NORSE ATLANTIC has $462m contract to wet-lease six 787s (two from Feb 2025 and four from Sept 2025) to an unidentified airline; deal entitles Norse to receive payment for 350 block hours per aircraft per month.
LUFTHANSA and ITALIAN MEF received EU approval to acquire Italy's ITA AIRWAYS in deal that calls for easyJet, IAG and Air France-KLM (as suitable remedy takers) to assume some short-/long-haul routes and slots at Milan Linate.
MALAYSIA AIRLINES took delivery of its first (2080) of 20 Trent-powered A330-900s under previously announced agreement to sell/leaseback 10, plus lease 10 others, from Avolon for delivery through 2028 (SPNWS; Aug 19, 2022).
AIRASIA X earned RM76.2m in 3Q24 (vs RM132.1m in 3Q23) on 23% higher revenues; it has 18 A330s (16 operational) with 19th due in 1H25. AIRASIA X THAILAND earned RM55m on 5% higher revenues with eight A330s (six operational).
She sees potential for airlines to benefit from 20% margins by investing in fuel production, especially as fuel represents around 30% of an airline’s cost base.
The UK CAA hopes to remove Pakistani carriers from its banned list “in the near future” but will not immediately follow EASA's decision to lift its ban on PIA.
If airframers are not interested in the open-fan architecture of RISE, technology components could still be used in a ducted-fan engine, Safran's CTO says.
Japan Airlines has concluded a pilot program using artificial intelligence to prevent potential overcrowding of carry-on baggage in the aircraft cabin.
Qatar Airways Cargo and Cainiao, a global leader in e-commerce logistics, will extend their partnership to support the growth of cross-border e-commerce.
