GOL Signs Sale-Leaseback Deal for Three Boeing 737 MAX 8 Aircraft

ByAdmin 09/12/202411/12/2024

GOL Linhas Aéreas Inteligentes (Brazil) has entered into two sale-leaseback agreements with SKY Aero Management (Ireland) for three Boeing 737 MAX 8 aircraft. This strategic move is part of GOL’s fleet optimization and financing strategy, leveraging sale-leaseback arrangements to maintain operational flexibility and liquidity.

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Airbus | Airlines | Lessor | Sale

Spirit Airlines to Finalize Sale of 23 Aircraft to GA Telesis

ByAdmin 18/12/202423/12/2024

Spirit Airlines, a prominent low-cost carrier in the United States, has received approval from the US Bankruptcy Courtto complete the sale of 23 Airbus aircraft, comprising A320 and A321 models, to GA Telesis (GAT), a leading aviation solutions company. This transaction marks a significant development in Spirit Airlines’ restructuring efforts.

Airlines | Financial | Flag Carrier | Quarterly Performance

TAP Air Portugal’s Q3 2024 Profit Declines Amid Rising Costs

ByAdmin 19/11/202420/11/2024

TAP Air Portugal has reported a 35% decrease in net profit for the third quarter of 2024, totaling $124.1 million. This decline comes despite a 2% increase in operating revenues, which reached $1.35 billion during the same period.

Airlines | Interior | Traffic

Air New Zealand Reports Capacity and Passenger Declines for October 2024

ByAdmin 04/12/202405/12/2024

Air New Zealand reported a 2.1% reduction in capacity for October 2024 compared to the same period last year, attributing the decline to maintenance requirements, parts shortages, and an ongoing cabin upgrade program.

Airlines | Boeing | Fleet | Freighter Conversion

Chisholm Enterprises Expands B737-800BCF Fleet in 2025

ByAdmin 23/12/202423/12/2024

Chisholm Enterprises, headquartered in Bahrain, has confirmed its intention to expand its fleet of Boeing 737-800BCF (Boeing Converted Freighters) in 2025. This growth strategy includes the addition of two or three aircraft specifically for its subsidiary, Texel Air Australasia, based in New Zealand.

Raya Airways Launches Penang–Hong Kong Cargo Route

ByAdmin 30/10/202401/11/2024

Raya Airways has launched a new cargo service connecting Penang International Airport and Hong Kong, with the inaugural flight taking off on October 28, 2024. This service will run five times per week, utilizing A321-200(PCF) freighter aircraft to meet the high demand for express freight across Southeast Asia. The Penang-Hong Kong route is part of…

Airlines | Management

Southwest Airlines Announces Leadership Retirements

ByAdmin 12/01/202514/01/2025

Southwest Airlines (US) has announced significant leadership changes with the upcoming retirements of Executive Vice President (EVP) and Chief Financial Officer (CFO) Tammy Romo and Chief Administration Officer Linda Rutherford. Romo’s retirement will take effect on April 1, 2025, while Rutherford’s retirement timeline has not been specified.

Airbus | Airlines | Lessor | Sale

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