I Fly Airlines (Russia) has reported a significant threefold increase in revenue for the first quarter of 2025, reaching over US$23 million, largely driven by the ongoing wet lease of three A330 aircraft to fellow Russian carrier Aeroflot. This leasing arrangement has provided a stable revenue stream for I Fly and underscores the growing interdependence between carriers in the Russian market as…
Ghana has initiated formal discussions with World Aviation Group (US) to evaluate the possibility of establishing a new national carrier, reviving efforts to restore a flag carrier presence in the West African nation. This latest move reflects the government’s ongoing ambition to enhance air connectivity, stimulate tourism, and boost regional competitiveness through a domestically-rooted airline.
SriLankan Airlines will no longer undergo privatization, according to a decision by the Sri Lankan government to retain national ownership of the carrier. The move reverses earlier intentions to offload the state-run airline and instead pivots toward internal reform through a new management structure designed to drive profitability.
HAECO (Hong Kong) has successfully completed the first C-check for a Japan Airlines A350 at its state-of-the-art maintenance facility in Xiamen, China. This marks a significant milestone in the collaboration between the two companies and highlights HAECO’s continued expansion of its Airbus A350 heavy maintenance capabilities.
Philippine Airlines (PAL) has unveiled its near- and long-term fleet expansion plans, with the introduction of two additional aircraft in 2025, increasing its total fleet from 79 to 81 aircraft. This incremental growth is a prelude to a much larger fleet enhancement initiative that includes nine Airbus A350-1000s and thirteen A321neo aircraft in the coming years.
Lufthansa City Airlines, the newly launched subsidiary of Germany’s Lufthansa Group, has taken delivery of its first brand-new Airbus A320neo, bearing serial number 12540 and powered by PW1127G-JM engines. This marks the beginning of a significant fleet expansion plan as the airline prepares to scale its short- and medium-haul operations across Europe.
British Airways has added another Airbus A320neo to its short-haul fleet with the delivery of aircraft serial number 12483, powered by LEAP-1A26 engines. The latest addition supports the airline’s fleet renewal strategy focused on more fuel-efficient and environmentally friendly operations within Europe and nearby markets.
Avmax, the Canadian aviation services company, has completed a significant fleet acquisition deal with Qantas, purchasing a total of 19 De Havilland Dash 8 Series aircraft, comprising three Q200s and sixteen Q300s. The transaction marks one of the largest secondary market moves involving regional turboprops in the Asia-Pacific region this year.
Thai Airways International has reaffirmed its commitment to fleet expansion as a core element of its strategic growth plan, confirming that its order for 45 Boeing 787 aircraft remains active, with deliveries set to begin from mid-2027. In addition to this substantial widebody order, the airline also announced intentions to procure an additional 35 aircraft, contingent on evolving market conditions and demand recovery.
AviLease, the Saudi Arabian aircraft leasing company, has signed strategic long-term lease agreements with Turkish Airlines for a total of eight Airbus A320neo aircraft. Under the terms of the deal, two aircraft have already been delivered, with the remaining six scheduled for delivery throughout 2025.
