{"press_releases":[{"id":56297,"article":"ggg","title":"ggg","slug":"ggg","date":"2025-12-19T03:17:00.000Z","company":{"image_url":"/uploads/companies/4002/2_reg_aircraft_registry","name":"2-REG Aircraft Registry","id":4002},"formatted_date":"19DEC2025"},{"id":56296,"article":"test2","title":"test2","slug":"test2","date":"2025-12-18T05:31:00.000Z","company":{"image_url":"/uploads/companies/4010/21_air","name":"21 Air","id":4010},"formatted_date":"18DEC2025"},{"id":56295,"article":"test1","title":"test1","slug":"test1","date":"2025-12-18T04:45:00.000Z","company":{"image_url":"/uploads/companies/2136/3_points_aviation","name":"3 Points Aviation","id":2136},"formatted_date":"18DEC2025"},{"id":56294,"article":"sdfsdf","title":"wefwf","slug":"wefwf","date":"2025-11-13T00:57:00.000Z","company":{"image_url":"/uploads/companies/4002/2_reg_aircraft_registry","name":"2-REG Aircraft Registry","id":4002},"formatted_date":"13NOV2025"},{"id":56293,"article":"6666","title":"666","slug":"666","date":"2025-08-01T13:44:00.000Z","company":{"image_url":"/uploads/companies/4550/321_precision_conversions","name":"321 Precision Conversions","id":4550},"formatted_date":"01AUG2025"},{"id":56292,"article":"5555","title":"5555","slug":"5555","date":"2025-08-01T13:43:00.000Z","company":{"image_url":"/uploads/companies/4550/321_precision_conversions","name":"321 Precision Conversions","id":4550},"formatted_date":"01AUG2025"},{"id":56291,"article":"444","title":"444","slug":"444","date":"2025-08-01T13:43:00.000Z","company":{"image_url":"/uploads/companies/4550/321_precision_conversions","name":"321 Precision Conversions","id":4550},"formatted_date":"01AUG2025"},{"id":56290,"article":"333","title":"3333","slug":"3333","date":"2025-08-01T13:43:00.000Z","company":{"image_url":"/uploads/companies/4002/2_reg_aircraft_registry","name":"2-REG Aircraft Registry","id":4002},"formatted_date":"01AUG2025"},{"id":56289,"article":"2222","title":"2222","slug":"2222","date":"2025-07-31T04:00:00.000Z","company":{"image_url":"/uploads/companies/2136/3_points_aviation","name":"3 Points Aviation","id":2136},"formatted_date":"31JUL2025"},{"id":56288,"article":"111","title":"111","slug":"111","date":"2025-07-31T01:00:00.000Z","company":{"image_url":"/uploads/companies/4010/21_air","name":"21 Air","id":4010},"formatted_date":"31JUL2025"},{"id":56287,"article":"test","title":"test","slug":"test","date":"2025-07-25T00:00:00.000Z","company":{"image_url":"/uploads/companies/4550/321_precision_conversions","name":"321 Precision Conversions","id":4550},"formatted_date":"25JUL2025"},{"id":56286,"article":"sdsdfs","title":"sdfsdf","slug":"sdfsdf","date":"2025-07-22T00:00:00.000Z","company":{"image_url":"/uploads/companies/2136/3_points_aviation","name":"3 Points Aviation","id":2136},"formatted_date":"22JUL2025"},{"id":56285,"article":"erger","title":"show","slug":"show","date":"2025-07-04T00:00:00.000Z","company":{"image_url":"/uploads/companies/4002/2_reg_aircraft_registry","name":"2-REG Aircraft Registry","id":4002},"formatted_date":"04JUL2025"},{"id":56284,"article":"test","title":"sample","slug":"sample","date":"2025-07-04T00:00:00.000Z","company":{"image_url":"/uploads/companies/2136/3_points_aviation","name":"3 Points Aviation","id":2136},"formatted_date":"04JUL2025"},{"id":56283,"article":"wefwef","title":"efwefw","slug":"efwefw","date":"2025-06-25T00:00:00.000Z","company":{"image_url":"/uploads/companies/4010/21_air","name":"21 Air","id":4010},"formatted_date":"25JUN2025"},{"id":56282,"article":"wwerwe2dfsdfsdf","title":"ewerwe3","slug":"ewerwe3","date":"2025-03-29T00:00:00.000Z","company":{"image_url":"/uploads/companies/2136/3_points_aviation","name":"3 Points Aviation","id":2136},"formatted_date":"29MAR2025"},{"id":56281,"article":"wwerwe2","title":"ewerwe2","slug":"ewerwe2","date":"2025-03-29T00:00:00.000Z","company":{"image_url":"/uploads/companies/2136/3_points_aviation","name":"3 Points Aviation","id":2136},"formatted_date":"29MAR2025"},{"id":56280,"article":"wwerwe","title":"ewerwe","slug":"ewerwe","date":"2025-03-29T00:00:00.000Z","company":{"image_url":"/uploads/companies/2136/3_points_aviation","name":"3 Points Aviation","id":2136},"formatted_date":"29MAR2025"},{"id":56279,"article":"wefwefwefx","title":"wefwef","slug":"wefwef","date":"2025-03-20T00:00:00.000Z","company":{"image_url":"/uploads/companies/4893/abelo","name":"Abelo","id":4893},"formatted_date":"20MAR2025"},{"id":56273,"article":"\u003cp\u003eAventure Aviation has acquired its twenty-fifth Boeing 737NG airframe, 737-800 MSN 35825. Last operated by Brazil's GOL Airlines, the aircraft will be dismantled at Ascent Aviation Services in Tucson, Arizona.\u0026nbsp;\u003c/p\u003e\u003cp\u003e\"This 737NG marks our first teardown of 2025,\" said Andrew Crombie, Aventure's director of asset management. \"With a lack of teardown assets available due to continued OEM and supply chain challenges, this will further strengthen our standing as a top-tier 737NG parts supplier.\"\u0026nbsp;\u003c/p\u003e\u003cp\u003e\"Aventure continues to build its unique global aviation investment platform for investors and leasing companies,\" said Aventure President Talha Faruqi.