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South African Airways Submits Five-Year Turnaround Plan

South African Airways (SAA) has presented a comprehensive five-year corporate turnaround plan to the South African government, aiming to stabilize and reposition the national carrier. The plan outlines a two-phase strategy that includes securing a US$120.8 million investment facility and attracting a strategic equity partner to ensure long-term viability.

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Saudia Group Orders Up To 20 A330neos For Fleet Expansion

Saudia Group has signed a significant aircraft acquisition deal with Airbus, committing to the addition of up to 20 A330neo widebody aircraft to support the group’s long-term fleet expansion plans. Of these, 10 are firm orders allocated to flyadeal, the group’s low-cost subsidiary. Deliveries are scheduled to begin in 2027 and conclude by 2029.

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Mauritania Airlines Wet Leases A320 Serial 3577 From MedAir

Mauritania Airlines has expanded its operational capacity by wet leasing an Airbus A320, serial number 3577, from MedAir, a Maltese ACMI and charter operator. The decision comes in response to ongoing fleet shortages, enabling the airline to maintain network coverage and operational reliability.

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Croatia Airlines To Operate Three A220s By May 2025

Croatia Airlines is set to expand its fleet with the addition of a third Airbus A220-300, which will enter service by 20 May 2025. This milestone marks a significant step in the airline’s fleet renewal program, with all three A220s expected to be operational by that date. The carrier is also scheduled to receive five additional A220 aircraft by the end of…

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Vietnam Airlines Signs Vietcombank MoU To Finance 50 Jets

Vietnam Airlines has entered a significant financial partnership with Vietcombank through a newly signed memorandum of understanding (MoU) focused on capital arrangement for the acquisition of 50 narrowbody aircraft. The agreement lays the foundation for structured financing of the airline’s fleet renewal and expansion from 2026 to 2032.

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Saudia Cargo And China Cargo Sign Cooperation MoU

Saudia Cargo has formalized a strategic understanding with China Cargo Airlines through the signing of a memorandum of understanding (MoU) aimed at fostering closer collaboration between the two carriers. The agreement sets the groundwork for enhanced cooperation across several operational and commercial areas, particularly in terms of interline arrangements and special prorate agreements (SPAs).