Silver Airways and Seaborne Virgin Islands Seek Extension for Aircraft Lease Agreements Amid Asset Sale Plans

ByAdmin 03/03/202505/03/2025

Silver Airways and Seaborne Virgin Islands, both operating under bankruptcy proceedings, have filed a court request to extend agreements with aircraft lessors beyond the current 60-day period. The airlines seek additional time to finalize the sale of their assets, ensuring a structured transition amid financial restructuring efforts.

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Airlines | Financial

LATAM Airlines Projects Up to $3.6 Billion Adjusted EBITDAR for 2025

ByAdmin 06/12/202409/12/2024

LATAM Airlines Group, based in Chile, has released its financial outlook for 2025, projecting an adjusted EBITDARbetween $3.2 billion and $3.6 billion. This optimistic forecast aligns with the airline’s continued recovery and expansion following the global resurgence of air travel.

Aviation Capital Group Delivers Two B737-8 to Air India Express

ByAdmin 24/02/202524/02/2025

Aviation Capital Group (US) has completed the delivery of two Boeing B737-8 aircraft to Air India Express. The aircraft, equipped with LEAP-1B engines manufactured by CFM International, are part of a sale and leaseback (SLB) agreement supporting the airline’s ongoing fleet expansion.

Aircraft | Airlines | Boeing | Fleet

Boeing September 2024 Order Book: Key Changes Announced

ByAdmin 17/10/202417/10/2024

Boeing reported several significant changes to its order book in September 2024.

Airlines | Financial

Juneyao Air Reports $125M Profit For 2024

ByAdmin 24/04/202525/04/2025

Juneyao Air, a private Chinese carrier, has posted strong financial results for 2024, reporting a net profit of $125.3 million, up 17.5% compared to the previous year. The airline also recorded a 9.9% increase in revenue, reaching $3.0 billion, marking a year of resilient growth and operational efficiency.

Airlines | Management

True Air (SKS Airways) Ceases Operations

ByAdmin 17/01/202520/01/2025

True Air, previously known as SKS Airways, has announced the cessation of its operations. The Malaysia-based airline cited challenges in the regulatory environment, operational constraints, and the broader aviation landscape as key factors contributing to its decision to discontinue services.

Airlines | Network

Sky Alps to Launch Klagenfurt-Hannover Flights in May 2025

ByAdmin 20/11/202422/11/2024

Sky Alps, an Italian regional airline, has announced the launch of a new route connecting Klagenfurt (KLU) in Austria to Hannover (HAJ) in Germany. The service is scheduled to commence on May 1, 2025, and will be operated using Q400 aircraft.

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