\u003c/p\u003e\u003cp\u003e\"With our experience in teardowns, we have solutions to deploy capital, provide asset management services, and material consignments for stakeholders,\" continued Faruqi. \"We continue to see inquiries from investors looking for options in diversifying their portfolios.\"\u0026nbsp;\u003c/p\u003e\u003cp\u003eAventure is in active discussions with owners, financial institutions, lessors, and airlines to find revenue-generating teardown solutions for idle aircraft.\u0026nbsp;\u003c/p\u003e\u003cp\u003eAventure Aviation will attend the MRO Americas taking place April 8–10, 2025 in Atlanta, Georgia. Representatives will be available to discuss parts supply solutions with airlines, and seek synergies with MRO shops to assist in the significant number of parts Aventure is outsourcing for refurbishment.\u0026nbsp;\u003c/p\u003e","title":"Aventure Acquires 25th Boeing 737NG","slug":"aventure-acquires-25th-boeing-737ng","date":"2025-03-13T00:00:00.000Z","company":{"image_url":"/uploads/companies/98/aviator","name":"AVIATOR","id":98},"formatted_date":"13MAR2025"},{"id":56274,"article":"\u003cp\u003eDallas, Texas – 12th March 2025 – BeauTech Power Systems LLC and JALUX Inc. today announced the formation of BVJ Engine Holdings LLC, a 50/50 joint venture based in Dallas, Texas, to acquire and lease IAE V2500-A5 and Pratt \u0026amp; Whitney GTF PW1100G engines. These engines power the Airbus A320 and A320neo families.\u003c/p\u003e\u003cfigure class=\"kg-card kg-image-card\"\u003e\u003cimg src=\"__GHOST_URL__/content/images/2025/03/Left-to-right-Hiroshi-Naito-JALUX-and-Lee-Beaumont-BeauTech-mark-the-launch-of-BVJ-Engine-Holdings-LLC-1.jpg\" class=\"kg-image\" alt=\"\" loading=\"lazy\" width=\"640\" height=\"480\" srcset=\"__GHOST_URL__/content/images/size/w600/2025/03/Left-to-right-Hiroshi-Naito-JALUX-and-Lee-Beaumont-BeauTech-mark-the-launch-of-BVJ-Engine-Holdings-LLC-1.jpg 600w, __GHOST_URL__/content/images/2025/03/Left-to-right-Hiroshi-Naito-JALUX-and-Lee-Beaumont-BeauTech-mark-the-launch-of-BVJ-Engine-Holdings-LLC-1.jpg 640w\"\u003e\u003c/figure\u003e\u003cp\u003eThe joint venture combines BeauTech Power Systems’ established engine leasing expertise, including its global customer network and asset management, with JALUX Inc.’s strengths in V2500 and PW1100G MRO data and its strong presence in Asia, particularly Japan. With this partnership, BVJ Engine Holdings LLC completes a portfolio that covers all Regional and Narrow-body jet engine variants, further strengthening its ability to serve a diverse range of customers.\u003c/p\u003e\u003cp\u003eBVJ Engine Holdings LLC will acquire up to $150 million in engine assets in its initial phase, providing airlines and MROs with flexible and cost-effective leasing solutions. This strategic partnership addresses the increasing demand for both short- and long-term engine leasing, enabling airlines to optimize fleet operations and minimize downtime.\u003c/p\u003e\u003cp\u003eWith a commitment to customer satisfaction, BVJ Engine Holdings LLC will offer adaptable leasing terms and reliable support. By leveraging JALUX Inc.’s market intelligence and BeauTech Power Systems’ industry relationships, the company aims to deliver customized solutions that help airlines and MROs navigate an evolving market.\u003c/p\u003e\u003cp\u003e“Reliable engine availability is critical to airline operations, and we are here to ensure our customers have the right solutions when they need them,” said Lee Beaumont, President and CEO of BeauTech Power Systems LLC. “Through this joint venture, we’re not just leasing engines—we’re providing airlines with the flexibility and support they need to keep their fleets running efficiently.”\u003c/p\u003e\u003cp\u003eHiroshi Naito, Managing Executive Officer (MEO) and President of the Aviation \u0026amp; Airport Unit at JALUX Inc., added: “At JALUX Inc., we are always looking for opportunities to expand our role in the aviation industry. Partnering with BeauTech Power Systems allows us to broaden our global presence and strengthen our position as a trusted aviation solutions provider.”\u003c/p\u003e","title":"Beautech \u0026 JALUX Launch BVJ Engine Holdings To Drive Global Engine Leasing","slug":"beautech-jalux-launch-bvj-engine-holdings-to-drive-global-engine-leasing","date":"2025-03-13T00:00:00.000Z","company":{"image_url":"/uploads/companies/98/aviator","name":"AVIATOR","id":98},"formatted_date":"13MAR2025"},{"id":56271,"article":"\u003cp\u003e\u003cstrong\u003eWestport, Connecticut, March 13, 2025\u003c/strong\u003e: High Ridge Aviation announces the purchase of MSN 34814, a Boeing 787-9 from ORIX Aviation. The Dreamliner remains leased to Korean Air Lines Co., Ltd., the flag carrier of South Korea.\u0026nbsp;\u003c/p\u003e\u003cp\u003e“Completing this acquisition marks an exciting milestone for High Ridge Aviation, and we sincerely appreciate ORIX Aviation for the collaboration on this transaction,” said Greg Conlon, Chief Executive Officer of High Ridge Aviation.