IndiGo (India) has entered into a wet lease agreement with Freebird Airlines (Turkiye) for four Airbus A320 aircraft. The aircraft, identified by serial numbers 4658, 3514, 3852, and 5906, will bolster IndiGo’s operational capacity during high-demand periods, ensuring the airline can maintain its extensive domestic and international route network.
Air Changan, a regional carrier based in China, has taken delivery of a Boeing 737-800 with serial number 38156. The aircraft is powered by CFM56-7B24E engines, renowned for their fuel efficiency and reliability, making it a valuable addition to the airline’s growing fleet.
Icelandair achieved a new milestone in 2024, transporting a record 4.7 million passengers, marking a 9% increasecompared to 2023. This significant growth reflects the airline’s ongoing recovery and expansion efforts in the competitive international aviation market.
Maldivian, the national carrier of the Maldives, has taken delivery of its first Airbus A330-200, with serial number 1161. The aircraft, acquired on lease, is powered by CF6-80E1A3 engines and marks a significant milestone in the airline’s fleet expansion and operational growth.
Skyward Aviation Insights proudly introduces its founder and CEO, Aaron Bricker, a seasoned aviation professional with over 25 years of experience across global aviation enterprises. Aaron’s remarkable journey from a senior executive to the cornerstone of Skyward is a testament to his dedication to driving transformative business scaling strategies and operational excellence.
Air Canada has unveiled its 2028 financial targets, outlining ambitious goals that include achieving US$21 billion in operating revenues, a minimum adjusted EBITDA margin of 17%, and approximately 5% free cash flow margin. These targets highlight the airline’s focus on long-term profitability and sustained financial growth.
Vietnam Airlines has announced plans to convene an extraordinary meeting on January 21, 2025, where shareholders will discuss a proposal to issue new shares. The initiative aims to raise funds to increase the airline’s charter capital, with a maximum scale equivalent to approximately $867 million.
Cargojet (Canada) has announced its intent to secure federal funding for the development of a new aircraft Maintenance, Repair, and Overhaul (MRO) facility in Ontario. The facility is designed to support Cargojet’s fleet of 41 Boeing 757 and 767 freighters, while also providing services to other airlines and operators.
Garuda Indonesia, the national flag carrier of Indonesia, has announced plans to expand its fleet by adding 15-20 aircraft in 2025. This ambitious move reflects the airline’s strategy to strengthen its operations and meet the rising demand for air travel in both domestic and international markets.
Air India has officially disclosed its latest orders for 100 Airbus aircraft, including 10 A350s and 90 A320 Family jets, further bolstering its fleet expansion plans. The announcement underscores Air India’s strategic focus on modernizing its fleet and scaling its operations to meet growing passenger demand.
