GOL Airlines, a leading Brazilian carrier, has successfully negotiated a resolution with the Bank of Utah concerning claims tied to the lease agreements of several aircraft in its fleet. This agreement covers two Boeing 737-800s with serials 34997 and 34998, and three Boeing 737-8s with serials 44008, 44023, and 44031.
Kenya Airways, a major player in African aviation, is currently facing significant operational hurdles with its fleet of Boeing 787 Dreamliners. According to CEO Allan Kilavuka, three of these aircraft have not been airborne since February 2025, primarily due to the airline’s challenges in securing the appropriate engines and spare parts.
Air Lease Corporation (ALC) and several of its subsidiaries have successfully negotiated settlement agreements with a number of insurers, resulting in a substantial cash inflow of $328.5 million. These settlements are a significant part of ALC’s efforts to recuperate losses stemming from its $791.0 million write-off related to its aircraft interests that were detained in Russia.
SpiceJet is once again under legal scrutiny as it faces fresh insolvency proceedings initiated by BBN Airlines Indonesia. The dispute centers on unpaid lease rentals amounting to US$5.9 million, marking another financial challenge for the Indian low-cost carrier.
Aegean Airlines anticipates continued operational disruptions from GTF engine problems for at least another two years, extending into 2027. The airline projects that the peak of these challenges will occur in 2026, when up to 13 or 14 aircraft may be grounded simultaneously due to Pratt & Whitney’s PW1000G engine reliability issues.
Air India CEO Campbell Wilson anticipates that the global shortage of aircraft, which is currently hampering airline growth worldwide, will continue for at least the next four to five years.
The National Civil Aviation Agency of Brazil (ANAC) has officially suspended the operations of VoePass due to violations of established safety conditions. The regulatory body determined that the carrier failed to meet critical safety requirements, leading to the immediate halt of its activities.
Jet2, the UK-based leisure airline, is set to expand its fleet with the addition of 14 new Airbus A321neo aircraft, powered by CFM International engines. The airline expects these deliveries to bring its total A321neo fleet to 23 aircraft by the end of summer 2025. However, some of these aircraft deliveries will be delayed, leading to higher operational costs during the transition period.
Turkish Airlines (THY) has had its request to operate five additional weekly flights to Canada from April 1, 2025, denied by Canadian authorities. The request, which sought extra-bilateral authority, was rejected as it would substantially modify the negotiated air service agreement outside of the formal renegotiation process.
Spirit Airlines (US) has secured $150 million in compensation from Pratt & Whitney, addressing financial losses stemming from GTF engine removals affecting its Airbus fleet. The airline anticipates further payments, as engine replacement and maintenance challenges are expected to continue through 2026 and beyond.
