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Former SriLankan Airlines CEO Faces US Sanctions Over Bribery

ByAdmin

Kapila Chandrasena, the former CEO of SriLankan Airlines, has been sanctioned by the United States for his involvement in a bribery scheme that led to the airline purchasing Airbus aircraft at inflated prices. This development marks a significant escalation in the ongoing scrutiny of corruption in international aviation procurement.

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SkyWest Expands Fleet with CRJ550 and E175 Aircraft Under United Airlines Partnership

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SkyWest Airlines, a regional U.S. carrier, has entered a multi-year agreement with United Airlines to bolster its fleet with 40 CRJ550 aircraft. This deal includes SkyWest acquiring 11 used CRJ550s and converting 29 of its existing CRJ700s to the CRJ550 configuration, an industry-first regional jet model tailored to provide a spacious, enhanced passenger experience. Additionally,…

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Aeroflot Group Reports $618 Million Net Profit in 2024 on $9.6 Billion Revenue

ByAdmin

Aeroflot Group (Russia) has announced a net profit of $618 million for the 2024 financial year, with total revenue reaching $9.6 billion. The results highlight Aeroflot’s strong financial rebound, driven by revenue growth, fleet optimization, and sustained passenger demand.

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China Southern Takes Delivery of Airbus A321neo

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China Southern has officially taken delivery of a new Airbus A321neo aircraft, further expanding its modern fleet with one of the most efficient narrow-body jets on the market. The aircraft, an A321-251NX variant bearing manufacturer serial number 12603, was delivered by Airbus to support the airline’s growth in regional and domestic markets.

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Oman Air Cargo Sells B737‑800F Amid Widebody Restructuring

ByAdmin

Oman Air Cargo is undergoing a strategic fleet restructuring, moving from an insourced freighter model to an outsourced one. Under this plan, the airline is slimming its fleet to a single widebody type and has already sold a Boeing 737‑800F, serial 35108.

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EFW Redelivers First A330-200P2F To Air Lease For Awesome Cargo

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EFW (Germany), the specialist in passenger-to-freighter conversions, has redelivered the first of three A330-200P2F aircraft to Air Lease (US). This aircraft will be operated by Awesome Cargo (Mexico), expanding the carrier’s capacity for cargo transport.

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Arik Air Shareholders Dispute AMCON’s Debt Claims

ByAdmin

Arik Air, one of Nigeria’s prominent airlines, has publicly denied claims made by the Asset Management Corporation of Nigeria (AMCON) regarding an alleged debt of $292 million owed to the corporation. The shareholders’ statement comes just two days after AMCON announced that liquidation of the airline remains a possible option.