Embraer has appointed Leandro Marc Pienaar as Business Development Director for the Southern Africa region, reinforcing the company’s strategic focus on expanding its Defense & Security footprint across the continent.
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Air Mauritius has announced the appointment of Kremchand Beegoo as its new chairman, leading the airline’s strategic direction. Alongside Beegoo, the company has introduced a new board comprising 13 members to support the airline’s governance and operational objectives. The reshuffling of the leadership comes during a pivotal time for Air Mauritius, as the carrier continues its recovery and…
Alliance Airlines (Australia) has announced a 9.5% increase in statutory profit before tax, reaching $26.2 million for 1H FY2024, while revenues rose by 11.3% to $211.6 million for the period ending 31 December 2024. The company also confirmed the appointment of James Jackson as chairman.
SpiceJet (India) has expanded its fleet with the addition of two B737-8 aircraft, further boosting its operational capabilities. The aircraft, with serials 65900 and 65186, are wet-leased from Corendon Airlines (Turkiye). Both aircraft are equipped with the LEAP-1B engines, known for their fuel efficiency and reliability.
Nordic Aviation Capital (Ireland) has finalized the sale of two ATR72-600 aircraft to fellow Irish-based lessor AviaAM Leasing, continuing a broader trend of portfolio realignments among regional aircraft leasing firms. The transaction further consolidates AviaAM’s presence in the turboprop leasing market and supports its growing customer base in regional operations.
Ryanair has reported a sharp decline in third-quarter profitability after setting aside a substantial provision related to an ongoing regulatory dispute in Italy, underscoring the financial impact of competition enforcement actions despite strong underlying operational performance.
Spirit Airlines, a prominent low-cost carrier in the United States, has received approval from the US Bankruptcy Courtto complete the sale of 23 Airbus aircraft, comprising A320 and A321 models, to GA Telesis (GAT), a leading aviation solutions company. This transaction marks a significant development in Spirit Airlines’ restructuring efforts.