\u0026nbsp;\u003c/p\u003e\u003cp\u003e“We’re also proud to support Korean Air’s fleet strategy with this addition. Our success is driven by an exceptional team with deep-rooted industry relationships, and we remain grateful to our financial partners and airline customers for their continued trust in these mutually beneficial transactions.”\u003c/p\u003e","title":"HRA Purchases Korean Air Dreamliner from ORIX Aviation","slug":"hra-purchases-korean-air-dreamliner-from-orix-aviation","date":"2025-03-13T00:00:00.000Z","company":{"image_url":"/uploads/companies/98/aviator","name":"AVIATOR","id":98},"formatted_date":"13MAR2025"},{"id":56272,"article":"\u003cp\u003e\u003cem\u003eExits Chapter 11 Significantly Deleveraged and With New Financing to Support Return\u003c/em\u003e\u003c/p\u003e\u003cp\u003e\u003cem\u003eto Profitability and Drive Toward Long-Term Success\u003c/em\u003e\u003c/p\u003e\u003cp\u003eDANIA BEACH, Fla.,\u0026nbsp;March 12, 2025 – Spirit Aviation Holdings, Inc., parent company of Spirit Airlines, LLC, (\"Spirit\" or the \"Company\") today announced that Spirit has emerged from its financial restructuring, completing a consensual,\u0026nbsp;deleveraging transaction that equitizes approximately $795 million of funded debt. With significantly less debt and greater financial flexibility, Spirit emerges as a stronger company better positioned for long-term success.\u0026nbsp;\u003c/p\u003e\u003cp\u003eAs part of the restructuring, the Company has also received a $350 million equity investment from existing investors to support Spirit's future initiatives, including investments to provide Guests with enhanced travel experiences and greater value.\u0026nbsp;Spirit's Plan of Reorganization was confirmed by the United States Bankruptcy Court for the Southern District of New York, with overwhelming support from a supermajority of the Company's loyalty and convertible noteholders.\u0026nbsp;\u003c/p\u003e\u003cp\u003eSpirit will continue to be led by Ted Christie, President and Chief Executive Officer, and its existing executive team.\u0026nbsp;\u003c/p\u003e\u003cp\u003e\"We're pleased to complete our streamlined restructuring and emerge in a stronger financial position to continue our transformation and investments in the Guest experience,\" said Mr. Christie. \"Throughout this process, we've continued to make meaningful progress enhancing our product offerings, while also focusing on returning to profitability and positioning our airline for long-term success. Today, we're moving forward with our strategy to redefine low-fare travel with our new, high-value travel options.\"\u003c/p\u003e\u003cp\u003eSpirit emerges with a reconstituted Board of Directors. In addition to Mr. Christie, the Board will include six directors with significant industry and financial leadership experience: Robert A. Milton, David N. Siegel, Timothy Bernlohr, Eugene I. Davis, Andrea Fischer Newman, and Radha Tilton.\u003c/p\u003e\u003cp\u003eMr. Christie continued: \"I'm incredibly proud of our Team Members for their continued dedication to our Guests and each other throughout this process. Despite the challenges we've faced as an organization, we're emerging as a stronger and more focused airline. On behalf of the executive team, I would also like to thank our outgoing board members for their contributions and invaluable service to our airline.\"\u003c/p\u003e\u003cp\u003eUpon Spirit's emergence, the common stock issued by Spirit Airlines, Inc. was cancelled. Newly issued shares now held by Spirit's new owners are expected to trade in the over-the-counter marketplace. The Company expects to re-list its shares on a stock exchange as soon as reasonably practicable after the Effective Date of Spirit's Plan of Reorganization.\u003c/p\u003e","title":"Spirit Airlines Emerges From Financial Restructuring, Better Positioned To Advance Its Transformation And Enhanced Guest Experience","slug":"spirit-airlines-emerges-from-financial-restructuring-better-positioned-to-advance-its-transformation-and-enhanced-guest-experience","date":"2025-03-12T00:00:00.000Z","company":{"image_url":"/uploads/companies/98/aviator","name":"AVIATOR","id":98},"formatted_date":"12MAR2025"},{"id":56266,"article":"\u003cp\u003eGetJet Airlines, a Lithuanian charter and aircraft leasing company under GetJet Aviation Holdings, has announced a leadership transition. Effective March 12, 2025, Inga Duglas will assume the role of Chief Executive Officer, succeeding Rūta Kulvinskaitė, who has led the company for the past four years.\u003c/p\u003e\u003cfigure class=\"kg-card kg-image-card\"\u003e\u003cimg src=\"__GHOST_URL__/content/images/2025/03/GetJet-Aviation-Holdings_CEO-Darius-Viltrakis_01.jpg\" class=\"kg-image\" alt=\"\" loading=\"lazy\" width=\"2000\" height=\"3000\" srcset=\"__GHOST_URL__/content/images/size/w600/2025/03/GetJet-Aviation-Holdings_CEO-Darius-Viltrakis_01.jpg 600w, __GHOST_URL__/content/images/size/w1000/2025/03/GetJet-Aviation-Holdings_CEO-Darius-Viltrakis_01.jpg 1000w, __GHOST_URL__/content/images/size/w1600/2025/03/GetJet-Aviation-Holdings_CEO-Darius-Viltrakis_01.jpg 1600w, __GHOST_URL__/content/images/size/w2400/2025/03/GetJet-Aviation-Holdings_CEO-Darius-Viltrakis_01.jpg 2400w\" sizes=\"(min-width: 720px) 720px\"\u003e\u003c/figure\u003e\u003cp\u003eBringing over 15 years of aviation experience, Inga Duglas joins GetJet Airlines from Magnetic Group, where she served as Chief Commercial Officer for the last four years. I. Duglas is also the Chairwoman of the Board at the Civil Aviation Association (CAVIA) of Lithuania.