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Canadian Government Sells Air Canada Stake

The Canadian government has reportedly sold its 6% stake in Air Canada, which it had acquired in 2021 for $350 million as part of a bailout package to support the airline during the COVID-19 pandemic. This move marks a significant development in the relationship between the government and the nation’s flagship carrier.

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Air Belgium Takeover Approved by Nivelles Court

The Nivelles enterprise court has approved the takeover of Air Belgium by Peso Aviation Management (Netherlands) and Air One Holding International (UK). The new ownership marks a significant shift for the Belgian carrier, which will now focus exclusively on cargo operations. The restructuring will also see the workforce reduced from 401 employees to 197, reflecting the streamlined focus on cargo services.

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Ukraine Seizes Seven UIA Aircraft in Tax Evasion Probe

The Bureau of Economic Security of Ukraine has seized seven aircraft belonging to Ukraine International Airlines (UIA) in connection with a tax evasion case involving a Cypriot company linked to Ukrainian oligarchs Igor Kolomoisky and Aron Mayberg. The seized assets include three Boeing 737-800s, one Boeing 737-900, and three Embraer E190s, with a combined value of approximately $40 million.

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United Airlines Adds B787-9, United Express Adds E175

United Airlines, a major US carrier, has expanded its fleet with the delivery of a Boeing 787-9 Dreamliner, identified by serial number 38276. The aircraft is equipped with GEnx-1B76A engines, known for their superior fuel efficiency and performance on long-haul routes. Additionally, United Express, the regional subsidiary of United Airlines, has taken delivery of an Embraer E175, serial number 17000980. The…

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TrueNoord Plans Aircraft Orders in 2025

TrueNoord, a specialist regional aircraft lessor based in the Netherlands, is evaluating potential aircraft orders from OEMs (Original Equipment Manufacturers) for 2025, according to its CEO, Anne-Bart Tieleman. This consideration reflects TrueNoord’s forward-looking strategy to expand its portfolio and meet growing demand for regional aviation assets.

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Half of PIA Fleet Grounded Due to Parts Shortage

Pakistan International Airlines (PIA) is facing operational challenges with 17 of its 34 aircraft grounded due to a critical shortage of spare parts. The grounded fleet includes seven Boeing 777s, seven Airbus A320s, and three ATRs, significantly impacting the airline’s capacity to maintain its scheduled operations.