Delta Air Lines has received a new Airbus A321neo, serial number 12526, powered by Pratt & Whitney PW1133G-JM engines. This delivery supports Delta’s ongoing efforts to modernize its narrowbody fleet and enhance fuel efficiency across its domestic network.
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Air France has taken delivery of a new Airbus A220-300, serial number 55304, powered by Pratt & Whitney’s advanced PW1521G-3 engines. This addition to Air France’s fleet is part of a broader strategy to modernize its narrow-body fleet, enhancing fuel efficiency and reducing environmental impact on regional and European routes.
SpiceJet, one of India’s prominent low-cost carriers, has announced plans to commence seaplane operations in 2025, offering flights on 20 routes across India. Key destinations include Lakshadweep, Hyderabad, Guwahati, and Shillong, with the seaplane service designed to enhance connectivity to remote and water-bound regions. This initiative marks a unique expansion for SpiceJet as it taps into the seaplane sector, aiming to provide travelers with…
T’way Air, a South Korean low-cost carrier, is at the center of strategic business developments as its shareholder, the Daemyung Sono Group, moves to acquire management rights of the airline. This ambitious step could potentially lead to significant changes in South Korea’s aviation landscape.
Minority shareholders of T’way Air (South Korea) have begun legal and financial action, alleging violations of their shareholder rights amid the airline’s merger and acquisition agreement involving major stakeholders Yelimdang and Daemyung Sono Group. The dispute highlights growing concerns over transparency and fair treatment in corporate governance during ownership transitions.
Two former executives of Thai Airways International, Phrit Bupphakham and Poonsak Chumchuai, have been found guilty by corruption regulators for their involvement in the illegal approval of landing fees. The misconduct resulted in total damages of US$2 million to the airline.
MUFG, a leading Japanese financial group, has completed a $106 million finance lease transaction with IndiGo, India’s largest airline by market share. The agreement spans 12 years and is secured by two brand-new Airbus A321neoaircraft. This long-term lease reflects continued confidence in IndiGo’s growth trajectory and underscores the strategic role of finance leasing in supporting fleet modernization.
