Star Air Plans 25-Aircraft Fleet with New E175s by 2027

ByAdmin 05/11/202407/11/2024

Star Air, a regional airline based in India, has set an ambitious goal to expand its fleet to 25 aircraft over the next 36 months. This strategic plan includes the addition of Embraer E175 aircraft, with two new E175s expected by March 2025. The airline’s fleet growth will continue with four more E175s scheduled for delivery in fiscal 2026, followed by a further ten aircraft by the end of fiscal 2027. Star Air’s expansion supports its mission to increase connectivity across India and strengthen its presence in the regional aviation market.

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Airlines | Boeing | Delivery

Skymark Postpones B737-8 Deliveries to 2Q 2026 Due to Delays

ByAdmin 12/11/202413/11/2024

Skymark Airlines, based in Japan, has announced a delay in the start of delivery for six leased Boeing 737-8 aircraft, now expected to arrive after the first quarter of 2026 due to production delays. Despite this setback, Skymark’s plans to purchase an additional three B737-8s and three B737-10s for delivery in fiscal 2026-27 remain on schedule. The airline is actively managing its fleet strategy…

Stratos Delivers Two A320ceos to Turkish Airlines

ByAdmin 26/11/202428/11/2024

Stratos, a prominent aircraft investment specialist and asset manager, has delivered two Airbus A320ceos on long-term operating lease to Turkish Airlines. The delivery, announced on 25 November 2024, supports Turkish Airlines’ ongoing fleet expansion, further solidifying its position as the airline with the most extensive global network.

Airlines | Financial | Flag Carrier

Air Canada Announces 2028 Financial Targets

ByAdmin 18/12/202418/12/2024

Air Canada has unveiled its 2028 financial targets, outlining ambitious goals that include achieving US$21 billion in operating revenues, a minimum adjusted EBITDA margin of 17%, and approximately 5% free cash flow margin. These targets highlight the airline’s focus on long-term profitability and sustained financial growth.

Boeing to Support Nigeria’s Airlines with Aircraft Leasing Solutions

ByAdmin 30/10/202401/11/2024

Boeing is set to meet with Nigeria’s Minister of Aviation, Festus Keyamo, in January 2025 in Dublin to explore options for supporting Nigeria’s domestic airline sector through tailored aircraft leasing solutions. With the country’s air travel demand steadily rising, this collaboration aims to provide Nigerian carriers with improved access to modern fleets, essential for efficiency…

Airlines | Financial

Surf Air Mobility Plans to Reduce Equity Dilution

ByAdmin 12/12/202412/12/2024

Surf Air Mobility (US) has unveiled a strategic initiative to minimize potential equity dilution significantly. The company announced plans to reduce the number of shares registered by approximately 35.6 million, which is expected to result in a 90% decrease in potential future equity dilution.

Airbus | Airlines | Network

Air Arabia Egypt to Launch Alexandria–Taif Flight in February 2025

ByAdmin 09/12/202411/12/2024

Air Arabia Egypt has announced plans to launch a new route connecting Alexandria Borg el Arab Airport to Taif, Saudi Arabia, starting February 21, 2025. The flights will be operated using the airline’s reliable and efficient Airbus A320 aircraft.

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