China Southern Airlines has issued a Request for Proposals (RFP) to qualified purchasers for the sale of 10 owned Boeing 787-8 aircraft and two GEnx-1B70/P2 spare engines. The aircraft and engines are scheduled for delivery to successful bidders during 2025 and 2026. The deadline for submitting bids is November 25, 2024.
TAP Air Portugal, the nation’s flag carrier, is garnering significant attention ahead of its planned privatization in 2025. Among the interested parties is Humberto Pedrosa, a former shareholder and influential figure in TAP’s history, who has expressed readiness to reinvest in the airline.
airBaltic has announced a delay in its initial public offering (IPO) plans, now aiming for the first half of 2025 at the earliest. According to CEO Martin Gauss, the airline requires favorable market conditions to proceed with the listing successfully.
Azul, the Brazilian airline, has updated its fleet expansion plans for 2025, which include the delivery of additional A330-900 aircraft directly from its orderbook in December 2025. The carrier also expects 12-15 Embraer E2 jets to arrive throughout the year, though some of these deliveries may slip into early 2026. Overall, Azul projects a 10% increase in capacity in 2025, signaling a significant step…
CAE has announced that its President and CEO, Marc Parent, will be leaving the company at its Annual General Meeting in August 2025. Parent’s departure is part of an ongoing succession plan designed to ensure a smooth leadership transition for the Canadian aerospace and training company. Parent has been a pivotal figure in CAE’s growth and innovation, leading the company through transformative…
Vietnam Airlines has announced plans to issue Requests for Proposals (RFPs) to aircraft manufacturers in 2025 as it looks to purchase 50 narrowbody jets to modernize and expand its fleet. The airline’s long-term vision includes acquiring a total of 170 new aircraft by 2035, marking a significant fleet expansion to support its strategic growth and meet rising demand in the region. This move…
Air India Express (AIX), a subsidiary of the Air India Group, is actively expanding its network to strengthen connectivity between smaller cities and towns and major metropolitan areas across India. Leveraging synergies within the Air India Group, AIX aims to enhance both domestic and international travel options, catering to underserved routes and offering new direct connections. This ambitious…
SpiceJet, one of India’s prominent low-cost carriers, has announced plans to commence seaplane operations in 2025, offering flights on 20 routes across India. Key destinations include Lakshadweep, Hyderabad, Guwahati, and Shillong, with the seaplane service designed to enhance connectivity to remote and water-bound regions. This initiative marks a unique expansion for SpiceJet as it taps into the seaplane sector, aiming to provide travelers with…
Avion Express Brasil has reached a significant milestone in its journey to operational launch by successfully completing the 4th stage in the process of obtaining its Air Operator Certificate (AOC) from Brazil’s civil aviation authority. With this progress, the airline anticipates starting commercial operations by the very beginning of 2025. This latest advancement brings Avion Express Brasil closer to becoming a…
Lufthansa, Germany’s flagship airline, is intensifying its efforts to raise liquidity by the end of 2024 through the sale/leaseback (SLB) of an additional nine A320neo and A321neo aircraft. This financial strategy allows Lufthansa to free up cash while retaining operational use of these aircraft, supporting the airline’s liquidity needs amidst ongoing market pressures. Lufthansa has previously employed this approach, raising $247 million during…
