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Bamboo Airways Adds New A320 to Fleet, Plans Growth by 2025

ByAdmin

Bamboo Airways, a leading airline based in Vietnam, has strengthened its fleet with the recent addition of an Airbus A320 aircraft, designated 4692. This new aircraft arrives just in time for the year-end peak travel season, bolstering Bamboo Airways’ capacity to meet the anticipated surge in passenger demand. The delivery aligns with Bamboo’s strategic growth plan, which envisions…

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Air China Receives C919 Aircraft Powered by LEAP-1C30 Engines

ByAdmin

Air China has expanded its fleet with the addition of a C919 aircraft, serial number 00021, marking a significant milestone for the Chinese aviation sector. This delivery showcases China’s ambitions in aircraft manufacturing and Air China’s commitment to diversifying its fleet with domestically produced models. The C919, manufactured by Commercial Aircraft Corporation of China (COMAC), is poised to compete…

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Aergo Capital Acquires A321 Aircraft Leased to Wizz Air

ByAdmin

Aergo Capital, a prominent Irish aircraft leasing firm, has acquired an Airbus A321-200 aircraft, with serial number 6976, from an investor customer of FPG Amentum, also based in Ireland. The aircraft, currently leased to Wizz Air, a low-cost airline headquartered in Hungary, marks a strategic addition to Aergo Capital’s growing portfolio. This acquisition aligns with Aergo Capital’s objectives to expand…

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VSE Reports 18.3% Revenue Growth in 3Q 2024, Net Income Decline

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VSE Corporation, a prominent U.S.-based provider of aftermarket distribution and MRO (maintenance, repair, and overhaul) services, announced a strong performance for the third quarter of 2024. The company reported an 18.3% increase in total revenue, bringing its quarterly earnings to $273.6 million. This growth is attributed to expanded demand in VSE’s aviation, fleet, and federal services segments,…

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Spirit AeroSystems Posts 2% Revenue Increase in 3Q 2024

ByAdmin

Spirit AeroSystems, a leading U.S.-based aerospace manufacturer specializing in aerostructures, has reported a modest 2% increase in revenues for the third quarter of 2024, totaling $1.47 billion. This growth comes amid ongoing challenges in the aerospace sector, highlighting the company’s resilience and demand for its components, especially in commercial aviation. However, Spirit AeroSystems also reported…

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SpiceJet’s Credit Rating Upgraded to Stable by Acuite

ByAdmin

SpiceJet, one of India’s low-cost carriers (LCC), has received positive news from Acuite Ratings & Research, an Indian credit rating agency. Acuite has upgraded SpiceJet’s credit outlook to “stable,” a notable improvement given the challenges faced by many airlines in recent years. The credit agency has assigned SpiceJet a long-term rating of B+ and a…

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airBaltic Receives 49th Airbus A220-300, Strengthening Fleet in 2024

ByAdmin

airBaltic, Latvia’s national airline, has expanded its fleet with the delivery of its 49th Airbus A220-300. The aircraft, identified by serial number 55308, is the third A220-300 to be added to airBaltic’s fleet in 2024, reflecting the airline’s commitment to fleet modernization and regional expansion. The A220-300, known for its efficiency and passenger comfort, has…

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Air Astana Group Expands Fleet to 57 Aircraft and Accelerates E2 Redelivery

ByAdmin

Air Astana Group, Kazakhstan’s national airline, has reported accelerated fleet growth, expanding from 49 aircraft at the close of 2023 to 57 aircraft as of this year. This expansion came ahead of schedule as part of Air Astana’s strategic response to operational demands and future growth plans. The airline has also adjusted its redelivery timeline…

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Congo Airways to Resume Operations with First Flight on November 10, 2024

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Congo Airways has officially announced that it will resume operations, with its first flight scheduled to take off on November 10, 2024. This marks a significant milestone for the national carrier of the Democratic Republic of the Congo, as it re-establishes its presence in the aviation market and aims to meet the travel needs of…

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Aurigny Fleet Review Finds No Management Negligence, Confirms States Trading Supervisory Board

ByAdmin

Aurigny, the flag carrier airline of Guernsey, has received a positive assessment following a thorough 2024 review of its fleet and strategic decision-making by the States Trading Supervisory Board (STSB). The findings conclude that there is “no evidence of negligence or gross misjudgment by management,” confirming the airline’s commitment to sound operational practices and prudent…