Sideral Linhas Aéreas (Brazil) has taken delivery of its first Boeing B737-700, identified by serial number 30651. The aircraft is powered by CFM56-7B22 engines, marking a significant milestone in the airline’s fleet expansion strategy.
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Riyadh Air is currently in negotiations with Boeing and Airbus to order up to 50 additional widebody aircraft, with both the Airbus A350-1000 and Boeing 777X under consideration. The order would support the airline’s ambitious expansion plans as it works toward establishing Saudi Arabia as a key global aviation hub.
Motu Link Airline, a new carrier based in French Polynesia, is preparing for its planned early 2025 launch by seeking $3.4 million to fund the purchase of its first aircraft, an ATR72-500F. This funding will be raised through a bond loan, amortizable over a period of 90 months at an 11% interest rate. The ATR72-500F, a reliable model suited for regional operations, will be the…
GOL, a leading Brazilian airline, has filed as a debtor seeking court approval to amend and extend the lease agreement for a Boeing 737-800, identified by serial number 36925. The lease, originally with Eos Aviation 4 (Ireland) as the lessor and managed by Merx Aviation Servicing (Ireland), is undergoing changes to better align with GOL’s operational and financial strategies.
AirBaltic (Latvia) has announced the appointment of Robbert Strating as its new Senior Vice President (SVP) of Flight Operations. In addition to his primary role, Strating will also assume the position of Deputy Accountable Manager, further bolstering the airline’s leadership team.
AerCap, the world’s largest aircraft lessor, has been awarded over $1 billion by a UK High Court ruling, which found that insurers are obligated to cover losses related to aircraft stranded in Russia. The case stemmed from the aftermath of sanctions and countermeasures that left hundreds of leased aircraft unable to be repossessed by Western lessors following the invasion of…
Avation, the Singapore-based aircraft leasing company, has agreed to a further lease term extension on one of its Airbus A320 aircraft operated by easyJet.
