China Southern has expanded its fleet with the delivery of two A321neo aircraft, serial numbers 12584 and 12604, both powered by LEAP-1A32 engines. These additions align with the airline’s strategy to modernize its narrowbody fleet and enhance its operational capacity on busy domestic and regional routes.
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Air Busan, a South Korean airline, has released its 3Q 2024 financial results, reporting an 8.6% increase in sales, which reached $178 million. However, the airline saw a decline in operating profit, down 13.3% to $26.6 million for the quarter. The mixed results indicate strong revenue growth but also highlight challenges in maintaining profitability amid fluctuating operating costs and market pressures.
TAP Air Portugal has entered into a wet lease agreement for an Airbus A320, bearing serial number 4384, with Airhub Malta to support increased travel demand during the summer 2025 season. The aircraft will operate flights from Lisbon to key destinations including Paris-Orly, Madrid, and Barcelona.
Etihad Airways and Ethiopian Airlines have officially established a joint venture partnership, which encompasses a comprehensive codeshare agreement and the launch of new direct flights connecting Abu Dhabi, UAE, with Addis Ababa, Ethiopia, starting in the second half of 2025.
World Star Aviation (UK) has successfully delivered two CFM56-7B engines on lease to Turkish Airlines and Go2Sky (Slovakia), further strengthening its presence in the engine leasing market. Additionally, the company has novated a CFM56-5B engine lease to Croatia Airlines, ensuring continued support for airline fleet operations.
Azorra, a US-based aircraft lessor, has successfully closed a US$190 million financing agreement with Banco Nacional de Desenvolvimento Econômico e Social (BNDES) of Brazil. This significant facility will fund the acquisition of up to eight Embraer E2 jets, further solidifying Azorra’s commitment to fleet expansion and modernization. This financing marks the first-ever collaboration between BNDES and ITASCA MGA, a UK-based financial…
World2Fly, a Spanish airline, has announced the launch of three new routes set to begin in June 2025, enhancing connectivity from Madrid and Lisbon to popular long-haul destinations. The new routes will connect these European cities with La Romana in the Dominican Republic, Mauritius in the Indian Ocean, and Montego Bay in Jamaica. This expansion aligns with World2Fly’s strategy to strengthen its presence in the leisure travel market,…
