Starlux Airlines, the Taipei-based premium carrier, has unveiled ambitious plans to significantly grow both its passengerand freighter fleets over the next four years. By 2027, the airline aims to operate 48 passenger aircraft, while its cargo division is projected to reach 10 dedicated freighters by 2029.
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Air Transport Services Group (US) (ATSG) has announced plans to increase its Airbus freighter leasing portfolio in 2025, preparing to introduce up to four A330-300P2Fs (Passenger-to-Freighter conversions) and five A321-200PCFs into its leasing program. This move underscores ATSG’s commitment to expanding its cargo aircraft offerings amid growing demand for converted narrowbody and widebody freighters.
American Airlines (US) has been found to have violated federal law by allocating employee retirement funds to investment companies that offer Environmental, Social, and Governance (ESG) products, according to a recent court ruling. The decision marks a significant victory for critics of ESG-focused investment strategies, who argue that such practices prioritize progressive ideologies over financial returns.
Volotea, a Spanish low-cost airline, is on track to achieve substantial growth by the end of 2024, with a projected 12 million passengers transported. For the first nine months of the year, Volotea reported a 14.5% increase in sales, reaching $640 million, while EBITDA rose 21% to $129 million. The airline’s robust performance reflects its strong market position and expanding route network within…
Polish Aviation Group (PGL), the state-owned holding company overseeing LOT Polish Airlines and other aviation-related subsidiaries, has appointed Radoslaw Stepien as its new chief executive officer, replacing Michal Fijol.
Egypt-based carrier Nesma Airlines has officially taken delivery of an Airbus A320, bearing serial number 3135, on lease and powered by dependable CFM International CFM56-5B4/P engines. This aircraft acquisition supports Nesma Airlines’ continued fleet growth and operational expansion strategy.
Hong Kong Airlines has expanded its fleet with the addition of a leased Airbus A320, a move that underscores the airline’s continued focus on operational efficiency and enhanced connectivity. The aircraft, identified by its serial number 5156, is powered by the V2527-A5 engines, known for their reliability and fuel efficiency.
