Riyadh Air Plans B777X or A350-1000 Deal by 2Q 2025

ByAdmin 08/11/202412/11/2024

Riyadh Air, Saudi Arabia’s new national carrier, is reportedly working towards finalizing a major aircraft acquisition involving the Boeing B777X or the Airbus A350-1000 by the second quarter of 2025. This potential fleet expansion was disclosed by CEO Tony Douglas, who emphasized Riyadh Air’s commitment to establishing a modern, long-haul fleet capable of meeting future growth objectives.

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Airlines | Boeing | Fleet

Rimbun Airlines Opts for B737 Classics Over B737NG Freighters Amid Part Shortages

ByAdmin 27/03/202531/03/2025

Rimbun Airlines, based in Indonesia, is strategically planning to enhance its fleet by incorporating B737 Classics rather than the newer B737 Next Generation (NG) freighters. This decision stems from current challenges associated with securing necessary engines and parts for the B737NG models.

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.

Airlines | Corporation | Quarterly Performance

Asia Aviation’s 3Q 2024 Profit Reaches $100.1 Million with 55% Revenue Growth

ByAdmin 12/11/202414/11/2024

Asia Aviation, the Thai parent company of Thai AirAsia, recorded a strong financial performance in the third quarter of 2024 with a net profit of $100.1 million. This impressive result was fueled by a 55% increase in revenue, reaching $445.3 million. The significant revenue growth reflects Asia Aviation’s successful recovery in the post-pandemic travel environment and the rising demand for air travel…

Airlines | Corporation | Embraer | Fleet | Sale

Nordic Aviation Capital Sells Two E190 Airframes and Engines to Regional One

ByAdmin 11/03/202513/03/2025

Nordic Aviation Capital (NAC) has finalized the sale of two Embraer E190 airframes and two engines to Regional One (US), a leading provider of aircraft and aftermarket solutions. This transaction aligns with NAC’s strategy to optimize its portfolio and repurpose assets for secondary market demand.

Airlines | Financial

Wamos Air Settles $67.4 Million Loan Early, Clears SEPI Debt

ByAdmin 17/10/2024

Wamos Air, a Spanish airline known for its charter and wet lease operations, has made an early repayment of a $67.4 million loan.

Airbus | Part Out

Werner Aero Acquires A319 for Dismantling

ByAdmin 27/11/202401/12/2024