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CDB Aviation Completes Sale of Two A330-200s to National Airlines

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CDB Aviation (Ireland) has successfully completed the sale of two Airbus A330-200 aircraft to National Airlines (US). The transaction was finalized with the delivery of the second aircraft, both powered by Trent 800 engines, marking a significant milestone in the leasing company’s portfolio management.

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Cargojet Reports 14.8% Revenue Growth and 182.9% Increase in Earnings for Q3 2024

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Cargojet, Canada’s premier air cargo carrier, has reported strong financial results for the third quarter of 2024, with total revenue rising by 14.8% to $176.6 million. The company also achieved a remarkable 182.9% increase in net earnings, reaching $21.3 million, underscoring Cargojet’s resilience and efficiency in a competitive market.

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AirAsia Takes Delivery of A321neo

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AirAsia (Malaysia) has expanded its fleet with the delivery of a new Airbus A321neo, serial 12225, under a lease agreement. The aircraft is powered by advanced LEAP-1A32 engines, ensuring operational efficiency and lower emissions, aligning with AirAsia’s commitment to sustainable aviation practices.

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Kyrgyzstan Introduces Moratorium on Airline Certification to Enhance Aviation Standards

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In a move to elevate aviation standards, Kyrgyz President Sadyr Japarov has signed a decree introducing a moratorium on the registration and issuance of operator certificates for new airlines. This decision aims to strengthen Kyrgyzstan’s national aviation system, bringing it in line with international safety and operational requirements. By temporarily halting new certifications, the government…

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Airbus Negotiates Daher Acquisition in Aerostructures

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Airbus has initiated negotiations with Daher, a French aerospace company, for the potential acquisition of aerostructures subassembly activities related to the A320 family near Nantes, France. This move aligns with Airbus’s strategy to streamline its supply chain and strengthen its position in the aerostructures market.

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FedEx Express Adds B767-300F to Fleet

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FedEx Express, a global leader in logistics and express transportation, has expanded its fleet with the delivery of a B767-300F, serial 67539, powered by CF6-80C2B6F engines. This addition underscores the company’s dedication to maintaining a modern and efficient fleet to support its global operations.

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Norse Atlantic Airways Raises $8.7 Million via Private Placement

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Norse Atlantic Airways, a Norway-based long-haul low-cost carrier, has successfully raised $8.7 million in gross proceeds through a private placement. The placement involved the issuance of 19.2 million new shares, directed towards B T Larsen & Co (Cyprus). The capital increase has been formally registered, marking a key step in bolstering the airline’s financial stability and funding future operational goals.