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Bocomm Leasing Completes First Offshore RMB Aircraft Finance Deal

Bocomm Leasing, a leading Chinese leasing company, has successfully closed its first offshore RMB aircraft finance leasing deal. This milestone was achieved through its Irish subsidiary, culminating in the delivery of an Airbus A350-900 to Korean Air in late December 2024.

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Norwegian Group Reports 26.4 Million Passengers in 2024

Norwegian Group reported a total of 1.8 million passengers for December 2024, with 1.4 million traveling on the mainline unit and 293,000 flying with its subsidiary, Wideroe. Over the course of the year, the Group transported more than 26.4 million passengers, marking a significant recovery in travel demand across its network.

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euroAtlantic Airways Partners with Azul for Lisbon-Sao Paulo Route

euroAtlantic Airways, a Portuguese charter and ACMI operator, has announced a new partnership with Azul Brazilian Airlines to provide direct flights between Sao Paulo Viracopos Airport and Lisbon. The agreement will commence on December 19, 2024, with one aircraft already in operation and the possibility of adding more in 2025 to meet rising demand.

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Werner Aero CEO Mike Cazaz to Retire, Tony Kondo Named Successor

Werner Aero, a leading aviation services company based in the United States, has announced that its founder, president, and CEO, Mike Cazaz, will retire at the end of December 2024, marking the culmination of an impressive 32-year tenure. Under his leadership, Werner Aero evolved into a key player in the global aviation market, known for its innovative approaches to asset…

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Boeing Resumes B737 MAX Production After Strike

Boeing has officially resumed production of its B737 MAX aircraft as of December 6, 2024, marking a significant step forward following a seven-week strike by over 33,000 factory workers. The strike, which ended in early November, had temporarily halted manufacturing operations, causing disruptions across Boeing’s supply chain.