PLAY Airlines Partners with StandardAero for LEAP-1A Engine Maintenance

ByAdmin 30/10/202401/11/2024

Icelandic low-cost carrier PLAY Airlines has entered an agreement with StandardAero to receive performance restoration shop visit (PRSV) services for its LEAP-1A engines, which power PLAY’s A320neo fleet. StandardAero, operating from its specialized facility in San Antonio, Texas, will provide PRSV and MRO support under the CFM Branded Service Agreement. This maintenance partnership enables PLAY to enhance engine reliability, aligning with the airline’s commitment to operational efficiency on its transatlantic routes between North America and Europe.

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Airlines | Boeing | Delivery | Rolls Royce | Wet Lease

FlyKhiva Receives B757-300 from Icelandair

ByAdmin 03/12/202405/12/2024

FlyKhiva (Uzbekistan) has expanded its fleet with the delivery of a Boeing B757-300, identified by serial 29434. The aircraft is provided on a wet lease from Icelandair and is powered by RB211-535E4B engines.

Airlines | Credit | Crisis | Financial

Fitch Ratings Downgrades Spirit Airlines to ‘D’

ByAdmin 22/11/202425/11/2024

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.

Airbus | Airlines | Delivery | Fleet | Rolls Royce

Starlux Airlines Takes Delivery of A350-900

ByAdmin 14/12/202417/12/2024

Starlux Airlines, a premium carrier based in Taiwan, has taken delivery of an Airbus A350-900, identified by serial number 698. The aircraft is powered by Trent XWB-84 engines, renowned for their fuel efficiency and long-haul performance.

Airlines | Fleet

JetSMART Expands Fleet in Argentina, Investing $160M in 2024

ByAdmin 01/11/202404/11/2024

JetSMART, an airline with ties to China, is expanding its fleet in Argentina, adding two new aircraft to bring its total to 10 by the end of 2024. This move is part of a $160 million investment in Argentina this year, aimed at increasing JetSMART’s presence and enhancing its domestic route offerings. The airline’s expansion…

Airbus | Certification | Pratt & Whitney

Pratt & Whitney’s GTF Engine Certified for A321XLR

ByAdmin 16/12/202417/12/2024

Pratt & Whitney, a leading aerospace engine manufacturer based in the United States, has received FAA certificationfor its GTF (Geared Turbofan) engine to power the Airbus A321XLR. The updated engine type certificate, granted on 12 December 2024, applies to the PW1100G-JM engine and now includes its use for the A321XLR, Airbus’s latest long-range narrow-body aircraft.

Airlines | Corporation | Crisis | Financial | Legal

GOL and Abra Group Reach Plan for Chapter 11 Restructuring

ByAdmin 08/11/202412/11/2024

GOL, the Brazilian airline, has entered into a Plan Support Agreement with the Abra Group (UK), its affiliates, and unsecured creditors to facilitate the airline’s financial restructuring under Chapter 11. This agreement will reduce GOL’s prepetition debt and obligations by approximately $2.5 billion, a substantial move aimed at stabilizing its finances and preparing for a sustainable future.

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