SAS Connect, a subsidiary of Scandinavian Airlines (SAS) based in Sweden, has taken delivery of an Airbus A320neo, serial number 12528, equipped with LEAP-1A26 engines supplied by CFM International. The aircraft represents another step in SAS’s ongoing fleet renewal initiative aimed at improving fuel efficiency and reducing environmental impact.
Airbus has reported a robust performance for the first quarter of 2025, with revenues rising 6% to reach $13.5 billion. The European aerospace giant recorded a net income of $793 million and ended the quarter with a net cash position of $11.0 billion. The company logged gross commercial aircraft orders of 280, and after accounting for cancellations, concluded the period with 204 net orders.
Transavia France, the low-cost subsidiary of the Air France-KLM Group, has taken delivery of a new Airbus A320neo, serial number 12548, powered by CFM International LEAP-1A24 engines. This delivery reinforces the airline’s ongoing commitment to fleet renewal and environmental sustainability.
PLAY, the Icelandic low-cost airline, has announced the continuation of its ACMI (Aircraft, Crew, Maintenance, and Insurance) agreement with SkyUp Malta for four aircraft, extending the arrangement through 2027. This move solidifies PLAY’s operational capacity and network flexibility as it scales up during peak travel seasons.
China Southern has taken delivery of three Airbus A320neo family aircraft, including one A319neo (MSN 12495), one A320neo (MSN 12516), and one A321neo (MSN 12569). All three jets are powered by LEAP-series enginessupplied by CFM International, with the A319neo and A320neo using LEAP-1A26 engines and the A321neo equipped with LEAP-1A32 engines.
Volaris reported a net loss of US$51 million for the first quarter of 2025, driven by a 12% decline in total operating revenue to US$678 million. The Mexican ultra-low-cost carrier also reported total liquidity of US$862 million, including cash, cash equivalents, and short-term investments.
Condor, the leisure airline based in Germany, has reported a net loss of $70.4 million for the 2023/24 financial year, even as the carrier posted a 16% increase in revenue to approximately $2.6 billion. The results highlight ongoing challenges in the post-pandemic aviation sector, particularly for airlines navigating rising operational costs and fleet modernization programs.
JetSMART, the Chilean ultra-low-cost carrier, has added a new Airbus A320neo to its fleet with the delivery of serial number 12514. The aircraft is powered by PW1127G-JM engines from Pratt & Whitney and was acquired on lease, supporting JetSMART’s ongoing fleet expansion across South America.
Airbus has recorded significant commercial activity in March 2025, securing a diverse mix of narrowbody and widebody aircraft orders, while simultaneously cancelling a major order previously placed by Go First, an Indian low-cost carrier undergoing insolvency proceedings.
flynas, the Saudi Arabian low-cost carrier, has added another Airbus A320neo to its growing fleet as part of its ongoing expansion plan. The newly delivered aircraft, bearing serial number 12506, is powered by LEAP-1A26 engines, offering improved fuel efficiency and performance for regional and medium-haul operations.
