SpeedNews

AIR FRANCE-KLM and SAUDIA signed MOU to cooperate in pax transport (between France, the Netherlands and Saudi Arabia) and aircraft/engine MRO. AFI KLM E&M will provide minimum of 50% of GE90 maintenance work for Saudia, including localizing module assembly and disassembly, and explore a joint venture with SAUDIA TECHNIC for GEnxs.

EMIRATES purchased A380-800 (110) off-lease from Doric Nimrod Air Two, which realized net proceeds of £30.7m.

SPIRIT AIRLINES sold GTF-powered A321neo (12335) to Air Lease Corporation and leased it back.

TAP AIR PORTUGAL plans May 16 to begin three-times-weekly Lisbon-Los Angeles (A330-900).

GARUDA INDONESIA leased ex-Fly Baghdad 737-800 (30141) from DAE Capital.

AVELO plans in 2025 to add two new bases at Charlotte/Wilmington, NC; it will be basing five 737NGs in North Carolina.

TEXEL AIR AUSTRALASIA completed the first extended operations (ETOPS) flight with a 737-800BCF.

PORTER AIRLINES agreed to sell three Dash 8-400s (4278/4279/4282) to KGAL for leaseback; GOAL will manage aircraft.

TURKISH AIRLINES began four-times-weekly Istanbul-Sydney, Australia (A350-900).

EVE AIR MOBILITY has LOI from US-based HELICOPTERS for 50 eVTOLs in deal that includes access to Eve TechCare.

AVOLON priced offering of US$1.5b in senior unsecured notes for general corporate purposes and repayment of debt.

IATA reports y-o-y global pax traffic rose 7.1% in October on 6.1% higher capacity; cargo rose 9.8%.