Surf Air Mobility, a U.S.-based regional air travel and electric aviation company, has announced that Sudhin Shahani, its Co-Founder and Board Member, has made a significant equity purchase directly from the company. The transaction, valued at approximately $1 million, involved the acquisition of 408,163 shares of common stock at market price.
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EnComm Aviation, a startup cargo carrier based in Kenya, has officially received its Air Operator Certificate (AOC)from the Kenya Civil Aviation Authority (CAA), clearing the regulatory path for commercial flight operations. The company has also confirmed its intention to introduce ATP freighters into its fleet, targeting underserved regional cargo markets.
Airbus is employing a strategic delivery route for a new A350 aircraft destined for Delta Air Lines, opting to send the aircraft from Toulouse to Tokyo before its final delivery to the United States. The decision comes amid ongoing trade tensions and tariff risks between the European Union and the United States.
Natixis Corporate & Investment Banking (CIB) (France) has provided financing for the acquisition of ten LEAP-1B engines by Phoenix Aviation Capital (Ireland) and AIP Capital (US). These engines are scheduled for delivery in 4Q 2024 and will be leased to a maintenance, repair, and overhaul (MRO) provider.
Pegasus Airlines, based in Turkiye, has taken delivery of a new Airbus A321neo, identified by serial number 12124. The aircraft is powered by LEAP-1A32 engines, manufactured by CFM International, further enhancing the carrier’s commitment to operational efficiency and sustainability.
Ryanair CEO Michael O’Leary is set to receive shares worth an impressive $111 million as part of a performance-based incentive program. The payout comes after the company met a significant performance target, signaling the airline’s robust operational and financial health despite industry challenges.
Dubai Aerospace Enterprise (DAE), based in the UAE, has successfully delivered the sixth and final Boeing B737 MAX family aircraft to Aeromexico. This delivery marks the completion of DAE’s current mandate with the airline, which included three B737-8 and three B737-9 aircraft.
