Flair Airlines, a Canadian ultra-low-cost carrier, is facing a $30.9 million countersuit in Ontario from four Irish lessors— Columbia Lights Aviation, Corvus Lights Aviation, Mam Aircraft Leasing, and Airborne Capital. The legal action stems from alleged financial damages tied to lease terminations and the repossession of four Boeing 737 MAXaircraft.
ETF Airways, a Croatian charter and ACMI airline, has undergone a significant ownership transition as its management team has acquired the shares previously held by the airline’s initial investors. The buyout was led by CEO Stjepan Bedic, who now holds a majority stake in the company, alongside board member Marko Bankovic.
China Eastern Airlines has announced a broad revision of its existing aircraft and engine lease agreements, alongside the renewal of several key service contracts, including those related to financial services, logistics, and in-flight catering. The revised and renewed agreements come with proposed annual caps extending through 2028, signaling long-term operational planning and cost control.
Air India Express, a low-cost subsidiary of Air India, was formally reprimanded in March 2025 by India’s aviation regulator for non-compliance with mandatory engine part replacements on an Airbus A320, as directed by the European Union Aviation Safety Agency (EASA). The incident involved serious breaches of maintenance protocol, including falsified documentation to falsely indicate compliance.
SMBC Aviation Capital, one of the world’s largest aircraft leasing companies, has finalized lease agreements with AJet, a Turkish airline, for five Airbus A320neo aircraft. This transaction represents a notable expansion in AJet’s narrowbody operations as it continues to scale up across domestic and regional routes.
Saudia, the national airline of Saudi Arabia, has expanded its narrowbody fleet with the delivery of a new Airbus A321neo, carrying manufacturer serial number 12539. The aircraft is equipped with CFM International LEAP-1A32engines, designed to deliver improved fuel efficiency and lower noise emissions.
Oman Air, the national carrier of the Sultanate of Oman, has received a new Boeing 737-8 aircraft with manufacturer serial number 63370. The aircraft is powered by CFM International LEAP-1B27 engines, known for their efficiency and reduced environmental footprint.
Malaysia Aviation Group (MAG), the parent company of Malaysia Airlines, has officially exercised its purchase rights for 20 Airbus A330-900 aircraft. These widebody jets are slated for delivery between 2029 and 2031, as part of the group’s long-term fleet renewal strategy.
Korean Air, South Korea’s flag carrier, has expanded its widebody fleet with the addition of a Boeing 787-10, carrying manufacturer serial number 66881. The aircraft is powered by General Electric GEnx-1B engines, known for their high efficiency and lower emissions on long-haul operations.
KLM, the flag carrier of the Netherlands, has officially taken delivery of an Airbus A321neo, with manufacturer serial number 12600. The aircraft is equipped with CFM International LEAP-1A30 engines and represents a significant milestone in the airline’s narrowbody fleet modernization efforts.
