Virgin Australia, one of Australia’s leading airlines, has bolstered its fleet with the addition of a Boeing 737-800, identified by serial number 44219. This aircraft, acquired on lease, is powered by advanced CFM56-7B27E engines, delivering optimal performance and efficiency.
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Lufthansa Group (Germany) is poised to finalize a major deal to acquire a stake in ITA Airways (Italy) on January 13, 2025, marking the culmination of years of negotiations. This strategic investment is expected to strengthen Lufthansa’s position in the European aviation market and provide ITA Airways with a stable partner to support its growth and modernization efforts.
Avation PLC, a Singapore-based commercial passenger aircraft leasing company, has released its unaudited financial results for the six months ended December 31, 2024. The company reported a profit after tax of US$868,000, marking a significant turnaround from the loss recorded in the same period last year.
Air New Zealand has announced the commencement of a share buyback program starting 07 March 2025, aiming to repurchase up to 343.7 million shares for a maximum total of $57 million. This initiative forms part of the airline’s capital management strategy, reflecting confidence in its financial position and future growth prospects.
Thai Lion Air, a leading low-cost carrier in Southeast Asia, has expanded its fleet with the delivery of a Boeing 737-800, identified by serial number 39870. The aircraft, acquired on lease, is powered by CFM56-7B26E engines, reflecting the airline’s ongoing commitment to operational efficiency and passenger service.
Air Belgium has announced that any offers to acquire part or all of its operations must be submitted by November 15, 2024. The airline, seeking stability amid strategic restructuring, aims to secure “solid and irrevocable” bids from interested parties. This deadline marks a significant step in Air Belgium’s plan to evaluate its operational future through potential new ownership, whether…
China Eastern Airlines has expanded its narrowbody fleet with the delivery of a new Airbus A320neo, bearing serial number 12615, and powered by LEAP-1A26 engines from CFM International. This aircraft continues the airline’s steady integration of next-generation jets designed for improved efficiency and environmental performance.
