IndiGo, India’s largest airline, has received approval from the Indian government to renew the wet lease of 11 Airbus A320 aircraft from Latvia-based SmartLynx Airlines. This renewal aims to support IndiGo’s operational needs as the carrier addresses an Aircraft on Ground (AOG) issue caused by recurring engine snags affecting its fleet. The wet lease agreement…
Fly Jinnah, Pakistan’s emerging low-cost carrier, has announced the launch of a new nonstop route connecting Lahore and Dammam, set to commence on November 16, 2024. This new service will be operated by the Airbus A320, adding to Fly Jinnah’s expanding network and offering travelers in Pakistan a direct link to Saudi Arabia.
Aero K, a low-cost airline based in South Korea, has announced the launch of a new route connecting Seoul Incheon International Airport to Kaohsiung, Taiwan. Starting from January 2, 2025, the airline will operate this route with an Airbus A320, marking a significant step in expanding its regional network.
Vueling, a prominent low-cost airline, has expanded its fleet with the addition of a leased Airbus A320, serial number 2911. This new aircraft, powered by V2527-A5 engines, will support Vueling’s operations on its high-demand short-haul routes.
China Southern Airlines is set to resume its direct flights between Guangzhou and Nagoya on December 20, 2024, reestablishing an important link between China and Japan. The route, which will be operated by an Airbus A320, aims to meet the demand for both business and leisure travel between these major Asian cities as international travel…
FTAI Aviation, a U.S.-based aerospace company, is exploring the possibility of transforming its Montreal facility, FTAI Canada, into a V2500 engine maintenance and repair shop. The V2500 engine, widely used on Airbus A320 family aircraft, is manufactured by Pratt & Whitney, which is currently in discussions with FTAI about this potential expansion. If successful, this…
BBN Airlines Türkiye has announced the availability of two Airbus A320 aircraft for wet lease, or ACMI (Aircraft, Crew, Maintenance, and Insurance) operations, starting in November 2024. This offer presents an attractive solution for airlines and charter operators in need of additional capacity during high-demand periods or for covering seasonal route expansions.
Airbus has released its financial results for the first nine months of 2024, reporting consolidated revenues of $48.1 billion, a 5% year-on-year increase driven by strong commercial aircraft demand. This growth reflects continued recovery in the global aviation market, where Airbus recorded gross commercial orders totaling 667 aircraft, underscoring sustained demand from airlines looking to…
Aircraft asset manager Stratos has finalized the sale of four aircraft across three separate transactions, enhancing returns for its investors. The sales include two A320 aircraft sold to Avion Express, a 737-300F purchased by a Middle Eastern buyer, and a leased 777-300ER acquired by Altavair-managed investors. The A320s were transferred at lease expiration, while the…
Etihad Airways has announced a new service from Abu Dhabi to Al Alamein, Egypt, set to commence in July 2025. This twice-weekly service will make Etihad the first UAE airline to offer direct flights to the emerging resort destination on Egypt’s Mediterranean coast, a location known for its pristine beaches and proximity to historical sites….
