Connect Airlines (US) has officially transferred its final aircraft, a DHC8-400, bearing serial number 4327, to Air Niugini (Papua New Guinea). With this transfer, Connect Airlines is now left without any aircraft in its fleet, marking a significant shift in its operational status.
Cebu Pacific (Philippines) has successfully closed its first-ever sustainability-linked Japanese Operating Lease with Call Option (JOLCO) for a new Airbus A321neo. This milestone financing reflects the airline’s commitment to integrating sustainable practices into its growth strategy.
Aircraft Leasing & Management (UK) has announced the acquisition of an A321neo, bearing serial number 10056, from Minsheng Financial Leasing (China). The aircraft is currently under an existing lease agreement with Viva (Mexico), enhancing its operational use in the growing Latin American market.
Airbus has announced its 2024 performance, reporting the delivery of 766 commercial aircraft to customers worldwide. The year also saw 878 gross orders and 826 net orders, reflecting strong demand across its product range.
Air India has finalized its comprehensive aircraft order with Airbus, comprising a total of 350 aircraft. The order includes 210 A321neo, 90 A320neo, 25 A350-900, and 25 A350-1000 models. As part of this agreement, six A350-900s have already been delivered, marking a significant milestone in Air India’s ongoing fleet modernization strategy.
Air Algérie has revised its aircraft order with Airbus, canceling its initial commitment for two A350-1000s while placing a new order for three additional A330-900s. This adjustment reflects the airline’s evolving fleet strategy to optimize its operations and better meet market demands.
Aero Capital Solutions (US) has shared its 2024 transaction highlights, showcasing a year of significant activity and growth. The company purchased 67 aircraft and 10 standalone engines during the year, strengthening its diverse portfolio of aviation assets.
AerFin (Ireland) has successfully completed the purchase and teardown of a Boeing 777-300ER previously operated by Japan Airlines (JAL). This acquisition marks another significant step in AerFin’s efforts to bolster its aftermarket inventory for widebody aircraft parts.
Abelo (Ireland) has modified its initial order with ATR for 10 ATR42 STOL aircraft, converting it into a combination of five ATR42-600 and five ATR72-600 models. This strategic adjustment reflects Abelo’s efforts to optimize its fleet for diverse operational requirements.
StandardAero (US) has announced that its San Antonio engine overhaul center has secured maintenance organization approval from the Civil Aviation Administration (CAA) of China for the LEAP-1A and LEAP-1Bturbofan engines. This approval is a significant milestone, enabling StandardAero to perform maintenance, repair, and overhaul (MRO) services for Chinese operators using these advanced engines.
