Vietnam Airlines has received official shareholder approval to increase its charter capital by $347.1 million, forming a central component of its strategic long-term plan. The capital infusion will support the acquisition of 50 new aircraft, significantly strengthening the airline’s competitive position in both domestic and international markets.
Mitsubishi UFJ Financial Group, Japan’s largest financial institution, has announced the successful closing of a $52.3 million upsize in financing for Viva, a prominent low-cost carrier based in Mexico. The expanded credit line is intended to fund the acquisition of two additional Airbus A321 aircraft, further enhancing Viva’s fleet modernization and growth strategy.
airBaltic has released its financial results for the first quarter of 2025, showing a relatively stable revenue performance alongside a notable improvement in profitability. The Latvian flag carrier posted revenues of $148.6 million, reflecting a marginal 0.3% increase compared to the same period in the previous year. Despite minimal revenue growth, the airline demonstrated considerable cost management and operational…
Croatia Airlines has taken delivery of a new Airbus A220-300, serial number 55350, from U.S.-based lessor Azorra, marking the sixth A220 aircraft to join its fleet. This delivery is the first of three aircraft the airline is scheduled to receive from Azorra by 2026, as part of a comprehensive plan to overhaul and modernize its narrowbody fleet.
United Airlines has been officially identified as the customer behind a previously undisclosed order for 40 Airbus A321neo aircraft, with deliveries scheduled to begin after 2030. The revelation adds clarity to Airbus’s backlog and underscores United’s continued commitment to fleet renewal and capacity expansion.
Turkish Airlines has become the first airline globally to utilize the Sompo AXIS Aviation Finance Insurance product to finance its new aircraft, signaling a unique innovation in aviation financing. The carrier applied the solution to the acquisition of two aircraft: one Airbus A350-900 and one Airbus A321neo.
SkyUp Europe, based in Malta, has expanded its operations with the delivery of one Airbus A321neo, serial 8008, via a wet lease agreement with PLAY Europe. The aircraft is powered by LEAP-1A32 engines manufactured by CFM International.
GlobalX, a U.S.-based charter and ACMI operator, has announced plans to expand its fleet to 35 aircraft by the end of 2027. The carrier’s fleet strategy includes a mix of Airbus A319 and A320 aircraft, with a schedule of deliveries and returns occurring throughout 2025.
EFW (Elbe Flugzeugwerke), based in Germany, has completed the delivery of its first A330P2F (Passenger-to-Freighter conversion) for Air Transport Services Group (ATSG). The converted freighter has been handed over to ULS Airlines Cargo, a Turkish cargo operator, marking a major milestone in the ongoing 30-aircraft conversion agreement between EFW and ATSG.
Drukair, the national airline of Bhutan, has officially signed a Letter of Intent (LOI) with SMBC Aviation Capital, a leading aircraft leasing firm based in Ireland, to lease a brand new Airbus A320neo. This agreement signals Drukair’s ongoing commitment to fleet renewal and network modernization.
