Air New Zealand has announced the commencement of a share buyback program starting 07 March 2025, aiming to repurchase up to 343.7 million shares for a maximum total of $57 million. This initiative forms part of the airline’s capital management strategy, reflecting confidence in its financial position and future growth prospects.
SriLankan Airlines CEO Richard Nuttall is exploring refinancing options to restructure the airline’s debt, which would serve as a preliminary step before any A330 fleet renewal. The carrier is also considering doubling its total fleet size to 50 aircraft, signaling a potential long-term expansion strategy.
Malaysia Airlines has taken delivery of one Airbus A330-900, expanding its long-haul fleet with another fuel-efficient widebody. The aircraft, identified by serial 2084, is leased and powered by Trent 7000-72 engines, supporting the airline’s fleet renewal efforts.
Macquarie AirFinance (Ireland) has successfully completed the delivery of three Airbus A320neo aircraft to its new customer, Avianca (Colombia). This milestone marks the beginning of a leasing partnership between the two companies, supporting Avianca’s fleet modernization and network expansion.
Airbus has updated its January 2025 order book, reflecting several significant transactions. The most notable order came from Lufthansa, which placed an order for 25 Airbus A320neos, strengthening its narrowbody fleet.
Air Serbia is set to wet lease two additional Embraer E190s from Bulgaria Air to meet increased summer season demand. The fourth aircraft in this arrangement is expected to join the fleet by June 2025.
Air Albania (Albania) has taken delivery of one Boeing B737-800, bearing serial number 40880, through a wet lease agreement with SkyUp Airlines (Ukraine). The aircraft is powered by CFM56-7B26E engines, reinforcing the airline’s narrowbody fleet.
SriLankan Airlines reported a $6.6 million net loss for the seven months ending October 2024, as net traffic revenue fell 14.9% to $517.3 million. The decline reflects weaker demand and financial struggles, continuing the airline’s challenging financial trajectory.
Etihad (UAE) has reported a significant surge in profitability for 2024, with net profit tripling to $476 million and revenues increasing 25% to $6.9 billion. The airline’s financial performance underscores strong passenger demand, strategic cost efficiencies, and expansion in key markets.
Thai Airways International is preparing for a major international expansion as it nears the completion of its debt restructuring process in late 2025. Debt administrator Piyasvasti Amranand has outlined plans for network growth, positioning the airline for stronger global competition.
