TrueNoord (Netherlands) has completed the acquisition of seven ATR72-600 aircraft from GOAL Aircraft Leasing (Germany). These aircraft are currently on lease to prominent European carriers, further strengthening TrueNoord’s regional aviation portfolio.
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Formidion Aviation (Ireland) has announced the appointment of Thomas Neenan as its new Vice President Commercial. This key leadership move aligns with the company’s strategy to enhance its commercial operations and expand its global market presence.
Jet2, the UK-based airline, has started retiring its Boeing 757 fleet as it receives new Airbus A321neo aircraft. This transition marks a significant fleet modernization for Jet2, with the remaining six B757s expected to be completely phased out by early January 2025. The introduction of the A321neo brings operational advantages such as increased fuel efficiency and lower emissions, aligning with the airline’s…
Indonesian airline startup FlyJaya has recently taken delivery of two ATR72-500 aircraft, previously operated by Cebu Pacific, sourced from Jetcraft Commercial in the United States. This acquisition marks a significant milestone as FlyJaya prepares for its official launch later this year.
Air KG, a Kyrgyzstani airline, has officially transitioned to a state-owned enterprise, a strategic move aimed at enhancing management efficiency, optimizing the use of financial resources, and strengthening its control systems. This transformation is intended to support Air KG’s operational goals and aligns with the Kyrgyz government’s commitment to improving the oversight and effectiveness of its national carriers, ensuring…
FlyArystan (Kazakhstan) is set to make a pivotal transition in its operations by moving to its own operator certificatestarting 1 January 2025. This significant change will see the airline fully separating its operational framework from its parent company, Air Astana Group, while maintaining collaborative agreements.
In the wake of the Korean Air-Asiana Airlines merger, Korea’s Fair Trade Commission (KFTC) and the Ministry of Land, Infrastructure, and Transport (MOLIT) have formalized a business agreement to jointly monitor the implementation of corrective measures required as part of the merger approval process. This cooperation aims to ensure fair competition and compliance with aviation regulations following the integration of Korea’s two largest airlines.
