Air India CEO Campbell Wilson anticipates that the global shortage of aircraft, which is currently hampering airline growth worldwide, will continue for at least the next four to five years.
Air Astana Group, based in Kazakhstan, announced plans to expand its total fleet to 63 aircraft by the end of 2025 and has extended its guidance to reach 84 aircraft by the end of 2029. This fleet expansion aligns with the airline’s strategy of simplification and operational efficiency amid ongoing global supply chain challenges.
CALC (China Aircraft Leasing Group Holdings Ltd), based in Hong Kong, reported impressive financial results for 2024, demonstrating significant growth with total revenue increasing by 9.2% to US$669.5 million and profit attributable to shareholders rising dramatically by 809% to US$33.1 million.
Aegean Airlines has announced robust financial results for 2024, showcasing a consolidated revenue increase of 5% to $1.93 billion and net income of $141.3 million, underlining sustained growth in passenger demand and robust operational management.
Air Transport Services Group (ATSG) (US) has taken redelivery of its first Airbus A330-300P2F, serial 356, marking a milestone in the company’s expanding freighter fleet. The aircraft is set to be leased through ATSG’s subsidiary, Cargo Aircraft Management (CAM), which specializes in freighter leasing solutions.
Garuda Indonesia has announced plans to acquire up to 100 new aircraft from Boeing and Airbus by the end of 2025, as disclosed by Deputy Minister of Industry Faisol Riza at an event in Jakarta. This expansion is intended to strengthen Indonesia’s commercial aviation sector, aligning with the growth of the national aerospace industry.
RwandAir has secured a wet lease agreement for an Airbus A330-200, serial 493, from GullivAir (Bulgaria) to cover operational needs through April 2025. This temporary lease arrangement comes as RwandAir’s own A330-200s undergo scheduled maintenance, ensuring uninterrupted long-haul services for the airline.
China Southern has expanded its fleet with the addition of an Airbus A321neo, serial 12467, powered by CFM International LEAP-1A32 engines. This latest acquisition strengthens the airline’s commitment to modernizing its fleet with fuel-efficient and high-performance aircraft.
Bulgaria Air has taken delivery of a new Airbus A220-300, serial 55325, powered by Pratt & Whitney PW1500G engines. This latest addition aligns with the airline’s fleet modernization strategy, enhancing fuel efficiency, passenger comfort, and operational flexibility.
Airbus has officially submitted a bid in a tender to supply 84 passenger aircraft to LOT Polish Airlines, proposing both the A220-100 and A220-300 variants as part of the airline’s fleet renewal and expansion program.
