Aero Contractors (Nigeria) CEO Ado Sanusi has urged the Federal Government to reverse the current high interest rates affecting businesses in the country. Sanusi emphasized that a reduction in interest rates is crucial for Nigerian airlines to fully benefit from the Cape Town Convention protocol, which aims to facilitate asset-based financing and leasing for aircraft.
GOL Linhas Aéreas Inteligentes (Brazil) has entered into two sale-leaseback agreements with SKY Aero Management (Ireland) for three Boeing 737 MAX 8 aircraft. This strategic move is part of GOL’s fleet optimization and financing strategy, leveraging sale-leaseback arrangements to maintain operational flexibility and liquidity.
Garuda Indonesia, the national flag carrier of Indonesia, has announced plans to expand its fleet by adding 15-20 aircraft in 2025. This ambitious move reflects the airline’s strategy to strengthen its operations and meet the rising demand for air travel in both domestic and international markets.
Aircastle (US) has completed the delivery of its first Boeing 737-9 MAX to United Airlines (US), marking the start of a series of six planned deliveries in 2024 and 2025. This aircraft is the first of the new MAX 9s that will join United’s growing fleet as part of its ongoing modernization and expansion efforts.
Air India has officially disclosed its latest orders for 100 Airbus aircraft, including 10 A350s and 90 A320 Family jets, further bolstering its fleet expansion plans. The announcement underscores Air India’s strategic focus on modernizing its fleet and scaling its operations to meet growing passenger demand.
Volaris, Mexico’s leading low-cost carrier, has strengthened its fleet with the delivery of a new Airbus A321neo, bearing serial number 12206. The aircraft is powered by advanced PW1133G-JM engines, renowned for their fuel efficiency and environmental benefits.
Vietnam Airlines, the national flag carrier of Vietnam, has taken delivery of a new Airbus A320neo, bearing serial number 12298. The aircraft, leased to enhance the airline’s fleet, is powered by PW1124G1-JM engines, known for their efficiency and performance.
Turkmenistan Airlines, the national carrier of Turkmenistan, has taken delivery of a Boeing 737-700, bearing serial number 37236. This aircraft is powered by CFM56-7B24 engines, known for their reliability and efficiency.
Korean Air, South Korea’s flagship carrier, has expanded its fleet with the addition of a Boeing 787-10, registered as HL8537. This state-of-the-art aircraft is equipped with GEnx-1B engines, providing superior fuel efficiency and environmental performance.
Jet2, a prominent leisure airline in the UK, has expanded its fleet with the addition of a new Airbus A321neo, bearing serial number 12127. This latest delivery is part of Jet2’s ongoing efforts to modernize its fleet and enhance operational efficiency. The aircraft is powered by LEAP-1A32 engines, renowned for their superior fuel efficiency and environmental performance.
