Eastar Jet, a prominent low-cost airline based in South Korea, has successfully secured a $21 million investmentfrom SG Private Equity, a private equity firm headquartered in Seoul. This strategic infusion of capital is aimed at bolstering Eastar Jet’s efforts to expand its fleet and strengthen its operational capabilities.
Asia Aviation Public Company Limited (AAV), the sole shareholder of Thai AirAsia (TAA), has announced its financial results for the fourth quarter and full year ending December 31, 2024. The company experienced a notable decline in net profit during the fourth quarter, contrasting with significant profit growth over the entire year.
Air Montenegro has expanded its operational capacity by securing a wet-lease of an Embraer E190 aircraft from Windrose Airlines, a Ukrainian carrier. The aircraft, bearing serial number 19000494, will be integrated into Air Montenegro’s fleet under this agreement, which extends until October 31, 2025.
United Airlines has strengthened its fleet with the addition of one Boeing 737-8, serial 67637, powered by CFM International LEAP-1B28 engines. The delivery aligns with the airline’s strategy to modernize its narrowbody fleet with fuel-efficient aircraft.
Saudia has expanded its widebody fleet with the addition of one Airbus A330-300, serial 1103, on wet lease from Wamos Air (Spain). The aircraft is powered by Rolls-Royce Trent 772B-60 engines, supporting the airline’s operational requirements.
Pelita Air is set to take delivery of one delayed Airbus A320 in June 2025, aligning with its broader fleet expansion strategy for the year. The Indonesian carrier has targeted the addition of four Airbus aircraft in 2025 to support its growing operations.
Malaysia Airlines has expanded its fleet with the delivery of two Boeing B737-8 aircraft, further strengthening its narrowbody operations. The aircraft, identified by serial numbers 43341 and 66376, are both leased and powered by LEAP-1B27 engines, manufactured by CFM International.
China Eastern has officially taken delivery of one Airbus A321neo, further strengthening its single-aisle fleet. The aircraft, identified by serial number 12121, is equipped with LEAP-1A32 engines, supplied by CFM International.
BRA Braathens Regional Airways (Sweden) has officially taken delivery of one Airbus A319, further strengthening its fleet. The aircraft, identified by serial number 3346, is leased and powered by CFM56-5B6/3 engines, supplied by CFM International.
Aviation Capital Group (US) has completed the delivery of two Boeing B737-8 aircraft to Air India Express. The aircraft, equipped with LEAP-1B engines manufactured by CFM International, are part of a sale and leaseback (SLB) agreement supporting the airline’s ongoing fleet expansion.
