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I Fly Triples Q1 Revenue Amid A330 Wet Lease To Aeroflot

ByAdmin

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…

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WestJet Explores Subleasing Opportunities for B737-800BCF Aircraft

ByAdmin

WestJet, a prominent Canadian airline, is actively considering opportunities to sublease some of its Boeing 737-800BCF(Boeing Converted Freighter) aircraft. This strategic move aims to maximize the value and utilization of its freighter fleet amid fluctuating demand in cargo operations.