Air Peace, Nigeria’s largest airline, has further strengthened its fleet by wet leasing an additional Airbus A320 aircraft from SmartLynx Airlines, based in Latvia. This aircraft, with serial number 3954, is part of Air Peace’s strategy to enhance its capacity and improve its service offerings across its network.
Southwest Airlines has announced plans to end its fuel hedging policy, marking a major shift in the airline’s financial strategy. The carrier has been one of the few remaining US airlines actively engaged in the oil derivatives market, historically using fuel hedging as a key tool to protect against fuel price volatility.
Ryanair, Europe’s largest low-cost airline, has announced plans to suspend and reduce the number of flights at seven airports in Spain. The decision comes in response to what Ryanair describes as excessive fees imposed by Aena, the state-owned airport operator.
Fly2Sky Airlines (Bulgaria) has announced the appointment of Oleg Novikov as its new Chief Operating Officer (COO). This strategic addition to the airline’s executive team highlights Fly2Sky’s focus on strengthening its operational capabilities as it continues to expand its market presence. With extensive experience in aviation operations, Novikov is expected to play a critical role in enhancing Fly2Sky’s operational…
Bees Airlines (Romania) has had its Air Operator Certificate (AOC) suspended by the Romanian Civil Aviation Authority (CAA) following the abrupt cancellation of all scheduled commercial flights. The suspension of the AOC marks a significant setback for Bees Airlines, halting its operations and raising concerns about its future viability. This decision by the Romanian CAA underscores the regulatory body’s commitment…
Azul (Brazil) has announced the suspension of flights at nine bases across the states of Ceara, Piaui, Maranhao, and Rio Grande do Norte. This decision also affects the operations of the airline’s subsidiary, Azul Conecta, as part of a broader operational adjustment.
Israel’s Aviation Services Law amendment, which aims to reduce passenger compensation, has successfully passed its first reading in the Knesset. This legislative change is viewed as a favorable move by international airlines, many of which have been hesitant to resume flights to Israel due to the stringent compensation rules currently in place.
Transavia (Netherlands) has announced plans to incorporate two additional reserve planes into its fleet in 2025 to mitigate potential capacity problems. This proactive measure aims to ensure that the airline can operate its full schedule without disruptions, even during peak periods or unforeseen circumstances.
Royal Flight (Russia) has announced the transfer of its final Boeing 757-200 to AZUR air (Russia). This marks the completion of Royal Flight’s aircraft fleet transition, as the airline’s plans to resume operations remain uncertain.
Mexicana has announced significant changes to its wet-leasing contract with TAR Aerolineas, a move that includes the cancellation of several routes. The agreement, which involves the leasing of three ERJ145 aircraft, may even be fully terminated after Mexicana reported substantial annual losses.
