Korean Air has confirmed that four out of its ten Airbus A220-300s have been grounded due to ongoing engine-related issues, which are expected to impact its domestic operations during summer 2025. The affected aircraft include serial numbers 55022, 55049, 55019, and 55031.
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Uzbekistan Airways has announced plans to launch seasonal flights connecting Tashkent to New York JFK Airport, with operations scheduled from 30 March to 23 October 2025. The route will be served by the Boeing 787-8 Dreamliner, known for its fuel efficiency and passenger comfort.
Finnair has announced its financial results for Q4 2024, reporting a 7.7% increase in revenue to $812.1 million. Despite the revenue growth, the company posted a net loss of $8.7 million for the quarter.
Fly2Sky, a Bulgarian airline, has taken delivery of an A320, serial number 3570, through a wet lease agreement with Aerovista (UAE). The aircraft, powered by V2527E-A5 engines, adds to Fly2Sky’s operational capacity, allowing it to serve increased demand effectively.
Avelo Airlines has initiated a strategic financial initiative by appointing Jefferies, a leading global investment banking firm, to assist in raising between $75 million and $100 million. The capital raise is aimed at fueling the airline’s growth plans and strengthening its financial position amid a competitive and cost-sensitive environment.
Doric Nimrod Air Two, a UK-based aircraft leasing fund, has announced the successful sale of three Airbus A380aircraft, specifically serial numbers 105, 106, and 107. The proceeds from these sales will be distributed to the fund’s shareholders, aligning with Doric Nimrod’s strategic plan to gradually monetize its A380 assets as market conditions evolve. This sale highlights the fund’s commitment…
Transavia, the Dutch low-cost subsidiary of Air France-KLM, has taken delivery of one Airbus A320neo under a wet lease arrangement with Avion Express, a Lithuanian ACMI operator. The aircraft is identified by serial number 4448 and is powered by CFM56-5B4/3 engines, a configuration that is atypical for the A320neo, which is usually equipped with either LEAP-1A or PW1100G-JM engines.