\u003c/p\u003e\u003cp\u003eIn the coming period, I. Duglas will focus on enhancing GetJet Airlines' operational efficiency, particularly in aircraft acquisition and maintenance. Her extensive background in aviation sales, business development, and strategic management is expected to expand GetJet’s international partnerships and strengthen its competitive position. She will also focus on the company’s vertical growth by enhancing in-house capabilities and expanding the portfolio of technical services.\u003c/p\u003e\u003cp\u003eDarius Viltrakis, CEO of GetJet Aviation Holdings, remarked: “Duglas' extensive experience and strategic vision align with GetJet Airlines' long-term objectives, particularly in advancing vertical growth through asset management, technical services, and related business areas.”\u003c/p\u003e\u003cp\u003eDuglas acknowledged the opportunity, stating: “I am confident that my experience and GetJet Airlines' growth ambitions complement each other perfectly. I see great potential in further expanding our service portfolio, which will not only contribute to strengthening the company's self-sufficiency but also increase its competitiveness. I look forward to working with the team to achieve sustainable growth, deliver top-tier services to our clients, and contribute to the overall success of the airline.”\u003c/p\u003e\u003cp\u003eThe leadership transition marks a strategic shift as GetJet Airlines moves into its next phase of development. Viltrakis emphasized the importance of the change: “This change marks a new phase of development, bringing in expertise that aligns with our future objectives and long-term growth strategy focusing on vertical capabilities.”\u003c/p\u003e\u003cp\u003eThe leadership change was made by mutual agreement as the company sets its sights on ambitious goals and a new stage of growth. GetJet Airlines recognizes the contributions of its outgoing CEO Ruta Kulvinskaite. “Kulvinskaite's professionalism and leadership have been instrumental in our growth. Under her guidance, GetJet Airlines has strengthened its market position and navigated the company through industry challenges, reinforcing our company's stability,” said Viltrakis.\u003c/p\u003e","title":"GetJet Airlines Announces New CEO as Leadership Transition Marks Growth Phase","slug":"getjet-airlines-announces-new-ceo-as-leadership-transition-marks-growth-phase","date":"2025-03-12T00:00:00.000Z","company":{"image_url":"/uploads/companies/98/aviator","name":"AVIATOR","id":98},"formatted_date":"12MAR2025"},{"id":56268,"article":"\u003cp\u003eJackson Square Aviation (JSA) is pleased to announce its first direct order with Airbus for 50 A320neo Family aircraft. This order significantly enhances the partnership between JSA and Airbus, enabling JSA to continue bringing our customers the most fuel efficient narrowbody fleet solutions.\u003c/p\u003e\u003cp\u003eCommenting on the order announcement, Kevin McDonald, JSA’s Chief Executive Officer, said, “Today is an exciting milestone in JSA’s history as a longtime global leader in the sale \u0026amp; leaseback financings of Airbus aircraft”, adding that “JSA looks forward to our expanded relationship with Airbus. \u0026nbsp;We are excited to add the A320neo to our long-term pipeline as we continue our mission to provide the world’s airlines with superior fleet and capital solutions.”\u003c/p\u003e\u003cp\u003e“We are proud to support JSA’s endeavors to better fulfill their growing customers’ needs and continue to expand their market presence”, said Yasuyuki Kusakari (The Managing Executive Officer of Mitsubishi HC Capital Inc. and Chairman of JSA). He added, “Mitsubishi HC Capital has long held the view that Airbus and its NEO family of aircraft are some of the best investments to continue to tool JSA into the next era of commercial aviation.”\u003c/p\u003e\u003cp\u003eBenoit de Saint-Exupéry, Airbus EVP Sales of the Commercial Aircraft business said, “Jackson Square Aviation has an impressive client base and we welcome its decision to become the latest Airbus customer. After a thorough evaluation JSA’s selection of Airbus A320neo reflects its commitment to offer airlines the leading single aisle aircraft family with outstanding performance and passenger comfort.”\u003c/p\u003e","title":"Jackson Square Aviation Announces Order for 50 A320neo Family Aircraft","slug":"jackson-square-aviation-announces-order-for-50-a320neo-family-aircraft","date":"2025-03-12T00:00:00.000Z","company":{"image_url":"/uploads/companies/98/aviator","name":"AVIATOR","id":98},"formatted_date":"12MAR2025"},{"id":56267,"article":"\u003cp\u003eDUBLIN\u0026nbsp;and\u0026nbsp;STAMFORD, Conn.\u0026nbsp;and\u0026nbsp;NEW YORK,\u0026nbsp;March 10, 2025 – Phoenix Aviation Capital (\"Phoenix\"), a full-service aircraft lessor, AIP Capital, an alternative investment manager focused on opportunities in asset-based finance and LuminArx Capital Management (\"LuminArx\"), a global capital solutions provider, have jointly acquired a portfolio of three Airbus A330-300 aircraft.