Texel Air Returns Final Boeing 737-300F for Lease Transfer to Armenia Airways

ByAdmin 29/10/202431/10/2024

Texel Air, a Bahrain-based cargo airline, has bid farewell to its last Boeing 737-300F, serial number 27459, A9C-APC. This aircraft, previously a key component of Texel Air’s fleet, was returned to its lessor Kahala Aviation Leasing and will soon enter service with Armenia Airways. The retirement of the Boeing 737-300F marks a strategic shift for Texel Air as it modernizes its fleet with more efficient aircraft suited to current operational needs.

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Airlines | Cargo | Flag Carrier | Freighter | Network

Turkish Airlines to Launch Freighter Flights to Mexico City

ByAdmin 16/12/202417/12/2024

Turkish Airlines is set to launch a weekly freighter service connecting its Istanbul base to Mexico City’s AIFA(Felipe Ángeles International Airport) via a US gateway. The operation is scheduled to begin in January or February 2025, marking an expansion of the airline’s cargo network in the Americas.

Airlines | Financial | Flag Carrier

American Airlines Reports $54.2 Billion Revenue in 2024

ByAdmin 23/01/202529/01/2025

American Airlines Group, one of the largest carriers in the United States, has reported robust financial performance for 2024, with total revenue reaching $54.2 billion and a net income of $846 million. The company ended the year with $10.3 billion in total available liquidity, highlighting its strong financial position.

Aeroflot and I Fly Near Agreement for Historic A330 Wet Lease Deal

ByAdmin 12/11/202413/11/2024

In a landmark agreement within Russian aviation, Aeroflot and I Fly are reportedly finalizing a wet lease arrangement for three Airbus A330 aircraft. This deal, the first of its kind in Russia, signals a shift toward greater collaboration between domestic airlines in the region. The wet lease, which includes the provision of crew, maintenance, and insurance by I Fly, is expected to facilitate Aeroflot’s…

Financial | Leasing

Aircastle Reports 3Q 2024 Financial Results

ByAdmin 11/01/202514/01/2025

Aircastle (US) has announced its financial results for the third quarter of 2024, covering the period ended 30 November 2024. The company reported total revenues of $194 million and a net income of $18 million, reflecting stable financial performance in a challenging market environment.

Airlines | CFM International | Fleet

Norwegian Air Sweden Adds B737-8 to Its Fleet

ByAdmin 17/01/202520/01/2025

Norwegian Air Sweden AOC, a subsidiary of Norwegian Air Shuttle, has expanded its fleet with the delivery of a Boeing 737-8, serial number 66300. This modern aircraft, powered by LEAP-1B27 engines, represents the airline’s commitment to operational efficiency and environmental sustainability.

Airlines | Governments | Partnership

Air New Zealand and Cathay Pacific’s Joint Venture Extended for Five More Years

ByAdmin 12/11/202414/11/2024

Air New Zealand and Cathay Pacific have welcomed the decision by the New Zealand Associate Minister of Transport to extend the authorization of their joint venture alliance for an additional five years. This extension allows both airlines to continue their cooperative efforts in enhancing connectivity and service options between New Zealand and Hong Kong. The renewed alliance aims to maintain and strengthen the…

Airlines | Cargo | Flag Carrier | Freighter | Network

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