Azorra, a US-based aircraft lessor, has released its fleet transaction highlights for 2024, showcasing a strong year of growth and activity. The company signed lease agreements for 17 aircraft, reflecting its commitment to supporting global carriers with modern and efficient fleet solutions. In addition to the leasing activity, Azorra successfully delivered nine aircraft to its clients, meeting operational demands…
Akasa Air (India) is grappling with a significant challenge as its pilot training timelines are expected to extend due to delays in aircraft availability. The airline currently operates a fleet of only 26 aircraft, despite employing nearly 850 pilots.
Japan Airlines (JAL) has announced that it will extend the retirement timeline for its Boeing 777 fleet due to global delivery delays affecting new aircraft. Despite this adjustment, JAL confirmed that the first six A350-1000s on order are arriving as scheduled, ensuring gradual fleet modernization.
Korean Air appears to be evaluating the possibility of operating its Airbus A380 fleet beyond the previously announced retirement year of 2026. Recent developments include sending several of its A380 superjumbos to Lufthansa Technik Philippines for D-checks, a major maintenance procedure required for long-term operational readiness.
Argentina’s Civil Aviation Authority (CAA) has initiated the auction of three ex-Austral MD80 aircraft currently in storage. The aircraft include two MD83s, with serial numbers 53117 and 49906, and one MD88, serial 53049. The combined value of the auction is estimated at US$45 million.
Alaska Airlines has announced the appointment of John Wiitala as its new Vice President of Maintenance and Engineering. This strategic leadership change reflects the airline’s commitment to maintaining the highest safety and operational standards as it continues to modernize its fleet and expand its network.
Spirit Airlines, a prominent low-cost carrier in the United States, has received approval from the US Bankruptcy Courtto complete the sale of 23 Airbus aircraft, comprising A320 and A321 models, to GA Telesis (GAT), a leading aviation solutions company. This transaction marks a significant development in Spirit Airlines’ restructuring efforts.
Pakistan International Airlines (PIA) is facing operational challenges with 17 of its 34 aircraft grounded due to a critical shortage of spare parts. The grounded fleet includes seven Boeing 777s, seven Airbus A320s, and three ATRs, significantly impacting the airline’s capacity to maintain its scheduled operations.
Norwegian Air Shuttle (US) has announced the extension of its partnership with Lufthansa Technik (Germany) for an additional five years. The renewed agreement, effective 01 August 2025, will cover maintenance services for more than 80 Boeing B737NG and B737MAX aircraft at Lufthansa Technik’s Budapest facility.
Avianca Group International (Colombia) has announced a strategic partnership with MRO Holdings (Panama), marking a significant development in its aircraft maintenance operations. Under this agreement, MRO Holdings will take over as the operator of Avianca’s Medellin-based MRO facility.