\u003c/p\u003e\u003cp\u003eThe portfolio includes two 2012 vintage Airbus A330-300 aircraft (MSN 1346 and 1367), both powered by GE CF6 engines and leased to China Airlines. The third aircraft, a 2015 vintage Airbus A330-300 (MSN 1690), is also powered by GE CF6 engines and leased to EVA Air.\u003c/p\u003e\u003cp\u003e\"We are pleased to have executed this transaction with LuminArx,\" said\u0026nbsp;Mathew Adamo, Managing Partner at AIP Capital and board member of\u0026nbsp;Phoenix. \"LuminArx was an exceptional partner – creative, solutions-oriented, and highly efficient in execution. Their ability to understand our position, then structure and close made this acquisition seamless. We look forward to building upon this successful partnership in the future.\"\u003c/p\u003e\u003cp\u003e\"We are delighted to have partnered with AIP Capital to complete the financing for the purchase of these three aircraft,\" said\u0026nbsp;Sanjeev Mordani, Partner at LuminArx. \"AIP's ability to navigate complex aviation transactions and find long-term value made them an invaluable partner in this acquisition. We found their hands-on approach and deep understanding of the aviation finance market instrumental. We look forward to expanding our collaboration and exploring new opportunities across adjacent asset classes.\"\u003c/p\u003e\u003cp\u003eVinson \u0026amp; Elkins LLP served as transaction counsel and KPMG acted as tax advisor to AIP Capital. Milbank LLP served as transaction counsel and PwC acted as tax advisor to LuminArx.\u003c/p\u003e","title":"Phoenix Aviation Capital, AIP Capital and LuminArx Announce Acquisition of Three Airbus A330-300 Aircraft","slug":"phoenix-aviation-capital-aip-capital-and-luminarx-announce-acquisition-of-three-airbus-a330-300-aircraft","date":"2025-03-11T00:00:00.000Z","company":{"image_url":"/uploads/companies/98/aviator","name":"AVIATOR","id":98},"formatted_date":"11MAR2025"},{"id":56269,"article":"\u003cp\u003eWe are excited to announce the launch of IAGi Ventures, our new corporate venturing arm. Over the next five years, we plan to invest up to €200 million in high-potential companies, making this one of the largest investments of its kind globally and the biggest by a European airline group.\u003c/p\u003e\u003cp\u003eThrough IAGi Ventures, we aim to invest in companies that are shaping the future of aviation, particularly across areas such as customer experience, operations, and sustainability. Our investment strategy will focus on early-stage opportunities, with the flexibility to explore both earlier and later-stage investments.\u003c/p\u003e\u003cp\u003e\u003cstrong\u003eIntroducing the IAGi brand\u003c/strong\u003e\u003c/p\u003e\u003cp\u003eIn conjunction with the launch of our new venturing arm, we are also unveiling our new external innovation brand, IAGi. This brand represents our ambition of being at the forefront of innovation in the aviation industry, leveraging cutting-edge technology and new strategies to enhance our operations and customer experience. You can read more about it\u0026nbsp;\u003ca href=\"https://www.iaginnovation.com/news/hangar-51-becomes-iagi\"\u003ehere\u003c/a\u003e.\u003c/p\u003e\u003cp\u003e\u003cstrong\u003eOur commitment to innovation\u003c/strong\u003e\u003c/p\u003e\u003cp\u003eJorge Saco, IAG’s Chief Information, Procurement, Services and Innovation Officer, emphasised: “We want to be at the forefront of innovation in the aviation industry, leveraging cutting-edge technology and new strategies to enhance our operations and customer experience. Adopting new technologies will improve our business and the value we generate, which is why we are seeking to work with and learn from top innovators through venturing. By launching venturing, alongside our accelerator programme, we plan to work with the best start-ups and scale-ups tackling today’s challenges.”\u003c/p\u003e\u003cp\u003e\u003cstrong\u003ePartner with us\u003c/strong\u003e\u003c/p\u003e\u003cp\u003eWe invite you to explore our new\u0026nbsp;website to find out more, read start-up success stories, and stay updated with the latest news and events.\u0026nbsp;\u003c/p\u003e\u003cp\u003eIf you’re at a start-up or scale-up with an exciting solution for the aviation industry, we would love to hear from you. Simply contact us telling us more about your solution and how you believe it could help.\u003c/p\u003e\u003cp\u003eWe look forward to working with the next batch of entrepreneurs who can help us transform aviation.