Malta’s new flag-carrier will serve 26 fewer destinations than its predecessor, but the impact on connectivity to the island country looks set to be “minimal.”
AIRBALTIC agreed to sell six A220-300s to Reverence Capital Partners and GOAL for leaseback; initial three (55247/55255/55264) have been delivered with remaining three due in 2H24 (GOAL will manage aircraft).
NOLINOR AVIATION, Canada is reintroducing a 737-200 into its northern division fleet in response to the increasing demand for aircraft capable of operating on gravel runways, especially amid recent surge in mining activities in Nunavut.
SPIRIT AIRLINES says it had 12 GTF-powered A320neo Fam aircraft grounded as of December 31 and an average of 13 in January 2024, which is expected to increase to 40 in December 2024, averaging approximately 25 for the full year '24.
Howmet Aerospace beat Wall Street’s revenue and profit expectations in the fourth quarter of 2023 on the back of robust demand for its commercial products.
Pratt expects the number of grounded A320neos to peak by April 1 as engine removals to check parts with contaminated powder metal (PM) continue to rise.
2024 is shaping up to be a strong year for the aircraft asset market as global air traffic recovers to pre-pandemic levels amid a limited supply of new jets.
