Spirit Airlines, a major US-based low-cost carrier, has announced a workforce reduction involving approximately 200 jobs. The decision, described as part of an efficiency drive, will impact various departments across the airline.
Airbus CEO Guillaume Faury has expressed strong confidence in the company’s ability to achieve its ambitious production target of manufacturing 75 single-aisle aircraft per month by 2027. The announcement reflects Airbus’ strategic focus on scaling up its production to meet the growing global demand for commercial aviation.
Sriwijaya Air’s former chairman, Hendry Lie, is set to face trial as a suspect in a corruption case that has drawn significant attention within the Indonesian aviation sector. The allegations against Lie stem from his tenure as chairman, during which authorities suspect financial mismanagement and misuse of company funds. The investigation, initiated months ago, highlights concerns over governance and…
Boeing announced its delivery results for 2024, confirming a total of 348 aircraft delivered over the year. In the fourth quarter alone, the company delivered 57 aircraft, maintaining a steady output despite industry-wide challenges such as supply chain constraints and delivery delays. This performance highlights Boeing’s ongoing efforts to stabilize production and meet the growing demand for both passenger and…
Boeing has secured a significant addition to its production backlog, reporting eight new B767-300F orders in December 2024. These freighters, attributed to unidentified customer(s), represent the first confirmed order for this model in two years. The B767-300F has long been a preferred choice for operators seeking medium-capacity freighters with proven reliability and operational efficiency. This latest order underscores the sustained demand…
Azorra, a US-based aircraft lessor, has released its fleet transaction highlights for 2024, showcasing a strong year of growth and activity. The company signed lease agreements for 17 aircraft, reflecting its commitment to supporting global carriers with modern and efficient fleet solutions. In addition to the leasing activity, Azorra successfully delivered nine aircraft to its clients, meeting operational demands…
AerDragon Aviation Leasing Company has successfully completed the sale of two A320 aircraft, both currently on lease, to Xiamen Aircraft Leasing Co.. This transaction highlights the growing collaboration between key players in the Chinese aviation leasing market.
AerCap CEO Aengus Kelly has expressed concerns over the potential impact of trade tariffs proposed by US President-elect Donald Trump. Kelly warned that these tariffs could disrupt global supply chains, posing a significant challenge to the aviation industry, particularly to manufacturers like Boeing.
Ryanair (Ireland) has announced its conditional plans to open a base at Sarajevo International Airport, potentially stationing up to two aircraft. This move hinges on the repeal of a newly introduced departure tax per passenger, which is scheduled to take effect on 01 April 2025 in Bosnia and Herzegovina.
Air Lease Corporation (US) executive chairman Steven Udvar-Hazy has voiced concerns over the growing delays in aircraft deliveries from major manufacturers. Speaking on the issue, Udvar-Hazy remarked that in some cases, the delays are becoming even more severe, with the reliability of manufacturers’ estimated delivery timelines now in question.