\u003c/p\u003e","title":"IAG To Invest Up To €200 Million In Venturing With Launch Of IAGi Ventures","slug":"iag-to-invest-up-to-200-million-in-venturing-with-launch-of-iagi-ventures","date":"2025-03-10T00:00:00.000Z","company":{"image_url":"/uploads/companies/98/aviator","name":"AVIATOR","id":98},"formatted_date":"10MAR2025"},{"id":56270,"article":"\u003cp\u003e\u003cstrong\u003eSigning of Agreement for the Acquisition of Macquarie Rotorcraft Limited\u003c/strong\u003e\u003c/p\u003e\u003cp\u003e\u003cstrong\u003e10\u003csup\u003eth\u003c/sup\u003e\u0026nbsp;March, 2025\u003c/strong\u003e\u0026nbsp;- Sumitomo Mitsui Finance \u0026amp; Leasing Co., Ltd. (President \u0026amp; CEO: Masaki Tachibana, hereinafter referred to as \"SMFL\") and LCI Investment Limited (CEO: Jaspal Jandu, hereinafter referred to as “LCI”) are pleased to announce that their joint venture helicopter leasing company, SMFL LCI Helicopters Limited (\"SMFLH\") has entered into an agreement to acquire Macquarie Rotorcraft Limited (\"MRL\"), Macquarie Asset Management’s helicopter leasing business. The details of the transaction are commercial in confidence.\u0026nbsp;\u0026nbsp;\u003c/p\u003e\u003cp\u003eEstablished in 2013, MRL is a global helicopter leasing company with a fleet of about120 leased aircraft that operate in offshore transportation, emergency medical services, search and rescue and utility markets. SMFLH and LCI will increase the number of aircraft owned, managed, and on order to approximately 310 aircraft, and will pursue further expansion of its customer base and synergies with its existing businesses. The newly combined business will be managed by LCI.\u0026nbsp;\u003c/p\u003e\u003cp\u003eSMFL and LCI, an aerospace subsidiary of Libra Group, established a joint venture company SMFLH for helicopter operating leasing in 2020. Subsequently, in 2023, SMFL acquired a 35% stake in LCI, and have achieved steady growth.\u0026nbsp;\u003c/p\u003e\u003cp\u003eThrough this acquisition, we aim to further expand our business and customer bases and establish a strong position in the helicopter leasing industry, where demand is expected to grow.\u003c/p\u003e","title":"SMFL And LCI To Acquire Macquarie Rotorcraft","slug":"smfl-and-lci-to-acquire-macquarie-rotorcraft","date":"2025-03-10T00:00:00.000Z","company":{"image_url":"/uploads/companies/98/aviator","name":"AVIATOR","id":98},"formatted_date":"10MAR2025"},{"id":56261,"article":"\u003cp\u003e· Embraer announces the formation of a dedicated Global Leasing and Freighter team\u003c/p\u003e\u003cp\u003e· Oliver Gerg appointed as Senior Vice President (SVP) Global Leasing and Freighter.\u003c/p\u003e\u003cp\u003eAmsterdam, Netherlands, March 10, 2024 – Embraer (NYSE: ERJ/B3: EMBR3) Commercial Aviation has formed a dedicated Global Leasing and Freighter team as it continues to strengthen its strategic position in the cargo and leasing markets. The new team is based in Amsterdam, a key hub for global aviation, and brings together expertise in E-Jet Passenger to freighter conversions and commercial aviation leasing activities under one unified structure.\u003c/p\u003e\u003cp\u003eOliver Gerg will lead the team and has been appointed Senior Vice President (SVP) Global Leasing and Freighter. Oliver brings a wealth of experience to this position through his leadership of the Global Leasing team and having played a pivotal role in the launch of the E-Freighter in 2022. The role reports directly to Martyn Holmes, Chief Commercial Officer at Embraer Commercial Aviation.\u003c/p\u003e\u003cp\u003eMartyn Holmes, Chief Commercial Officer, Embraer Commercial Aviation, said, \"The creation of the Global Leasing and Freighter team is a critical step in our strategy to capitalize on opportunities in the growing cargo and leasing markets. Oliver’s leadership, industry expertise, and deep understanding of our business make him the ideal person to lead this initiative. We are confident that, under his guidance, this team will deliver exceptional value to our customers and stakeholders.\"\u003c/p\u003e\u003cp\u003eThis strategic realignment underscores Embraer’s commitment to innovation and customer focus, positioning the company to meet the evolving needs of the global aviation market.\u003c/p\u003e","title":"Embraer Commercial Aviation expands its sales organization With the Global Leasing and Freighter team","slug":"embraer-commercial-aviation-expands-its-sales-organization-with-the-global-leasing-and-freighter-team","date":"2025-03-10T00:00:00.000Z","company":{"image_url":"/uploads/companies/98/aviator","name":"AVIATOR","id":98},"formatted_date":"10MAR2025"},{"id":56263,"article":"\u003cp\u003eCalypte Holding Pte Ltd, based on Singapore, has officially registered a new subsidiary named PT Indonesia Airlines Group, which will be based at Jakarta's Soekarno-Hatta Airport, focusing only on international flights.\u003c/p\u003e\u003cfigure class=\"kg-card kg-image-card\"\u003e\u003cimg src=\"__GHOST_URL__/content/images/2025/03/1741415261588-1.jpeg\" class=\"kg-image\" alt=\"\" loading=\"lazy\" width=\"200\" height=\"200\"\u003e\u003c/figure\u003e\u003cp\u003eBusiness planning and feasibility studies are underway, with plans to operate 20 aircraft acquired in stages. Half of the aircraft will be made up of A321LR or A321neo, while the other ten will consist of A350-900 and B787-9.\u003c/p\u003e\u003cp\u003eThe planned airline aims to operate as a premium airline, serving 48 international destinations to 30 countries in the first five years.\u003c/p\u003e\u003cp\u003eRecruitment of staff is underway.