SR Technics (Switzerland) has announced its selection by Air India as the preferred partner for long-term maintenance support of the airline’s CFM56-5B/-7B engine fleet. This partnership highlights SR Technics’ expertise in engine maintenance and its commitment to delivering reliable solutions to global airlines.
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Ibom Air, Nigeria’s leading airline, has announced its strategic plan to transition to an all-Airbus A220 fleet as part of its expansion goals within Africa. This shift underscores the carrier’s commitment to modernizing its fleet and improving operational efficiency to meet growing passenger demand across the continent.
Vietjet (Vietnam) has successfully issued seven bonds in 2024, amounting to a total face value of $433 million. Each bond carries a 60-month term and offers an 11% annual interest rate, reflecting the company’s strategic move to bolster its financial foundation and support future growth initiatives.
Capital A, the parent company of AirAsia and several other subsidiaries, has taken a significant step in its recovery process by submitting its Proposed Regularization Plan to Bursa Malaysia Securities. This marks a pivotal move in the company’s journey to exit the Practice Note 17 (PN17) status, which is associated with financial distress.
Señor Air, a regional airline based in Cabo San Lucas, Mexico, has expanded its fleet with the acquisition of an Embraer ERJ-135 aircraft, identified by serial number 145361. This aircraft is equipped with AE3007A1P engines, known for their reliability and efficiency in regional flight operations.
Korean Air has launched its first scheduled service with the Airbus A350, operating on routes between Seoul Incheon International Airport and the Japanese cities of Fukuoka and Osaka Kansai. The service is available from January 27, 2025, to March 29, 2025, marking a significant milestone in the airline’s fleet operations.
Ryanair has announced the launch of a new direct route from Zagreb to Palermo, Italy, beginning March 30, 2024, and running through the summer season. Scheduled to operate on Tuesdays, Thursdays, and Sundays, the route will utilize the 180-seat Airbus A320 from Lauda Europe, Ryanair’s Austrian subsidiary.
