LATAM Brasil has taken delivery of a new Airbus A320neo, expanding its narrowbody fleet as part of its modernization and efficiency improvement strategy. The aircraft is identified by serial number 12538 and is powered by PW1127G-JM engines, a member of Pratt & Whitney’s advanced GTF engine family.
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Azul, a leading Brazilian airline, has completed a comprehensive debt restructuring plan, resulting in significant shifts in its ownership structure. The restructuring has led to a substantial reduction in the company’s debt by nearly $1.6 billion, as reported by Reuters.
Eurowings, the German low-cost subsidiary of Lufthansa Group, has taken delivery of an Airbus A320, serial number 3734, on wet lease from Avion Express Malta. The aircraft is powered by IAE V2527-A5 engines, a proven workhorse in the narrowbody segment known for reliability and cost efficiency.
Korean Air and Asiana Airlines are optimistic about receiving European Union (EU) regulatory approval for their merger by early November 2024.
Capital A, the parent company of AirAsia, is aiming to complete its Proposed Regularization and Restructuring Planby June 2025, marking a pivotal step in its post-pandemic recovery roadmap. The plan includes major financial and operational restructuring, with significant implications for the group’s airline subsidiaries and broader aviation assets.
WestJet, a prominent Canadian airline, is actively considering opportunities to sublease some of its Boeing 737-800BCF(Boeing Converted Freighter) aircraft. This strategic move aims to maximize the value and utilization of its freighter fleet amid fluctuating demand in cargo operations.
Air China, one of the leading carriers in mainland China, reported a first-quarter net loss of US$281 million, reflecting continued financial pressures across the Chinese aviation market. The airline’s total revenues for Q1 2025 held steady at US$5.4 billion, showing no significant growth compared to the same period last year.
