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MASwings Valuation Key to Sarawak’s Acquisition Plans

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MASwings, a Malaysian regional airline, is moving closer to a potential acquisition by the Sarawak state government. Premier Abang Johari Openg announced that a thorough asset valuation must first be conducted before the state can fully proceed with the acquisition. A third-party audit has been commissioned to determine the airline’s appropriate value, with the goal of completing the acquisition by 1Q 2025.

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Auric Air Wet Leases Two DHC8-100s From ALS Kenya

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Auric Air, a Tanzanian regional carrier, has expanded its fleet through the wet lease of two DHC8-100 turboprop aircraft from ALS Kenya for operations during the summer 2025 season. The aircraft, bearing serial numbers 105 and 179, will bolster Auric Air’s capacity to serve remote and regional destinations, particularly those with shorter runways or limited ground infrastructure.

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Spirit Airlines Receives $150 Million Compensation from Pratt & Whitney for Grounded Airbus Jets

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Spirit Airlines (US) has secured $150 million in compensation from Pratt & Whitney, addressing financial losses stemming from GTF engine removals affecting its Airbus fleet. The airline anticipates further payments, as engine replacement and maintenance challenges are expected to continue through 2026 and beyond.

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BOC Aviation Orders Nine A320neo For Avianca

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BOC Aviation (Singapore) has entered into an agreement with Airbus to purchase nine A320neo aircraft, demonstrating continued demand for efficient narrowbody aircraft in the global market. The lessor has committed all nine aircraft on long-term leases to avianca (Colombia), bolstering the South American carrier’s fleet renewal and expansion plans.