ATR operator Afrijet, which is rebranding to become FlyGabon, is set to add its first wet-leased A320 ahead of operating its own narrowbody jets in future.
ALASKA AIR GROUP had $236m net income on $3.1b in 3Q24 vs $139m on $2.8b in 3Q23. It says Hawaiian's EBITDAR turned positive in 2Q24 and pretax results are expected to approach break even in 4Q24 with impact of A321 GTF engine-driven groundings fully resolved and majority of A330 Amazon freighter and 787 new fleet startup related costs completed.
RIYADH AIR (PIF), which plans mid-2025 startup, closed inaugural self-arranged Islamic Revolving Credit Facility for SAR 3b with eight banks: Arab National Bank, Al Rajhi Bank, Gulf International Bank, Emirates NBD, Riyad Bank, Banque Saudi Fransi, Saudi Awwal Bank and Saudi National Bank; facility includes a committed accordion option for SAR 2b.
FTAI Aviation is eyeing expansion of its Montreal overhaul facility to include IAE V2500 capability to support its expanding portfolio for the narrowbody engine
