airBaltic (Latvia) has entered a strategic partnership with SUA Lineas Aereas (Uruguay), expanding its leasing operations into South America. As part of the agreement, airBaltic plans to wet lease up to five Airbus A220-300 aircraft to SUA starting October 2025, marking an important step in its ACMI (Aircraft, Crew, Maintenance, and Insurance) leasing strategy.
Air Astana (Kazakhstan) has expanded its fleet with the delivery of a new Airbus A320neo, bearing serial number 12360. The aircraft is powered by Pratt & Whitney PW1127G-JM engines, enhancing fuel efficiency and reducing emissions.
Pratt & Whitney (US) has reported a strong fourth quarter (4Q) 2024 performance, with sales increasing by 18% to $7.5 billion and operating profit rising 32% to $504 million. The results reflect higher demand for commercial and military engines, as well as robust aftermarket services growth.
Pratt & Whitney, a leading aerospace manufacturer based in the United States, has announced plans to establish a European Technology and Innovation Center in the Netherlands. The center is dedicated to developing cutting-edge technologies aimed at advancing energy efficiency and sustainable aviation.
GA Telesis, a leading provider of integrated aviation services based in the United States, has announced the acquisition of eight PW4000 engines from a major US airline. This strategic move is designed to bolster the company’s support for the component aftermarket.
China Airlines, the flag carrier of Taiwan, has expanded its fleet with the addition of a new Airbus A321neo, identified by serial number 12086. The aircraft is equipped with advanced PW1133G-JM engines, offering exceptional fuel efficiency and environmental performance.
JetBlue, a leading US-based airline, has taken delivery of a new Airbus A220-300, identified by serial number 55319. The aircraft is equipped with advanced PW1524G-3 engines, delivering enhanced efficiency and performance.
FlyArystan, Kazakhstan’s leading low-cost carrier, has expanded its fleet with the addition of a leased Airbus A320neo, serial number 12272. This modern aircraft is equipped with PW1127G-JM engines, renowned for their fuel efficiency and lower environmental impact.
Wizz Air (Hungary) CEO Jozsef Varadi has raised concerns about the prolonged impact of issues with Pratt & Whitney (P&W) engines affecting the airline’s fleet. Varadi stated that the engine problems could persist for four to five years, significantly impacting operations. The airline anticipates that 40 aircraft will remain grounded through fiscal 2026 due to these ongoing challenges.
Porter Aircraft Leasing (Canada) has entered into sale and leaseback financing agreements with Avolon (Ireland)for four PW1921G engines. These engines are slated for delivery in 2025 and 2026 and will support Porter’s ongoing acquisition of E195-E2 aircraft.
