Recent reports suggesting that flydubai, the Dubai-based low-cost carrier, and Busy Bee Airways, an Indian aviation company, are collaborating to acquire the assets of the defunct Indian airline Go First have been refuted by both parties.
China Southern Airlines has announced the suspension of its proposed plan to spin off and publicly list its wholly-owned subsidiary, China Southern Air Logistics Company Limited, on the Shanghai Stock Exchange (SSE). This decision comes in response to the prevailing market environment, which the company deems unfavorable for such a move at this time.
In a move to bolster transparency and accountability, AirAsia X (AAX) has announced the implementation of internal financial targets as part of its regular financial disclosures. This strategic initiative is designed to offer investors and stakeholders enhanced clarity regarding the airline’s financial health and operational objectives.
Air Mauritius has officially announced the departure of Chief Executive Officer (CEO) Charles Cartier, effective immediately. This decision was made during the company’s Annual General Meeting (AGM) held on February 6, 2025, where shareholders chose not to renew Cartier’s mandate. Consequently, a managing committee has been established to oversee the airline’s operations during the transitional period until a new CEO…
flydubai has opted to extend the leases on four Boeing 737-800 aircraft that were originally scheduled for return to their lessors. This decision comes as the airline did not receive any of the aircraft contractually expected for delivery in 2024, affecting its planned fleet expansion.
Cebu Pacific CEO Mike Szucs has expressed interest in the development of a potential narrowbody airliner by Embraer, highlighting its potential to enhance global aircraft availability and stimulate competition among original equipment manufacturers (OEMs). Szucs noted that such an aircraft could be an attractive addition to the market, offering airlines more options and potentially improving supply dynamics.
Brussels Airlines has entered into a wet-lease agreement with Air Europa, enlisting a Boeing 787-9 Dreamliner to service its Brussels to New York JFK route. This arrangement commenced on February 22, 2025, and is set to continue while several of Brussels Airlines’ Airbus A330 aircraft are undergoing maintenance.
BOC Aviation Limited, a Singapore-based aircraft leasing company, has announced the purchase of five Boeing 737-8 aircraft from The Boeing Company. These aircraft will be leased on a long-term basis to Arajet S.A., a low-cost carrier based in the Dominican Republic. The deliveries are scheduled for 2026 and 2027, and all aircraft will be powered by CFM LEAP-1B engines.
Air Montenegro has expanded its operational capacity by securing a wet-lease of an Embraer E190 aircraft from Windrose Airlines, a Ukrainian carrier. The aircraft, bearing serial number 19000494, will be integrated into Air Montenegro’s fleet under this agreement, which extends until October 31, 2025.
Volaris, Mexico’s leading ultra-low-cost airline, posted a net income of $46 million for the fourth quarter of 2024, despite a 7% decline in operating revenue to $835 million. The airline’s financial position remained strong, with total cash, cash equivalents, restricted cash, and short-term investments reaching $954 million.
