China Eastern Airlines has announced a new nonstop route connecting Harbin and Seoul Incheon, set to begin on 27 December 2024. The flights will be operated by the airline’s Airbus A320, enhancing connectivity between northeastern China and South Korea.
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Lufthansa Technik (Germany) and Hebei Airlines (China) have strengthened their long-term cooperation with a comprehensive Engine Maintenance Services contract focused on CFM56-7B engines used in the airline’s Boeing 737-800 fleet. This agreement reinforces Lufthansa Technik’s role as a key MRO provider for Chinese carriers, ensuring high operational reliability and cost-efficient maintenance solutions.
Riyadh Air, the emerging Saudi Arabian airline wholly owned by the Public Investment Fund (PIF), has successfully secured its inaugural Islamic Revolving Credit Facility totaling SAR 5 billion. This financial arrangement comprises a SAR 3 billion revolving credit facility, complemented by a committed accordion option for an additional SAR 2 billion. The one-year, unsecured financing…
Electra Airways, a Bulgarian airline specializing in ACMI and charter operations, has announced its ambitious plans to expand its fleet in the coming years. The airline aims to grow its fleet to 12 narrowbody Airbus A320 family aircraft by 2025, with further expansion to 15 aircraft by 2026.
flyadeal, the Saudi low-cost carrier and subsidiary of Saudi Arabian Airlines (Saudia), has taken delivery of two Airbus A320 aircraft on wet lease from Cebu Pacific of the Philippines. The aircraft, identified by manufacturer serial numbers (MSNs) 5515 and 5179, are powered by CFM International CFM56-5B4/3 engines.
China Eastern Airlines, one of the major carriers in Asia, has reported a substantial decrease in its net loss for the year 2024. The airline’s net loss was recorded at US$578 million, which represents a reduction of almost 50% from the previous year’s figures.
Shanghai Airlines (China) has announced the launch of a new route connecting Shanghai Pudong to Casablanca, starting on January 19, 2025. This service will be operated using the modern and efficient Boeing 787-9 Dreamliner.
