Solar Cargo, a Venezuelan cargo airline, is set to reactivate its operations in December 2024 following the addition of two Boeing 727-200F aircraft to its fleet. This strategic move aims to enhance the airline’s cargo capacity and service offerings within the region.
SMBC Aviation Capital, a leading aircraft leasing company based in Ireland, has entered into lease agreements with Breeze Airways, a U.S.-based airline, for three Airbus A220-300 aircraft. The delivery schedule is set to commence with the first two aircraft arriving in November and December 2024, followed by the final aircraft in early 2025.
Japan Airlines (JAL) is preparing to place orders for regional jets in 2025, with the first deliveries anticipated in its fiscal year 2028, which begins on April 1, 2028. This strategic move aims to modernize JAL’s domestic fleet and improve regional connectivity across Japan.
FlyOne, Moldova’s leading airline, is preparing to expand its fleet with the addition of an Airbus A320, bearing the serial number 4894. This aircraft is being leased from SMBC Aviation Capital, a prominent aircraft leasing company based in Ireland. The A320 is equipped with CFM56-5B4/3 engines, known for their efficiency and reliability.
Thai Airways International has commenced the Voluntary Debt-to-Equity Conversion period for its creditors, effective November 18, 2024. This initiative is a pivotal component of the airline’s ongoing business rehabilitation plan, aiming to strengthen its financial structure and enhance operational stability.
TAP Air Portugal has reported a 35% decrease in net profit for the third quarter of 2024, totaling $124.1 million. This decline comes despite a 2% increase in operating revenues, which reached $1.35 billion during the same period.
airBaltic has announced a delay in its initial public offering (IPO) plans, now aiming for the first half of 2025 at the earliest. According to CEO Martin Gauss, the airline requires favorable market conditions to proceed with the listing successfully.
Klaus-Michael Kuhne, a significant shareholder of Lufthansa Group, has publicly voiced concerns about a perceived decline in service quality at Lufthansa and its subsidiary, SWISS. In his statement, Kuhne highlighted dissatisfaction with operational standards and hinted at plans to exert greater influence on the airline’s management to address these issues.
LOT Polish Airlines, the national carrier of Poland, has strengthened its leadership team with the appointment of Jerzy Kurella and Piotr Karnkowski as new members of the airline’s management board. This strategic move is part of LOT’s efforts to enhance its governance and leadership capabilities as it navigates a competitive aviation landscape.
Garuda Indonesia, the national flag carrier of Indonesia, has announced the appointment of Wamildan Tsani Panjaitanas its new Chief Executive Officer (CEO), succeeding Irfan Setiaputra. This leadership change marks a pivotal moment for the airline as it seeks to navigate the challenges of the aviation industry and strengthen its position in the regional and global markets.
