Werner Aero (US) has acquired an Airbus A319, identified by serial number 2558, from FTAI Aviation (Cayman Islands). The aircraft is currently located at Air Salvage International in Cotswold Airport, UK, where it is set to undergo dismantling.
Sunwing Airlines (Canada) has expanded its fleet with the delivery of a Boeing 737-800, identified by serial number 35145. The aircraft has been acquired under a wet lease agreement with TUI Airways (UK) and is powered by CFM56-7B27 engines, offering reliability and efficiency.
easyJet (UK) has reported robust financial results for the twelve months ending 30 September 2024, highlighting a strong recovery and growth trajectory. The airline achieved a 34% increase in profit before tax, reaching $766 million, alongside a 14% growth in group revenue, totaling $11.6 billion.
Volofin Capital Management (UK) has announced the successful structuring and closing of a spares inventory financing facility for Virgin Atlantic (UK). The facility, valued at up to $100 million, will support Virgin Atlantic in managing and optimizing its aircraft spare parts inventory.
Itasca MGA (UK) has announced its role in providing insurance backing to Elevate Capital Partners (US) for a financing solution involving two E195-E2 aircraft. This partnership underscores the importance of comprehensive insurance solutions in enabling complex aviation financing arrangements.
Sunwing Airlines, a Canadian leisure carrier, has expanded its fleet with the delivery of a Boeing 737-800, serial number 35142, under a wet lease agreement with TUI Airways, a UK-based airline. The aircraft is powered by CFM56-7B26 engines, renowned for their efficiency and reliability.
AMS Aircraft Services, a UK-based aviation asset management and sales company, has been exclusively mandated to remarket two CFM56-5B6/3 engines. The engines, serial numbers 697839 and 697840, are being sold on behalf of their owner through a detailed Request for Proposals (RFP) process.
IAG (International Airlines Group), headquartered in the United Kingdom, has finalized a $132 million compensation payment to Air Europa, the Spanish airline, for the canceled acquisition deal. The settlement concludes IAG’s financial obligations to Air Europa, following its decision not to proceed with the purchase. The payment reflects a negotiated agreement to resolve outstanding claims related to…
Virgin Atlantic has announced the cancellation of its planned London Heathrow-Accra route, which was set to commence on May 1, 2025. The decision reflects adjustments in Virgin Atlantic’s route strategy as the airline reassesses its network plans. The Heathrow-Accra service was expected to connect the UK and Ghana directly, serving a significant market for business and leisure travelers…
easyJet, a leading UK-based low-cost airline, has recently signed a three-year extension to its existing maintenance contract with Lufthansa Technik Milan. This renewed agreement covers recurring light base maintenance checks for easyJet’s A320 family fleet. The collaboration ensures that easyJet’s fleet receives regular, high-quality maintenance services, supporting its operational reliability and safety across European routes.
