EPCOR, a subsidiary of the Dutch aerospace group AFI KLM E&M, specializing in Auxiliary Power Unit (APU) services, and Finnair, the flag carrier of Finland, have agreed to extend their maintenance contract for an additional five years. This agreement covers the GTCP331-350 APUs installed on Finnair’s fleet of Airbus A330 aircraft.
Belavia, the national airline of Belarus, is on the verge of significantly bolstering its fleet by adding three Airbus A330aircraft. These planes were previously operated by Magic Air of Gambia and are being repurposed to fit Belavia’s operational needs.
TAP Air Portugal has announced its financial results for 2024, highlighting a net income of $58.0 million. This performance marks a stable year for the airline, with a modest increase in operating revenues of 0.7%, totaling $4.5 billion.
Kenya Airways has achieved a notable financial milestone, reporting its first full-year profit in 12 years. In 2024, the airline recorded a total revenue of $1.5 billion, up 6% from the previous year, culminating in a net profit of $41.7 million. A significant contributor to this success was gains from foreign exchange, a key driver in the airline’s…
Singapore Airlines and ANA All Nippon Airways have been granted conditional approval by the Competition and Consumer Commission of Singapore (CCCS) for their Proposed Commercial Cooperation. This approval marks a significant step forward in formalizing the strategic partnership between the two leading airlines.
Dubai Aerospace Enterprise (DAE), based in the UAE, has successfully delivered the sixth and final Boeing B737 MAX family aircraft to Aeromexico. This delivery marks the completion of DAE’s current mandate with the airline, which included three B737-8 and three B737-9 aircraft.
Air Serbia is set to expand its fleet significantly in 2025, beginning with the addition of one Embraer E195 on a dry lease in April, followed by two additional E195s and one A320-family aircraft later in the year during the fourth quarter.
Surinam Airways has further extended the operation of its leased Airbus A340-600 aircraft on the flagship Paramaribo–Amsterdam route through 30 June 2025. The aircraft continues to be operated by USC (Germany), which provides the widebody under a wet-lease arrangement.
Korean Air is nearing the finalization of a major $32.7 billion agreement that will significantly expand and modernize its long-haul fleet. The memorandum of understanding (MOU) includes the acquisition of 20 Boeing B777-9 and 20 Boeing B787-10 aircraft, with options for 10 additional aircraft and up to ten spare engines.
Air India is evaluating a substantial multi-billion dollar order for new widebody aircraft, reportedly involving between 30 and 40 jets from both the Airbus A350 and Boeing B777X families. Sources indicate that the potential deal could ultimately exceed 50 aircraft.
