Asiana Airlines, a major carrier based in South Korea, has expanded its cargo fleet with the addition of a Boeing 747-400F, serial number 30765. This new freighter is equipped with CF6-80C2B1F engines, manufactured by General Electric, known for their reliability and performance in long-haul freight operations. The B747-400F will bolster Asiana’s cargo capacity, supporting the airline’s logistics network across Asia and…
Albastar, a Spanish airline known for its charter and leisure flights, has announced plans to renew and expand its fleet of Boeing 737-800 aircraft. This strategic move aims to enhance Albastar’s reach across Europe and strengthen its operational capabilities to meet growing demand. By investing in the B737-800, Albastar aligns itself with a reliable aircraft model well-suited for…
Air Senegal has added an Airbus A320 to its fleet through a wet lease agreement with GetJet Airlines, a Lithuanian-based charter and wet lease specialist. This agreement allows Air Senegal to access the aircraft along with crew, maintenance, and insurance, providing immediate operational support without the need for additional internal resources. By bringing in an A320 under this arrangement, Air Senegal…
Brazil is preparing to establish a $690 million credit line by early 2025 to assist financially struggling airlines, according to Ports and Airports Minister Silvio Costa Filho. This government-backed funding initiative aims to stabilize Brazil’s aviation sector, providing crucial financial relief for airlines facing economic challenges due to fluctuating demand and increased operational costs. The initiative is expected to bolster…
IAG CEO Luis Gallego has not yet confirmed whether the group will take part in Globalia’s proposed capital increase for Air Europa, aimed at strengthening the Spanish airline’s financial stability. This potential investment would enhance Air Europa’s fiscal resilience, particularly valuable as the airline seeks to recover from recent economic challenges and compete effectively within Europe.
BermudAir has successfully raised an additional $2 million through a tokenized bond issuance, bringing the total funding raised from this initiative to $3 million since May 2024. The Bermuda-based airline initially garnered $1 million earlier this year, and this latest funding round will bolster BermudAir’s ambitions to expand its fleet and add new routes, positioning it for growth in the…
AJW Group, a leading UK-based provider of aviation support services, has entered into a multi-year Power-by-the-Hour (PBH) agreement with Enter Air (Poland) to support its fleet of 22 B737NG aircraft. This comprehensive agreement includes a full logistics solution, with warehousing and stock positioning in Warsaw, ensuring that Enter Air has access to essential parts and maintenance resources when needed.
AFI KLM E&M, a global leader in aircraft maintenance services, has entered into a comprehensive maintenance agreement with Smartwings (Czechia) for the LEAP-1B engines powering Smartwings’ fleet. This agreement includes Quick Turn Support, enabling timely maintenance solutions that enhance operational efficiency and engine performance.
Wizz Air Holdings, based in Hungary, reported that as of September 30, 2024, it had 41 aircraft on the ground due to ongoing GTF engine-related inspections. This figure marks an improvement over the initial forecast for fiscal 2025, attributed to the expedited induction of quick-turn engines. Wizz Air anticipates an average of 40-45 grounded aircraft over the next 18 months as engine…
United Airlines has further expanded its fleet with the recent delivery of one B787-9, serial number 37449, equipped with GEnx-1B76A engines, along with two A321neo aircraft, serial numbers 12101 and 12175, both powered by PW1133G-JM engines. These additions mark a significant enhancement in United’s capabilities, supporting its strategy to serve long-haul and domestic routes with modern, efficient aircraft.
