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IndiGo Seeks Extension for Wet Lease of Two B777s from Turkish Airlines

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IndiGo, India’s largest airline by market share, is exploring the possibility of extending the wet lease for two Boeing 777aircraft, originally leased from Turkish Airlines. With the existing lease set to expire this week, IndiGo is coordinating with the civil aviation ministry to assess the feasibility of continuing the arrangement. The B777 aircraft have enabled IndiGo to operate long-haul flights efficiently,…

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Hainan Airlines to Acquire 40 ARJ21-700s for Urumqi Air from 2025

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Hainan Airlines Holding Co., based in China, has announced plans to acquire 40 COMAC ARJ21-700 aircraft in a deal valued up to $1.5 billion. These aircraft are intended for Urumqi Air, a Hainan Airlines subsidiary, with deliveries spanning from 2025 through 2032. The ARJ21-700, developed by COMAC (Commercial Aircraft Corporation of China), is a regional jet well-suited for domestic routes, particularly in less…

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COMAC Secures 30 C909 Orders with Colorful Guizhou Airlines, Air China Eyes C929

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COMAC (Commercial Aircraft Corporation of China) has reached a significant milestone with the signing of a purchase agreement with Colorful Guizhou Airlines for 30 C909 aircraft, marking a major order for the Chinese manufacturer. This agreement includes 20 firm orders and an additional 10 provisional orders, highlighting the growing confidence in COMAC’s aircraft offerings within the Chinese domestic market. In a parallel announcement, COMAC…

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China Southern Receives New A320neo with LEAP-1A26 Engines

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China Southern Airlines has expanded its fleet with the recent delivery of a new Airbus A320neo, identified by serial number 12294. This latest addition is powered by advanced LEAP-1A26 engines from CFM International, known for their fuel efficiency and reduced emissions. The acquisition aligns with China Southern’s ongoing commitment to fleet modernization and environmental sustainability, providing enhanced performance on regional…

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AJet Takes Delivery of Leased A320neo with PW1127G-JM Engines

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AJet, an airline based in Turkiye, has recently expanded its fleet with the addition of a leased Airbus A320neo. The aircraft, identified by serial number 8168, is powered by PW1127G-JM engines from Pratt & Whitney, known for their fuel efficiency and reduced emissions. This acquisition reflects AJet’s ongoing commitment to modernizing its fleet with next-generation aircraft that offer operational efficiencies…

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Aeroitalia Expands Fleet with Leased A319 for Winter 2024/25 Season

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Aeroitalia, an Italian airline, has taken steps to expand its fleet for the winter 2024/25 season by leasing an Airbus A319from Fly Air41 in Croatia since October 2024. Additionally, the airline will welcome another aircraft from Marathon Airlines in Greece on December 1, 2024, further enhancing its operational capacity for the winter season. These fleet additions reflect Aeroitalia’s strategy to strengthen its route network and meet seasonal travel…

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Allied Air Acquires Second AEI B737-800SF, Plans Fleet Expansion to Eight by 2028

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AEI Aeronautical Engineers (US) has announced that its client, Allied Air of Nigeria, has taken ownership of a second AEI B737-800SF, identified by serial number 30146. The acquisition was finalized through a third-party transaction, reinforcing Allied Air’s commitment to expanding its freighter capacity. Allied Air, a leading cargo carrier in Nigeria, aims to grow its fleet of AEI-converted B737-800SF freighters to…

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Volotea Projects 12 Million Passengers and $857M Sales by End of 2024

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Volotea, a Spanish low-cost airline, is on track to achieve substantial growth by the end of 2024, with a projected 12 million passengers transported. For the first nine months of the year, Volotea reported a 14.5% increase in sales, reaching $640 million, while EBITDA rose 21% to $129 million. The airline’s robust performance reflects its strong market position and expanding route network within…

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Skymark Airlines Posts April-September 2024 Revenue Growth but Records Net Loss

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Skymark Airlines, a Japanese carrier, has announced its financial performance for the April-September 2024 period, reporting a 4.7% increase in revenue to $354.7 million. Despite this revenue growth, Skymark posted a net loss of $3.8 million, primarily due to foreign exchange losses impacting its financials. The airline’s exposure to currency fluctuations has posed challenges, yet Skymark remains optimistic, with a forecasted final…

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Regional Express Secures $52.6M Government Funding to Sustain Regional Routes

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Regional Express Holdings (Rex), one of Australia’s prominent regional airlines, has secured $52.6 million in government funding to keep its essential regional routes operational during an extended voluntary administration process. The financial support underscores the government’s commitment to sustaining critical air connectivity across Australia, particularly for remote and underserved communities relying on Rex’s services. Although the exact terms…