Vietnam Airlines Secures $560M Funding Commitment From Citibank

ByAdmin 10/04/202514/04/2025

Vietnam Airlines has taken a significant step in strengthening its financial position by signing a Memorandum of Understanding (MOU) with Citibank (US), securing a funding commitment exceeding US$560 million. The capital injection is aimed at supporting the airline’s long-term strategic investment initiatives, which include fleet renewal, modernization efforts, and infrastructure development.

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Airlines | Flag Carrier | Fleet

Garuda Indonesia Plans Fleet Expansion in 2025

ByAdmin 09/12/202411/12/2024

Garuda Indonesia, the national flag carrier of Indonesia, has announced plans to expand its fleet by adding 15-20 aircraft in 2025. This ambitious move reflects the airline’s strategy to strengthen its operations and meet the rising demand for air travel in both domestic and international markets.

Airbus | Airlines | CFM International | Delivery | Fleet

AirAsia Takes Delivery of A321neo Aircraft

ByAdmin 28/11/202402/12/2024

AirAsia (Malaysia) has expanded its fleet with the delivery of a new Airbus A321neo, identified by serial number 12116. The aircraft is equipped with LEAP-1A32 engines, offering advanced fuel efficiency and performance.

Airlines | Financial

Wamos Air Settles $67.4 Million Loan Early, Clears SEPI Debt

ByAdmin 17/10/2024

Wamos Air, a Spanish airline known for its charter and wet lease operations, has made an early repayment of a $67.4 million loan.

Airlines | Governments | Merger

Korean Air and Asiana Airlines Anticipate EU Merger Approval by Early November 2024

ByAdmin 28/10/202430/10/2024

Korean Air and Asiana Airlines are optimistic about receiving European Union (EU) regulatory approval for their merger by early November 2024.

Airlines | Financial | Partnership

Thai Airways Targets Foreign Airline Investment Through Private Placement in Restructuring Plan

ByAdmin 28/10/202430/10/2024

Thai Airways International is advancing its capital restructuring efforts, seeking foreign airline partners for strategic investment through a targeted private placement.

Accident | Airlines | Airports | Sukhoi

Azimuth Airlines to Assess SJ-100 After Antalya Incident

ByAdmin 27/11/202401/12/2024

Azimuth Airlines (Russia) is currently assessing the continued operation of its Sukhoi SJ-100 aircraft involved in an incident at Antalya Airport. The plane experienced a hard landing, during which a fuel fire ignited near the aircraft. Preliminary evaluations suggest the plane may be deemed a total loss.

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