Vietjet Air (Vietnam) has taken delivery of its latest A321neo under a leasing agreement with Castlelake (Ireland). This delivery is part of a larger contract for the acquisition of four A321neos, which will bolster Vietjet’s growing fleet and enhance its operational capabilities on regional and international routes.
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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.
Argentina and the Titan Consortium (US) have reached a final settlement in the Aerolíneas Argentinas expropriation case, concluding a long-standing dispute over the airline’s nationalization. Under the terms of the agreement, Argentina is required to pay $389.5 million, which includes accumulated interest, as compensation to the Titan Consortium. This ruling brings closure to a significant legal and financial case concerning…
Azul, the Brazilian airline, has updated its fleet expansion plans for 2025, which include the delivery of additional A330-900 aircraft directly from its orderbook in December 2025. The carrier also expects 12-15 Embraer E2 jets to arrive throughout the year, though some of these deliveries may slip into early 2026. Overall, Azul projects a 10% increase in capacity in 2025, signaling a significant step…
Kenya Airways has announced the resignation of James David Kabeberi from his role as a director. Kabeberi also served as the Chairman of the Board Audit and Risk Committee, a critical position overseeing the airline’s governance and financial risk management. His departure marks a significant change in Kenya Airways’ leadership, as Kabeberi brought extensive experience in corporate governance and…
Skymark Airlines, a Japanese carrier, has announced its financial performance for the April-September 2024 period, reporting a 4.7% increase in revenue to $354.7 million. Despite this revenue growth, Skymark posted a net loss of $3.8 million, primarily due to foreign exchange losses impacting its financials. The airline’s exposure to currency fluctuations has posed challenges, yet Skymark remains optimistic, with a forecasted final…
Wizz Air, Hungary’s low-cost airline, has secured confirmation of its Airbus deliveries through the end of 2025, according to its latest announcement.
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.
Argentina and the Titan Consortium (US) have reached a final settlement in the Aerolíneas Argentinas expropriation case, concluding a long-standing dispute over the airline’s nationalization. Under the terms of the agreement, Argentina is required to pay $389.5 million, which includes accumulated interest, as compensation to the Titan Consortium. This ruling brings closure to a significant legal and financial case concerning…
Azul, the Brazilian airline, has updated its fleet expansion plans for 2025, which include the delivery of additional A330-900 aircraft directly from its orderbook in December 2025. The carrier also expects 12-15 Embraer E2 jets to arrive throughout the year, though some of these deliveries may slip into early 2026. Overall, Azul projects a 10% increase in capacity in 2025, signaling a significant step…
Kenya Airways has announced the resignation of James David Kabeberi from his role as a director. Kabeberi also served as the Chairman of the Board Audit and Risk Committee, a critical position overseeing the airline’s governance and financial risk management. His departure marks a significant change in Kenya Airways’ leadership, as Kabeberi brought extensive experience in corporate governance and…
Skymark Airlines, a Japanese carrier, has announced its financial performance for the April-September 2024 period, reporting a 4.7% increase in revenue to $354.7 million. Despite this revenue growth, Skymark posted a net loss of $3.8 million, primarily due to foreign exchange losses impacting its financials. The airline’s exposure to currency fluctuations has posed challenges, yet Skymark remains optimistic, with a forecasted final…
Wizz Air, Hungary’s low-cost airline, has secured confirmation of its Airbus deliveries through the end of 2025, according to its latest announcement.
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.
Argentina and the Titan Consortium (US) have reached a final settlement in the Aerolíneas Argentinas expropriation case, concluding a long-standing dispute over the airline’s nationalization. Under the terms of the agreement, Argentina is required to pay $389.5 million, which includes accumulated interest, as compensation to the Titan Consortium. This ruling brings closure to a significant legal and financial case concerning…
Azul, the Brazilian airline, has updated its fleet expansion plans for 2025, which include the delivery of additional A330-900 aircraft directly from its orderbook in December 2025. The carrier also expects 12-15 Embraer E2 jets to arrive throughout the year, though some of these deliveries may slip into early 2026. Overall, Azul projects a 10% increase in capacity in 2025, signaling a significant step…
Kenya Airways has announced the resignation of James David Kabeberi from his role as a director. Kabeberi also served as the Chairman of the Board Audit and Risk Committee, a critical position overseeing the airline’s governance and financial risk management. His departure marks a significant change in Kenya Airways’ leadership, as Kabeberi brought extensive experience in corporate governance and…
Skymark Airlines, a Japanese carrier, has announced its financial performance for the April-September 2024 period, reporting a 4.7% increase in revenue to $354.7 million. Despite this revenue growth, Skymark posted a net loss of $3.8 million, primarily due to foreign exchange losses impacting its financials. The airline’s exposure to currency fluctuations has posed challenges, yet Skymark remains optimistic, with a forecasted final…
Wizz Air, Hungary’s low-cost airline, has secured confirmation of its Airbus deliveries through the end of 2025, according to its latest announcement.
