Vietnam Airlines has taken delivery of a leased Airbus A320neo aircraft, marking another step in its fleet modernization strategy. The aircraft, identified by serial number 12253, is powered by PW1124G1-JM engines, manufactured by Pratt & Whitney, a leader in aviation propulsion systems.
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Allegiant Travel Company has released its fourth-quarter and full-year 2024 financial results, showing modest revenue growth but continued net losses. In Q4 2024, the company reported total operating revenue of $627.7 million, reflecting a 2.7% increase compared to the previous year. However, the airline posted a net loss of $216.2 million for the quarter.
IAT Leasing, an Ireland-based leasing company, has announced the acquisition of a 2013 Airbus A330-300, serial number 789, from Castlelake, a U.S. private investment firm. The aircraft is currently leased to Aer Lingus, a leading Irish carrier, and was acquired on behalf of a U.S. investor partner.
China Eastern Airlines has reported a net loss of US$137 million for the first quarter of 2025, even as revenues experienced a 0.7% year-over-year increase, reaching US$4.5 billion. This performance highlights persistent operational and market pressures facing one of China’s major state-owned carriers.
Singapore Airlines is enhancing its premium offerings with a significant $832 million investment in new First Class suites and Business Class cabins, set to roll out across its Airbus A350-900 fleet. This upgrade, part of the airline’s strategy to up-gauge its premium product portfolio, will bring a new level of luxury and comfort to long-haul…
In the ever-changing landscape of the aviation industry, Volotea, a Spanish low-cost airline, has decided not to pursue slots at Milan Linate, leaving easyJet as the only airline still interested in these slots. This decision comes in the wake of ITA Airways and Lufthansa having to give up their slots as part of the EU…
Vietjet (Vietnam) and Satair (Denmark) have entered into a multi-year partnership for Satair’s Integrated Material Services (IMS), covering spare parts and material support for Vietjet’s entire Airbus A320 and A330 fleet. This collaboration will enhance fleet reliability, maintenance efficiency, and operational cost management for the airline.
