Ryanair Holdings, the Ireland-based low-cost airline group, has lifted its prohibition on non-EU nationals purchasing ordinary shares. This decision ensures continued compliance with EU airline ownership and control regulations, allowing the company to maintain its operating licenses and market position.
GlobalX expects passenger ACMI to remain a core driver of its business, with further expansion anticipated in 2025. Growth will be supported by additional aircraft deliveries in the second half of the year, alongside strengthened partnerships across North America and Europe. The airline is focused on scaling its ACMI operations, ensuring flexibility and capacity for airlines requiring short-term and seasonal capacity solutions.
Capital A, the parent company of AirAsia, has secured approval from Bursa Malaysia Securities for its proposed regularisation plan, a key milestone in its efforts to exit Practice Note 17 (PN17) status. This approval allows the company to move forward with its financial restructuring and business reorganisation, reinforcing its long-term growth strategy.
Setna iO, a US-based aviation asset management and parts supplier, has acquired another Boeing 757-300 for immediate disassembly. The aircraft, previously operated by Condor, will be dismantled by ecube in Spain, further expanding Setna iO’s inventory of used serviceable materials (USM) for commercial aircraft.
ACC Aviation (UK) has announced the appointment of Alan Jordan as Chairman, a strategic move that follows the company’s transition to an Employee Ownership Trust (EOT). This leadership change aims to reinforce ACC Aviation’s long-term growth strategy and align with its employee-driven operational model.
Jordan Airmotive, a leading MRO provider based in Jordan, has announced a new partnership with FTAI Aviation (Cayman Islands) to overhaul CFM56-5B engines, a widely used powerplant for the Airbus A320 family. The collaboration aims to enhance MRO (maintenance, repair, and overhaul) capabilities and expand cost-effective solutions for engine operators in the Middle East and beyond.
AAR (US) has announced the signing of an exclusive Distribution and License Agreement with BELAC, a subsidiary of Chromalloy (US), for PMA (Parts Manufacturer Approval) high-pressure turbine blades developed for PW4000 engine platforms. This agreement strengthens AAR’s position as a leading distributor of high-performance aftermarket aerospace components.
Hanwha Aviation, a South Korean aircraft lessor, is considering adding freighters to its leasing portfolio and developing Maintenance, Repair, and Overhaul (MRO) capabilities as part of its long-term growth strategy. The company is assessing market opportunities to expand its presence in the air cargo leasing sector while strengthening its technical service offerings.
Air Transport Services Group (ATSG) has reported its 2024 financial results, posting total revenue of $2.0 billionand a net income of $27.4 million. The company also recorded $517 million in revenue for Q4 2024, with a quarterly net income of $14.7 million. The results highlight ATSG’s stable financial position in the air cargo and leasing industry.
AFG Aviation Ireland Limited (AFG) has announced the appointment of Imtiaz Khot as Senior Vice President – Commercial. Khot brings extensive experience in airline marketing, aircraft transactions, and structured leasing agreements, following a distinguished career spanning over two decades in the aviation industry.