\u003c/p\u003e","title":"Indonesia Airlines prepares for operations as a new premium entrant","slug":"indonesia-airlines-prepares-for-operations-as-a-new-premium-entrant","date":"2025-03-08T00:00:00.000Z","company":{"image_url":"/uploads/companies/98/aviator","name":"AVIATOR","id":98},"formatted_date":"08MAR2025"},{"id":56262,"article":"\u003cul\u003e\u003cli\u003eREGENT Craft reveals the first full-scale seaglider prototype, a novel high-speed maritime vessel that connects coastal destinations.\u0026nbsp;\u003c/li\u003e\u003cli\u003eThe Rhode Island-based developer and manufacturer completes the first on-water tests of the prototype with humans onboard, kicking off a testing campaign that will culminate in the first human seaglider flight mid-year.\u0026nbsp;\u003c/li\u003e\u003cli\u003eREGENT has an order book worth more than $9 billion from customers around the world.\u0026nbsp;\u003c/li\u003e\u003cli\u003eLearn more about REGENT\u0026nbsp;\u003ca href=\"https://www.regentcraft.com/\"\u003ehere\u003c/a\u003e.\u003c/li\u003e\u003c/ul\u003e\u003cp\u003e\u003cstrong\u003eNorth Kingstown, RI, March 6, 2025\u0026nbsp;\u003c/strong\u003e— REGENT Craft, the Rhode Island-based developer and manufacturer of all-electric seagliders, revealed today the world’s first full-scale crewed seaglider and completed the first on-water tests, showcasing the successful technical validation of the novel maritime vessel with humans on board and marking a pivotal moment in transportation history.\u003c/p\u003e\u003cp\u003eThe 12-passenger Viceroy seaglider prototype, at 55ft long with a 65ft wingspan, is the largest-ever all-electric flying machine and represents a novel mode of transportation. The high-speed vessel operates exclusively over water in three modes — floating on the hull, foiling above the waves on hydrofoils, and flying in ground effect within one wingspan of the surface of the water.\u0026nbsp;\u003c/p\u003e\u003cp\u003eIn maritime tradition, REGENT christened the vessel, named “Paladin”, before lowering her into Narragansett Bay, Rhode Island. Officially commencing sea trials, REGENT test captains completed the first in a series of on-water tests that will culminate in the first human seaglider flight mid-year. Sea trials follow months of rigorous sub-system testing of the critical onboard systems, including motors, batteries, electronics, mechanical systems, and vehicle control software.\u003c/p\u003e\u003cblockquote\u003e“Stepping off the dock and onto the Viceroy seaglider prototype for the first time was surreal\" said Mike Klinker, Co-founder and CTO of REGENT. “I felt honored to be in the cockpit as she left the dock for the first time and started sea trials. This was the first voyage of a vessel that is destined to transform mobility — the era of seagliders has begun.”\u003cem\u003e\u0026nbsp;\u003c/em\u003e\u003c/blockquote\u003e\u003ch3 id=\"high-speed-progress-to-market-entry%E2%80%8D\"\u003e\u003cstrong\u003eHigh-Speed Progress to Market Entry\u003c/strong\u003e‍\u003c/h3\u003e\u003cp\u003eSince REGENT's founding in 2020, the company has made rapid progress toward market entry for the Viceroy seaglider.\u0026nbsp;\u003c/p\u003e\u003cblockquote\u003e\"Sea trials are just the beginning,\" said Billy Thalheimer, REGENT Co-founder and CEO. \"This is the first step toward delivering Viceroy seagliders around the world and fulfilling our global order book. It's a true testament to the dedication of our world-class team and partners across the globe that we've accomplished this historic milestone in just four years since our founding. Today, we’re one step closer to meeting what we have now validated as massive global market demand for seagliders.\"\u003c/blockquote\u003e\u003ch4 id=\"technology\"\u003eTECHNOLOGY\u003c/h4\u003e\u003cp\u003eThe company successfully flew its quarter-scale seaglider prototype in 2022, validating its innovative technological approach to redefining wing-in-ground craft (WIGs), vessels that operate in ground effect low over the surface of the water. REGENT’s unique solution unlocks unprecedented efficiencies for coastal transportation, providing a low-cost, convenient option for use cases including passenger travel, cargo transport, and emergency response.\u003c/p\u003e\u003ch4 id=\"market\"\u003eMARKET\u003c/h4\u003e\u003cp\u003eHigh market demand has resulted in REGENT building a global order book worth more than $9 billion across six continents, as well as developing partnerships across government offices, businesses, and community groups in coastal regions around the world to facilitate market entry. REGENT continues to advance its dual use mission with U.S. Marine Corps, continuing their partnership in developing the seaglider’s advanced maritime defense, logistics, and search-and-rescue capabilities.\u003c/p\u003e\u003ch4 id=\"manufacturing\"\u003eMANUFACTURING\u003c/h4\u003e\u003cp\u003eIn January, REGENT broke ground on a 255,000 sq ft seaglider manufacturing facility in the Quonset Business Park in Rhode Island, expected to come online in 2026. In February, REGENT signed an agreement with Strategic Development Fund (SDF), an Abu Dhabi-based investment company and part of EDGE Group, to establish a joint venture that will bring seaglider manufacturing capabilities, maintenance services, and crew training to the UAE.