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Boeing Lays Off 222 Aerospace Union Members Amid Ongoing Cuts

Boeing has announced the layoff of 222 members of its Society of Professional Engineering Employees in Aerospace (SPEEA) union. This latest round of job cuts is part of a broader workforce reduction initiative that began in November 2024, reflecting the company’s continued efforts to realign its workforce with operational demands.

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Grupo Aeromexico Reports Passenger Growth in November 2024

Grupo Aeromexico, one of Mexico’s leading carriers, reported a steady rise in passenger numbers for November 2024, highlighting a 0.3% year-on-year increase to reach 2.0 million passengers. The airline also saw notable growth in key operational metrics, reflecting its robust recovery and growing demand for air travel.

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China Southern Issues RFP for Sale of 10 B787-8s and Spare Engines

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.

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Air Astana Buys Back 4.1 Million Shares in November 2024

Air Astana, Kazakhstan’s national airline, has announced the buyback of 4.1 million shares and Global Depositary Receipts (GDRs) in November 2024. The transaction, valued at $11.9 million, is part of the airline’s ongoing strategy to manage its financial structure and enhance shareholder value.

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SMBC Aviation Capital Leases Three Airbus A220-300 Aircraft to Breeze Airways

SMBC Aviation Capital, a leading aircraft leasing company based in Ireland, has entered into lease agreements with Breeze Airways, a U.S.-based airline, for three Airbus A220-300 aircraft. The delivery schedule is set to commence with the first two aircraft arriving in November and December 2024, followed by the final aircraft in early 2025.