Play Europe Sends A321neo to SkyUp on Wet Lease

ByAdmin 08/04/202509/04/2025

Play Europe, based in Malta, has deployed its first of three Airbus A321neo aircraft, serial number 8008, to Ostrava for preparation ahead of a wet lease agreement with SkyUp Airlines, the Ukrainian ACMI and charter specialist. The arrangement marks the beginning of a new leasing partnership between the two operators as Play Europe begins to commercialize its expanding fleet.

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Airlines | Cargo | Financial | Quarterly Performance

Cargojet Reports 14.8% Revenue Growth and 182.9% Increase in Earnings for Q3 2024

ByAdmin 05/11/202407/11/2024

Cargojet, Canada’s premier air cargo carrier, has reported strong financial results for the third quarter of 2024, with total revenue rising by 14.8% to $176.6 million. The company also achieved a remarkable 182.9% increase in net earnings, reaching $21.3 million, underscoring Cargojet’s resilience and efficiency in a competitive market.

Airlines | Fleet

Beond Targets Fleet Expansion to 27 Aircraft by 2028

ByAdmin 18/12/202423/12/2024

Beond, a luxury airline based in the Maldives, has announced plans to expand its fleet to 27 aircraft within the next four years. By 2028, the carrier aims to operate flights to 54 destinations across 39 countries, reflecting its ambitious growth strategy to establish a significant presence in the global aviation market.

Airlines | Network

China Eastern to Launch Harbin–Seoul Incheon Route

ByAdmin 27/11/202401/12/2024

China Eastern Airlines has announced a new nonstop route connecting Harbin and Seoul Incheon, set to begin on 27 December 2024. The flights will be operated by the airline’s Airbus A320, enhancing connectivity between northeastern China and South Korea.

Corporation | Financial

Aviation Capital Group Reports 9M 2024 Revenues of $923 Million

ByAdmin 13/11/202414/11/2024

Aviation Capital Group (ACG), a leading US-based aircraft leasing company, has reported its 9M 2024 financial results with total revenues reaching $923 million and net income of $113.8 million. The company’s cash and cash equivalents stand at $241.9 million, underscoring ACG’s strong liquidity position and financial resilience in the aviation leasing market. This performance highlights ACG’s consistent revenue growth and profitability amid the recovery of the aviation…

Thai AirAsia Receives New A321neo with LEAP-1A32 Engines

ByAdmin 09/11/202409/11/2024

Thai AirAsia, one of Thailand’s leading low-cost carriers, has taken delivery of a new A321neo, serial number 12135, powered by LEAP-1A32 engines. This latest addition aligns with Thai AirAsia’s fleet expansion strategy, aimed at increasing operational capacity and enhancing fuel efficiency. The A321neo, known for its extended range and reduced emissions, is ideally suited for high-demand routes, offering greater…

Airlines | Boeing | CFM International | Delivery | Fleet

Aeroitalia Plans B737-800 Deliveries By May 2025

ByAdmin 23/03/202525/03/2025

Aeroitalia has confirmed plans to expand its fleet with the addition of two more B737-800 aircraft scheduled for delivery by May 2025. The move is aimed at strengthening the Italian carrier’s operational capacity ahead of the critical summer travel season.

Airlines | Cargo | Financial | Quarterly Performance

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