Turkish Airlines has become the first airline globally to utilize the Sompo AXIS Aviation Finance Insurance product to finance its new aircraft, signaling a unique innovation in aviation financing. The carrier applied the solution to the acquisition of two aircraft: one Airbus A350-900 and one Airbus A321neo.
British Airways, the flag carrier of the United Kingdom, has expanded its narrowbody fleet with the delivery of one Airbus A321neo, bearing manufacturer serial number (MSN) 12481. The aircraft is equipped with LEAP-1A32 engines, a high-efficiency turbofan model from CFM International.
AZAL Azerbaijan Airlines has announced ambitious expansion plans, with expectations to introduce more than 30 new-generation aircraft into its fleet. This large-scale fleet renewal is supported by signed agreements with aircraft manufacturers and leasing companies, aligning with the airline’s long-term modernization strategy.
Atlas Air Worldwide Holdings, a major U.S.-based cargo operator, has entered into a new long-term ACMI (Aircraft, Crew, Maintenance, and Insurance) agreement with Turkish Cargo, the freight division of Turkish Airlines. Under this contract, Atlas Air will operate a Boeing 747-400 Freighter on behalf of Turkish Cargo starting in May 2025.
Air Canada has revised its fleet delivery schedule, confirming that both the A321XLR and B787-10 aircraft types will now be delivered starting in 2026, representing a delay of several months from the originally expected timeline. The adjustments affect the airline’s fleet development strategy through 2028 and reflect broader supply chain constraints impacting OEMs globally.
Nepal Airlines, the state-owned flag carrier of Nepal, is set to undergo a comprehensive restructuring, according to a recent announcement by the country’s President, Ramchandra Paudel. The statement was made during a public address focused on broader efforts to reform and enhance the nation’s civil aviation sector.
Qatar Airways has strengthened its long-haul fleet with the addition of two new Boeing 787-9 Dreamliners, registered as A7-BHU and A7-BHV, both powered by General Electric GEnx-1B74/75 engines. The expansion aligns with the airline’s continued fleet modernization efforts and strategic growth into high-demand international markets.
Phoenix Aviation Capital, based in Ireland, and AIP Capital, a U.S.-based investment platform, have jointly announced the acquisition of a Boeing 787-8 Dreamliner, serial number 35942, which has been placed on long-term lease with LOT Polish Airlines. The transaction underscores continued confidence in widebody leasing and in LOT’s long-haul strategy.
LATAM Brasil has expanded its narrowbody fleet with the addition of a new A320neo, serial number 12576, powered by PW1127G-JM engines. This latest delivery is part of LATAM Group’s broader modernization strategy, aiming to replace older aircraft with newer, more fuel-efficient models across its subsidiaries.
Japan Airlines (JAL) has confirmed that it will postpone the retirement of its Boeing 777-300ER fleet by approximately one year, in response to ongoing delivery delays of the Airbus A350 widebody aircraft. This decision will allow JAL to maintain its long-haul service capacity without significant disruption to its global route network.
