Lufthansa Plans More Sale/Leaseback Deals to Raise Liquidity by 2024 End

ByAdmin 09/11/202409/11/2024

Lufthansa, Germany’s flagship airline, is intensifying its efforts to raise liquidity by the end of 2024 through the sale/leaseback (SLB) of an additional nine A320neo and A321neo aircraft. This financial strategy allows Lufthansa to free up cash while retaining operational use of these aircraft, supporting the airline’s liquidity needs amidst ongoing market pressures. Lufthansa has previously employed this approach, raising $247 million during the summer of 2024 by selling four A320neos and one A321neo through SLB agreements.

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Airbus | Airlines | Fleet | Rolls Royce

Aircalin Orders Two Airbus A350-900s

ByAdmin 12/12/202416/12/2024

Aircalin, the national airline of New Caledonia, has officially disclosed its latest fleet expansion plans with an order for two Airbus A350-900 aircraft. This strategic move underscores the airline’s commitment to modernizing its fleet and enhancing its operational capabilities to meet growing passenger and cargo demands.

Airlines | COMAC | Delivery | Fleet | General Electric

China Southern Receives ARJ21-700

ByAdmin 14/12/202417/12/2024

China Southern, one of the largest airlines in China, has taken delivery of a Comac ARJ21-700. The aircraft, identified by serial number 10165, is powered by CF34-10A engines, showcasing its focus on expanding its regional fleet with modern and efficient jets.

Airlines | Airports | Cancellation | Network | Traffic

Aeroitalia Discontinues Rome to Bacau and Bucharest Routes for Winter Season

ByAdmin 27/10/202428/10/2024

Aeroitalia, the Italian airline, has announced it will discontinue its services between Rome Fiumicino Airport and the Romanian cities of Bacau and Bucharest beginning on November 3, 2024. The suspension of these routes is part of Aeroitalia’s seasonal adjustments, as the airline reviews its route network to align with demand patterns during the winter season….

Airlines | Management

Edelweiss Air Appoints Jens Fehlinger as New Chairman of the Board

ByAdmin 12/11/202414/11/2024

Edelweiss Air, Switzerland’s leading leisure airline, has announced the appointment of Jens Fehlinger as the new Chairman of the Board of Directors. Fehlinger steps into the role, succeeding Dieter Vranckx, who previously led the board with a focus on growth and strengthening Edelweiss’s market position. Fehlinger’s appointment signals Edelweiss Air’s commitment to continuity in leadership while bringing fresh perspectives…

Airlines | Flag Carrier | Sale

Korean Air Completes Acquisition of Asiana Airlines

ByAdmin 12/12/202413/12/2024

Korean Air is set to officially finalize its acquisition of a controlling stake in Asiana Airlines (South Korea) today. This strategic move will see Korean Air invest $1.07 billion to purchase a 63.9% stake in Asiana through a third-party share issuance, marking a significant milestone in the consolidation of South Korea’s aviation industry.

South African Airways Adds Wet-Leased B737-800 from SunExpress

ByAdmin 30/10/202401/11/2024

South African Airways (SAA) has expanded its operational capacity by adding a Boeing 737-800 on a wet lease from Turkish carrier SunExpress. The aircraft, serial number 61333, TC-SOC, which first flew in 2017, is equipped with CFM56-7B26E engines, a power choice known for its reliability and efficiency in the single-aisle market. The wet lease arrangement…

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