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Frontier Airlines Secures Financing for Nine A321neo Aircraft with Avolon

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Frontier Airlines, a US-based low-cost carrier, has arranged to finance nine A321neo aircraft through a sale/leaseback agreement with Avolon (Ireland). Under the terms of the deal, the lease will span 12 years, with an option to extend for an additional two years, offering Frontier flexibility in fleet management and long-term operational planning.

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Turkish Airlines Denied Request for Additional Flights to Canada

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Turkish Airlines (THY) has had its request to operate five additional weekly flights to Canada from April 1, 2025, denied by Canadian authorities. The request, which sought extra-bilateral authority, was rejected as it would substantially modify the negotiated air service agreement outside of the formal renegotiation process.

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Spirit Airlines Expects Shareholder Wipeout Amid Restructuring

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Spirit Airlines, a prominent ultra-low-cost carrier in the United States, has announced that it still expects shareholders will be wiped out as the airline progresses with its restructuring deal. The plan includes transferring control of the airline to its bondholders, marking a significant shift in its ownership structure.

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Juneyao Air Delays B787-9 Delivery Amid Trade Tensions

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Juneyao Air (China) has decided to delay the scheduled delivery of a Boeing 787-9 aircraft in response to rising geopolitical tensions and new tariff measures stemming from United States–China trade disputes. The deferral reflects a growing concern among Chinese carriers regarding financial exposure and operational unpredictability linked to international political developments.

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China Express Launches Tianjin–Khabarovsk Route

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China Express Airlines has expanded its international network by launching a new route connecting Tianjin, Jiamusi, and Khabarovsk, providing a direct link between China and Russia’s Far East. This new service began on October 29, 2024, and is operated three times a week using an Airbus A320. The addition aligns with China Express’s strategy to…