Kazakhstan is preparing to establish a national cargo airline in early 2026, according to an official announcement by Nurlan Zhakupov, Chairman of the Management Board of Samruk-Kazyna National Welfare Fund. The initiative is part of a government directive aimed at strengthening Kazakhstan’s strategic position as a major air cargo hub in Central Asia.
The government of Equatorial Guinea has formally entered into a collaboration agreement with Lufthansa Consulting, the advisory arm of the Lufthansa Group, to assist in the evaluation and restructuring of Ceiba Intercontinental, the country’s national airline. The initiative is aimed at overhauling Ceiba’s operational performance and financial health.
China Eastern Airlines, one of the major carriers in Asia, has reported a substantial decrease in its net loss for the year 2024. The airline’s net loss was recorded at US$578 million, which represents a reduction of almost 50% from the previous year’s figures.
Virgin Australia has announced the appointment of Paul Jones as its new Chief Commercial Officer (CCO), following the promotion of Dave Emerson to Chief Executive Officer (CEO). The leadership transition marks a strategic movefor the airline as it continues its growth and commercial development.
ACC Aviation (UK) has announced the appointment of Alan Jordan as Chairman, a strategic move that follows the company’s transition to an Employee Ownership Trust (EOT). This leadership change aims to reinforce ACC Aviation’s long-term growth strategy and align with its employee-driven operational model.
Norwegian, one of Europe’s largest low-cost carriers, has announced an agreement to purchase ten Boeing 737-800 aircraft that are currently part of its leased fleet. The airline will fund the transaction using cash on hand, with the deal expected to be finalized in Q1 2025.
LOT Polish Airlines has announced plans to source additional Boeing 787 Dreamliners from the secondary market, as production backlogs and limited delivery slots prevent the airline from receiving new aircraft before the next decade. This move reflects LOT’s strategy to expand its long-haul fleet, ensuring continued growth despite supply chain constraints affecting new aircraft availability.
International Airlines Group (IAG) is exploring the potential launch of a new low-cost carrier (LCC) in Madrid, should salary negotiations with Iberia Express pilots fail to reach a resolution. At the same time, the Group is reconsidering its position in Air Europa, weighing the possibility of maintaining its 20% stake without participating in an upcoming capital increase.
Ceiba Intercontinental has formally presented its 2025 action plan to the government of Equatorial Guinea in a bid to tackle economic challenges and stabilize its financial situation. The national carrier has been under increasing pressure due to rising operational costs, fleet maintenance issues, and market conditions, prompting the need for immediate strategic interventions.
Icelandair is advancing its fleet modernization efforts with the planned addition of three Airbus A321LR aircraft, expected to be delivered before the summer of 2025. This initiative is part of the airline’s strategy to enhance operational efficiency and expand its route network.
