Boeing and the Federal Ministry of Aviation and Aerospace Development of Nigeria signed an MoU to strengthen the West African country’s aviation sector.
Small West African carrier Cronos Airlines is expanding its fleet and route map with the arrival of its first Embraer E175, which becomes the largest aircraft in its fleet.
ALLIANCE AIRLINES purchased/took delivery of ex-JetBlue E190 (629) from AerCap under deal for 30, whereby several may be disassembled, with engines and other componentry retained to support balance of its fleet. (SPNWS; March 3).
AIRASIA X had RM4.8m net profit in 2Q24, is eighth consecutive profitable quarter, on 30% higher revenues on the back of 42% increase in enplanements; it is now operating 16 of its 18 A330s, with final two due to enter service by end '24.
DAE agreed to acquire 23 aircraft (21 narrowbodies) from multiple parties for US$1.1b; portfolio has weighted average age of 3.4 years, a weighted average lease term remaining of 8.8 years and is on lease to 13 airlines in nine countries.
RYANAIR says it is expecting MAX deliveries to slip further, which could result in taking just 20-25 ahead of summer 2025 vs 29 scheduled. It received only five in July and now projects delivery of five in August vs 10 that were due.
SAS completed restructuring proceedings and emerged from Chapter 11 in US and from reorganization in Sweden, concluding with US$1.2b investment from Castlelake, Air France-KLM and Lind Invest, together with the Danish state.
