China Eastern Airlines has further expanded its operational capabilities with the delivery of one C919, serial 00016, powered by LEAP-1C28 engines, and three A320neo aircraft, serials 12361, 12352, and 12350, all equipped with LEAP-1A26 engines. These additions highlight the airline’s ongoing commitment to modernizing its fleet and improving operational efficiency.
Cambodia Airways is actively expanding its fleet as part of its growth strategy by seeking Airbus A320 aircraft for inclusion. The airline plans to acquire these aircraft through dry leasing agreements, allowing it to scale operations efficiently while maintaining flexibility in its fleet composition.
Boliviana de Aviación (BoA) has outlined its fleet expansion plans for 2025, aiming to bolster its operations and enhance its service capabilities. The national carrier intends to introduce two net new aircraft starting from February 2025, bringing its total fleet size to 23 aircraft by the end of the year.
airBaltic (Latvia) has been forced to cancel 4,670 flights scheduled across all its bases for the summer 2025 season. The cancellations come as a direct result of Pratt & Whitney (US) informing the carrier that several of its A220-300 aircraftwill remain grounded well into 2025 due to ongoing engine shortages.
Aeronaves TSM (Mexico) has announced its strategic expansion into the cargo market, marking a significant milestone in its operational growth. The airline has wet leased two B737-400SF aircraft, which will be deployed to provide cargo services for Mercado Libre (Argentina).
Spirit Airlines (US) has initiated a US$350 million equity rights offering as part of its ongoing Chapter 11 bankruptcy restructuring efforts. This strategic move aims to bolster the airline’s financial stability and ensure operational continuity amid its restructuring process.
Jeju Air (South Korea) is bracing for increased financial challenges following the crash of one of its B737-800 aircraft. The incident has placed additional strain on the airline’s cash flow, already burdened by advance payments for airline tickets, which currently stand at approximately US$176.8 million.
GOL (Brazil) has finalized an individual settlement agreement with the National Treasury Attorney’s Office and the Special Secretariat of the Federal Revenue of Brazil. The agreement addresses and resolves tax liabilities for the company and its subsidiaries, amounting to a total of US$889 million.
Aerolineas Argentinas, the national carrier of Argentina, has reported a significant reduction in its reliance on government subsidies in 2024. The airline required only $64.2 million in subsidies, a substantial decline compared to the $128.4 million it needed in 2023. This development underscores ongoing efforts by the airline to enhance its operational efficiency and financial sustainability.
Qazaq Air, a regional airline based in Kazakhstan, has announced the arrival of new ownership following the sale of a 51% stake by the national welfare fund Samruk-Kazyna. The new majority stakeholders include Sovico Group from Vietnam and Kazasia Holdings from Kazakhstan. This pivotal move marks a significant milestone in the airline’s growth and expansion strategy.
