Heston Airlines, a Lithuanian ACMI and charter operator, has announced a wet lease agreement with Nesma Airlines, an Egyptian carrier, for one Airbus A320 during the February to April 2025 period. The aircraft, serial number 3596, will be leased under an ACMI arrangement, covering aircraft, crew, maintenance, and insurance.
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In a landmark agreement within Russian aviation, Aeroflot and I Fly are reportedly finalizing a wet lease arrangement for three Airbus A330 aircraft. This deal, the first of its kind in Russia, signals a shift toward greater collaboration between domestic airlines in the region. The wet lease, which includes the provision of crew, maintenance, and insurance by I Fly, is expected to facilitate Aeroflot’s…
Air India has finalized its comprehensive aircraft order with Airbus, comprising a total of 350 aircraft. The order includes 210 A321neo, 90 A320neo, 25 A350-900, and 25 A350-1000 models. As part of this agreement, six A350-900s have already been delivered, marking a significant milestone in Air India’s ongoing fleet modernization strategy.
Global Crossing Airlines has released its preliminary financial projections for the fourth quarter and fiscal year ending December 31, 2024. The company anticipates Q4 2024 revenue to be between $55 million and $61 million, with an EBITDA ranging from $2 million to $5 million.
SriLankan Airlines CEO Richard Nuttall is exploring refinancing options to restructure the airline’s debt, which would serve as a preliminary step before any A330 fleet renewal. The carrier is also considering doubling its total fleet size to 50 aircraft, signaling a potential long-term expansion strategy.
Qatar Airways has strengthened its long-haul fleet with the addition of two new Boeing 787-9 Dreamliners, registered as A7-BHU and A7-BHV, both powered by General Electric GEnx-1B74/75 engines. The expansion aligns with the airline’s continued fleet modernization efforts and strategic growth into high-demand international markets.
DAN AIR, a Romanian airline, has become the latest member of the International Air Transport Association (IATA), joining an organization that represents over 290 airlines worldwide. By becoming a part of IATA, DAN AIR aligns itself with global industry standards and gains access to a network that promotes safety, security, and efficiency across the aviation sector….
