Cebu Pacific (Philippines) has successfully closed its first-ever sustainability-linked Japanese Operating Lease with Call Option (JOLCO) for a new Airbus A321neo. This milestone financing reflects the airline’s commitment to integrating sustainable practices into its growth strategy.
Aircraft Leasing & Management (UK) has announced the acquisition of an A321neo, bearing serial number 10056, from Minsheng Financial Leasing (China). The aircraft is currently under an existing lease agreement with Viva (Mexico), enhancing its operational use in the growing Latin American market.
Airbus has announced its 2024 performance, reporting the delivery of 766 commercial aircraft to customers worldwide. The year also saw 878 gross orders and 826 net orders, reflecting strong demand across its product range.
Air India has finalized its comprehensive aircraft order with Airbus, comprising a total of 350 aircraft. The order includes 210 A321neo, 90 A320neo, 25 A350-900, and 25 A350-1000 models. As part of this agreement, six A350-900s have already been delivered, marking a significant milestone in Air India’s ongoing fleet modernization strategy.
Air Algérie has revised its aircraft order with Airbus, canceling its initial commitment for two A350-1000s while placing a new order for three additional A330-900s. This adjustment reflects the airline’s evolving fleet strategy to optimize its operations and better meet market demands.
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.
STARLUX Airlines (Taiwan) has placed a firm order with Airbus for an additional five A350F freighters, reinforcing its commitment to fleet modernization and expanding its cargo capacity. The new freighters will be powered by Trent XWB-97 engines, which offer superior fuel efficiency and performance.
Korean Air appears to be evaluating the possibility of operating its Airbus A380 fleet beyond the previously announced retirement year of 2026. Recent developments include sending several of its A380 superjumbos to Lufthansa Technik Philippines for D-checks, a major maintenance procedure required for long-term operational readiness.
3TOP Aviation Services (UK) has taken delivery of the fourth and final ex-TAROM Airbus A318, completing a multi-aircraft package deal. The aircraft, bearing serial number 3225, was flown to ecube in Spain, where it will undergo dismantling.
Cathay Pacific (Hong Kong) has announced the launch of direct flights from Hong Kong to Rome, beginning on June 5, 2025. The service will be operated using the Airbus A350-900, a state-of-the-art aircraft renowned for its fuel efficiency and passenger comfort.
