Lufthansa to Acquire Two Additional Boeing 787-9 Aircraft

ByAdmin 13/03/202513/03/2025

Lufthansa is expanding its widebody fleet with the acquisition of two additional Boeing 787-9 Dreamliners, originally manufactured for another airline but never taken up. These aircraft are expected to receive registrations D-ABQE and D-ABQF, reinforcing Lufthansa’s commitment to modernizing its long-haul fleet with fuel-efficient aircraft.

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Airbus | Airlines | Network

Korean Air Introduces A350 Scheduled Service

ByAdmin 28/01/202529/01/2025

Korean Air has launched its first scheduled service with the Airbus A350, operating on routes between Seoul Incheon International Airport and the Japanese cities of Fukuoka and Osaka Kansai. The service is available from January 27, 2025, to March 29, 2025, marking a significant milestone in the airline’s fleet operations.

Airlines | Cargo | Corporation | Investor

CMA CGM Submits Bid for Air Belgium Cargo Operations

ByAdmin 20/03/202523/03/2025

France-based global logistics leader CMA CGM has officially submitted a bid to acquire the cargo operations of Air Belgium. A court ruling on the proposed acquisition is expected by 27 March 2025.

Airlines | Cancellation | Corporation | Financial

AK Holdings Cancels Corporate Bond Issuance for Jeju Air

ByAdmin 07/01/202512/01/2025

AK Holdings Co., the parent company of Jeju Air, has announced the cancellation of its planned corporate bond issuance. The company has also requested the credit rating agency to withdraw the associated rating for the bond. This decision marks a shift in AK Holdings’ financing strategy as it navigates ongoing challenges in the aviation sector.

Jet2’s Airbus A321neo Fleet Expansion Faces Delivery Delays

ByAdmin 07/03/202511/03/2025

Jet2, the UK-based leisure airline, is set to expand its fleet with the addition of 14 new Airbus A321neo aircraft, powered by CFM International engines. The airline expects these deliveries to bring its total A321neo fleet to 23 aircraft by the end of summer 2025. However, some of these aircraft deliveries will be delayed, leading to higher operational costs during the transition period.

Ethiopian Airlines Adds A350-1000 to Fleet

ByAdmin 11/12/202412/12/2024

Ethiopian Airlines has expanded its long-haul fleet with the delivery of a new Airbus A350-1000, serial 702, powered by advanced Trent XWB-97 engines. This addition underscores the airline’s commitment to modernizing its fleet with fuel-efficient, next-generation aircraft.

Airlines | Low Cost Carrier | Management

Southwest Airlines Appoints Rakesh Gangwal as Independent Chair of the Board

ByAdmin 05/11/202407/11/2024

Southwest Airlines has announced the appointment of Rakesh Gangwal as the new independent Chair of its Board of Directors. This significant leadership change comes as part of the airline’s broader governance efforts to enhance oversight and strategic guidance. The appointment of Gangwal, a respected figure in the aviation industry, underscores Southwest’s commitment to strengthening its…