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Porter Airlines to Launch Toronto-New York LaGuardia Route

Porter Airlines (Canada) has announced the addition of a new route between Toronto Pearson International Airport (YYZ) and New York LaGuardia Airport (LGA), with flights set to commence on 1 May 2025. The airline will operate the route with the Embraer E195-E2, expanding its footprint in the Canada-US market.

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Mexicana Costs Taxpayers Over $1.72 Billion in First Year

Mexicana, Mexico’s revived flag carrier, has reportedly cost taxpayers more than $1.72 billion during its first year of operations, as disclosed by a government agency. This figure includes expenses related to the purchase of 20 Embraer E2 aircraft, part of the airline’s fleet modernization strategy.

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BNDES Approves $355 Million Financing for Embraer E175 Exports

The Brazilian Development Bank (BNDES) has approved $355 million in financing to support Embraer’s export of 16 E175 aircraft to Republic Airways, a regional carrier in the United States. These aircraft will be delivered throughout 2025, with Republic Airways committing to make payments in US dollars directly to BNDES.

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Scoot Announces New Routes to Vienna and Iloilo City

Scoot, the low-cost arm of the Singapore Airlines Group, has announced two exciting additions to its route network. The airline will launch flights from Singapore to Vienna starting on June 3, 2024, operated by the Boeing 787-8 Dreamliner, and flights to Iloilo City in the Philippines on April 14, 2025, served by the Embraer E190-E2.

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Azorra Secures $190M Financing for E2 Jets

Azorra, a US-based aircraft lessor, has successfully closed a US$190 million financing agreement with Banco Nacional de Desenvolvimento Econômico e Social (BNDES) of Brazil. This significant facility will fund the acquisition of up to eight Embraer E2 jets, further solidifying Azorra’s commitment to fleet expansion and modernization. This financing marks the first-ever collaboration between BNDES and ITASCA MGA, a UK-based financial…

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Sedena Seeks $1 Billion for Mexicana’s 20 E2 Aircraft Purchase

The Secretaría de la Defensa Nacional (Sedena), the governmental department overseeing Mexicana, has increased its budget request to US$1.0 billion to finance the purchase of 20 Embraer E2 aircraft currently on order. This significant investment highlights Sedena’s ambition to modernize Mexicana’s fleet and enhance its operational capacity.