Ryanair has reported a sharp decline in third-quarter profitability after setting aside a substantial provision related to an ongoing regulatory dispute in Italy, underscoring the financial impact of competition enforcement actions despite strong underlying operational performance.
Please SUBSCRIBE to view the full content.
First month of membership is free!
Japan Airlines (JAL) Managing Director Ross Leggett has confirmed that the retirement of the carrier’s B777-300ER fleet will be postponed by approximately three years. This decision comes as Japan Airlines continues to monitor future aircraft delivery schedules to ensure seamless operational transitions without service disruptions.
The Directorate General of Civil Aviation (DGCA) has suspended two senior executives of Akasa Air (India) for a period of six months, citing lapses in pilot training. The individuals affected are Niraj Bhatia, Director of Training, and Floyd Gracious, Director of Flight Operations. This regulatory action underscores the critical importance of maintaining rigorous standards in aviation training and operational oversight.
Sky Express, the Greek regional carrier, has expanded its fleet with the delivery of a new Airbus A320neo, carrying serial number 12638, and powered by LEAP-1A26 engines. This latest addition underscores the airline’s commitment to operating a modern, fuel-efficient fleet as it strengthens its presence within Greece and on select European routes.
Lufthansa, Germany’s flagship airline, is intensifying its efforts to raise liquidity by the end of 2024 through the sale/leaseback (SLB) of an additional nine A320neo and A321neo aircraft. This financial strategy allows Lufthansa to free up cash while retaining operational use of these aircraft, supporting the airline’s liquidity needs amidst ongoing market pressures. Lufthansa has previously employed this approach, raising $247 million during…
Norwegian Air Shuttle is preparing to take delivery of its first Boeing 737 MAX later in 2025, marking the beginning of a 50-aircraft order. The airline also holds 30 additional options, with a decision expected by August 2025.
Boeing is set to meet with Nigeria’s Minister of Aviation, Festus Keyamo, in January 2025 in Dublin to explore options for supporting Nigeria’s domestic airline sector through tailored aircraft leasing solutions. With the country’s air travel demand steadily rising, this collaboration aims to provide Nigerian carriers with improved access to modern fleets, essential for efficiency…
