GetJet Airlines (Lithuania) has announced its long-term strategy to prioritize aircraft purchases over dry leasing arrangements for the next 5-10 years. The airline intends to invest in newer Boeing and Airbus models when the timing aligns with market conditions.
Please SUBSCRIBE to view the full content.
Free trial available — 7 days on Monthly, 30 days on Annual!
Aegean Airlines has announced robust financial results for 2024, showcasing a consolidated revenue increase of 5% to $1.93 billion and net income of $141.3 million, underlining sustained growth in passenger demand and robust operational management.
Flair Airlines, a Canadian ultra-low-cost carrier, is facing a $30.9 million countersuit in Ontario from four Irish lessors— Columbia Lights Aviation, Corvus Lights Aviation, Mam Aircraft Leasing, and Airborne Capital. The legal action stems from alleged financial damages tied to lease terminations and the repossession of four Boeing 737 MAXaircraft.
British Airways is preparing to expand its fleet with the upcoming delivery of a new Airbus A320neo. The aircraft, carrying MSN 12735, is an A320-251N variant and will be powered by CFM International LEAP-1A26 engines. The aircraft is set in a single-class configuration with 180 economy seats, optimizing its capacity for short- and medium-haul routes across Europe.
Flyadeal, Saudi Arabia’s low-cost airline, is evaluating its options for introducing widebody aircraft into its fleet. CEO Steven Greenway has indicated that a decision will be made by the end of 2024. The airline is considering new Boeing 787 Dreamliners, new Airbus A330neos, or used B787-9s already available within the Saudia Group.
Air New Zealand is preparing for potential operational disruptions in 2H 2025, as it anticipates up to 11 aircraft being grounded at various points due to ongoing maintenance and supply chain constraints. To mitigate these issues, the airline is securing two additional leased engines, supplementing its previously announced two leased A321s, all expected to enter service before the end of the year.
ITA Airways Launches Rome Houston Nonstop Flights as the Italian flag carrier strengthens its transatlantic network with a strategic new route linking two major global cities.
