China Southern Adds A319 with LEAP-1A26 Engines

ByAdmin 03/01/202507/01/2025

China Southern Airlines has expanded its fleet with the delivery of a new Airbus A319, featuring serial number 12195. This aircraft is powered by efficient LEAP-1A26 engines, developed by CFM International, offering superior fuel efficiency and reduced emissions.

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Airlines | ATR | Wet Lease

Avianca to Wet Lease ATR72-600s from Clic for Domestic Routes

ByAdmin 23/11/202426/11/2024

Avianca (Colombia) has announced plans to wet lease multiple ATR72-600s from Clic (Colombia) to support its domestic operations. The aircraft will begin service in November 2024, focusing on regional routes within Colombia.

Airlines | Financial

JetBlue Updates 2024 Revenue and CASM Guidance

ByAdmin 06/12/202409/12/2024

JetBlue Airways, a prominent US-based low-cost carrier, has revised its 2024 financial guidance, signaling adjustments in both revenue expectations and cost metrics. The airline now anticipates a 3.5% to 4.5% decline in revenue for the fiscal year, an improvement from its initial projection of a 4% to 5% drop. Concurrently, the Cost per Available Seat Mile (CASM) excluding fuel is expected…

Airlines | Legal

American Airlines Reaches Tentative Settlement with Sabre

ByAdmin 22/11/202425/11/2024

American Airlines (US) and Sabre (US) have reached a tentative settlement in their high-profile legal battle over $139 million in legal fees incurred by American Airlines after a 2022 trial. The airline had previously been awarded just $1 in damages, leading to a prolonged dispute over the recovery of associated legal expenses. The specific terms of the settlement remain undisclosed, according to…

Airbus | Boeing | Corporation | Transactions

SkyWorks Oversees Sale of Five Leased Aircraft with ATLAS SP Partners

ByAdmin 16/10/202416/10/2024

SkyWorks Holdings, a US-based aviation asset management firm, has been appointed as the servicer for the sale of five aircraft, comprising models from the A330, B787, B737, and A320 families.

Airlines | Delivery | Embraer | General Electric | Wet Lease

Airnorth Takes Delivery of E190 on Wet Lease

ByAdmin 11/12/202412/12/2024

Airnorth (Australia) has strengthened its fleet with the delivery of an Embraer E190, serial 19000020, under a wet lease agreement with Alliance Airlines (Australia). The aircraft is powered by CF34-10E5 engines, delivering enhanced performance and efficiency for regional operations.

Airlines | Legal

IAG Settles $132M Compensation to Air Europa for Canceled Acquisition

ByAdmin 14/11/202418/11/2024

IAG (International Airlines Group), headquartered in the United Kingdom, has finalized a $132 million compensation payment to Air Europa, the Spanish airline, for the canceled acquisition deal. The settlement concludes IAG’s financial obligations to Air Europa, following its decision not to proceed with the purchase. The payment reflects a negotiated agreement to resolve outstanding claims related to…

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