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Jetstar Takes Delivery of One A320neo

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Jetstar, the low-cost carrier based in Australia, has taken delivery of a new Airbus A320neo, identified by serial number 12229. The aircraft is powered by LEAP-1A26 engines, produced by CFM International, enhancing Jetstar’s fuel efficiency and operational performance.

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Wizz Air Reduces Aircraft Groundings Amid GTF Engine Inspections

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Wizz Air Holdings, based in Hungary, reported that as of September 30, 2024, it had 41 aircraft on the ground due to ongoing GTF engine-related inspections. This figure marks an improvement over the initial forecast for fiscal 2025, attributed to the expedited induction of quick-turn engines. Wizz Air anticipates an average of 40-45 grounded aircraft over the next 18 months as engine…

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Falko Reports 3Q 2024: Portfolio Grows to 266 Aircraft with Active Leasing and Sales

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Falko, a UK-based aircraft leasing and asset management company, reported a dynamic third quarter in 2024, showcasing significant portfolio activity. The company added 13 aircraft to its holdings, sold seven aircraft and one engine, and entered into Letters of Intent (LOIs) for the sale of two additional aircraft. Falko also demonstrated strong leasing activity, having leased out three aircraft and extended leases for 14…

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Kyrgyzstan Introduces Moratorium on Airline Certification to Enhance Aviation Standards

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In a move to elevate aviation standards, Kyrgyz President Sadyr Japarov has signed a decree introducing a moratorium on the registration and issuance of operator certificates for new airlines. This decision aims to strengthen Kyrgyzstan’s national aviation system, bringing it in line with international safety and operational requirements. By temporarily halting new certifications, the government…

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Ethiopian Airlines Minimally Affected by Currency Depreciation in 2024

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Ethiopian Airlines Group, Africa’s largest airline, has reported a minimal financial impact from the more than 50% depreciation of the Ethiopian birr in 2024. The airline attributes this resilience to its robust income from international operations, which has effectively offset the currency’s sharp decline.