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JetBlue CFO Predicts Peak AOG Due to GTF Engine Issues

JetBlue (US) is bracing for a peak in aircraft on ground (AOG) levels within the next one to two years as it continues to deal with the Pratt & Whitney GTF engine issues affecting its fleet. CFO Ursula Hurley has stated that the airline expects the number of grounded aircraft to rise into the mid-to-high teens in 2025, further stressing JetBlue’s operational and financial outlook.

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HK Express Faces Continued A320neo Groundings in 2025

HK Express (Hong Kong) anticipates that ongoing issues with its Pratt & Whitney (P&W)-powered A320neo fleetwill continue to impact operations through 2025. The airline reported that in 2024, an average of 5.6 A320neos were grounded at any given time due to issues with the P&W GTF engines.

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airBaltic and SUA Lineas Aereas Partner on A220-300 Wet Lease

airBaltic (Latvia) has entered a strategic partnership with SUA Lineas Aereas (Uruguay), expanding its leasing operations into South America. As part of the agreement, airBaltic plans to wet lease up to five Airbus A220-300 aircraft to SUA starting October 2025, marking an important step in its ACMI (Aircraft, Crew, Maintenance, and Insurance) leasing strategy.

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Airbus Pauses CityAirbus NextGen eVTOL Development

Airbus has announced a pause in the development of its CityAirbus NextGen electric vertical takeoff and landing (eVTOL) aircraft, citing a reassessment of the business case and technological requirements. The decision marks a strategic shift as the company evaluates the evolving urban air mobility (UAM) market before proceeding with further investments.

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Cathay Pacific Opens Widebody Aircraft Bid

Cathay Pacific, the flagship carrier of Hong Kong, has officially launched a bidding process to acquire new widebody aircraft, with the Airbus A350, Boeing B787, and B777X competing for the order. While the final number of jets to be procured has not been confirmed, this development highlights Cathay Pacific’s commitment to modernizing its fleet.