Garuda Indonesia has announced a major fleet expansion plan aiming to add up to 120 aircraft over the next five years. This bold move is part of the airline’s strategy to reclaim dominance in the domestic aviation market, with a target of achieving 50% market share across Indonesia.
AirAsia is reportedly in advanced negotiations to place a significant aircraft order for at least 100 Airbus jets at the upcoming Paris Airshow, marking a major step in the low-cost carrier’s fleet modernization and growth plans. The potential deal is expected to include Airbus A220 aircraft, while the airline is also evaluating Embraer’s E2 series as a competitive option.
Air Cambodia is reportedly in the early stages of exploring a potential Initial Public Offering (IPO). The announcement indicates that discussions have been initiated but remain preliminary, with no firm timeline or financial structure yet disclosed.
Vietravel Airlines (Vietnam) has announced plans to purchase one A321 aircraft in late June 2025, followed by two A320 aircraft in July 2025. This move signals the airline’s ongoing commitment to strengthening its fleet and expanding its domestic and regional operations.
AirAsia (Malaysia) is in discussions to form a strategic cooperation with Vietravel Airlines (Vietnam), aiming to boost the operational capacity of the Vietnamese carrier. The proposed partnership is part of AirAsia’s broader strategy to expand its footprint in Southeast Asia through tactical alliances and joint initiatives with regional operators.
Nok Air, the Thai low-cost airline, has revealed a multi-year fleet expansion plan that will see the carrier temporarily lease two aircraft from November 2025 to April 2026, followed by permanent additions of two aircraft per year from 2026 through 2028. By the end of 2028, the airline aims to maintain a minimum fleet size of 20 aircraft.
Nok Air, a Thai low-cost carrier, is preparing to raise $221 million in new capital as part of its recovery strategy aimed at exiting its rehabilitation plan within the next three years. The capital increase will serve multiple operational and strategic needs, including purchasing engines, repairing existing aircraft, leasing new aircraft, enhancing passenger services, and funding working capital.
Singapore Airlines has announced it will retire its final four Boeing 737-800 aircraft by the end of March 2026, marking a key milestone in its ongoing fleet renewal strategy. The move comes as the airline ramps up deliveries of the Boeing 737-8, part of the MAX series, to modernize its narrowbody operations.
Airbus has initiated active discussions with airlines in Malaysia regarding potential acquisitions of its A220 aircraft, signaling a growing strategic interest in the region. The European aircraft manufacturer expects up to 400 additional orders for the A220 in Malaysia, reflecting both short-term sales opportunities and long-term fleet renewal dynamics.
Vietjet, the Vietnamese low-cost airline, has signed a cooperation agreement with Boeing to transfer 50 Boeing 737 MAX aircraft to its Thai subsidiary, Thai Vietjet Air. The aircraft are part of a larger order of 200 units originally placed in 2022, aimed at supporting Vietjet’s ambitious regional growth strategy.
