AirAsia has committed to acquiring 50 additional Airbus A321XLRs as part of a strategy to expand into long-haul markets, including Europe and North America.
IndiGo has appointed Amitabh Kant as a Non-Executive Director on the Board of Directors of InterGlobe Aviation Limited, subject to regulatory and shareholder approvals.
The scale of the problem facing African airlines in coping with high taxes and charges levied by governments and airports is laid out in a report from the African Airlines Association (AFRAA).
AIR CAIRO agreed to lease four ex-Kuwait A320-200s (6458/6476/6516/6538) with CFM56s from Macquarie AirFinance for delivery in 2025 (SPNWS; June 6); it also secured deliveries of three A320neos in 2026 to increase fleet to 45 aircraft.
AERCAP completed 116 transactions (71 lease agreements/21 purchases/24 sales) in 2Q24 vs 246 deals (162 lease agreements/47 purchases/37 sales) in 2Q24; it had 1,703 aircraft, >1,000 engines and >300 helicopters at end of March. It signed $2.9b in financing transactions and repurchased approximately 4.7m shares for about $445m.