Aergo Capital Limited, a Dublin-based aircraft leasing company, has announced the acquisition of an Airbus A320-200 aircraft, bearing manufacturer serial number 5692. The aircraft, managed by SMBC Aviation Capital, is currently on lease to Iberia, Spain’s flagship carrier.
AerCap, a global leader in aircraft leasing headquartered in Ireland, has announced delays in the delivery schedules of several Boeing and Airbus aircraft due to recent production disruptions. Ongoing labor strikes at Boeing have led AerCap to postpone deliveries of eight Boeing aircraft initially slated for 2024, with their delivery now deferred into 2025 and…
Croatia Airlines has reported a net loss of €9 million for the third quarter of 2024, a period traditionally profitable for the carrier. This downturn is primarily attributed to elevated expenses associated with the ongoing transition to a new fleet of Airbus A220 aircraft.
Alaska Air Group has reported its financial results for the third quarter ending September 30, 2024, showcasing a strong performance that positions the company at the forefront of the airline industry. The company achieved a GAAP pretax margin of 10.7% and earnings per share (EPS) of $1.84. Excluding special items and mark-to-market fuel hedge accounting…
China’s Commercial Aircraft Corporation (COMAC) has opened an office in Hong Kong, its second international location established this week, following the launch of a Singapore office. This expansion marks a strategic step for COMAC, the developer of China’s ARJ21 and C919 commercial aircraft, as it aims to increase its footprint in key global markets and…
Boeing and the International Association of Machinists and Aerospace Workers (IAM) have reconvened for contract negotiations following the union’s rejection of an improved contract offer last week. This latest meeting was facilitated by Acting US Labor Secretary Julie Su, who joined the session to help guide productive discussions between the planemaker and union representatives. This…
SAMCO Aircraft Maintenance has signed a four-year contract extension with CityJet, an Ireland-based wet-lease airline, to provide comprehensive maintenance services for CityJet’s CRJ 900 and CRJ 1000 fleet operating throughout Europe. This extended agreement covers all line maintenance needs, including regular hangar maintenance visits, which will be conducted from SAMCO’s Scandinavian Hub in Copenhagen and…
HAECO Group, a leading provider of aircraft maintenance, repair, and overhaul (MRO) services, has signed a Memorandum of Understanding (MOU) with Shanghai Aircraft Customer Service Co. Ltd. (SACSC), a subsidiary of the Commercial Aircraft Corporation of China (COMAC). This partnership is set to expand maintenance capabilities for COMAC’s ARJ21 and C919 aircraft platforms, providing comprehensive…
TAAG Angola Airlines is evaluating the addition of a second Boeing 737-800BCF (Boeing Converted Freighter) and potentially a widebody freighter as it seeks to meet the growing demand for air cargo transport across Africa and beyond. This prospective fleet expansion would enhance TAAG’s capacity to handle increased cargo volumes on regional routes while also supporting…
Sichuan Airlines, one of China’s prominent regional carriers, has expanded its fleet with the addition of a new Airbus A321, serial number 2971. The aircraft, powered by V2533-A5 engines, enhances the airline’s operational capacity on high-demand routes across China and neighboring regions. Known for its reliability and fuel efficiency, the A321 is a valuable asset…
