Overland Airways (Nigeria) has announced plans to take delivery of its third Embraer E175 by mid-2026. The new addition to the fleet will play a key role in the airline’s strategic expansion into West and Central Africa, enhancing its regional connectivity.
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Aergo Capital Limited, a Dublin-based aircraft leasing company, has announced the acquisition of an Airbus A320-200 aircraft, bearing manufacturer serial number 5692. The aircraft, managed by SMBC Aviation Capital, is currently on lease to Iberia, Spain’s flagship carrier.
Korean Air has enhanced its fleet with the delivery of a new Airbus A350-900, showcasing its commitment to modernizing its operations and improving passenger experience. The aircraft, bearing serial number 689, is powered by the highly efficient Trent XWB-84 engines, recognized for their outstanding fuel efficiency and environmental performance.
Jeju Air, South Korea’s largest low-cost carrier, has expanded its modern fleet with the delivery of its fourth Boeing 737-8, carrying manufacturer serial number (MSN) 66541. The aircraft is powered by LEAP-1B engines, developed by CFM International, and continues the airline’s fleet renewal strategy centered on fuel efficiency and operational performance.
Fitch Ratings, a leading credit rating agency, has downgraded Spirit Airlines’ (US) Long-Term Issuer Default Rating (IDR) to ‘D’ from ‘CC’, indicating default status. The downgrade reflects Spirit Airlines’ financial challenges following its Chapter 11 bankruptcy filing.
Airlink (South Africa) has announced the cancellation of flights to Nampula, citing a legal dispute with local authorities. The province’s court has instituted a claim for damages against the airline, accompanied by a court application to seize Airlink’s aircraft pending the resolution of the case.
The Indonesian government is reportedly evaluating a change in leadership at Garuda Indonesia, as part of an initiative to enhance the airline’s profitability and support its growth ambitions. Current CEO Irfan Setiaputra may be replaced in a strategic move to position Garuda for a more financially stable and competitive future. Leading candidates for the position…
