| | | | |

CDB Aviation Leases Two Boeing 737 MAX 8s to Ethiopian Airlines

ByAdmin

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd., has announced the signing of lease agreements with Ethiopian Airlines for two Boeing 737 MAX 8 aircraft, further strengthening the African flag carrier’s position as a regional leader in fleet modernization and connectivity.

Please SUBSCRIBE to view the full content.
First month of membership is free!

Similar Posts

| | |

Spirit Airlines Prepares for Bankruptcy Filing Following Failed Merger Talks

ByAdmin

Spirit Airlines is reportedly preparing to file for bankruptcy protection within the coming weeks following the breakdown of merger negotiations with Frontier Airlines. The airline is engaged in advanced discussions with bondholders to develop a bankruptcy plan expected to gain majority support from creditors. This decision underscores Spirit’s need for financial restructuring as it faces operational and market challenges, heightened by…

| | | | |

Korean Air Eyes Freighter Renewal With 777-8F Order

ByAdmin

Korean Air has taken a major step in reshaping its cargo operations by signing an agreement with Boeing for the purchase of eight new 777-8F freighters. The deal underscores the carrier’s strategy to balance both fleet renewal and growth, ensuring that it remains competitive in the global cargo market as demand patterns evolve.

| |

Transat AT Reaches Debt Restructuring Agreement

ByAdmin

Transat AT, a Canadian leisure airline and tour operator, has entered into an agreement in principle with the Canada Enterprise Emergency Funding Corporation (CEEFC) to restructure the significant debt it incurred during the COVID-19 pandemic. The debt was provided under the Large Enterprise Emergency Funding Facility (LEEFF)program, which was launched to assist major Canadian companies affected by the crisis.

| | | | |

Myanmar Airways International Adds A319 Serial 3983

ByAdmin

Myanmar Airways International (MAI) has expanded its narrowbody fleet with the delivery of one Airbus A319, bearing manufacturer serial number 3983. The aircraft is powered by CFM56-5B6/3 engines, a widely used and proven engine model known for its reliability and efficiency in short- to medium-haul operations.