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Vietjet Secures $300 Million Aircraft Financing Deal with Carlyle Aviation

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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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WestJet EVP Cargo Resigns Amid Plans to Wind Down Freight Operations

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In a significant development within the cargo sector, WestJet, the Canadian airline, is facing a strategic shift with the resignation of Kirsten de Bruijn, Executive Vice President of Cargo. This move comes as WestJet evaluates the future of its cargo operations, specifically the winding down of its freighter activities.

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Chorus Aviation Completes Sale of Leasing Unit, Announces Leadership Changes

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Chorus Aviation (Canada) has finalized the sale of its Regional Aircraft Leasing segment, including Falko (UK), to HPS Investment Partners (US). The transaction represents a significant strategic shift for Chorus as it focuses on its core operations and streamlines its corporate structure.

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Argentina Settles Aerolíneas Argentinas Expropriation Case for $389.5M

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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…

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Wizz Air Reduces Aircraft Groundings Amid GTF Engine Inspections

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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…

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British Airways Adds A321neo, MSN 12481, To Fleet

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British Airways, the flag carrier of the United Kingdom, has expanded its narrowbody fleet with the delivery of one Airbus A321neo, bearing manufacturer serial number (MSN) 12481. The aircraft is equipped with LEAP-1A32 engines, a high-efficiency turbofan model from CFM International.