Smartwings, a leading Czech airline, has expanded its operational capabilities through the wet lease of an Airbus A320, identified by manufacturer serial number (MSN) 2496. The aircraft is leased from Global Aviation, a South African carrier, and is powered by IAE V2527-A5 engines, which are widely recognized for their reliability and performance in short- to medium-haul operations.
Volotea, the Spanish low-cost carrier focused on connecting secondary European cities, has taken delivery of an Airbus A320, identified by serial number 3477, through a lease agreement with Global Aviation. The aircraft is powered by CFM56-5B4/3 engines, and is expected to support the airline’s summer 2025 capacity ramp-up.
GA Telesis has signed a significant long-term agreement with a prominent aerospace OEM, marking a strategic milestone in the company’s mission to enhance its global services. This partnership, effective through 2030, is poised to bolster GA Telesis’ capabilities in delivering superior component support to airlines and operators worldwide through its MRO Services division. The collaboration underscores GA Telesis’…
IATA has released its November 2024 global air traffic report, showcasing an 8.1% year-over-year increase in Revenue Passenger Kilometers (RPKs). This reflects a steady recovery in global air travel demand.
Aero Capital Solutions (US) has shared its 2024 transaction highlights, showcasing a year of significant activity and growth. The company purchased 67 aircraft and 10 standalone engines during the year, strengthening its diverse portfolio of aviation assets.
Avolon (Ireland) has released a forecast predicting that growth in the Asia-Pacific region will be the primary driver behind global airline revenues surpassing $1 trillion for the first time in 2025. The report highlights the region’s rapidly expanding air travel market and its pivotal role in shaping the future of global aviation.
AerCap Ireland and AerCap Global Aviation Trust, leading entities in the aircraft leasing sector, have announced the successful pricing of a $1.5 billion senior notes offering. The offering comprises $750 million in 4.875% Senior Notesdue in 2028 and an additional $750 million in 5.375% Senior Notes due in 2031.
Korean Air has announced its plan to complete the integration of Asiana Airlines within the next two years, following the successful acquisition of a 63.88% ownership stake in its subsidiary. This acquisition marks a significant milestone in Korean Air’s strategic expansion and consolidation in the South Korean aviation market.
Turkish Airlines achieved significant growth in November 2024, recording an 8.3% increase in passengers compared to the same period last year. The airline transported a total of 6.5 million passengers during the month, reflecting its robust operational capacity and demand recovery in the aviation sector.
Lift, a South African airline, has expanded its fleet with the addition of an Airbus A320, bearing serial number 3927. This aircraft is operated by Global Aviation (South Africa) and is equipped with IAE V2527-A5 engines, known for their performance and efficiency.
