Arkia (Israel) has announced plans to operate an A330-900 aircraft from Iberojet (Spain) on behalf of TechAir (Israel). The widebody aircraft will be deployed on the Tel Aviv–New York route, with operations scheduled from 08 February to May 2025.
The Texas Supreme Court has agreed to hear the Southwest Airlines pilots’ lawsuit against Boeing concerning the airline’s use of the B737 MAX. This decision comes despite the court’s previous rejection of the case in May 2024.
American Airlines (US) has announced the departure of its Chief Legal Officer, Priya Aiyar, who is leaving the company to take on a similar role outside the aviation industry. In the interim, Bruce Wark will assume the position of Chief Legal Officer, ensuring continuity in leadership within the airline’s legal department.
Southwest Airlines (US) has expanded its fleet with the delivery of a Boeing 737-8, identified by serial number 68628, and powered by LEAP-1B28 engines. This latest addition reflects Southwest’s ongoing commitment to modernizing its fleet and enhancing operational efficiency.
Mesa Airlines, a US-based regional carrier, has entered into an Aircraft Purchase Agreement with United Airlines to sell 18 E175 aircraft. The transaction is valued at US$229.1 million in gross proceeds, with 10 of the aircraft to be leased back to Mesa, ensuring continuity in its operations.
Mesa Airlines, a regional carrier based in the United States, has announced an agreement to sell 15 used CRJ900 airframes, along with landing gear and associated parts, to a third party. The sale is expected to generate gross proceeds of US$19 million, which will be used to reduce the airline’s outstanding loan with the US Treasury.
Setna iO (US) has announced a successful amendment to its revolving credit agreement, resulting in an increase in its borrowing capacity to $350 million. This expansion in financial resources is expected to support the company’s continued growth and operational flexibility in the aviation sector.
Spirit Airlines (US) has received court approval to sell five of the 23 aircraft it has deemed surplus to requirements to GA Telesis (US). The agreement is part of a broader deal that could generate $518.9 million for the airline if all the aircraft are sold.
Spirit Airlines (US) has expressed “substantial doubt” about its ability to sustain operations through 2025, attributing the concern to significant financial losses and difficult market conditions. This announcement underscores the challenges faced by the low-cost carrier amid heightened competition and rising costs.
Spirit Airlines (US) is expected to have its Cayman Islands subsidiaries file for bankruptcy as part of the parent company’s ongoing Chapter 11 case. The four units, which own specific intellectual property (IP), will join the restructuring process to streamline the airline’s financial and operational strategies.
