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Setna iO Acquires Ex-Condor B757-300 for Disassembly

Setna iO, a US-based aviation asset management and parts supplier, has announced the acquisition of an ex-Condor Boeing 757-300 airframe for immediate disassembly. The teardown process will be conducted by ecube in Castellon, Spain, as part of Setna iO’s efforts to support the aviation aftermarket with high-quality spare parts.

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Red Sea Airlines Acquires B737-800 from AerCap

Red Sea Airlines, a growing Egyptian carrier, has expanded its fleet with the acquisition of a Boeing 737-800, identified by serial number 30708, on lease from AerCap (Ireland). The airline is pursuing an ambitious expansion plan, targeting a fleet of five aircraft by mid-2025 and eight by 2027, with potential future additions of B737-8s.

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My Freighter Acquires First B757-200F

My Freighter, a cargo airline based in Uzbekistan, has announced the acquisition of its first Boeing 757-200F on lease from Titan Aviation Leasing, headquartered in the United States. The delivery of this freighter aircraft is scheduled for late February 2025, marking a significant milestone in My Freighter’s expansion strategy.

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Icelease Places B737-800BCF with ASL Aviation

Icelease, an aircraft leasing company based in Iceland, has successfully placed a B737-800BCF (Boeing Converted Freighter), identified by serial number 30879, on lease with ASL Aviation Holdings, headquartered in Ireland. This lease agreement further expands ASL Aviation’s capabilities in the cargo sector.

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Cathay Pacific Opens Widebody Aircraft Bid

Cathay Pacific, the flagship carrier of Hong Kong, has officially launched a bidding process to acquire new widebody aircraft, with the Airbus A350, Boeing B787, and B777X competing for the order. While the final number of jets to be procured has not been confirmed, this development highlights Cathay Pacific’s commitment to modernizing its fleet.