American Eagle, a regional airline under the American Airlines Group, has recently enhanced its fleet with the delivery of a new CRJ900 aircraft. This aircraft, bearing serial number 15401, is equipped with CF34-8C5 engines, known for their reliability and efficiency in regional jet operations.
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.
GetJet Airlines, a leading ACMI service provider based in Lithuania, has announced the acquisition of a long-term land lease at Vilnius International Airport (VNO) through an auction organized by Lithuanian Airports. The airline has obtained the rights to develop a 4,664-square-meter plot for a period of 40 years, where it plans to construct a state-of-the-art Maintenance, Repair,…
Kenya Airways, the flag carrier of Kenya, is currently in the process of seeking a strategic investor to aid in its financial recovery and future growth plans. This search is part of a broader strategy that includes completing a significant capital restructuring and enhancing liquidity to ensure sustainable operations.
United Airlines is significantly expanding its operations at its Houston hub by initiating the construction of a new Ground Service Equipment Maintenance Facility spanning 140,000 square feet, along with a state-of-the-art training facility. This development marks a substantial investment in the infrastructure and capabilities of United Airlines at one of its key operational bases.
Mammoth Freighters, a US-based company specializing in aircraft conversions, is actively exploring Maintenance, Repair, and Overhaul (MRO) facilities across Asia as potential sites to expand its B777 freighter conversion programs. These programs include the B777-300ERMF (Extended Range Main Deck Freighter) and the B777-200LRMF (Long Range Main Deck Freighter), both of which are pivotal to the company’s growth strategy in…
Rimbun Airlines, based in Indonesia, is strategically planning to enhance its fleet by incorporating B737 Classics rather than the newer B737 Next Generation (NG) freighters. This decision stems from current challenges associated with securing necessary engines and parts for the B737NG models.
Belavia, the national airline of Belarus, is on the verge of significantly bolstering its fleet by adding three Airbus A330aircraft. These planes were previously operated by Magic Air of Gambia and are being repurposed to fit Belavia’s operational needs.
Nordstar Airlines, based in Russia, has reported a substantial increase in its financial performance for 2024, with net profit rising by 2.2 times to $43.5 million. This significant growth in profitability is on the back of a revenue increase of 12.3% year-over-year, totaling $245.4 million.
Kenya Airways has achieved a notable financial milestone, reporting its first full-year profit in 12 years. In 2024, the airline recorded a total revenue of $1.5 billion, up 6% from the previous year, culminating in a net profit of $41.7 million. A significant contributor to this success was gains from foreign exchange, a key driver in the airline’s…
