Air Arabia is currently in the market for seven additional aircraft so the airline can cope with the faster-than-expected recovery of air travel demand, according to CEO Adel Ali.
Regional aircraft specialist TrueNoord has closed a new $400 million revolving warehouse finance facility, which will be used to buy aircraft and fund targeted growth.
The FAA denied Republic Airways’ petition to establish an airline training program with a 750 flight-hour minimum and suggested that similar efforts will face the same fate.
Airbus and Boeing are not making progress in meeting their delivery dates, in particular for narrowbodies, according to Air Lease Corporation (ALC) Executive Chairman Steve Udvar-Hazy.
Budapest-based Wizz Air has given notice to Airbus to exercise its purchase rights for 75 A321neo aircraft, in the fast-growing LCC’s latest move toward further expansion.
Amsterdam Schiphol has been among the worst affected by the staffing shortages, flight delays and cancellations that marred the post-COVID summer recovery for Europe’s airlines.
The Ryanair Group CEO says the situation with Boeing 737-8200 deliveries remains difficult and believes the certification timeframe for the MAX 10 will be extended.
CEO Victor Pacheco believes there is huge potential for a low-cost hub-and-spoke operator in the Caribbean—especially if governments reduce taxes and fees levied on the industry.
Avianca is facing some delays in densifying its fleet due to supply chain challenges, but despite those headwinds the company is delivering on its promise to significantly cut costs.
Miami-based Global Crossing Airlines Group (GlobalX) has signed a letter-of-intent (LOI) for 50 all-electric Eviation Alice aircraft as part of plans to introduce sustainable services for growing markets in Florida, the Bahamas and around the Caribbean.