GetJet Airlines to Develop State-of-the-Art MRO Facility at Vilnius International Airport

ByAdmin 27/03/202531/03/2025

GetJet Airlines, a leading ACMI service provider based in Lithuania, has announced the acquisition of a long-term land lease at Vilnius International Airport (VNO) through an auction organized by Lithuanian Airports. The airline has obtained the rights to develop a 4,664-square-meter plot for a period of 40 years, where it plans to construct a state-of-the-art Maintenance, Repair, and Overhaul (MRO) facility.

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Airbus | Airlines | Fleet | Sale

Air Madagascar Sells Airbus A340-300s and Madagascar Airlines Expands ATR Fleet

ByAdmin 04/02/202505/02/2025

Air Madagascar has sold two stored Airbus A340-300 aircraft, with serial numbers 319 and 210, to a Chinese company for US$2 million. This sale is part of the airline’s strategy to reduce its debt burden.

Japan Airlines Takes Delivery of First A350-1000

ByAdmin 08/12/202410/12/2024

Japan Airlines (JAL) has expanded its fleet with the delivery of its first Airbus A350-1000, bearing serial number 683. The aircraft is powered by Rolls-Royce Trent XWB-97 engines, known for their fuel efficiency and advanced performance capabilities. This delivery is part of a larger order for 13 A350-1000 aircraft, scheduled to arrive within the current fiscal year.

Airlines | Investor | Partnership

Air Belgium Considers Investment Offers, Focus Remains on Cargo and Passenger Units

ByAdmin 12/11/202413/11/2024

Air Belgium is currently in discussions with five potential investors as it seeks financial support to strengthen its operations. Among these, three investors have shown significant interest, yet none are inclined to acquire both the cargo and passenger units of the airline. This situation places Air Belgium in a unique position, as it will need to assess whether…

Airbus | Airlines | Corporation | Part Out | Transactions

TDA Acquires ex-easyJet A319 for Part-Out at Willis Aviation

ByAdmin 16/10/202416/10/2024

TDA (Trade and Distribution Amsterdam), a Netherlands-based aviation asset management company, has acquired an Airbus A319, serial number 2812, G-EZAW, previously operated by easyJet.

Airlines | Management | Partnership

JetBlue CEO Joanna Geraghty Explores New Domestic Partnerships

ByAdmin 30/01/202531/01/2025

JetBlue CEO Joanna Geraghty has revealed that the airline is currently in discussions with multiple carriers regarding potential partnerships, with a particular focus on a domestic collaboration. Geraghty emphasized that these talks align with JetBlue’s strategy to expand connectivity and enhance its market position in the U.S. aviation sector.

Magnetic Leasing Acquires CFM56-7B Engine for Rebuild and Leasing

ByAdmin 30/10/202401/11/2024

Magnetic Leasing, an Estonian company specializing in aviation assets, has acquired a CFM56-7B engine from its new trading partner, 3TOP Aviation Services, based in the United States. This acquisition aligns with Magnetic Leasing’s strategy of building a robust portfolio of rebuilt engines to meet increasing demand from airlines and leasing firms. The CFM56-7B, known for…