FTAI Aviation, a U.S.-based aerospace company, is exploring the possibility of transforming its Montreal facility, FTAI Canada, into a V2500 engine maintenance and repair shop. The V2500 engine, widely used on Airbus A320 family aircraft, is manufactured by Pratt & Whitney, which is currently in discussions with FTAI about this potential expansion. If successful, this…
BBN Airlines Türkiye has announced the availability of two Airbus A320 aircraft for wet lease, or ACMI (Aircraft, Crew, Maintenance, and Insurance) operations, starting in November 2024. This offer presents an attractive solution for airlines and charter operators in need of additional capacity during high-demand periods or for covering seasonal route expansions.
Airbus has released its financial results for the first nine months of 2024, reporting consolidated revenues of $48.1 billion, a 5% year-on-year increase driven by strong commercial aircraft demand. This growth reflects continued recovery in the global aviation market, where Airbus recorded gross commercial orders totaling 667 aircraft, underscoring sustained demand from airlines looking to…
Aircraft asset manager Stratos has finalized the sale of four aircraft across three separate transactions, enhancing returns for its investors. The sales include two A320 aircraft sold to Avion Express, a 737-300F purchased by a Middle Eastern buyer, and a leased 777-300ER acquired by Altavair-managed investors. The A320s were transferred at lease expiration, while the…
Etihad Airways has announced a new service from Abu Dhabi to Al Alamein, Egypt, set to commence in July 2025. This twice-weekly service will make Etihad the first UAE airline to offer direct flights to the emerging resort destination on Egypt’s Mediterranean coast, a location known for its pristine beaches and proximity to historical sites….
China Express Airlines has expanded its international network by launching a new route connecting Tianjin, Jiamusi, and Khabarovsk, providing a direct link between China and Russia’s Far East. This new service began on October 29, 2024, and is operated three times a week using an Airbus A320. The addition aligns with China Express’s strategy to…
Airbus has outlined ambitious production targets for its commercial aircraft programs, setting goals to meet rising global demand. The A220 program aims for a monthly production rate of 14 aircraft by 2026, though profitability remains a challenge, as noted by Airbus executives. Meanwhile, the A320 Family is on track to reach a rate of 75…
United Nigeria Airlines is advancing its expansion strategy by securing new ACMI (Aircraft, Crew, Maintenance, and Insurance) leases with Fly2Sky and Marathon Airlines. Through these agreements, United Nigeria will add an Airbus A320 and an Embraer E190 to its fleet by November 2024. The A320 and E190 models are well-suited for short- and medium-haul routes,…
Starting December 16, 2024, Avianca will introduce a daily direct flight from Bogotá, Colombia, to Havana, Cuba, aiming to boost tourism and cultural connectivity between the two nations. The route, operated by A320 family aircraft, is expected to provide over 2,500 seats weekly, accommodating both leisure and business travelers. This new service allows easier access…
Jetstar Asia, based in Singapore, has recently taken delivery of an Airbus A320, serial number 5813, 9V-JSV, equipped with V2527-A5 engines. This addition marks a strategic move for the airline as it seeks to boost operational efficiency on its Southeast Asian routes. The V2527-A5 engines, known for their fuel efficiency and reliability, enable the A320…
