Vietjet (Vietnam) has secured a $300 million aircraft financing agreement with Carlyle Aviation Partners (US), ensuring financial support for its upcoming aircraft deliveries scheduled for 2025-26. This deal reflects Vietjet’s commitment to fleet expansion and operational growth in the highly competitive Southeast Asian aviation market.
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Rex Group (Australia) has officially commenced a sale and/or recapitalization process, following its recent financial difficulties. EY Australia, the appointed administrator, is overseeing the restructuring, aiming to secure the airline’s future through a potential sale or new capital injection.
Qatar Airways is nearing the completion of its acquisition of a 49% stake in RwandAir and a 60% stake in the new Bugesera International Airport, following prolonged negotiations with the Rwandan government. The update was confirmed by Rwanda’s President Paul Kagame, who indicated that discussions are now in their final stages.
Wizz Air Holdings, based in Hungary, reported that as of September 30, 2024, it had 41 aircraft on the ground due to ongoing GTF engine-related inspections. This figure marks an improvement over the initial forecast for fiscal 2025, attributed to the expedited induction of quick-turn engines. Wizz Air anticipates an average of 40-45 grounded aircraft over the next 18 months as engine…
Finnair (Finland) is bracing for disruptions following the rejection of a settlement proposal by the airline’s pilots’ union. The proposal, which was submitted by the National Conciliator and accepted by the employer, was aimed at resolving ongoing labor disagreements. However, the union’s refusal has escalated the situation, leading to operational challenges for the airline.
Oman Air has expanded its fleet with the addition of a new Boeing 737-8, serial number 63369, powered by LEAP-1B27 engines. This aircraft, configured with 12 Business Class and 150 Economy Class seats, is designed to offer exceptional performance, flexibility, and efficiency.
China Southern Airlines has recently expanded its fleet with the delivery of a new Airbus A321neo, which is powered by LEAP-1A32 engines. The aircraft, bearing serial number 12405, aligns with the airline’s strategic fleet modernization program, aimed at enhancing operational efficiency and environmental sustainability.
