Smartwings, a leading airline based in the Czech Republic, has recently taken delivery of a new Boeing 737-8, bearing the serial number 62915. This state-of-the-art aircraft is powered by LEAP-1B27 engines, known for their fuel efficiency and performance.
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Pegasus Airlines, a major low-cost carrier in Türkiye, has expanded its fleet with the recent delivery of an Airbus A321neo, serial number 12073, powered by LEAP-1A32 engines from CFM International. This addition marks another step in Pegasus Airlines’ commitment to modernizing its fleet with fuel-efficient, environmentally friendly aircraft that support sustainable operations.
ITA Airways, Italy’s flag carrier, reported revenues of $3.5 billion for the full year 2024, representing a 26% increasecompared to the previous year, driven by expanded route offerings and improved passenger volumes. Despite this revenue growth, the airline recorded a net loss of $256.6 million, highlighting continued operational challenges and restructuring costs.
Brazil’s Minister of Ports and Airports has announced that the government will take a measured approach to TAP Air Portugal‘s upcoming privatization process, awaiting the official prospectus and market offer before engaging Brazilian companies.
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…
In a significant development within the cargo sector, WestJet, the Canadian airline, is facing a strategic shift with the resignation of Kirsten de Bruijn, Executive Vice President of Cargo. This move comes as WestJet evaluates the future of its cargo operations, specifically the winding down of its freighter activities.
TAROM, Romania’s national airline, has announced the signing of a Letter of Intent (LOI) to lease two additional Boeing B737-8 aircraft from Avolon, a leading aircraft leasing company based in Ireland. This agreement supports TAROM’s ongoing efforts to modernize its fleet and improve operational efficiency.
