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Riyadh Air and Aramco Sign MOU for Low-Carbon Fuel and Sustainability Collaboration

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Riyadh Air and Aramco, two of Saudi Arabia’s leading entities, have signed a Memorandum of Understanding (MOU) aimed at exploring potential collaboration in the areas of low-carbon fuel supply and sustainability. This agreement sets the stage for both companies to jointly pursue environmental goals that align with Saudi Arabia’s Vision 2030 strategy, which emphasizes sustainable development and reduced carbon emissions.

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Ethiopian Airlines Minimally Affected by Currency Depreciation in 2024

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Ethiopian Airlines Group, Africa’s largest airline, has reported a minimal financial impact from the more than 50% depreciation of the Ethiopian birr in 2024. The airline attributes this resilience to its robust income from international operations, which has effectively offset the currency’s sharp decline.

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Iraqi Airways to Launch New Routes to Asia and the Middle East in 2025

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Iraqi Airways has announced plans to expand its international network in 2025 with flights to several new destinations across the Middle East and Asia. The airline intends to launch routes to Riyadh in Saudi Arabia, Sharjah in the UAE, Dhaka in Bangladesh, and two popular destinations in Indonesia—Jakarta and Bali. Earlier in the year, Iraqi Airways also hinted at potential flights to Thailand, which could further enhance its connectivity to…

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China Eastern Adds New Airbus A321neo to Fleet

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China Eastern Airlines has recently bolstered its fleet by adding a new Airbus A321neo, identified by serial number 12093 and powered by LEAP-1A32 engines. This acquisition supports China Eastern’s strategy to modernize its fleet with fuel-efficient, next-generation aircraft. The LEAP-1A32 engines, produced by CFM International, are known for their optimized fuel efficiency and lower carbon…

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Vietravel Airlines No Longer Has Foreign Shareholders After License Update

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Vietravel Airlines, based in Vietnam, has had its air transport business license re-issued by the country’s Ministry of Transport, a process that has resulted in the airline no longer having any foreign shareholders. This license update signifies a shift in the airline’s ownership structure, positioning it as a fully domestic entity in Vietnam’s aviation market. The removal of foreign…

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SmartLynx Airlines Appoints Tomas Jan as Director of Flight Operations

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SmartLynx Airlines, a Latvia-based ACMI and charter service provider, has announced the appointment of Tomas Jan as the Director of Flight Operations. This leadership appointment comes as SmartLynx continues to expand its operational footprint in Europe and beyond, reinforcing its commitment to maintaining high standards in flight safety, efficiency, and regulatory compliance. Tomas Jan will…

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Phoenix Aviation and AIP Capital Acquire B787-9 Leased to American Airlines

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Phoenix Aviation Capital (Ireland) and AIP Capital (US) have jointly announced the acquisition of a Boeing 787-9, identified by serial number 40646. The aircraft is on a long-term lease with American Airlines (US) and was purchased from ORIX Aviation (Ireland).