Deucalion Aviation, a UK-based aircraft asset manager and lessor, has announced the successful delivery of a second Airbus A321 aircraft to Turkish Airlines under a long-term operating lease agreement. The aircraft, manufactured in 2014, is powered by IAE V2527-A5 engines and joins Turkish Airlines’ growing narrowbody fleet as part of its network expansion strategy.
Bulgaria Air, the national carrier of Bulgaria, has expanded its fleet with the delivery of an Airbus A220-300, MSN 55325, marking another step in its modernization strategy. The aircraft was delivered on lease and is powered by Pratt & Whitney PW1521G-3 engines, a member of the geared turbofan family known for significantly improved fuel efficiency and reduced environmental impact.
TAP SGPS, the state-owned holding company of Portugal’s national airline TAP Air Portugal, has officially defaulted on a bond loan agreement with Azul Linhas Aéreas Brasileiras, the Brazilian airline that has long held a financial stake in TAP. The default was formally recognized during a meeting of debenture holders, convened at the request of Azul and its legal representatives,…
Avianca Group International, one of Latin America’s major airline groups, has announced its first quarter 2025 financial results, revealing mixed performance metrics. The company posted total operating revenues of $1.37 billion, marking an 8.9% increase compared to the same period last year, driven largely by continued recovery in passenger demand and sustained growth in cargo operations.
Kuwait Airways has taken delivery of its first Airbus A321neo, bearing manufacturer serial number 12345, marking the beginning of a fleet renewal initiative that includes a total of nine A321neo aircraft on order. The delivery is part of the airline’s broader strategy to modernize its narrowbody fleet with fuel-efficient, next-generation aircraft.
Air Canada has expanded its narrowbody fleet with the delivery of a Boeing 737-8, carrying manufacturer serial number 66479. The aircraft is powered by LEAP-1B27 engines, manufactured by CFM International, and joins the airline’s growing number of next-generation narrowbody jets designed to support its domestic and transborder operations.
Vietnam Airlines has received official shareholder approval to increase its charter capital by $347.1 million, forming a central component of its strategic long-term plan. The capital infusion will support the acquisition of 50 new aircraft, significantly strengthening the airline’s competitive position in both domestic and international markets.
Croatia Airlines has taken delivery of a new Airbus A220-300, serial number 55350, from U.S.-based lessor Azorra, marking the sixth A220 aircraft to join its fleet. This delivery is the first of three aircraft the airline is scheduled to receive from Azorra by 2026, as part of a comprehensive plan to overhaul and modernize its narrowbody fleet.
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.
