| |

Azul and GOL Merger Discussions Progress

Azul (Brazil) is reportedly on the verge of signing a Memorandum of Understanding (MOU) with Abra Group (UK)in the coming weeks, paving the way for a potential merger with GOL (Brazil). This move could mark a significant shift in Brazil’s aviation market, bringing together two major carriers to create a dominant player in the region.

| | | |

Ascend Airways Expands Fleet with B737-8 and Plans for Growth

Ascend Airways UK has announced the addition of a Boeing 737-8 to its fleet, subleased from SmartLynx (Latvia) in December 2024. This marks a significant milestone in Ascend Airways’ fleet expansion strategy as it aims to strengthen its operations and enhance capacity ahead of the busy summer travel season.

| |

Finnair Secures Export Credit Support for 18th A350-900

Finnair, the national carrier of Finland, has received export credit support exceeding US$105 million to finance its 18th Airbus A350-900. The funding, facilitated by the export credit agencies of Germany, France, and the UK, underscores international confidence in the airline’s operational and financial stability. The aircraft, identified as serial 708, was financed through an arrangement led by Citibank Europe (UK).

| | |

Air Belgium Takeover Approved by Nivelles Court

The Nivelles enterprise court has approved the takeover of Air Belgium by Peso Aviation Management (Netherlands) and Air One Holding International (UK). The new ownership marks a significant shift for the Belgian carrier, which will now focus exclusively on cargo operations. The restructuring will also see the workforce reduced from 401 employees to 197, reflecting the streamlined focus on cargo services.