Qatar Airways Secures $1.2B Financing from QNB Group

ByAdmin 04/06/202504/06/2025

Qatar Airways has signed an agreement with Qatari banks led by QNB Group to secure $1.2 billion in strategic financing. This substantial funding package is structured in both conventional and Islamic tranches and is designed to support the airline’s ongoing growth and maintain financial stability in a volatile market environment.

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Airlines | Legal | Management

Air Antilles Former CEO Faces Prison for Embezzlement

ByAdmin 21/03/202523/03/2025

Eric Koury, the former CEO of Guadeloupe-based airline Air Antilles, is facing a two-year prison sentence after being accused of embezzling aid funds.

Airbus | Airlines | CFM International | Delivery | Fleet

Loong Air Takes Delivery of New A320neo with LEAP-1A26 Engines

ByAdmin 12/11/202414/11/2024

Loong Air, a Chinese airline, has recently taken delivery of a new Airbus A320neo, marked by serial number 12421. This aircraft is equipped with LEAP-1A26 engines from CFM International, which are recognized for their fuel efficiency and reduced emissions. The addition of this A320neo supports Loong Air’s commitment to expanding its fleet with modern, environmentally friendly aircraft, aligning with…

Airlines | Boeing | CFM International | Delivery | Fleet

Air China Takes Delivery of New B737-8 Aircraft

ByAdmin 01/01/202503/01/2025

Air China has expanded its fleet with the delivery of a new Boeing B737-8, bearing serial number 60942, powered by LEAP-1B engines. This latest addition underscores Air China’s ongoing commitment to modernizing its fleet and maintaining operational efficiency in a competitive aviation market.

Airlines | Boeing | Delivery | Wet Lease

Air Peace Receives Wet-Leased Boeing 737-800 from AirExplore

ByAdmin 20/11/202422/11/2024

Air Peace, Nigeria’s largest airline, has taken delivery of a Boeing 737-800, serial number 33018, under a wet lease agreement with AirExplore, a Slovakian carrier. The aircraft is equipped with CFM56-7B26 engines, known for their performance and efficiency.

Airlines | Financial | Low Cost Carrier

easyJet Reports 34% Profit Growth for FY2024

ByAdmin 27/11/202401/12/2024

easyJet (UK) has reported robust financial results for the twelve months ending 30 September 2024, highlighting a strong recovery and growth trajectory. The airline achieved a 34% increase in profit before tax, reaching $766 million, alongside a 14% growth in group revenue, totaling $11.6 billion.

Airlines | Delivery | Embraer | Fleet | Pratt & Whitney

Azul Takes Delivery of E195-E2 Aircraft

ByAdmin 01/01/202503/01/2025

Azul, a prominent Brazilian carrier, has added a new E195-E2 aircraft to its fleet. The aircraft, bearing serial number 19020149, has been acquired on lease and is equipped with the advanced PW1900G engines, known for their fuel efficiency and reduced environmental impact.

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