GE Aerospace has announced the finalization of an agreement with SkyWest Airlines, under which the U.S.-based regional carrier will acquire CF34-8E engines along with associated spares to support its incoming fleet of 60 Embraer E175 jets. The order represents a continued rebound in the regional jet market and affirms SkyWest’s fleet modernization efforts.
Aircastle has announced its financial results for the fiscal first quarter of 2025, revealing a total revenue of $260 million. The company achieved a net income of $49 million, demonstrating continued profitability in its aircraft leasing operations despite ongoing global macroeconomic challenges.
BeauTech Power Systems, a US-based engine solutions provider, has completed the acquisition of twelve CF34-10E engines from Alliance Aviation Services of Australia. This transaction significantly strengthens BeauTech’s inventory of regional jet engine assets, particularly those supporting the Embraer E190/E195 aircraft family.
Thai Airways International is reportedly evaluating a major fleet expansion plan that could include the purchase of up to 80 Boeing aircraft, contingent upon the finalization of a tariff agreement between Thailand and the United States. This potential deal signals a significant pivot in Thai Airways’ long-term strategy, as it seeks to modernize its fleet and boost operational…
AviaAM Leasing Service Centre, a part of the AviaAM Leasing group, is progressing toward the final stages of a B777-300ER Passenger-to-Freighter (P2F) conversion project in collaboration with Mammoth Freighters (US). This strategic initiative is expected to be completed by the end of 2025, marking a significant milestone in the company’s ongoing efforts to expand its freighter portfolio and respond to growing…
Frontier Airlines, a U.S.-based ultra-low-cost carrier, has taken delivery of a new Airbus A321neo, identified by serial number 12527. The aircraft is powered by Pratt & Whitney PW1133G-JM geared turbofan engines, known for their enhanced fuel efficiency and lower emissions compared to previous-generation engines.
Crestone, a U.S.-based aviation leasing company, has expanded its fleet portfolio with the purchase of three narrowbody aircraft. The acquisition includes two Airbus A319s currently leased to American Airlines and one Airbus A320 on lease to TAP Portugal.
Alaska Airlines has expanded its regional fleet with the delivery of two new Embraer E175 jets, bearing serial numbers 17000995 and 17000992. Both aircraft are operated by Horizon Air, Alaska’s regional affiliate, and are powered by GE CF34-8E5 engines.
Alaska Air Group, one of the largest carriers in the United States, has announced plans to exercise options for five additional Boeing 787-9s, expanding its long-haul capabilities. Simultaneously, the airline will firm up additional options for Boeing 737-10s, reinforcing its narrowbody growth strategy.
Azorra Aviation Holdings, a U.S.-based aircraft leasing and investment firm, has successfully closed a $550 million senior unsecured notes offering. The issuance reflects strong demand for mid-tier aviation lessors as the industry rebounds from post-pandemic disruptions.
