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Pakistan Receives Single Bid for PIA Stake in Privatization Push

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Pakistan’s government, in its bid to privatize Pakistan International Airlines (PIA), received only one bid from a shortlist of six potential bidders. Blue World City, a major real estate consortium with diversified interests, has emerged as the sole bidder for a 60% stake in PIA. This privatization aligns with Prime Minister Shehbaz Sharif‘s commitments to…

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Qingdao Tourism Group Acquires 50% Stake in Qingdao Airlines

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After a prolonged two-year process, Qingdao Tourism Group has officially acquired a 50% share in Qingdao Airlines, previously held by Qingdao Urban Construction Investment Group. This significant shift reflects ongoing strategic efforts to strengthen the airline’s growth and regional influence in China’s competitive aviation market. The transfer aligns with Qingdao Tourism Group’s goal to expand…

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Udi Sharon Appointed CEO of Challenge Airlines IL

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Challenge Group has appointed Udi Sharon as the new CEO of Challenge Airlines IL. Sharon brings extensive experience from Israel’s logistics and airfreight sectors and joins Challenge Group’s senior management team to enhance the airline’s local and international operations.

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Boeing to Support Nigeria’s Airlines with Aircraft Leasing Solutions

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Boeing is set to meet with Nigeria’s Minister of Aviation, Festus Keyamo, in January 2025 in Dublin to explore options for supporting Nigeria’s domestic airline sector through tailored aircraft leasing solutions. With the country’s air travel demand steadily rising, this collaboration aims to provide Nigerian carriers with improved access to modern fleets, essential for efficiency…

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Roberto Alvo of LATAM Airlines Appointed as ALTA Executive Chair

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The Latin American and Caribbean Air Transport Association (ALTA) has named Roberto Alvo, CEO of LATAM Airlines, as the new chair of its Executive Committee for the 2024-2025 period. Alvo, a seasoned leader in the aviation industry, is expected to bring a strategic vision to ALTA’s initiatives focused on sustainable and efficient growth within Latin…

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PLAY Airlines Partners with StandardAero for LEAP-1A Engine Maintenance

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Icelandic low-cost carrier PLAY Airlines has entered an agreement with StandardAero to receive performance restoration shop visit (PRSV) services for its LEAP-1A engines, which power PLAY’s A320neo fleet. StandardAero, operating from its specialized facility in San Antonio, Texas, will provide PRSV and MRO support under the CFM Branded Service Agreement. This maintenance partnership enables PLAY…

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Volaris Expands Fleet with New Airbus A321neo

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Mexican low-cost carrier Volaris recently took delivery of a new Airbus A321neo, serial number 12202, equipped with Pratt & Whitney PW1133G-JM engines. This aircraft addition supports Volaris’s ongoing commitment to modernizing its fleet with environmentally friendly, fuel-efficient technology. The A321neo offers enhanced fuel efficiency, allowing Volaris to optimize operational costs and reduce its carbon footprint,…

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United Nigeria Expands Fleet with ACMI Deals for A320 and E190

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United Nigeria Airlines is advancing its expansion strategy by securing new ACMI (Aircraft, Crew, Maintenance, and Insurance) leases with Fly2Sky and Marathon Airlines. Through these agreements, United Nigeria will add an Airbus A320 and an Embraer E190 to its fleet by November 2024. The A320 and E190 models are well-suited for short- and medium-haul routes,…

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United Airlines Expands Fleet with New Boeing 737-8

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United Airlines recently took delivery of a Boeing 737-8, identified by serial number 67620, equipped with LEAP-1B28 engines from CFM International. This new addition supports United’s fleet modernization strategy, emphasizing fuel efficiency and reduced emissions. The LEAP-1B28 engines offer substantial fuel savings compared to older models, aligning with United’s commitment to sustainability while enhancing operational…

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TransNusa to Receive First Airbus A321 for Fleet Expansion

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TransNusa, an Indonesian carrier, is set to receive its first Airbus A321, serial number 2309, on lease and equipped with CFM56-5B3/P engines. This aircraft marks a significant step in TransNusa’s fleet development as it expands to serve growing regional passenger demand. The A321, with its extended range and seating capacity, offers TransNusa an efficient solution…