Fly Gangwon, a low-cost carrier based in Yangyang, Korea, has officially exited its judicial rehabilitation process after 16 months of financial restructuring.
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Vueling, the Spanish low-cost subsidiary of the International Airlines Group (IAG), has received an Airbus A320neo, bearing serial number 11569, powered by LEAP-1A26 engines from CFM International. This latest delivery supports the airline’s ongoing strategy to reduce emissions and operating costs across its European network.
Airborne Global Leasing (US) has successfully delivered a Boeing 767-300 converted freighter, identified by serial number 25451, to CAMEX Airlines (Georgia). The delivery is part of a long-term lease agreement, further strengthening CAMEX’s freighter fleet.
Ryanair (Ireland) has revealed its forecast for European flight operations, stating that its overall offering is expected to remain largely unchanged until 2027. However, the carrier has announced plans to reduce capacity into Germany, citing the impact of elevated taxes and fees on its operations.
MTU Aero Engines (Germany) has released its 2024 financial results, showing an 18% increase in adjusted revenue to $7.8 billion, fueled by robust demand in commercial and military aviation sectors. The company also reported a 29% rise in net income, reaching $798 million, reflecting higher engine deliveries and aftermarket services growth.
7 Air, a U.S.-based cargo carrier, has announced plans to expand its freighter fleet by acquiring three additional B737-800F aircraft by the end of 2025. The move aligns with the airline’s strategy to scale operations in response to rising demand for e-commerce and regional cargo logistics.
Etihad Airways, the national carrier of the United Arab Emirates, has signed a codeshare agreement with SKY express, a growing regional airline based in Greece. The partnership aims to significantly expand Etihad’s reach in the Eastern Mediterranean, granting its passengers access to 24 Greek island destinations and three additional cities in the region through seamless connections via Athens International Airport.
