SWISS International Air Lines has signed a Total Component Support (TCS) agreement with Lufthansa Technik (Germany) for its Airbus A350 aircraft. These A350s are scheduled to join SWISS’s long-haul fleet starting in 2025.
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CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (CDB Leasing), has announced the successful completion of a mandate to sell eight Airbus A330-200 aircraft. This transaction underscores CDB Aviation’s robust asset management capabilities and its commitment to delivering tailored solutions for its stakeholders.
TrueNoord (Netherlands) has completed the acquisition of seven ATR72-600 aircraft from GOAL Aircraft Leasing (Germany). These aircraft are currently on lease to prominent European carriers, further strengthening TrueNoord’s regional aviation portfolio.
Spirit Airlines, a prominent ultra-low-cost carrier in the United States, has announced that it still expects shareholders will be wiped out as the airline progresses with its restructuring deal. The plan includes transferring control of the airline to its bondholders, marking a significant shift in its ownership structure.
Aerolineas Argentinas has announced plans to retire a significant portion of its Boeing 737-700 fleet starting in January 2025, with the process expected to span 12 months. This decision comes as several leasing contracts for these aircraft approach their expiration. The retirement plan will impact multiple 737-700s, marking a shift in Aerolineas Argentinas’ fleet strategy as the airline looks…
Fly2Sky, a Bulgarian ACMI (Aircraft, Crew, Maintenance, and Insurance) provider, has secured a new contract with TUI Group, Germany’s leading tourism company, for the summer 2025 season. Under this agreement, Fly2Sky will operate four aircraft on behalf of TUI, enabling TUI to meet anticipated demand across its European network. This arrangement will support TUI’s strategy…
IAG (International Airlines Group), based in the UK, has indicated that its low-cost subsidiary Level, headquartered in Spain, could consider launching flights to Asia in the future. However, according to IAG, the current market conditions are not suitable for such an expansion. While IAG has not ruled out the possibility, it has emphasized that the decision will depend on improvements…
