SpeedNews

CATHAY GROUP agreed to sell nine A320neo Family aircraft to Avolon for leaseback upon delivery in 2026/2027.

Air Transport

SOUTHWEST AIRLINES finalized new collective bargaining agreement with its Teamsters-represented materials specialists.

Air Transport

BOC AVIATION signed 5-year, $1.375b club term loan (three separate facilities) with 16 banks, its largest loan since startup.

Air Transport

Luc van den Avyle to Director of Fleet of German Airways, Cologne/Bonn.

Air Transport

Prashantt Singh to Head of Sales-Southeast Asia and Indian Subcontinent of AFG Aviation Ireland, Dublin.

Air Transport

Matthew White to Vice President of Originations of Aquila Air Capital, Dublin.

Air Transport

ANADOLUJET took delivery of new GTF-powered A320neo (11333) on lease from BOC Aviation.

Air Transport

CARGOJET AIRWAYS, Canada purchased 757-200PCF (32392; ex-American) from AerSale; AVEX, LA modified aircraft.

Air Transport

LOT

LOT unveiled its strategy for 2024-2028 that includes expanding aircraft fleet from current 75 to 110 in 2028, increasing pax numbers by 70% to 16.9m, and upgrading widebody cabins. It plans to add nearly 20 new scheduled destinations.

Air Transport

VIVA AEROBUS plans in July to begin Miami-Monterrey/-Merida (A320/A321).

Air Transport

GLOBALX expects to receive its third A321F/11th A320-200 by end of October and its 12th A320-200 in mid-November.

Air Transport