Fitch Ratings (US) has announced that the Chapter 11 bankruptcy filing of Spirit Airlines (US) will not have a material impact on Aircraft Lease ABS (Asset-Backed Securities). The credit rating agency attributes this stability to the limited exposure of ABS pools to aircraft leased by Spirit Airlines.
Esas Holding (Türkiye) has completed the transaction of selling 19.2 million shares in Pegasus Airlines to international investors. The shares represent a 3.85% stake in the carrier, reducing Esas Holding’s ownership to 52.8%.
Etihad Airways, the national carrier of the UAE, has officially signed a codeshare agreement with Air Astana, Kazakhstan’s flag carrier, effective November 26, 2024. This partnership is set to enhance connectivity between the two countries, offering passengers increased travel options and seamless connections.
Mavcom (Malaysian Aviation Commission) has recently announced the reallocation of four Subang–Singapore Changi route slot pairs to enhance airline connectivity between the two cities. These slots, formerly held by SKS Airways, have been distributed among AirAsia, Batik Air Malaysia, Firefly, and Malaysia Airlines.
Uzbekistan Airways has announced plans to launch seasonal flights connecting Tashkent to New York JFK Airport, with operations scheduled from 30 March to 23 October 2025. The route will be served by the Boeing 787-8 Dreamliner, known for its fuel efficiency and passenger comfort.
L’Odyssey, a Swiss-based airline, has announced the postponement of the launch of seven new destinations from Nîmes Airport. Originally planned for the 2025 summer season, the openings have been rescheduled to mid-December 2024, citing the need for further clarifications from the DGAC (Direction Générale de l’Aviation Civile).
Israir Airlines, a prominent Israeli carrier, has announced plans to launch a new route connecting Tel Aviv to Milan Bergamo Airport. The service is set to commence on 11 January 2025 and will be operated using the Airbus A320.
Iran Air, the national carrier of Iran, has officially resumed its service between Tehran Imam Khomeini International Airport and Dubai as of 15 November 2024. This route is operated using the Airbus A319, marking an important step in restoring connectivity between Iran and the UAE.
flydubai, the UAE-based low-cost carrier, has announced the launch of seasonal summer flights connecting Dubai to Al Alamein. The service will run from 21 June to 07 September 2025, catering to increasing demand for travel between the two destinations during the peak summer season.
flyadeal, a low-cost carrier based in Saudi Arabia, has announced plans to expand its international footprint by targeting new markets in India, China, and Southeast Asia. The airline has expressed a particular interest in launching services to India within the next 12 months, with additional routes to China and Southeast Asia to follow.
