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Deucalion Aviation Leases A321 to Turkish Airlines

Deucalion Aviation (UK) has successfully delivered an Airbus A321 to Turkish Airlines on a long-term operating lease, further strengthening its collaboration with the Turkish flag carrier. The aircraft, manufactured in 2012, is equipped with V2527-A5 engines, known for their reliability and efficiency in medium-haul operations.

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Boliviana de Aviación Faces Operational Challenges Due to Lease Payment Delays

Boliviana de Aviación (BoA), Bolivia’s national airline, is grappling with significant operational challenges due to financial constraints. The carrier has been unable to pay the leases for six of its aircraft, resulting in their grounding. Additionally, two more planes remain out of service due to ongoing maintenance, further impacting the airline’s operational capacity.

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Korean Air Completes Acquisition of Asiana Airlines

Korean Air is set to officially finalize its acquisition of a controlling stake in Asiana Airlines (South Korea) today. This strategic move will see Korean Air invest $1.07 billion to purchase a 63.9% stake in Asiana through a third-party share issuance, marking a significant milestone in the consolidation of South Korea’s aviation industry.

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Etihad and Air Seychelles Establish Codeshare Agreement

Etihad Airways (UAE) and Air Seychelles have announced a new codeshare agreement, which aims to improve connectivity between the two carriers via Abu Dhabi International Airport. This partnership is set to enhance travel options and convenience for passengers flying between the Middle East and the Indian Ocean region.

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EgyptAir Nearing A350 Option Firming and Plans RFP for 20 Leased Aircraft

EgyptAir is making significant strides in its fleet modernization strategy, as it approaches the final stages of firming up A350 options with Airbus. Additionally, the airline is preparing to issue a Request for Proposal (RFP) for approximately 20 leased narrowbody and widebody aircraft to further enhance its operational capabilities.