Icelandair has reported a net profit of $13 million for the second quarter of 2025, marking a solid financial rebound supported by rising travel demand and improved operational efficiency. The airline also saw a 13% increase in quarterly revenue, reaching $463 million, compared to the same period in the previous year.
SmartLynx Airlines, a Latvia-based ACMI and charter specialist, has entered into a wet lease agreement with Vietnam Airlines, extending its growing presence in the Southeast Asian market. Although the aircraft type and duration of the agreement have not been disclosed, the deal signifies further expansion of SmartLynx’s global leasing footprint.
Japan Airlines (JAL) has taken delivery of a new Airbus A350-1000, with manufacturer serial number (MSN) 729, continuing its widebody fleet renewal strategy. The aircraft is powered by Rolls-Royce Trent XWB-97 engines, the most powerful engines in the Trent family, specifically developed for the A350-1000 to enhance long-haul efficiency and range.
Etihad Airways, the flag carrier of the United Arab Emirates, has taken delivery of a new Airbus A350-1000, manufacturer serial number (MSN) 730, further expanding its modern widebody fleet. This aircraft is powered by Rolls-Royce Trent XWB-97 engines, known for their fuel efficiency and long-haul performance, making the type well-suited for Etihad’s intercontinental network.
Turkish Airlines has received a new Boeing 787-9 Dreamliner, serial number 65824, continuing its strategic expansion of long-haul capabilities. The aircraft is equipped with GEnx-1B74/75 engines, developed by GE Aerospace, known for their fuel efficiency and low-emission performance.
Air Arabia Abu Dhabi has announced plans to increase its operational capacity by 40% in 2025, seizing the opportunity created by Wizz Air Abu Dhabi’s decision to exit the market. The expansion is part of a broader regional growth strategy aimed at solidifying Air Arabia’s market position in the UAE’s competitive low-cost segment.
SWISS, the national carrier of Switzerland, is reconsidering the long-term viability of its nine Airbus A220-100 aircraft, prompted by continued technical challenges with their Pratt & Whitney PW1500G engines. The airline is reportedly weighing all options, including potential retirement or replacement of the fleet segment.
Royal Air Maroc has expanded its narrowbody fleet with the delivery of a Boeing 737-8, carrying serial number 43350. The aircraft is powered by CFM International LEAP-1B27 engines, reinforcing the airline’s modernization strategy and supporting growth on its medium-haul routes.
HALO AirFinance, a U.S.-based aviation financing company, has announced the successful closing of two senior secured loans to support Royal Jordanian’s acquisition of two newly delivered Pratt & Whitney PW1900 spare engines. These engines will serve as critical support assets for the airline’s growing Embraer E2 fleet.
Ethiopian Airlines has confirmed it will receive two electric vertical takeoff and landing (eVTOL) aircraft in 2026, as part of a strategic partnership established with Archer Aviation in March 2025. The deal marks a significant step forward in the airline’s commitment to embracing cutting-edge aviation technologies and exploring sustainable transportation options.
