XEJet, a Lagos-based airline, has bolstered its fleet with the acquisition of a fourth Bombardier CRJ200 aircraft, bearing the serial number 7937. This aircraft is owned by Regional One, a prominent aviation asset management firm headquartered in the United States.
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Binter, the Canary Islands-based airline, has expanded its fleet with the addition of a new E195-E2 aircraft. This delivery marks a significant step in the airline’s fleet modernization efforts, bringing advanced technology and enhanced passenger comfort to its operations. The newly acquired aircraft, bearing serial number 19020163, is powered by PW1921G engines, which are celebrated for their superior efficiency…
Challenge Airlines BE (Belgium) has strengthened its cargo fleet with the delivery of a B747-400F, serial 33729, powered by CF6-80C2B1F engines. This addition enhances the airline’s ability to meet growing demand in the cargo sector.
Azul has announced a significant capital increase following approval by its Board of Directors. The airline plans to raise between $260 million and $1 billion through a private subscription of new preferred shares, reinforcing its financial position amid ongoing strategic growth efforts.
I Fly Airlines (Russia) has reported a significant threefold increase in revenue for the first quarter of 2025, reaching over US$23 million, largely driven by the ongoing wet lease of three A330 aircraft to fellow Russian carrier Aeroflot. This leasing arrangement has provided a stable revenue stream for I Fly and underscores the growing interdependence between carriers in the Russian market as…
Frontier Airlines, a US-based low-cost carrier, has arranged to finance nine A321neo aircraft through a sale/leaseback agreement with Avolon (Ireland). Under the terms of the deal, the lease will span 12 years, with an option to extend for an additional two years, offering Frontier flexibility in fleet management and long-term operational planning.
LAM, the national carrier of Mozambique, has decided to return its Boeing 737-300F, identified by serial number 28567, to its lessor. This aircraft, which was designated for freighter operations, will be returned without having completed a single flight under LAM’s operations.
