Embraer Secures Investment Grade Rating from Moody’s

ByAdmin 11/12/202412/12/2024

Embraer, a global leader in aerospace manufacturing, has achieved a significant milestone with Moody’s (US) awarding the company an Investment Grade rating. Moody’s has upgraded Embraer’s credit rating from Ba1 to Baa3, with a positive outlook, reflecting confidence in the company’s financial stability and growth prospects.

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Airlines | Financial | Flag Carrier

Aerolineas Argentinas Halves Subsidy Requirement in 2024

ByAdmin 02/01/202507/01/2025

Aerolineas Argentinas, the national carrier of Argentina, has reported a significant reduction in its reliance on government subsidies in 2024. The airline required only $64.2 million in subsidies, a substantial decline compared to the $128.4 million it needed in 2023. This development underscores ongoing efforts by the airline to enhance its operational efficiency and financial sustainability.

Airbus | Airlines | Fleet

World2Fly to Add Seventh Aircraft in March 2025

ByAdmin 24/01/202529/01/2025

World2Fly, a Spanish airline specializing in long-haul travel, has announced plans to expand its fleet with the addition of its seventh aircraft, an Airbus A330, in March 2025. This new addition is aimed at reinforcing the airline’s long-distance flight operations.

BBN Airlines Türkiye Offers A320s for Wet Lease Starting November 2024

ByAdmin 01/11/202404/11/2024

BBN Airlines Türkiye has announced the availability of two Airbus A320 aircraft for wet lease, or ACMI (Aircraft, Crew, Maintenance, and Insurance) operations, starting in November 2024. This offer presents an attractive solution for airlines and charter operators in need of additional capacity during high-demand periods or for covering seasonal route expansions.

Airbus | Airlines | Flag Carrier | Fleet

Icelandair’s Fleet Expansion Plans: A321LR And A321XLR Deliveries

ByAdmin 03/02/202504/02/2025

Icelandair is advancing its fleet modernization efforts with the planned addition of three Airbus A321LR aircraft, expected to be delivered before the summer of 2025. This initiative is part of the airline’s strategy to enhance operational efficiency and expand its route network.

VietJet Takes Two C909s On Wet Lease From Chengdu Airlines

ByAdmin 16/04/202517/04/2025

VietJet Air (Vietnam) has expanded its fleet with the wet lease of two COMAC ARJ21-700 (C909) aircraft from Chengdu Airlines (China). The aircraft, bearing serial numbers 196 and 185, are both powered by General Electric CF34-10A engines and mark a rare instance of a Vietnamese carrier operating Chinese-built commercial jets.

Airlines | Crisis | Financial

Spirit Airlines Cayman Units Expected to Join Bankruptcy Case

ByAdmin 26/11/202428/11/2024

Spirit Airlines (US) is expected to have its Cayman Islands subsidiaries file for bankruptcy as part of the parent company’s ongoing Chapter 11 case. The four units, which own specific intellectual property (IP), will join the restructuring process to streamline the airline’s financial and operational strategies.

Airlines | Financial | Flag Carrier

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