Beond, a luxury airline based in the Maldives, has announced plans to expand its fleet to 27 aircraft within the next four years. By 2028, the carrier aims to operate flights to 54 destinations across 39 countries, reflecting its ambitious growth strategy to establish a significant presence in the global aviation market.
Air Canada has announced its plan to transfer its B737 MAX fleet to its low-cost subsidiary, Air Canada Rouge, by 2028. This strategic move aims to streamline Rouge’s operations by eventually consolidating the unit to a single fleet type, enhancing operational efficiency and reducing costs. Meanwhile, the mainline Air Canada unit still has 12 more B737 MAX aircraft on order, ensuring continued modernization and…
Air Nostrum (Spain) has announced its inability to meet upcoming debt repayment deadlines, prompting discussions with the Sociedad Estatal de Participaciones Industriales (SEPI) and the Instituto de Crédito Oficial (ICO). The airline faces significant financial obligations, including substantial repayments spread over the coming years.
Avolon (Ireland), a leading global aircraft leasing company, has announced a significant enhancement to its unsecured revolving credit facility. The facility, backed by a syndicate of 25 banks, has been upsized by $1 billion, bringing the total to $5.8 billion, and its maturity date has been extended by two and a half years, from April 2026 to October 2028.
EgyptAir Holding Company, under the leadership of chairman Yehia Zakaria, has unveiled ambitious plans to expand its fleet to 125 aircraft over the next five years. The airline’s growth strategy aligns with its target to serve 22 million passengers annually by 2028.
Etihad Airways, the national carrier of the United Arab Emirates, has exercised its option to acquire three additional Airbus A350F freighters, bringing its total order to 10 aircraft. This move aligns with Etihad’s ambitious plans to expand its cargo operations significantly over the next five years.
Beond, a luxury boutique airline based in the Maldives, has outlined ambitious expansion plans to grow its fleet to six jets by 2025 and further expand to 27 aircraft by 2028. The fleet will include Airbus A320neo models, reflecting the airline’s focus on modern, fuel-efficient aircraft.
AEI Aeronautical Engineers (US) has announced that its client, Allied Air of Nigeria, has taken ownership of a second AEI B737-800SF, identified by serial number 30146. The acquisition was finalized through a third-party transaction, reinforcing Allied Air’s commitment to expanding its freighter capacity. Allied Air, a leading cargo carrier in Nigeria, aims to grow its fleet of AEI-converted B737-800SF freighters to…
Aeroflot, Russia’s largest airline, is actively seeking a tour operator partner to establish a long-term agreementspanning from December 2024 to March 2028. This partnership aims to enhance Aeroflot’s tourism offerings by aligning with a dedicated operator to handle travel packages and associated services, positioning the airline to cater to the rising demand for organized tours and vacation travel. With…
