Lufthansa Group has signed an agreement to acquire a 10% convertible share in airBaltic for a subscription price of €14 million. This strategic move grants Lufthansa a seat on airBaltic’s Board and positions the group for future equity participation in the Latvian carrier.
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Gulf Air, the national carrier of Bahrain, has finalized an agreement with Boeing for the purchase of 12 B787 aircraft, with options for six additional units. This significant order represents a continued commitment by Gulf Air to expand and modernize its widebody fleet in support of long-haul growth strategies.
Smartwings, a Czech carrier, has expanded its capacity with the delivery of an Airbus A320, serial 3641, acquired on wet lease from SmartLynx. The aircraft is powered by V2527-A5 engines, known for their robust performance and fuel efficiency.
Foreign airlines operating in Israel have formally requested an amendment to the Aviation Services Law to address operational challenges caused by the ongoing conflict in the region. In a letter to the Knesset Economic Affairs Committee’s legal advisor, representatives of these airlines emphasized the need for legal adjustments to mitigate the impact of service disruptions and ensure passenger rights…
American Eagle (US) has taken delivery of a new Embraer E175, identified by serial number 17000977. The aircraft is powered by CF34-8E5 engines, offering exceptional performance and efficiency for regional operations.
LOT Polish Airlines has made a bold move to modernize and consolidate its regional fleet by placing a firm order for 40 Airbus A220 aircraft, comprising 20 A220-100 and 20 A220-300 variants. In addition to the firm order, the airline has secured options for 44 more aircraft, giving it substantial flexibility for future growth. All the ordered aircraft will be powered by Pratt &…
JAL Group, parent of Japan Airlines, has released its financial results for the fiscal year ending March 31, 2025, showcasing solid performance driven by recovering international demand and robust domestic operations. The group reported revenue of $12.7 billion, up 12% year-over-year.
