S7 Airlines, one of Russia’s premier carriers, experienced a significant drop in net profit by 33.5%, totaling $166.6 million for the year 2024, despite a marginal revenue increase of almost 1% to $2.2 billion.
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FedEx Feeder, a regional air cargo service operated on behalf of FedEx Express, has expanded its fleet with the delivery of a new Cessna 408F SkyCourier, identified by serial number 408-0030. The aircraft is powered by PT6A-65SC engines, known for their reliability and efficiency.
AJW Group, a leading UK-based provider of aviation support services, has entered into a multi-year Power-by-the-Hour (PBH) agreement with Enter Air (Poland) to support its fleet of 22 B737NG aircraft. This comprehensive agreement includes a full logistics solution, with warehousing and stock positioning in Warsaw, ensuring that Enter Air has access to essential parts and maintenance resources when needed.
American Airlines (US) has been found to have violated federal law by allocating employee retirement funds to investment companies that offer Environmental, Social, and Governance (ESG) products, according to a recent court ruling. The decision marks a significant victory for critics of ESG-focused investment strategies, who argue that such practices prioritize progressive ideologies over financial returns.
Buzz, a growing airline based in Poland, recently added a new B737-8200 to its fleet, serial number 62388, powered by LEAP-1B27 engines. This strategic acquisition underscores the airline’s commitment to expanding its service capabilities and enhancing its operational efficiency.
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.
Egypt-based carrier Nesma Airlines has officially taken delivery of an Airbus A320, bearing serial number 3135, on lease and powered by dependable CFM International CFM56-5B4/P engines. This aircraft acquisition supports Nesma Airlines’ continued fleet growth and operational expansion strategy.
