Kenya Airways is actively seeking a significant capital infusion of up to $2 billion. This strategic move is intended to manage its existing debt and facilitate an ambitious fleet expansion to enhance its operational capabilities.
Air Algerie has recently enhanced its operational fleet by acquiring an additional Airbus A320, serial number 3487, on a wet lease agreement from Nouvelair Tunisie. This aircraft commenced operations on 12 March 2025, adding increased capacity and frequency to some of the airline’s key European routes.
Air China, one of the leading airlines in Asia, has disclosed its financial results for 2024, revealing a slight net loss of US$3.2 million. Despite the loss, the airline recorded a substantial increase in revenue, which surged by 17.2% to reach $23.9 billion.
TAP Air Portugal, the flag carrier of Portugal, may see its planned privatization process delayed until summer 2025 or potentially later. This news comes from Luis Gallego, CEO of International Airlines Group (IAG), who mentioned that the timing could shift depending on the priorities and plans of Portugal’s new government.
DP Aircraft I, a UK-based aircraft leasing company, has entered into a significant agreement with LOT Polish Airlines for the lease of two Boeing 787-8 aircraft. This arrangement will be managed through DP Aircraft I’s newly established Irish special purpose vehicles (SVPs), named DP Aircraft Ireland MSN 36110 and DP Aircraft Ireland MSN 35320.
Air Canada, one of the leading airlines in North America, has recently enhanced its fleet with the acquisition of a new Boeing 737-8 aircraft. This jet, which bears the serial number 66478, is powered by LEAP-1B27 engines, known for their fuel efficiency and reduced environmental impact.
Kenya Airways, the flag carrier of Kenya, is currently in the process of seeking a strategic investor to aid in its financial recovery and future growth plans. This search is part of a broader strategy that includes completing a significant capital restructuring and enhancing liquidity to ensure sustainable operations.
EPCOR, a subsidiary of the Dutch aerospace group AFI KLM E&M, specializing in Auxiliary Power Unit (APU) services, and Finnair, the flag carrier of Finland, have agreed to extend their maintenance contract for an additional five years. This agreement covers the GTCP331-350 APUs installed on Finnair’s fleet of Airbus A330 aircraft.
Belavia, the national airline of Belarus, is on the verge of significantly bolstering its fleet by adding three Airbus A330aircraft. These planes were previously operated by Magic Air of Gambia and are being repurposed to fit Belavia’s operational needs.
TAP Air Portugal has announced its financial results for 2024, highlighting a net income of $58.0 million. This performance marks a stable year for the airline, with a modest increase in operating revenues of 0.7%, totaling $4.5 billion.
