Indian low-cost carrier SpiceJet has resolved its longstanding dispute with Shannon Engine Support (SES), an Ireland-based engine leasing company, through a settlement agreement valued at $2 million.
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IndiGo, India’s largest airline by market share, has taken delivery of a new Airbus A321neo, bearing manufacturer serial number (MSN) 12455. The aircraft is powered by LEAP-1A32 engines, produced by CFM International, and will be integrated into the airline’s expanding narrowbody fleet focused on fuel efficiency and route optimization.
LOT Polish Airlines has announced the launch of direct flights from Krakow (Poland) to Paris-Orly (France), with services set to commence on March 31, 2025. The route will be operated using the Boeing 737-8, offering passengers a modern and efficient travel experience.
China Eastern Airlines has expanded its narrowbody fleet with the delivery of a new Airbus A320neo, bearing serial number 12615, and powered by LEAP-1A26 engines from CFM International. This aircraft continues the airline’s steady integration of next-generation jets designed for improved efficiency and environmental performance.
TAP, the national airline of Portugal, reported a net loss of $122.6 million for the first quarter of 2025, underlining persistent financial challenges despite an improving global aviation environment. The carrier’s operating revenue fell 4.5% year-over-year, totaling $933.6 million, suggesting a drop in travel demand or yield compression on its primary routes.
Sun Country Airlines, a US-based airline, has entered into a significant financial agreement by establishing a four-year $75 million Revolving Credit Facility. This strategic financial arrangement involves major financial institutions including UMB Bank from the US, MUFG Bank, and Sumitomo Mitsui Banking both from Japan, serving as the primary lenders.
Spirit Airlines, a major US-based low-cost carrier, has announced a workforce reduction involving approximately 200 jobs. The decision, described as part of an efficiency drive, will impact various departments across the airline.
