Sumisho Air Lease Appoints Executive Management Team as it moves closer to completing the acquisition of Air Lease Corporation, a transaction expected to close in the first half of the year.
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Wizz Air is preparing to welcome a new addition to its growing single-aisle fleet, drawing industry attention to its focused expansion strategy with the latest generation aircraft.
Alaska Air Group has appointed Shelly Parker as the new head of Hawai‘i guest operations for both Alaska Airlinesand Hawaiian Airlines, marking a key leadership move as the two carriers continue their integration process. Parker will also join the company’s Honolulu leadership team, strengthening local oversight of operations in Hawai‘i.
Kwon Do-gyun, CEO of Sirius Airlines, a South Korean carrier, has been sent to prosecution on charges of failing to pay wages to employees for a period of 8 months. This development has brought significant attention to the airline’s labor practices and financial management.
Kenya Airways is implementing a series of cost-control initiatives designed to improve fiscal sustainability, with a primary focus on mid-life aircraft upgrades, fuel-efficiency retrofits, and the adoption of more flexible lease terms. Acting Chief Financial Officer Mary Mwenga shared these insights as the airline adapts to shifting market dynamics and seeks to enhance competitiveness.
In a strategic move to bolster transparency and rebuild investor trust, Capital A Berhad, the parent company of AirAsia, has declared its intention to publish internal business targets in conjunction with its quarterly financial disclosures. This decision reflects the company’s commitment to providing stakeholders with a clearer understanding of its financial trajectory and operational objectives.
Avolon, one of the world’s largest aircraft leasing companies based in Ireland, has reported a highly active first quarter of 2025, marked by robust acquisition, sales, and placement activity. The company acquired 115 aircraft, sold 34 aircraft, and ended the quarter with 66 aircraft agreed for sale, underscoring the strength of demand and fleet turnover in the leasing market.
