares for a capital increase. According to CEO Jesus Nuno de la Rosa, potential investors include Air France-KLM, Lufthansa, Etihad Airways, and Delta Air Lines. The airline expects up to 20% of its capital to be subscribed through new shares before the summer of 2025.

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Somalia Airlines Suspend Flights Over Government Fee Hike

Somalia Airlines Operators Association, representing the interests of Somalia’s airline industry, has announced the suspension of all domestic and international flights starting January 22, 2025. This decision comes in response to a sharp increase in fees imposed by the federal government, which the association deems unsustainable for continued operations.

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El Al Seeks Relaxation of Pandemic State Aid Restrictions

El Al, Israel’s flagship carrier, is engaging in discussions with the Israeli government to relax the restrictions imposed on the airline as a condition for receiving state aid during the pandemic. In exchange, the airline is proposing a gradual reduction in the government’s participation in its security expenses.

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Lufthansa Technik and LOT Expand MRO Partnership for LEAP-1B Engines

Lufthansa Technik, a leading MRO provider based in Germany, and LOT Polish Airlines are strengthening their partnership through an expanded cooperation agreement. The latest collaboration focuses on MRO services for LEAP-1B engines, which power LOT’s Boeing 737 MAX fleet.

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VietJet Air to Wet Lease Two COMAC ARJ21-700 Aircraft

VietJet Air, a low-cost carrier based in Vietnam, has announced plans to wet lease two COMAC ARJ21-700 aircraft from Chengdu Airlines, a Chinese carrier. The aircraft, identified by serial numbers 185 and 196, are powered by CF34-10A engines manufactured by General Electric (GE).