Spirit Airlines Secures Restructuring Agreement and Initiates Chapter 11 Process

ByAdmin 19/11/202420/11/2024

Spirit Airlines, a prominent U.S.-based carrier, has announced a restructuring support agreement (RSA) as part of a comprehensive plan to strengthen its balance sheet and streamline operations. The agreement has received backing from a supermajority of Spirit’s loyalty and convertible bondholders, paving the way for significant financial restructuring.

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Boeing | Corporation | Financial

Ashland Place Finance Completes Facility to Finance B737-800 Acquisition

ByAdmin 13/11/202414/11/2024

Ashland Place Finance, a US-based financing company, has announced the completion of a new financing facility to support the acquisition of a Boeing 737-800. This financing arrangement has been made in collaboration with Crestone Air Partners, Air T, and Mill Road Capital Management, who are jointly involved in the acquisition. The new facility underscores Ashland Place Finance’s commitment to providing tailored…

Airbus | Airlines | Delivery | Fleet | Pratt & Whitney

China Airlines Takes Delivery of A321neo Aircraft

ByAdmin 28/11/202402/12/2024

China Airlines (Taiwan) has expanded its fleet with the addition of a new Airbus A321neo, identified by serial number 12078. The aircraft is equipped with advanced PW1133G-JM engines, providing enhanced efficiency and reliability for the airline’s regional and international routes.

Airlines | Bombardier | Delivery | Fleet | General Electric

SAS Takes Delivery of CRJ900 Operated by CityJet

ByAdmin 17/10/202417/10/2024

SAS (Scandinavian Airlines), based in Sweden, has taken delivery of a Bombardier CRJ900 aircraft, serial number 15240 (EI-GED), built in 2009.

Airbus | Airlines

Azul Returns A330-200 to Lessor Amid Fleet Renewal

ByAdmin 03/12/202405/12/2024

Azul (Brazil) has taken a strategic step in its fleet renewal program by returning one Airbus A330-200, identified by serial 494, to its lessor. This move is part of Azul’s efforts to modernize its long-haul operations and enhance operational efficiency.

Airlines | Merger

Alaska Air Group Unveils Strategic Plan Post-Hawaiian Airlines Merger

ByAdmin 11/12/202412/12/2024

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.

Airlines | Boeing | CFM International | Delivery | Fleet

American Airlines Adds New Boeing 737-8 to Fleet

ByAdmin 23/11/202426/11/2024

American Airlines, one of the leading carriers in the United States, has expanded its fleet with the delivery of a new Boeing 737-8, identified by serial number 44494. The aircraft is powered by LEAP-1B25 engines, known for their fuel efficiency and advanced performance capabilities.

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