El Al (Israel) has secured a $120 million loan from a financing consortium led by Hapoalim (Israel) to fund the purchase of its 17th Boeing 787. This financing milestone reflects El Al’s continued commitment to modernizing its fleet with advanced and fuel-efficient aircraft.
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United Airlines, a major US carrier, has announced adjustments to its route network, including the discontinuation of its Los Angeles–Tulum route and the suspension of flights from Newark and Chicago during summer 2025. These changes reflect the airline’s efforts to streamline operations and optimize its network amid evolving market conditions.
Pegasus Airlines, a leading low-cost carrier in Turkiye, has expanded its fleet with the delivery of a new Airbus A321neo, identified by serial 12124. The aircraft is powered by LEAP-1A32 engines, known for their exceptional fuel efficiency and reliability.
Garuda Indonesia, the national flag carrier of Indonesia, has announced the appointment of Wamildan Tsani Panjaitanas its new Chief Executive Officer (CEO), succeeding Irfan Setiaputra. This leadership change marks a pivotal moment for the airline as it seeks to navigate the challenges of the aviation industry and strengthen its position in the regional and global markets.
Breeze Airways (US) has strengthened its fleet with the delivery of a new A220-300, identified by serial number 55313. The aircraft, leased and powered by PW1500G engines, represents a significant addition to the airline’s growing fleet.
StandardAero, a leading aerospace maintenance and repair organization (MRO) based in the US, has reported a 13.2% year-over-year increase in revenue for the third quarter (Q3) of 2024, reaching $1.24 billion. The company also posted a net income of $16.4 million, reflecting its ability to sustain profitability while managing operational growth. Capital expenditures (CapEx) during the quarter amounted to $25.3 million, while cash reserves…
Raya Airways has launched a new cargo service connecting Penang International Airport and Hong Kong, with the inaugural flight taking off on October 28, 2024. This service will run five times per week, utilizing A321-200(PCF) freighter aircraft to meet the high demand for express freight across Southeast Asia. The Penang-Hong Kong route is part of…
