SpeedNews

Steve Costley

LONDON HEATHROW handled 7.2m pax in October, up 3.7% vs Oct 2023.

Air Transport

Steve Costley

GLOBAL CROSSING AIRLINES says it is currently in talks to acquire >20 aircraft for 2025-2026. It has deferred delivery of one freighter from 4Q24 to late 2025 and is prioritizing pax aircraft deliveries over freighters to meet market conditions.

Air Transport

Steve Costley

EMIRATES purchased A380-800 (109) off-lease from Doric Nimrod Air Two, which realized net proceeds of £30.71m.

Air Transport

Steve Costley

JOBY announced that construction has begun of first vertiport in Dubai for startup of air taxi services.

Air Transport

EFW

Steve Costley

LUFTHANSA renegotiated new terms with Italian Govt, including concessions from EC, on purchase price for ITA AIRWAYS

Air Transport

Steve Costley

FALKO completed transactions for 40 aircraft/one engine in 3Q24 and ended quarter with portfolio of 266 aircraft.

Air Transport

Steve Costley

VISTARA and AIR INDIA completed merger that creates, in addition to previous merger of Air India Express and AIX Connect in October, the AIR INDIA GROUP with fleet of >300 aircraft operating 8,300 flights per week (103 destinations).

Air Transport

KLM

Steve Costley

KLM plans May 8 to begin three-times-weekly Amsterdam-San Diego, CA (787-9).

Air Transport

Steve Costley

AIR NEW ZEALAND and CATHAY PACIFIC received approval from New Zealand to continue joint venture for five years.

Air Transport

Steve Costley

AVIA SOLUTIONS GROUP ordered 40 737-8s for delivery starting in 2030 and took purchase rights on another 40.

Air Transport