Air Astana Group, Kazakhstan’s national airline, has reported accelerated fleet growth, expanding from 49 aircraft at the close of 2023 to 57 aircraft as of this year. This expansion came ahead of schedule as part of Air Astana’s strategic response to operational demands and future growth plans. The airline has also adjusted its redelivery timeline…
Vietjet Air, a prominent airline based in Vietnam, has encountered a lease contract issue involving two Embraer E190 aircraft, registered as VN-A251 and VN-A252. The airline claims that the aircraft owner failed to meet the agreed-upon terms, resulting in delivery delays. In response, Vietjet Air has requested that the Civil Aviation Authority (CAA) cancel the…
Porter Airlines, based in Canada, is expanding its transborder services with the inauguration of three new seasonal routes connecting Ottawa and Montreal to the United States. Starting in the upcoming season, the airline will offer flights to Las Vegas from both Ottawa and Montreal, as well as a direct route from Montreal to Fort Lauderdale….
SkyWest, Inc. (NASDAQ: SKYW), a leading regional airline in North America, has announced its financial results for the third quarter of 2024, reporting a 10% increase in revenue, reaching $1.1 billion. This growth is attributed to a surge in passenger demand and enhanced operational efficiency.
SkyWest Airlines, a regional U.S. carrier, has entered a multi-year agreement with United Airlines to bolster its fleet with 40 CRJ550 aircraft. This deal includes SkyWest acquiring 11 used CRJ550s and converting 29 of its existing CRJ700s to the CRJ550 configuration, an industry-first regional jet model tailored to provide a spacious, enhanced passenger experience. Additionally,…
Alaska Air Group has reported its financial results for the third quarter ending September 30, 2024, showcasing a strong performance that positions the company at the forefront of the airline industry. The company achieved a GAAP pretax margin of 10.7% and earnings per share (EPS) of $1.84. Excluding special items and mark-to-market fuel hedge accounting…
IBA Group, a UK-based aviation consultancy, has announced an expansion of its exclusive mandate to remarket Embraer E190AR aircraft, increasing the offering from three to four aircraft. The E190ARs, equipped with CF34-10E6 engines, are currently operational with an East African airline and are available for outright purchase. This expanded mandate reflects IBA Group’s reputation for…
UK-based Falko Regional Aircraft has completed the acquisition of 11 Embraer E-Jets from Nordic Aviation Capital (NAC) of Ireland. This transaction, part of a sale and purchase agreement initially signed in March 2024, includes E175, E190, and E195 models. These regional jets are currently leased to LOT Polish Airlines, a key operator in Europe’s regional…
Breeze Airways, the U.S.-based low-cost carrier, has announced plans to continue operating its Embraer aircraft until 2026, extending their service beyond initial projections. This strategic decision reflects the airline’s commitment to maintaining operational flexibility and meeting evolving market demands.
United Nigeria Airlines is advancing its expansion strategy by securing new ACMI (Aircraft, Crew, Maintenance, and Insurance) leases with Fly2Sky and Marathon Airlines. Through these agreements, United Nigeria will add an Airbus A320 and an Embraer E190 to its fleet by November 2024. The A320 and E190 models are well-suited for short- and medium-haul routes,…
