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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.

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Korean Air Introduces A350 Scheduled Service

Korean Air has launched its first scheduled service with the Airbus A350, operating on routes between Seoul Incheon International Airport and the Japanese cities of Fukuoka and Osaka Kansai. The service is available from January 27, 2025, to March 29, 2025, marking a significant milestone in the airline’s fleet operations.

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Emirates President Advocates for Modernized A380

Tim Clark, president of Emirates, has reaffirmed his belief in the Airbus A380 as a “compelling” aircraft for certain airlines, emphasizing its unique capacity and operational advantages. Clark has also suggested that a modernized versionof the A380 could be up to 25% more fuel-efficient, making it a viable option for future operators.

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DAE to Sell Seven Aircraft to K2 Aviation and Provide Asset Servicing

Dubai Aerospace Enterprise (DAE), based in the United Arab Emirates, has announced a definitive agreement with K2 Aviation of Ireland to sell seven aircraft from its portfolio. These aircraft, consisting of both Airbus and Boeingmodels, are currently on lease to six different airline customers.

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American Airlines Plans International Fleet Expansion to 200 Aircraft

American Airlines, one of the largest carriers in the United States, has announced plans to expand its international fleetfrom 120 aircraft to 200 by 2029. A significant portion of this growth will come from the addition of 40 Airbus A321XLRs, underscoring the airline’s strategy to enhance long-haul capabilities.

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China Eastern Adds A321neo and A320neo to Fleet

China Eastern Airlines, one of China’s leading carriers, has expanded its fleet with the delivery of two state-of-the-art aircraft: an Airbus A321neo, identified by serial number 12312, and an Airbus A320neo, identified by serial number 12387. The A321neo is powered by LEAP-1A32 engines, while the A320neo is equipped with LEAP-1A26 engines, both manufactured by CFM International.