ALMASRIA UNIVERSAL AIRLINES, Egypt leased ex-Sky Angkor A321-200 (1629) with CFM56s from Carlyle Aviation Partners. Separately, it acquired ex-Hi Fly A321-200 (1004) with V2500s and now has four A321s/two A320s/two 737s.
FLYDUBAI had record AED2.5b earnings for 2024, up 16% vs 2023; revenues rose 15% to AED12.8b. It has 88 aircraft, but says it did not receive any of the aircraft that were contractually scheduled to be delivered in 2024 from Boeing.
SPIRIT AIRLINES received Bankruptcy Court approval for its Plan of Reorganization in which it will equitize $795m of funded debt, receive $350m of new equity investment and issue $840m aggregate principal amount of new senior secured debt to existing bondholders upon emergence from Chapter 11 with new revolving credit facility of $300m.
This week’s Carbon Analysis looks at a selection of Star Alliance members, namely Air India, Brussels Airlines, Thai Airways International and Turkish Airlines.
Delta Air Lines and United Airlines have each filed applications to the U.S. Transportation Department seeking to alter their operations to South Africa.
OEMs and suppliers in Germany should improve cooperation, as cash-strapped suppliers are having a hard time convincing banks to fund their investments.
With its strategic hubs in Europe and expansions in Dubai and Dublin, air cargo solutions company, Magma Aviation, is well-positioned to make substantial improvements in operational efficiency and market coverage.
While some radars improve detection of weather-related turbulence, clear air turbulence detection remains difficult. One company looks to negate the phenomenon.
