Lufthansa CEO to Meet Italian Economy Minister Over ITA Airways Stake Sale

ByAdmin 10/11/202413/11/2024

Lufthansa CEO Carsten Spohr and Italian Economy Minister Giancarlo Giorgetti are scheduled to meet this weekend to address a price dispute regarding the sale of a minority stake in ITA Airways, Italy’s national airline. This high-level meeting aims to overcome differences in valuation that have stalled Lufthansa’s acquisition of a stake in the airline, which the German carrier views as a strategic investment to expand its presence in the Italian market. The discussions are expected to cover valuation adjustments and terms to bridge the gap between the parties’ expectations.

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VietJet Air Adds A321neo with PW1133G-JM Engines

ByAdmin 06/01/202509/01/2025

VietJet Air, a leading low-cost carrier based in Vietnam, has taken delivery of a new Airbus A321neo, featuring serial number 12315. This state-of-the-art aircraft is equipped with PW1133G-JM engines, developed by Pratt & Whitney, which are recognized for their exceptional fuel efficiency and environmental benefits.

FlyKhiva to Begin Domestic Flights in Uzbekistan with Leased B757s

ByAdmin 12/11/202413/11/2024

FlyKhiva, an emerging airline based in Uzbekistan, is preparing to commence domestic operations from Tashkent to five major Uzbek cities in December 2024. To support this expansion, the carrier has secured two Boeing 757 aircraft on lease from Icelandair. These B757s will enable FlyKhiva to cover regional routes effectively, offering passengers enhanced connectivity within Uzbekistan. This move signals FlyKhiva’s intent to establish…

Airlines | Cancellation | Flag Carrier | Network

Air Montenegro Cancels Podgorica-Ostrava Route for Summer 2025

ByAdmin 29/01/202530/01/2025

Air Montenegro has announced that it will not resume its seasonal flights between Podgorica and Ostrava for the 2025 summer season. The decision marks a shift in the airline’s network planning as it continues to evaluate its operational priorities.

Airlines | Debt | Financial

Azul Completes Debt Restructuring and $525M Notes Offering

ByAdmin 30/01/202531/01/2025

Azul (Brazil) has successfully completed the restructuring of its financial obligations, reaching agreements with bondholders, lessors, and OEMs. The carrier also closed its $525 million Floating Rate Superpriority Notes offering, due 2030, significantly improving its financial stability.

Airbus | Fleet | Leasing | Sale

Crestone Air Partners Offers A321F for Sale or Lease

ByAdmin 13/01/202514/01/2025

Crestone Air Partners is offering two A321 freighter aircraft for immediate availability. One A321-200 is currently undergoing freighter conversion, while another A321F airframe is ready for immediate sale or lease and located in Marana, AZ.

Fleet | Sale

REGENT Craft to Deliver Monarch Seaglider to United Marine Egypt Shipping

ByAdmin 31/10/202403/11/2024

REGENT Craft, a U.S.-based innovator in maritime transportation, has announced that United Marine Egypt Shipping will be the first customer to receive its Monarch seaglider, a groundbreaking 50-100-passenger craft designed for high-speed, eco-friendly coastal travel. The Monarch seaglider’s delivery is slated for completion before the end of the decade, marking a significant step in the…

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