Go First Airways, an Indian low-cost carrier, has been ordered into liquidation by the National Company Law Tribunal (NCLT) after its lenders filed a request for insolvency resolution. The decision marks a critical turning point for the airline, which had been facing financial challenges for some time.
Southwest Airlines, the largest low-cost carrier in the United States, has announced a sale-leaseback transactioninvolving 36 Boeing B737-800s. The deal, conducted with aircraft management firm BBAM, aligns with Southwest’s strategy to monetize the surplus value of its exclusively all-B737 fleet.
Ryanair, Europe’s largest low-cost airline, has announced plans to suspend and reduce the number of flights at seven airports in Spain. The decision comes in response to what Ryanair describes as excessive fees imposed by Aena, the state-owned airport operator.
Vietjet Air (Vietnam) has taken delivery of its latest A321neo under a leasing agreement with Castlelake (Ireland). This delivery is part of a larger contract for the acquisition of four A321neos, which will bolster Vietjet’s growing fleet and enhance its operational capabilities on regional and international routes.
PLAY Airlines, Iceland’s low-cost carrier, has announced the cancellation of several routes in its 2025 schedule. The affected routes include flights from Reykjavik Keflavik to Gothenburg, Hamilton, Palma de Mallorca, and Stockholm Arlanda. This decision reflects the airline’s strategy to optimize its network and focus on routes with higher demand.
VietJet Air, a leading low-cost carrier based in Vietnam, has taken delivery of a new Airbus A321neo, featuring serial number 12315. This state-of-the-art aircraft is equipped with PW1133G-JM engines, developed by Pratt & Whitney, which are recognized for their exceptional fuel efficiency and environmental benefits.
Jetstar Airways, an Australian low-cost carrier, has taken delivery of a new Airbus A321neo, featuring serial number 12183. The aircraft is powered by advanced LEAP-1A32 engines, developed by CFM International, offering superior fuel efficiency and environmental performance.
FlyArystan, the low-cost airline based in Kazakhstan, continues its fleet expansion with the planned delivery of two additional A320 aircraft in the first quarter of 2025. These new aircraft will bolster the carrier’s growing operations across the region, building on the existing fleet that has faced challenges related to A320neo engine issues.
Flybondi, a prominent low-cost airline in Argentina, has canceled 71 additional flights over the holiday period, escalating concerns among passengers and regulators. The cancellations come as the Argentine government closely monitors the situation and awaits a corrective action plan from the carrier to address the ongoing disruptions.
easyJet, a leading low-cost carrier in Europe, has announced plans to expand its network with the introduction of two new routes to Croatia starting in June 2025. These routes will connect Lyon to Zadar and Bordeaux to Dubrovnik, offering passengers greater access to popular destinations on the Adriatic coast.
