GTLK Europe, the Ireland-based aircraft leasing company, has formally denied allegations of liability made by Qatar Airways Group in a legal counterclaim valued at $155 million. The dispute centers on two Airbus A330 aircraft that were reportedly grounded following the onset of Russia-related sanctions and ownership complexities.
I Fly Airlines (Russia) has reported a significant threefold increase in revenue for the first quarter of 2025, reaching over US$23 million, largely driven by the ongoing wet lease of three A330 aircraft to fellow Russian carrier Aeroflot. This leasing arrangement has provided a stable revenue stream for I Fly and underscores the growing interdependence between carriers in the Russian market as…
CTS Engines, a U.S.-based engine maintenance provider specializing in mature engine platforms, has been selected by GE Aerospace as an official offload partner for MRO support of the CF6-80E1 engine, which powers the Airbus A330. The partnership strengthens GE’s global maintenance network and reinforces CTS’s position as a trusted provider for widebody engine services.
EPCOR, a subsidiary of the Dutch aerospace group AFI KLM E&M, specializing in Auxiliary Power Unit (APU) services, and Finnair, the flag carrier of Finland, have agreed to extend their maintenance contract for an additional five years. This agreement covers the GTCP331-350 APUs installed on Finnair’s fleet of Airbus A330 aircraft.
Vietjet (Vietnam) and Satair (Denmark) have entered into a multi-year partnership for Satair’s Integrated Material Services (IMS), covering spare parts and material support for Vietjet’s entire Airbus A320 and A330 fleet. This collaboration will enhance fleet reliability, maintenance efficiency, and operational cost management for the airline.
SriLankan Airlines CEO Richard Nuttall is exploring refinancing options to restructure the airline’s debt, which would serve as a preliminary step before any A330 fleet renewal. The carrier is also considering doubling its total fleet size to 50 aircraft, signaling a potential long-term expansion strategy.
Hi Fly Malta has expanded its widebody fleet with the delivery of an Airbus A330-200, acquired on lease. The aircraft, bearing serial number 1283, is powered by CF6-80E1A4 engines, providing enhanced performance and efficiency.
World2Fly, a Spanish airline specializing in long-haul travel, has announced plans to expand its fleet with the addition of its seventh aircraft, an Airbus A330, in March 2025. This new addition is aimed at reinforcing the airline’s long-distance flight operations.
TP Aerospace, a Denmark-based provider of aircraft wheel and brake maintenance, has strengthened its collaboration with Maldivian, the national airline of the Maldives, by extending its Cycle Flat Rate Program to include the carrier’s newly added A330 fleet. This innovative partnership offers a full-service, all-inclusive, and plug-and-play solution for Maldivian’s expanding operations.
SriLankan Airlines has embarked on a strategic five-year corporate plan to rejuvenate its operations, positioning itself for a stronger future in the aviation industry. As part of this revitalization, the airline has expanded its fleet to 25 aircraftby early 2025, with ambitions to reach a total of 27 aircraft in the coming months. The addition of three new aircraft highlights…
