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LATAM Brasil Adds A320neo with PW1127G-JM Engines

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LATAM Airlines Brasil has expanded its fleet with the delivery of a new Airbus A320neo, featuring serial number 12371. The aircraft is equipped with PW1127G-JM engines, manufactured by Pratt & Whitney, renowned for their exceptional fuel efficiency and reduced emissions.

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Southwest Airlines Raises 4Q 2024 Revenue Guidance

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Southwest Airlines, one of the largest low-cost carriers in the United States, has revised its financial outlook for the fourth quarter of 2024, increasing its guidance for unit revenues. The airline now expects unit revenues to rise between 5.5% and 7%, a significant improvement driven by strong demand and optimized capacity.

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Hyundai Glovis to Review Acquisition Rights for Air Incheon Amid Operational Improvements

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Hyundai Glovis, a major shareholder in South Korea’s Air Incheon, is set to evaluate its preemptive acquisition rights for the airline. This decision will be made based on Air Incheon’s advancements in operational improvements, the profitability of Asiana Cargo, and planned aircraft replacements, all of which are key indicators of the airline’s future potential and…

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Portugalia and TAP’s Former CEO Cited by Portuguese Court of Auditors for Contract Non-Compliance

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The Portuguese Court of Auditors has identified non-compliance by Portugalia Airlines concerning the requirement for prior inspection on two amendments to an ACMI (Aircraft, Crew, Maintenance, and Insurance) contract. The Court determined that Portugalia, a subsidiary of TAP Air Portugal, neglected to follow procedural compliance by omitting required inspections before implementing contract modifications. Accountability for…

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Aerolineas Argentinas to Retire Boeing 737-700 Fleet Starting January 2025

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Aerolineas Argentinas has announced plans to retire a significant portion of its Boeing 737-700 fleet starting in January 2025, with the process expected to span 12 months. This decision comes as several leasing contracts for these aircraft approach their expiration. The retirement plan will impact multiple 737-700s, marking a shift in Aerolineas Argentinas’ fleet strategy as the airline looks…

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Cambodia Angkor Air to Add Three ATR72-600s, Rebranding as Air Cambodia

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ATR has confirmed the addition of three ATR72-600 aircraft to the fleet of Cambodia Angkor Air, which will officially rebrand as Air Cambodia on January 1, 2025. These aircraft, financed by HNCA Aviation Financial Leasing Co. (China), are part of a leasing agreement, with deliveries scheduled throughout 2025.