TAROM, Romania’s national airline, may need to go beyond its current restructuring plan to secure its future, according to an independent auditor. This assessment comes despite the airline showing improved financial results for 2023, indicating progress but not enough to address long-term sustainability.
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After a one-year ACMI (Aircraft, Crew, Maintenance, and Insurance) agreement, Air Belgium and LOT Polish Airlines have ended their collaboration involving an Airbus A330neo. This aircraft, serial number 1844, was based in Warsaw under Air Belgium’s operation for LOT’s long-haul services. Following this transition, the A330neo is slated for redelivery to its lessor, Air Lease…
Aviation Capital Group (ACG) has announced the delivery of one Airbus A321neo to Volaris (Mexico). Powered by GTF engines, this marks the fourth and final aircraft in a series of deliveries under a sale/leaseback agreement between the lessor and the airline.
Chorus Aviation (Canada) has announced plans to repay its corporate financings, aiming to optimize its capital structure and strengthen its financial position. This decision follows the successful sale of its Regional Aircraft Leasing segment, a move that marked a significant strategic shift for the company.
Air Cairo, a key player in Egypt’s low-cost airline sector, has expanded its fleet with the recent addition of a new Airbus A320neo. The aircraft, identified by serial number 12242, is powered by advanced LEAP-1A26 engines, providing enhanced fuel efficiency and reduced emissions. This delivery marks another step in Air Cairo’s commitment to modernizing its…
Fly2Sky, a Bulgarian charter airline, has signed a three-year wet lease agreement with SkyUp Airlines of Ukraine, providing aircraft to support SkyUp’s growing operations. The deal includes the wet lease of two Airbus A320s for the full three years and two Airbus A321s, which will remain in service until October 31, 2025.
Chengdu Airlines (China) has expanded its fleet with the delivery of two ARJ21-700 aircraft, identified by serials 10151 and 201. Both aircraft are powered by CF34-10A engines, enhancing the airline’s capacity to meet growing passenger demand.
