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IAG Pledges Lisbon Hub Development If It Acquires TAP

IAG (UK) has made a significant commitment to developing a hub in Lisbon if it successfully acquires TAP Air Portugal. This pledge highlights IAG’s intention to enhance the operational capabilities of TAP while strengthening Lisbon’s position as a key aviation hub in Europe. TAP Air Portugal has long been a crucial player in connecting Europe with South America and…

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Fly2Sky Airlines Appoints Oleg Novikov as COO

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…

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Bees Airlines AOC Suspended by Romanian CAA

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…

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Deucalion Aviation Achieves $1 Billion in 2024 Transactions

Deucalion Aviation closed out 2024 with an impressive portfolio of 75 transactions, reflecting a total value of over $1 billion. The UK-based aviation asset manager demonstrated its industry leadership through a mix of activities, including 33 aircraft sales and leases and 35 end-of-life aircraft sale/lease transactions. These efforts emphasize Deucalion’s capability to handle the full spectrum of aircraft life cycles, from…

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Delta Plans 2025 Fleet Adjustments with Retirements and Deliveries

Delta Air Lines is making significant adjustments to its fleet strategy for 2025. Following the retirement of just over 20 aircraft in 2024, the airline anticipates phasing out an additional 30 aircraft next year. At the same time, Delta plans to bolster its operations with the delivery of 40+ new aircraft, of which 12 to 13 will be widebody models, including Airbus…

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Centrum Air Signs LOI for A320 Lease with Avolon

Centrum Air, a rapidly growing airline based in Uzbekistan, has signed a Letter of Intent (LOI) with Avolon, a leading aircraft leasing company headquartered in Ireland, for the lease of one Airbus A320. This agreement marks an important step in Centrum Air’s plans to expand its fleet and enhance operational capacity. The A320, known for its fuel efficiency and reliability, is…

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Virgin Australia Awaits Federal Approval Before CEO Announcement

Virgin Australia is holding off on announcing its new CEO as it awaits federal government approval for its proposed partnership deal with Qatar Airways. The decision to delay reflects the airline’s focus on securing strategic alignment with Qatar Airways, which could influence its leadership direction.