Malaysia Aviation Group (MAG), the parent company of Malaysia Airlines, has officially exercised its purchase rights for 20 Airbus A330-900 aircraft. These widebody jets are slated for delivery between 2029 and 2031, as part of the group’s long-term fleet renewal strategy.
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WestJet, Canada’s Calgary-based airline, has expanded its single-aisle operations with the leased delivery of a Boeing 737-8, bearing serial number 44298. The aircraft is powered by LEAP-1B27 engines, manufactured by CFM International, continuing the airline’s transition toward a more efficient and environmentally friendly fleet.
Alaska Airlines CEO Ben Minicucci shared his perspective on the carrier’s performance and outlook following the challenges faced in the first quarter of 2025. According to Minicucci, although bookings have stabilized, pricing powerhas yet to fully recover, reflecting the ongoing impact of economic uncertainty in the aviation sector.
SMBC Aviation Capital, one of the world’s largest aircraft leasing companies, has finalized lease agreements with AJet, a Turkish airline, for five Airbus A320neo aircraft. This transaction represents a notable expansion in AJet’s narrowbody operations as it continues to scale up across domestic and regional routes.
Flyadeal, Saudi Arabia’s low-cost airline, has confirmed its entry into the Syrian market following the lifting of Western sanctions, marking a major milestone in regional air connectivity. The airline announced that it will launch new scheduled services to Damascus starting October 1, 2025, with routes connecting Jeddah and Riyadh directly to the Syrian capital.
Boeing has released its latest 20-year Pilot and Technician Outlook (PTO), projecting that the global aviation industry will require 710,000 new maintenance technicians by 2044. This alarming shortfall in the Maintenance, Repair, and Overhaul (MRO) workforce is emerging as a critical challenge, even as the sector rapidly expands to meet escalating passenger demand and fleet growth.
Vietjet (Vietnam) has successfully issued seven bonds in 2024, amounting to a total face value of $433 million. Each bond carries a 60-month term and offers an 11% annual interest rate, reflecting the company’s strategic move to bolster its financial foundation and support future growth initiatives.
