Sriwijaya Air, a leading Indonesian carrier, has expanded its fleet with the delivery of a Boeing 737-800, identified by serial number 29676. The aircraft is on wet lease from BBN Airlines Indonesia and is powered by CFM56-7B26 engines.
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Marabu, an Estonian-based carrier, has announced plans to close its Munich base in summer 2025 as part of a strategic shift to manage rising operational costs and address challenges related to wet-leased aircraft availability. The airline will also scale back flights from Stuttgart and Cologne while concentrating its operations on Hamburg, Leipzig/Halle, and Nuremberg.
Air New Zealand has reported a net profit of $126 million for the financial year ending June, representing a decline from the $146 million achieved in the prior year. The fall in profitability was driven largely by prolonged engine maintenance challenges, which left as many as 11 aircraft grounded at peak times, significantly straining operations and highlighting the central role of engine…
Airlines for America (A4A) President and CEO Nicholas Calio has announced his decision to retire at the end of 2025. Under Calio’s leadership, A4A has been instrumental in advocating for the U.S. airline industry, focusing on policy, regulatory advancements, and sustainability initiatives. Calio, who has led A4A since 2011, is widely recognized for his efforts in strengthening the…
Norwegian, the low-cost carrier based in Norway, has confirmed that it will repay half of the $115 million convertible loan previously granted by the Norwegian government. The remaining balance of the loan will be converted into equity, effectively leaving the State with a 6.37% ownership stake in the airline.
Southwest Airlines has announced the appointment of Rakesh Gangwal as the new independent Chair of its Board of Directors. This significant leadership change comes as part of the airline’s broader governance efforts to enhance oversight and strategic guidance. The appointment of Gangwal, a respected figure in the aviation industry, underscores Southwest’s commitment to strengthening its…
interCaribbean Airways, based in the Turks & Caicos, has announced the acquisition of eight Embraer E170 aircraft formerly operated by EgyptAir Express. The transaction is backed by financing from Investec, a UK-based specialist bank and asset manager. In addition to funding the acquisition, Investec is also providing refinancing for five ATRscurrently in interCaribbean’s fleet.
