Lufthansa, Germany’s flagship carrier, has made substantial progress in its planned acquisition of ITA Airways after resolving key pricing issues with the Italian government. The two parties have worked through differences over the valuation of ITA Airways, allowing Lufthansa to move closer to finalizing the takeover deal. This acquisition marks a significant step for Lufthansa, as it seeks…
Turkish Airlines has expanded its fleet with the recent delivery of a leased Airbus A320, identified by serial number 5073. This A320 is powered by V2527-A5 engines from IAE, known for their reliability and efficiency on short- to medium-haul routes. The addition supports Turkish Airlines’ strategy to strengthen its fleet and enhance its operational capabilities across various regional routes.
South African Airways (SAA) has expanded its fleet with the delivery of a Boeing 737-800, identified by serial number 61177, on a wet lease from SunExpress of Turkiye. This aircraft, equipped with CFM56-7B26E engines, is intended to support SAA’s regional operations, allowing the airline to meet growing demand across its African and regional routes. The wet lease arrangement provides SAA with the flexibility to…
Singapore Airlines has expanded its long-haul fleet with the addition of a new Airbus A350-900, identified by serial number 697. This latest aircraft is equipped with Trent XWB-84 engines from Rolls-Royce, known for their efficiency and reliability. The A350-900, designed for fuel efficiency and optimal performance on long-haul routes, aligns with Singapore Airlines’ strategy to enhance its operational capabilities and…
IndiGo, India’s largest airline by market share, is exploring the possibility of extending the wet lease for two Boeing 777aircraft, originally leased from Turkish Airlines. With the existing lease set to expire this week, IndiGo is coordinating with the civil aviation ministry to assess the feasibility of continuing the arrangement. The B777 aircraft have enabled IndiGo to operate long-haul flights efficiently,…
Lufthansa, Germany’s flagship carrier, has reached an agreement with the Italian government to acquire a stake in ITA Airways following intense, last-minute negotiations. This deal marks a strategic move by Lufthansa to expand its footprint in the Italian market, gaining access to a wider customer base and strengthening its position within Europe. The acquisition is expected to bolster ITA…
airBaltic, Latvia’s national carrier, reported an impressive 11% year-on-year increase in passenger numbers for October 2024, totaling 470,800 passengers. This growth aligns with the airline’s ongoing efforts to expand its network and increase flight frequency on popular routes. Additionally, airBaltic’s load factor (LF) saw a notable improvement, rising 5.7 percentage points to reach 84.1%. This higher load factor reflects increased demand and efficient capacity management,…
Doric Nimrod Air Two, based in the UK, has announced the successful sale of an Airbus A380 aircraft, serial 109, to Emirates for a total of US$39.6 million. The transaction marks the completion of the lease period for this specific A380, with the title transfer successfully finalized. This deal represents a significant milestone in Doric Nimrod’s portfolio management, as the proceeds from…
In a landmark agreement within Russian aviation, Aeroflot and I Fly are reportedly finalizing a wet lease arrangement for three Airbus A330 aircraft. This deal, the first of its kind in Russia, signals a shift toward greater collaboration between domestic airlines in the region. The wet lease, which includes the provision of crew, maintenance, and insurance by I Fly, is expected to facilitate Aeroflot’s…
Turkish Airlines has announced its performance statistics for October 2024, revealing a 2.9% decline in passenger numbers compared to the previous year, totaling 7.1 million passengers. Despite this decrease in traffic, the airline maintained a load factor (LF) of 82.7%, indicating stable occupancy on its flights. Additionally, the airline reported a 4.8% increase in Available Seat Kilometers (ASKs), reflecting expanded capacity and route offerings.
