Taiwan’s EVA Air has announced that its scheduled deliveries of Boeing 787 aircraft are expected to proceed on time, despite the ongoing strike at Boeing. However, the airline anticipates potential delays in the delivery of its Boeing 777 Freighter (B777F) aircraft due to production slowdowns related to the labor strike. This development reflects EVA Air’s…
Cebu Pacific, the Philippines’ largest low-cost carrier, recently expanded its fleet with the addition of a new Airbus A321neo, serial number 12407. Powered by advanced PW1133G-JM engines from Pratt & Whitney, this latest acquisition marks a step forward in Cebu Pacific’s commitment to sustainability and operational efficiency. The A321neo, known for its fuel efficiency and…
CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (CDB Leasing), has announced the successful completion of a mandate to sell eight Airbus A330-200 aircraft. This transaction underscores CDB Aviation’s robust asset management capabilities and its commitment to delivering tailored solutions for its stakeholders.
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.
Avianca, Colombia’s flagship carrier, has recently taken delivery of a new Airbus A320neo, serial number 12100, equipped with advanced LEAP-1A26 engines. This latest addition reflects Avianca’s ongoing commitment to fleet modernization, focusing on operational efficiency and environmental sustainability. The LEAP-1A26 engines, produced by CFM International, are well-regarded for their fuel efficiency and reduced emissions, aligning…
Airbus has released its financial results for the first nine months of 2024, reporting consolidated revenues of $48.1 billion, a 5% year-on-year increase driven by strong commercial aircraft demand. This growth reflects continued recovery in the global aviation market, where Airbus recorded gross commercial orders totaling 667 aircraft, underscoring sustained demand from airlines looking to…
Riyadh Air, Saudi Arabia’s new airline backed by the Public Investment Fund, is considering a strategic code-sharing agreement with Cathay Pacific, enhancing its connections in Asia. This collaboration would allow both airlines to expand their reach across Asia and the Middle East, giving Riyadh Air access to Cathay Pacific’s vast network of over 80 destinations…
Guatemala’s TAG Airlines recently presented its fleet modernization strategy for 2024 at the Latin American and Caribbean Air Transport Association (ALTA) meeting held in Nassau, Bahamas. The plan includes integrating ATR-72 aircraft, renowned for their efficiency, ecological benefits, and safety, to enhance the airline’s regional service quality and reliability. With an existing fleet of eight…
Aircraft asset manager Stratos has finalized the sale of four aircraft across three separate transactions, enhancing returns for its investors. The sales include two A320 aircraft sold to Avion Express, a 737-300F purchased by a Middle Eastern buyer, and a leased 777-300ER acquired by Altavair-managed investors. The A320s were transferred at lease expiration, while the…
The release of Russia’s updated SJ-100 aircraft faces delays, as highlighted by Chief Designer Kirill Kuznetsov. While the familiar SSJ100 fuselage remains, the SJ-100 is undergoing extensive testing and certification for its new PD-8 engines, replacing the earlier French-Russian SaM146 engines. The PD-8’s certification, expected in 2025, has introduced unique challenges as the engine undergoes…
