Jet2 Takes Delivery of New A321neo

ByAdmin 08/12/202410/12/2024

Jet2, a prominent leisure airline in the UK, has expanded its fleet with the addition of a new Airbus A321neo, bearing serial number 12127. This latest delivery is part of Jet2’s ongoing efforts to modernize its fleet and enhance operational efficiency. The aircraft is powered by LEAP-1A32 engines, renowned for their superior fuel efficiency and environmental performance.

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Airlines | Financial | Management

AirAsia X Enhances Transparency with Introduction of Internal Financial Targets

ByAdmin 24/02/202503/03/2025

In a move to bolster transparency and accountability, AirAsia X (AAX) has announced the implementation of internal financial targets as part of its regular financial disclosures. This strategic initiative is designed to offer investors and stakeholders enhanced clarity regarding the airline’s financial health and operational objectives.

Airlines | Management

Jazeera Airways Assures $236 Million Balloon Case Ruling Will Not Impact Finances

ByAdmin 13/03/202516/03/2025

Jazeera Airways (Kuwait) Chairman Marwan Boodai has clarified that the $236 million ruling in favor of the Ministry of Defense in the balloon case will not have any financial impact on the airline, as the liability is fully covered by insurance.

Airlines | AOC | Corporation | Crisis

Fly Gangwon Exits Judicial Oversight, Rebrands as Parata Air Under New Ownership

ByAdmin 21/10/202422/10/2024

Fly Gangwon, a low-cost carrier based in Yangyang, Korea, has officially exited its judicial rehabilitation process after 16 months of financial restructuring.

Airlines | Management

American Airlines Found in Violation of Federal Law Over ESG Retirement Plans

ByAdmin 14/01/202514/01/2025

American Airlines (US) has been found to have violated federal law by allocating employee retirement funds to investment companies that offer Environmental, Social, and Governance (ESG) products, according to a recent court ruling. The decision marks a significant victory for critics of ESG-focused investment strategies, who argue that such practices prioritize progressive ideologies over financial returns.

Airlines | Cancellation | Network

Edelweiss to End Zurich-Havana Route in February 2025

ByAdmin 08/01/202512/01/2025

Edelweiss (Switzerland) has announced that it will discontinue its Zurich-Havana route, effective February 27, 2025. The decision comes in response to low passenger demand and ongoing operational challenges at Havana’s airport.

Airbus | Airlines | CFM International | Delivery | Wet Lease

Air Transat Receives A320 on Wet Lease

ByAdmin 14/12/202417/12/2024

Air Transat, a Canadian airline, has taken delivery of an Airbus A320 on wet lease from Smartwings, a carrier based in Czechia. The aircraft, identified by serial number 3762, is powered by CFM56-5B4 engines, a popular and reliable choice for narrow-body aircraft.

Airlines | Financial | Management

Airlines | Management

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