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US-EU Reach Zero-Tariff Deal on Aircraft Trade

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A new agreement between the United States and the European Union will preserve tariff-free trade in aircraft and aircraft parts, shielding the aerospace industry from potential disruptions amid broader tariff tensions. The deal, announced on July 28, 2025, reinstates a zero-for-zero tariff structure on jets and components, averting what could have been a severe blow to global production and delivery pipelines for manufacturers like Airbus and Boeing.

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Norwegian To Buy Three Leased B737-800s

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Norwegian, one of Europe’s prominent low-cost carriers, has announced plans to purchase three Boeing 737-800 aircraft that are currently under lease. The acquisition is expected to close in the third quarter of 2025 and will initially be funded through the airline’s cash reserves, with efforts underway to secure long-term financing after completion.

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Alaska Airlines To Receive Boeing 737-8 MAX

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Alaska Airlines is preparing to welcome a new Boeing 737-8 MAX aircraft into its fleet as part of its continued modernization and efficiency drive. The aircraft, carrying Manufacturer Serial Number (MSN) 68528 and registered as N823AK, is powered by two CFM LEAP-1B engines. Delivery from Boeing is imminent, marking another step in Alaska’s long-term fleet renewal strategy.

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Akasa Air Reports 49% Revenue Growth for Fiscal Year 2025

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Akasa Air, one of India’s newest and rapidly growing carriers, has reported robust financial results for the fiscal year ending March 31, 2025, highlighting its aggressive expansion and disciplined cost management. The airline announced a 49% year-on-year revenue increase, attributing the gain to strong unit profitability and a stage-adjusted RASK increase of 13%.

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RwandAir Wet Leases Airbus A330-200 from GullivAir for Temporary Fleet Support

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RwandAir has secured a wet lease agreement for an Airbus A330-200, serial 493, from GullivAir (Bulgaria) to cover operational needs through April 2025. This temporary lease arrangement comes as RwandAir’s own A330-200s undergo scheduled maintenance, ensuring uninterrupted long-haul services for the airline.