| |

Air Transport Services Group Reports $27.4 Million Net Income for 2024 on $2 Billion Revenue

Air Transport Services Group (ATSG) has reported its 2024 financial results, posting total revenue of $2.0 billionand a net income of $27.4 million. The company also recorded $517 million in revenue for Q4 2024, with a quarterly net income of $14.7 million. The results highlight ATSG’s stable financial position in the air cargo and leasing industry.

| |

Aeroflot Group Reports $618 Million Net Profit in 2024 on $9.6 Billion Revenue

Aeroflot Group (Russia) has announced a net profit of $618 million for the 2024 financial year, with total revenue reaching $9.6 billion. The results highlight Aeroflot’s strong financial rebound, driven by revenue growth, fleet optimization, and sustained passenger demand.

| | | |

Norwegian to Acquire Ten Boeing 737-800s from Its Leased Fleet

Norwegian, one of Europe’s largest low-cost carriers, has announced an agreement to purchase ten Boeing 737-800 aircraft that are currently part of its leased fleet. The airline will fund the transaction using cash on hand, with the deal expected to be finalized in Q1 2025.

| | | |

LOT Polish Airlines Seeks to Acquire Boeing 787s from Secondary Market

LOT Polish Airlines has announced plans to source additional Boeing 787 Dreamliners from the secondary market, as production backlogs and limited delivery slots prevent the airline from receiving new aircraft before the next decade. This move reflects LOT’s strategy to expand its long-haul fleet, ensuring continued growth despite supply chain constraints affecting new aircraft availability.

| |

Aurora Airlines to Receive First Baikal Aircraft Deliveries by Late 2026

Aurora Airlines, a Russian regional carrier, is expected to take delivery of its first Baikal aircraft under a contract with Ural Civil Aviation Plant (UZGA) by the end of 2026. This development marks a key milestone in Russia’s efforts to expand its domestic aviation industry, particularly in the regional aircraft segment.

| | | | |

Colorful Guizhou Airlines Takes Delivery of Airbus A320neo with New Cabin Design

Colorful Guizhou Airlines has taken delivery of an Airbus A320neo, marking the introduction of its newly designed cabin layout, which enhances passenger comfort and onboard experience. The aircraft, leased from CDB Aviation, is the second of three A320neos included in a 2024 lease agreement, with the final aircraft scheduled for delivery in 2026.

| | | |

Transavia Netherlands Expands Fleet with New Airbus A321neo Delivery

Transavia Netherlands, a low-cost subsidiary of the Air France-KLM Group, has taken delivery of a new Airbus A321neo, bearing serial number 12351. The aircraft, powered by LEAP-1B32 engines, aligns with Transavia’s efforts to modernize its fleet, reduce emissions, and improve operational efficiency.

| | | |

IndiGo Expands Fleet with New Airbus A321neo Delivery

IndiGo, India’s largest airline by market share, has taken delivery of a new Airbus A321neo, serial number 12231. The aircraft, powered by LEAP-1A32 engines, strengthens the airline’s ongoing fleet modernization efforts and enhances its ability to serve domestic and international routes with improved efficiency.