China Southern Airlines has issued a Request for Proposals (RFP) to qualified purchasers for the sale of 10 owned Boeing 787-8 aircraft and two GEnx-1B70/P2 spare engines. The aircraft and engines are scheduled for delivery to successful bidders during 2025 and 2026. The deadline for submitting bids is November 25, 2024.
Lufthansa has entered into a $400 million sale-leaseback agreement with an undisclosed lessor, covering three Airbus A321neo and five A320neo aircraft currently operated by Eurowings, its subsidiary in Germany. This strategic move provides Lufthansa with increased flexibility and liquidity while retaining operational control of these modern, fuel-efficient aircraft within the Eurowings fleet.
Sundair, a German airline, has announced it will withdraw its operations from Lübeck Airport, where it previously based one aircraft. This decision marks a strategic shift for the airline, which has been serving Lübeck as part of its regional route network. The withdrawal is expected to impact travelers using Lübeck Airport for direct Sundair flights, as the airline…
Wizz Air, based in Hungary, has provided insights into its sale/leaseback plans, forecasting a moderate increase in activity for 3Q and 4Q compared to 2Q, followed by a substantial ramp-up in fiscal 2026 as more transactions come into effect. The airline’s sale/leaseback strategy is designed to support fleet flexibility and financial liquidity, helping Wizz Air to manage capital costs effectively as…
Vietjet Air, a prominent airline based in Vietnam, has encountered a lease contract issue involving two Embraer E190 aircraft, registered as VN-A251 and VN-A252. The airline claims that the aircraft owner failed to meet the agreed-upon terms, resulting in delivery delays. In response, Vietjet Air has requested that the Civil Aviation Authority (CAA) cancel the…
