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My Freighter Acquires First B757-200F

My Freighter, a cargo airline based in Uzbekistan, has announced the acquisition of its first Boeing 757-200F on lease from Titan Aviation Leasing, headquartered in the United States. The delivery of this freighter aircraft is scheduled for late February 2025, marking a significant milestone in My Freighter’s expansion strategy.

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Icelease Places B737-800BCF with ASL Aviation

Icelease, an aircraft leasing company based in Iceland, has successfully placed a B737-800BCF (Boeing Converted Freighter), identified by serial number 30879, on lease with ASL Aviation Holdings, headquartered in Ireland. This lease agreement further expands ASL Aviation’s capabilities in the cargo sector.

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Cathay Pacific Opens Widebody Aircraft Bid

Cathay Pacific, the flagship carrier of Hong Kong, has officially launched a bidding process to acquire new widebody aircraft, with the Airbus A350, Boeing B787, and B777X competing for the order. While the final number of jets to be procured has not been confirmed, this development highlights Cathay Pacific’s commitment to modernizing its fleet.

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Boeing Reports $11.8 Billion Loss for 2024 Despite Growing Backlog

Boeing has reported a challenging financial year for 2024, with a 14% drop in revenue to $66.5 billion and a net loss of $11.8 billion. In the fourth quarter, the company faced a 31% revenue decline to $15.2 billion, accompanied by a net loss of $3.86 billion.