LATAM Brasil, a leading carrier in South America, has expanded its narrowbody fleet with the delivery of an Airbus A320neo, serial number 8702, acquired on lease and powered by Pratt & Whitney PW1127G-JM engines. This aircraft supports the airline’s goal of maintaining efficient and sustainable operations on its domestic and short-haul regional routes.
Garuda Indonesia has expanded its widebody fleet with the delivery of a new Airbus A330-900, serial number 1887, acquired on lease. The aircraft is powered by Rolls-Royce Trent 7000-72 engines, offering improved fuel efficiency and reduced emissions over previous-generation A330 models.
Croatia Airlines has announced plans to retire one Airbus A320, serial number 1237, during 2025 as part of its broader fleet modernization strategy. The retirement aligns with the carrier’s move to a single-type fleet centered around the Airbus A220, offering improved efficiency and operational standardization.
Croatia Airlines has been notified of delivery delays affecting four Airbus A220 aircraft originally scheduled for arrival during 2025. Despite the setbacks, the airline’s third A220 is now confirmed for delivery in May 2025, maintaining momentum in its transition to a new-generation fleet.
Air India, through its wholly owned subsidiary AI Fleet Services, has completed the acquisition of six Boeing 777-300ER aircraft that were previously operated under lease agreements. The aircraft, with serial numbers 39686, 39687, 39688, 39689, 39690, and 41701, were purchased in advance of their scheduled lease expirations in 2026, signaling a strategic move to consolidate fleet ownership.
ITA Airways, Italy’s flag carrier, reported revenues of $3.5 billion for the full year 2024, representing a 26% increasecompared to the previous year, driven by expanded route offerings and improved passenger volumes. Despite this revenue growth, the airline recorded a net loss of $256.6 million, highlighting continued operational challenges and restructuring costs.
Kuwait Airways has appointed Abdul Wahab Al-Shatti as its new Chief Executive Officer (CEO), replacing Ahmed Al-Kuraibani. The leadership transition comes in response to ongoing concerns related to safety oversight and deadline management, which reportedly triggered internal and external pressures for a change in direction at the airline’s executive level.
Finnair, the national carrier of Finland, has announced the appointment of Pia Aaltonen-Forsell as its new Chief Financial Officer (CFO) and member of the Executive Board, effective August 1, 2025. Aaltonen-Forsell brings with her an extensive background in finance, leadership, and corporate governance, which is expected to contribute to Finnair’s post-pandemic recovery and growth strategy.
KLM, the flag carrier of the Netherlands, grounded seven Boeing 787 aircraft on May 3, 2025, after a serious maintenance oversight involving a refueling system component. The grounding occurred following the discovery that engineers had applied the wrong maintenance procedures, prompting immediate safety concerns and regulatory involvement.
Qatar Airways Cargo has officially been announced as the launch customer for the B777-200LRMF (Long Range Mammoth Freighter), a newly converted widebody freighter developed by Mammoth Freighters, a U.S.-based P2F (passenger-to-freighter) conversion specialist. The airline has finalized an agreement to acquire five of these aircraft from Jetran, a U.S.-based aviation services and leasing company.
