Air Canada has expanded its fleet with the delivery of a new Airbus A220-300, featuring serial number 55306. The aircraft is powered by advanced PW1521G-3 engines, enhancing its efficiency and performance for regional and domestic routes.
Stratos, a prominent aircraft investment specialist and asset manager, has delivered two Airbus A320ceos on long-term operating lease to Turkish Airlines. The delivery, announced on 25 November 2024, supports Turkish Airlines’ ongoing fleet expansion, further solidifying its position as the airline with the most extensive global network.
Spirit Airlines (US) has reported its financial results for 3Q 2024, showing a mixed performance. While total operating revenues stood at $1.1 billion, marking a slight year-over-year decrease, the airline faced a significant net loss of $308 million, which nearly doubled compared to the same quarter in the previous year.
Fitch Ratings (US) has announced that the Chapter 11 bankruptcy filing of Spirit Airlines (US) will not have a material impact on Aircraft Lease ABS (Asset-Backed Securities). The credit rating agency attributes this stability to the limited exposure of ABS pools to aircraft leased by Spirit Airlines.
Esas Holding (Türkiye) has completed the transaction of selling 19.2 million shares in Pegasus Airlines to international investors. The shares represent a 3.85% stake in the carrier, reducing Esas Holding’s ownership to 52.8%.
Etihad Airways, the national carrier of the UAE, has officially signed a codeshare agreement with Air Astana, Kazakhstan’s flag carrier, effective November 26, 2024. This partnership is set to enhance connectivity between the two countries, offering passengers increased travel options and seamless connections.
Mavcom (Malaysian Aviation Commission) has recently announced the reallocation of four Subang–Singapore Changi route slot pairs to enhance airline connectivity between the two cities. These slots, formerly held by SKS Airways, have been distributed among AirAsia, Batik Air Malaysia, Firefly, and Malaysia Airlines.
Uzbekistan Airways has announced plans to launch seasonal flights connecting Tashkent to New York JFK Airport, with operations scheduled from 30 March to 23 October 2025. The route will be served by the Boeing 787-8 Dreamliner, known for its fuel efficiency and passenger comfort.
L’Odyssey, a Swiss-based airline, has announced the postponement of the launch of seven new destinations from Nîmes Airport. Originally planned for the 2025 summer season, the openings have been rescheduled to mid-December 2024, citing the need for further clarifications from the DGAC (Direction Générale de l’Aviation Civile).
Israir Airlines, a prominent Israeli carrier, has announced plans to launch a new route connecting Tel Aviv to Milan Bergamo Airport. The service is set to commence on 11 January 2025 and will be operated using the Airbus A320.
