Southwest Airlines, the largest low-cost carrier in the United States, has announced a sale-leaseback transactioninvolving 36 Boeing B737-800s. The deal, conducted with aircraft management firm BBAM, aligns with Southwest’s strategy to monetize the surplus value of its exclusively all-B737 fleet.
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Virgin Atlantic has recently expanded its fleet with the addition of a new Airbus A330-900, serial number 2078, tail number G-VEYR, powered by Rolls-Royce Trent 7000-72 engines.
Philippine Airlines (PAL) has unveiled its near- and long-term fleet expansion plans, with the introduction of two additional aircraft in 2025, increasing its total fleet from 79 to 81 aircraft. This incremental growth is a prelude to a much larger fleet enhancement initiative that includes nine Airbus A350-1000s and thirteen A321neo aircraft in the coming years.
LIAT 2020, a Caribbean regional carrier, has expanded its fleet with the delivery of a third Embraer ERJ145, serial number 145203. The aircraft was provided by the airline’s majority shareholder, Air Peace, based in Nigeria, as part of ongoing efforts to enhance LIAT’s regional connectivity and operational capabilities.
Asiana Airlines, a major carrier based in South Korea, has expanded its cargo fleet with the addition of a Boeing 747-400F, serial number 30765. This new freighter is equipped with CF6-80C2B1F engines, manufactured by General Electric, known for their reliability and performance in long-haul freight operations. The B747-400F will bolster Asiana’s cargo capacity, supporting the airline’s logistics network across Asia and…
Air France-KLM, the Franco-Dutch airline group, reported a 6.4% increase in fourth-quarter (4Q) 2024 revenues, reaching US$8.4 billion. Despite this revenue growth, the group recorded a net loss of US$22.4 million for the quarter. For the full year 2024, Air France-KLM achieved a 4.8% rise in revenues, totaling US$33.7 billion, with a net income of US$523.5 million. As of December 31, 2024, the group’s cash position stood at US$10…
Lufthansa Technik, a leading MRO provider based in Germany, and LOT Polish Airlines are strengthening their partnership through an expanded cooperation agreement. The latest collaboration focuses on MRO services for LEAP-1B engines, which power LOT’s Boeing 737 MAX fleet.
