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Air New Zealand Faces Aircraft Availability Challenges Until 2026

Air New Zealand has revealed that it does not expect significant improvements in aircraft availability until 2026, citing ongoing challenges with its fleet of Boeing 787-9 and Airbus A320neo aircraft. These availability issues have impacted the carrier’s operational capacity and ability to meet growing passenger demand.

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ITA Airways Chairman Awaits Lufthansa Group Acquisition Approval

ITA Airways (Italy) chairman Antonino Turicchi has expressed optimism that the airline will secure final approval for its acquisition by Lufthansa Group (Germany) from the European Commission (EC) before the end of 2024. This approval marks a critical step in solidifying Lufthansa’s stake in the Italian national carrier.

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Ethiopian Airlines Supports Air Congo Launch with Two B737 MAXs

Ethiopian Airlines, Africa’s largest carrier, is set to deliver two Boeing 737 MAX aircraft to support the launch of Air Congo, a new joint venture airline in the Democratic Republic of Congo (DRC). The new airline is scheduled to begin operations in December 2024.

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Air Astana Buys Back 4.1 Million Shares in November 2024

Air Astana, Kazakhstan’s national airline, has announced the buyback of 4.1 million shares and Global Depositary Receipts (GDRs) in November 2024. The transaction, valued at $11.9 million, is part of the airline’s ongoing strategy to manage its financial structure and enhance shareholder value.

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Turkish Airlines Increases AJet Capital to Support Growth

Turkish Airlines has announced a significant capital injection of $434 million into its subsidiary AJet, marking a strategic move to support AJet’s expansion and operational growth. The investment underscores Turkish Airlines’ commitment to enhancing the capabilities and market presence of its subsidiary.