Smartwings, a Czech carrier, has expanded its capacity with the delivery of an Airbus A320, serial 3641, acquired on wet lease from SmartLynx. The aircraft is powered by V2527-A5 engines, known for their robust performance and fuel efficiency.
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Fly2Sky Airlines, based in Bulgaria, has officially joined the International Air Transport Association (IATA), marking a significant milestone in its development as an international carrier. Membership in IATA symbolizes Fly2Sky Airlines’ commitment to maintaining the global standards of safety, efficiency, and sustainability that are central to the industry’s operations.
Airbus, the European aerospace giant, has released its November 2024 order book changes, showcasing significant updates. The company reported new orders from undisclosed customers for: These additions highlight continued interest in Airbus’s wide-body and single-aisle aircraft, catering to various market demands. The A321neo remains a popular choice for its fuel efficiency and range capabilities, while the A330-900 and A350-900 models appeal to…
CDB Aviation (Ireland) has successfully closed a sale/leaseback transaction for one Airbus A350-900 with Air France, a longstanding airline customer. This agreement highlights the ongoing collaboration between the lessor and the carrier, further strengthening their strategic partnership.
Alaska Air Group (US) has introduced its ambitious “Alaska Accelerate” strategic plan, charting a three-year roadmap aimed at unlocking US$1 billion in incremental profit and significant value creation following its combination with Hawaiian Airlines (US). The strategy underscores the Group’s focus on delivering enhanced operational efficiency, improved profitability, and stronger shareholder returns.
Altavair, a leading global aviation asset manager, has announced the successful delivery of a Boeing 777-300ER to Ethiopian Airlines, achieved through a strategic partnership with Boeing and Marathon Asset Management. In this transaction, Altavair served as the arranger, structurer, and servicer, while Marathon Asset Management provided the capital, and Ethiopian Airlines took on the role…
AP Holdings, a major shareholder of South Korean airline Air Premia, has announced a board meeting with the objective of solidifying its management rights within the airline. This move underscores AP Holdings’ intent to exercise greater influence over Air Premia’s strategic direction and operational management as the airline seeks to expand its presence in the…
