Jet2 has released its financial results for the fiscal year ended 31 March 2025, showing robust growth with a 15% increase in revenue to $9.7 billion. The airline also posted a 12% year-over-year rise in profit after taxation, reaching $607.7 million, solidifying its position among the most successful UK-based leisure carriers.
Fitch Ratings has downgraded Wizz Air Holdings‘ Long-Term Issuer Default Rating (IDR) and senior unsecured rating to ‘BB’ from the previous ‘BB+’. Despite the downgrade, the outlook remains stable, and the Recovery Rating on the senior unsecured notes has been affirmed at ‘RR4’.
Delta Air Lines has reported its financial performance for the second quarter of 2025, delivering net income of $2.1 billion, representing a 63% increase year-over-year. This comes even as total operating revenue remained flat at $16.6 billion, indicating improved cost management and operational efficiency within the airline’s structure.
The investigation into a recent Air India Boeing 787 incident is centering around the movement of the engine fuel control switches, with initial findings indicating no mechanical or design flaw in either the aircraft or the GEnx-1B engines produced by GE Aerospace.
WestJet, Canada’s second-largest carrier, has received a Boeing 737-800, serial number 41353, on lease, further expanding its narrowbody fleet. The aircraft is powered by CFM56-7BE engines, produced by CFM International, and is expected to support domestic and transborder operations.
Volaris, Mexico’s leading ultra-low-cost carrier, has expanded its modern fleet with the delivery of an Airbus A320neo, bearing serial number 12651. The aircraft is powered by PW1127G-JM engines from Pratt & Whitney, continuing the airline’s strategy of operating one of the youngest and most efficient fleets in Latin America.
Vietravel Airlines, a Vietnamese hybrid carrier, has expanded its narrowbody fleet with the delivery of an Airbus A321, bearing serial number 6672. The aircraft is powered by V2533-A5 engines, manufactured by IAE (International Aero Engines), supporting the airline’s plans for regional growth and increased route frequency.
United Nigeria Airlines, a fast-growing Nigerian carrier, is in the process of acquiring six Boeing 737-800 aircraft to support its strategic expansion across domestic and regional markets. The move signals the airline’s intent to significantly scale its capacity and route offerings in West and Central Africa.
Total Linhas Aéreas, a Brazilian cargo operator, is offering one Boeing 737-400F for lease under an ACMI (Aircraft, Crew, Maintenance, and Insurance) arrangement, with a minimum lease term of three months. The offer targets customers seeking short-term cargo lift solutions, particularly in Latin America and potentially other underserved regional markets.
Pattaya Airways, a Thailand-based regional cargo carrier, is preparing to induct its third aircraft, an ATR72-500F, into its fleet under a dry lease agreement during Q2 2026. The airline is also actively soliciting offers for additional leased aircraft, signaling an expansion strategy in response to rising regional cargo demand.
