Southwest Airlines, a leading US carrier, has finalized a sale-leaseback agreement with BBAM, covering 36 Boeing 737-800 aircraft. The deal has already generated $871 million from the sale of the first 35 aircraft, with lease terms ranging from 26 to 37 months.
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VietJet Air, a low-cost carrier based in Vietnam, has announced plans to wet lease two COMAC ARJ21-700 aircraft from Chengdu Airlines, a Chinese carrier. The aircraft, identified by serial numbers 185 and 196, are powered by CF34-10A engines manufactured by General Electric (GE).
Fitch Ratings, a leading credit rating agency, has downgraded Spirit Airlines’ (US) Long-Term Issuer Default Rating (IDR) to ‘D’ from ‘CC’, indicating default status. The downgrade reflects Spirit Airlines’ financial challenges following its Chapter 11 bankruptcy filing.
Air Madagascar has sold two stored Airbus A340-300 aircraft, with serial numbers 319 and 210, to a Chinese company for US$2 million. This sale is part of the airline’s strategy to reduce its debt burden.
Wizz Air (Hungary) has announced the introduction of a new summer route connecting Cluj-Napoca (Romania) and Heraklion (Greece), scheduled to commence on 17 June 2025. The launch reinforces Wizz Air’s commitment to expanding its seasonal leisure destinations across Europe.
Lufthansa Technik (Germany) has announced plans to invest significantly in a new facility near Porto, Portugal, as part of its global expansion strategy. The project, slated for completion by the end of 2027, underscores Lufthansa Technik’s commitment to enhancing its maintenance, repair, and overhaul (MRO) capabilities in Europe.
Austrian Airlines has announced its plans to lease an A220-300 aircraft from airBaltic (Latvia) for the summer 2025 season. This leased aircraft will operate on various European routes, providing additional capacity and flexibility during the busy travel period.
VietJet Air, a low-cost carrier based in Vietnam, has announced plans to wet lease two COMAC ARJ21-700 aircraft from Chengdu Airlines, a Chinese carrier. The aircraft, identified by serial numbers 185 and 196, are powered by CF34-10A engines manufactured by General Electric (GE).
Fitch Ratings, a leading credit rating agency, has downgraded Spirit Airlines’ (US) Long-Term Issuer Default Rating (IDR) to ‘D’ from ‘CC’, indicating default status. The downgrade reflects Spirit Airlines’ financial challenges following its Chapter 11 bankruptcy filing.
Air Madagascar has sold two stored Airbus A340-300 aircraft, with serial numbers 319 and 210, to a Chinese company for US$2 million. This sale is part of the airline’s strategy to reduce its debt burden.
Wizz Air (Hungary) has announced the introduction of a new summer route connecting Cluj-Napoca (Romania) and Heraklion (Greece), scheduled to commence on 17 June 2025. The launch reinforces Wizz Air’s commitment to expanding its seasonal leisure destinations across Europe.
Lufthansa Technik (Germany) has announced plans to invest significantly in a new facility near Porto, Portugal, as part of its global expansion strategy. The project, slated for completion by the end of 2027, underscores Lufthansa Technik’s commitment to enhancing its maintenance, repair, and overhaul (MRO) capabilities in Europe.
Austrian Airlines has announced its plans to lease an A220-300 aircraft from airBaltic (Latvia) for the summer 2025 season. This leased aircraft will operate on various European routes, providing additional capacity and flexibility during the busy travel period.
VietJet Air, a low-cost carrier based in Vietnam, has announced plans to wet lease two COMAC ARJ21-700 aircraft from Chengdu Airlines, a Chinese carrier. The aircraft, identified by serial numbers 185 and 196, are powered by CF34-10A engines manufactured by General Electric (GE).
Fitch Ratings, a leading credit rating agency, has downgraded Spirit Airlines’ (US) Long-Term Issuer Default Rating (IDR) to ‘D’ from ‘CC’, indicating default status. The downgrade reflects Spirit Airlines’ financial challenges following its Chapter 11 bankruptcy filing.
Air Madagascar has sold two stored Airbus A340-300 aircraft, with serial numbers 319 and 210, to a Chinese company for US$2 million. This sale is part of the airline’s strategy to reduce its debt burden.
Wizz Air (Hungary) has announced the introduction of a new summer route connecting Cluj-Napoca (Romania) and Heraklion (Greece), scheduled to commence on 17 June 2025. The launch reinforces Wizz Air’s commitment to expanding its seasonal leisure destinations across Europe.
Lufthansa Technik (Germany) has announced plans to invest significantly in a new facility near Porto, Portugal, as part of its global expansion strategy. The project, slated for completion by the end of 2027, underscores Lufthansa Technik’s commitment to enhancing its maintenance, repair, and overhaul (MRO) capabilities in Europe.
Austrian Airlines has announced its plans to lease an A220-300 aircraft from airBaltic (Latvia) for the summer 2025 season. This leased aircraft will operate on various European routes, providing additional capacity and flexibility during the busy travel period.
