China Express Airlines has expanded its fleet with the delivery of a new ARJ21-700, identified by serial number 10168. The aircraft is powered by CF34-10A engines, marking another milestone in the airline’s fleet expansion and modernization strategy.
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El Al, Israel’s flagship airline, has officially withdrawn its bid to acquire a 45% stake in Isracard, the country’s largest credit card company, citing challenges in meeting the regulatory and acquisition requirements before the October 31, 2024, deadline. This retraction marks a strategic shift for El Al, which had initially sought the acquisition to diversify…
Tianjin Air Cargo (China) has expanded its fleet with the delivery of a Boeing 737-800, identified by serial number 34707. The aircraft, leased for operations, is powered by CFM56-7B26 engines, providing reliability and efficiency.
Mont Gabaon Airlines (Democratic Republic of Congo) is poised to expand its fleet with the imminent delivery of a Boeing B737-500. This addition underscores the airline’s efforts to enhance its operational capacity and regional connectivity.
Hainan Airlines Holding Co., based in China, has announced plans to acquire 40 COMAC ARJ21-700 aircraft in a deal valued up to $1.5 billion. These aircraft are intended for Urumqi Air, a Hainan Airlines subsidiary, with deliveries spanning from 2025 through 2032. The ARJ21-700, developed by COMAC (Commercial Aircraft Corporation of China), is a regional jet well-suited for domestic routes, particularly in less…
Rise Air, a Canadian regional carrier, is set to enhance its fleet with the addition of three ATR72-600 aircraft, each equipped with PW127XT engines. The first ATR72-600 is on firm order with ATR, the aircraft manufacturer, and is expected to be delivered by the end of 2025. Rise Air also plans to lease two additional ATR72-600s, scheduled for delivery…
TAROM, Romania’s national airline, has announced its 2023 financial results, reporting a net loss of $18.7 million. Despite the loss, TAROM experienced a 21.7% increase in total revenues, reaching $384 million. The airline’s revenue growth reflects a recovery in travel demand; however, financial challenges persist as TAROM continues to work toward sustainable profitability.
