VietJet Air Ordered to Pay $181M in A321 Lease Dispute

ByAdmin 01/07/202503/07/2025

VietJet Air, a prominent Vietnamese low-cost carrier, has lost a legal battle in a London court and is now liable to pay $181 million to FW Aviation (UK) for breaching aircraft lease agreements involving Airbus A321 aircraft. The court ruled that the termination notices served by FW Aviation were valid and enforceable, ending VietJet’s challenge.

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Management

Aquila Air Capital Appoints Gary Lew as CFO

ByAdmin 23/05/202526/05/2025

Aquila Air Capital, a U.S.-based aviation asset manager, has announced the appointment of Gary Lew as its new Chief Financial Officer (CFO). The move comes as the company continues to expand its aircraft leasing and trading operations amid sustained demand for efficient mid-life aircraft solutions.

Airbus | Airlines | Network

Icelandair to Launch A321LR Flights to Newark, JFK, and Seattle

ByAdmin 14/01/202514/01/2025

Icelandair has announced plans to operate A321LR flights on the Reykjavik Keflavik–Newark route between 30 April and 18 May 2025. Following this, A321LR flights will begin on the New York JFK route on 19 May, with service to Seattle commencing on 20 May.

Airlines | Corporation | Financial | Investor | Low Cost Carrier

Ryanair Holdings Lifts Ban on Non-EU Nationals Purchasing Shares

ByAdmin 08/03/202511/03/2025

Ryanair Holdings, the Ireland-based low-cost airline group, has lifted its prohibition on non-EU nationals purchasing ordinary shares. This decision ensures continued compliance with EU airline ownership and control regulations, allowing the company to maintain its operating licenses and market position.

Airlines | Cargo | Flag Carrier | Partnership

Etihad and SF Airlines Sign Joint Cargo Agreement

ByAdmin 04/06/202504/06/2025

Etihad and SF Airlines have finalized a Joint Business Agreement that aims to significantly boost their cargo operations and expand network capacity. This strategic partnership is designed to offer customers more flexibility and improved service options, strengthening the cargo capabilities of both airlines.

Airlines | Boeing | Delivery | Fleet | Rolls Royce

Air Europa Takes Delivery Of B787-9 With Trent 1000 Engines

ByAdmin 08/05/202509/05/2025

Air Europa, the Spanish carrier, has taken delivery of a Boeing 787-9 Dreamliner, serial number 62523, expanding its long-haul fleet as it continues to strengthen intercontinental operations. The aircraft is powered by Rolls-Royce Trent 1000 engines, known for their fuel efficiency and range capabilities on widebody platforms.

Airbus | Fleet | Sale

AerDragon Completes Sale of Two A320s to Xiamen Aircraft Leasing

ByAdmin 15/01/202517/01/2025

AerDragon Aviation Leasing Company has successfully completed the sale of two A320 aircraft, both currently on lease, to Xiamen Aircraft Leasing Co.. This transaction highlights the growing collaboration between key players in the Chinese aviation leasing market.

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