Aircraft Leasing & Management (ALM), based in the UK, has successfully arranged the lease of two Boeing B737-800aircraft to Garuda Indonesia. The aircraft involved are identified by serial numbers 44217 and 44218, and the deal marks a continuation of Garuda’s gradual fleet renewal and capacity optimization efforts.
Air Canada has revised its fleet delivery schedule, confirming that both the A321XLR and B787-10 aircraft types will now be delivered starting in 2026, representing a delay of several months from the originally expected timeline. The adjustments affect the airline’s fleet development strategy through 2028 and reflect broader supply chain constraints impacting OEMs globally.
ACIA Aero Leasing, based in Ireland, has announced the successful delivery of the first of two ATR72-600 turboprop aircraft to Emerald Airlines, also headquartered in Ireland. The aircraft is configured in a 72-seat layout, maximizing capacity within the aircraft’s regional operational envelope and supporting Emerald Airlines’ continued network expansion.
StandardAero has posted strong financial results for the first quarter of 2025, underscoring the continued momentum in the global MRO and aerospace services market. The company reported a 16.2% year-on-year revenue increase, reaching $1.43 billion, while net income rose to $59.8 million.
Norwegian has outlined a new initiative known as Program X, aiming to significantly boost its long-term financial performance. The program, announced as part of its strategic planning, sets a clear goal of delivering a profit improvement exceeding $96.4 million annually starting from 2026. This target marks a critical step in Norwegian’s post-pandemic recovery efforts and reflects a broader trend…
Volotea, the Spanish low-cost carrier, is evaluating a potential revival of its strategic partnership with the Abra Group, a UK-based airline investment firm. The renewed collaboration is reportedly contingent on the progress and final resolution of the proposed IAG (UK) acquisition of Air Europa (Spain), which is currently under regulatory and competitive review.
Thai Airways International has officially completed the restructuring of Thai Smile Airways, its wholly owned regional subsidiary. As a result, the group will move forward with the dissolution of Thai Smile, integrating operations as part of a broader strategy to streamline its business and improve cost efficiency.
Nepal Airlines, the state-owned flag carrier of Nepal, is set to undergo a comprehensive restructuring, according to a recent announcement by the country’s President, Ramchandra Paudel. The statement was made during a public address focused on broader efforts to reform and enhance the nation’s civil aviation sector.
Fly Modern Ark (FMA), a South African aviation services provider, has expressed its full cooperation with the forensic audit of LAM Mozambique Airlines’ financial accounts, a process initiated amid growing scrutiny of the state-owned carrier’s governance. At the same time, FMA has been forced to initiate legal proceedings to recover outstanding payments for services rendered to the Mozambican airline.
APOC, a Netherlands-based specialist in aircraft component asset management and leasing, has announced the appointment of Craig Skilton as Vice President – Components. This strategic hire is expected to bolster the company’s growing global operations, particularly in the area of component trading and inventory management.
