Thai Airways Prepares For A321Neo MSN 12942 as Thai Airways International moves closer to receiving its latest narrowbody aircraft from Airbus, continuing its fleet modernization strategy.
Please SUBSCRIBE to view the full content.
First month of membership is free!
TAP Air Portugal has unveiled a wide-ranging expansion plan that significantly elevates Porto’s Francisco Sá Carneiro Airport as a core pillar of its future network and operational strategy. The initiative includes the construction of a new maintenance and engineering facility and the launch of multiple new international routes, marking a deliberate shift toward decentralizing operations away from Lisbon.
Wizz Air Holdings (Hungary) has reported its financial results for the fiscal year ending 31 March 2025. The company’s total revenue increased by 3.8%, reaching US$6.0 billion. Despite this rise in revenue, Wizz Air’s net profit experienced a significant decline of 41.5%, dropping to $243.8 million. The carrier also reported a total cash position of $1.97 billionat the end of the period.
Aeroflot Group (Russia) has announced that it expects to complete insurance settlements with foreign lessors covering 36 aircraft in its fleet. According to CEO Sergei Aleksandrovsky, all commercial terms of these settlements have already been finalized, paving the way for a resolution to long-standing issues stemming from the grounding of foreign-leased aircraft in Russia.
Wizz Air has significantly reduced its order for Airbus A321XLR aircraft, trimming its original commitment from 47 to just 10–15 units, according to statements made during the carrier’s most recent earnings call. The move, labeled a “conversion” rather than a cancellation, comes as Wizz Air prepares to shut down its Abu Dhabi-based unit in September, marking a major strategic retreat from…
Air Europa, a leading Spanish airline, is attracting significant investment interest from major global carriers as it prepares for a capital increase. According to CEO Jesus Nuno de la Rosa, potential investors include Air France-KLM, Lufthansa, Etihad Airways, and Delta Air Lines. The airline expects up to 20% of its capital to be subscribed through new shares before the summer of 2025.
Riyadh Air is currently in negotiations with Boeing and Airbus to order up to 50 additional widebody aircraft, with both the Airbus A350-1000 and Boeing 777X under consideration. The order would support the airline’s ambitious expansion plans as it works toward establishing Saudi Arabia as a key global aviation hub.
