Pivot Airlines (Canada) has announced the appointment of Scott Monsen as its new Chief Financial Officer (CFO), bringing extensive financial expertise to the airline. Monsen’s role will focus on enhancing financial strategy, optimizing operational costs, and supporting Pivot Airlines’ growth objectives.
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Aeroflot Technics (Russia) has announced the appointment of Marat Tereshchenko as its new CEO. The decision marks a significant leadership transition for the prominent Russian MRO (Maintenance, Repair, and Overhaul) provider, which plays a critical role in servicing and maintaining aircraft for Aeroflot and other carriers.
Alaska Airlines is set to take delivery of its first three Boeing 737 MAX 8 aircraft in the coming weeks, all configured with 161 seats, including an increased number of first class seats. The deliveries represent the first step in a broader fleet and cabin upgrade initiative that will continue into 2026.
Jeju Air, South Korea’s largest low-cost carrier, has reported a 5.4% increase in sales for the third quarter of 2024, totaling $335.2 million. However, the airline experienced a significant 59% decline in net profit, which fell to $31.3 million. The mixed results highlight the challenges Jeju Air faces in balancing revenue growth with profitability amid…
Virgin Australia has restructured its E190-E2 acquisition strategy by transferring four aircraft on order to Azorra (US) under a sale & leaseback agreement. This transaction allows Virgin Australia to retain operational access to the aircraft while optimizing its financial flexibility.
Wizz Air Holdings, based in Hungary, reported that as of September 30, 2024, it had 41 aircraft on the ground due to ongoing GTF engine-related inspections. This figure marks an improvement over the initial forecast for fiscal 2025, attributed to the expedited induction of quick-turn engines. Wizz Air anticipates an average of 40-45 grounded aircraft over the next 18 months as engine…
easyJet (UK) and easyJet FinCo (Netherlands) have issued a prospectus for a $5 billion Euro Medium Term Note (EMTN) Program, reinforcing their strategic financing initiatives to support future growth, fleet investments, and operational resilience.
