Vietnam Airlines has disclosed in its 2024 consolidated financial report that it received a $4.1 billion loan from HSBC Vietnam Bank, with an interest rate of 7%. The loan reflects a significant financial move by the flag carrier as it continues efforts to recover from the pandemic’s long-term effects and stabilize its operations.
Thai Airways International is moving forward with a significant investment in a new aircraft Maintenance, Repair and Overhaul (MRO) center to be established at U-Tapao Airport, Thailand. The project, valued at approximately $307 million, is scheduled to commence in late 2025 and will be operated under a private-sector lease model, opening the door to broader investment and commercial partnership opportunities.
Vietnam Airlines has outlined an ambitious fleet restructuring plan that includes the retirement of 12 aircraft in 2025, as well as the acquisition of 50 Boeing 737-8 aircraft, with deliveries scheduled from 2030 to 2035. The airline is also actively pursuing additional widebody aircraft for delivery before 2030, as it aims to expand and modernize its fleet to meet long-term demand.
Vietnam Airlines has reported a consolidated profit exceeding $191 million for the first half of fiscal year 2025, signaling a strong operational recovery. The airline now plans a two-phase capital increase strategy aimed at reducing state ownership and reinforcing its financial base to support future growth.
Myanmar Airways International (MAI) has expanded its fleet with the addition of an Airbus A319, serial number 3983, powered by CFM International CFM56-5B6/3 engines. The aircraft is expected to be deployed on short- to medium-haul routes throughout Southeast Asia and South Asia.
Batik Air Malaysia has announced plans to significantly expand its fleet to approximately 70 aircraft, with the majority being Boeing 737 models. This expansion is intended to strengthen the carrier’s market presence from its main bases at Kuala Lumpur International Airport (KLIA) and Kota Kinabalu International Airport.
StandardAero, a leading global provider of maintenance, repair, and overhaul (MRO) services, has been selected by Firefly, a subsidiary of Malaysia Aviation Group, to deliver comprehensive support for the PW127M engines powering its ATR72-500 fleet. This agreement enhances Firefly’s operational reliability as it continues to scale its regional network.
Myanmar Airways International (MAI) has expanded its narrowbody fleet with the delivery of one Airbus A319, bearing manufacturer serial number 3983. The aircraft is powered by CFM56-5B6/3 engines, a widely used and proven engine model known for its reliability and efficiency in short- to medium-haul operations.
Vietravel Airlines, a Vietnamese carrier operating under the tourism-focused Vietravel Group, has received formal approval from its shareholders to increase its charter capital to $100 million. This significant move aims to bolster the airline’s financial foundation and support expansion efforts amid the region’s ongoing aviation recovery.
Capital A, the parent company of AirAsia, is actively considering a major fleet expansion with plans to purchase between 50 and 70 A321XLR aircraft, and is also in discussions to acquire as many as 100 regional jets, either the Airbus A220 or Embraer’s E2 series. However, CEO Tony Fernandes emphasized that the company’s immediate priority remains the completion of its ongoing restructuring process.