\u0026nbsp;\u003c/p\u003e\u003ch4 id=\"certification\"\u003eCERTIFICATION\u003c/h4\u003e\u003cp\u003eREGENT has advanced its maritime certification process with the U.S. Coast Guard and with maritime regulators in key markets around the world, in partnership with esteemed maritime classification society Lloyd’s Register. \u0026nbsp;\u003c/p\u003e","title":"REGENT Begins Sea Trials of First Passenger-Carrying Seaglider","slug":"regent-begins-sea-trials-of-first-passenger-carrying-seaglider","date":"2025-03-06T00:00:00.000Z","company":{"image_url":"/uploads/companies/98/aviator","name":"AVIATOR","id":98},"formatted_date":"06MAR2025"},{"id":56264,"article":"\u003cp\u003e\u003cstrong\u003eSmartLynx Airlines, a globally recognized ACMI (Aircraft, Crew, Maintenance, Insurance), cargo, and charter operator and a member of Avia Solutions Group, has decided to restructure its fleet and transition to single-type operations. The transition will be carried out gradually, with the goal of achieving a unified fleet composition by mid-2025.\u003c/strong\u003e\u0026nbsp;\u003c/p\u003e\u003cp\u003e\u003cstrong\u003eEdvinas Demenius, CEO of SmartLynx Airlines:\u003c/strong\u003e\u0026nbsp;\"Over the past five years, SmartLynx has grown rapidly, expanding from 12 to nearly 70 aircraft to meet the rising demand for additional capacity. By embracing the agility that defines ACMI, we successfully navigated the challenges of the pandemic and the disruptions caused by the war in Ukraine. To sustain our growth and align with our group's strategic goals, we believe now is the right time to make decisions that will further strengthen the company in the long term.\"\u003c/p\u003e\u003cp\u003eSmartLynx Airlines concluded 2024 with a fleet of 68 and record number of flights operated – more than 68 thousand. For the first time in the company’s history, passenger numbers surpassed 10 million in a single year. Looking ahead to 2025, SmartLynx Airlines will focus on operating exclusively within the Airbus aircraft family, managing a fleet of A320 and A321 aircraft, while also scaling down its A321F freighter operations.\u003c/p\u003e\u003cp\u003e\"The industry we operate makes us directly reliant on market demand. Our operations are shaped by industry needs, requiring continuous adaptation to stay aligned with market dynamics,\" explains\u0026nbsp;\u003cstrong\u003eEdvinas Demenius\u003c/strong\u003e, \"Our business model and more than 30 years of experience allow us to be flexible and adaptable enough to rescale to grow sustainably.\"\u003c/p\u003e\u003cp\u003eThe transition to a single-type fleet will be implemented progressively with the aim to conclude it by the mid-2025, with partial asset reallocation within the group to enhance operational efficiency.\u003cbr\u003e\u003c/p\u003e","title":"SmartLynx Airlines transitions to a single-type aircraft operation in 2025","slug":"smartlynx-airlines-transitions-to-a-single-type-aircraft-operation-in-2025","date":"2025-03-06T00:00:00.000Z","company":{"image_url":"/uploads/companies/98/aviator","name":"AVIATOR","id":98},"formatted_date":"06MAR2025"},{"id":56265,"article":"\u003cp\u003eAir New Zealand has announced that Chief Executive Officer Greg Foran has resigned and will leave the airline on 20 October 2025.\u003c/p\u003e\u003cp\u003eChair, Dame Therese Walsh, notes Greg has indicated to the Board that he believes the airline is set up well to continue its trajectory of growth and innovation, and the time is right for him to take on a new challenge.\u003c/p\u003e\u003cp\u003ePaying tribute to Greg’s five-year tenure, Dame Therese says, “Greg has always displayed exceptional leadership and grit, not only guiding Air New Zealand through global aviation’s most significant crisis, but at the same time also maintaining the airline’s tradition of innovation, strong culture and care for our country.\u003c/p\u003e\u003cp\u003e“Perhaps his most notable contribution has been managing significant global supply chain challenges. These begun with Covid-19, and continue today with the engine issues materially impacting both our Boeing and Airbus fleets. While these challenges impact our operations almost daily, Greg’s relentless focus, and global profile, have been instrumental in mitigating the consequential disruptions on our customers.\u003c/p\u003e\u003cp\u003e“As I’d expect of Greg, he’s been very generous with his notice period and will stay with Air New Zealand through to the middle of October. This allows the Board to carry out a global search for his replacement which we will embark on immediately. The timing also allows Greg to help transition in a new leader. In the meantime, Greg will continue to lead Air New Zealand with the same dedication and energy that has defined his time with us,” says Dame Therese.\u003c/p\u003e\u003cp\u003eReflecting on his five years with the airline, Greg Foran says, “Leading Air New Zealand has been one of the greatest privileges of my career. It’s been an incredible experience alongside an exceptional team. I’m incredibly proud of what we’ve achieved together and the way we’ve positioned Air New Zealand for the future.\u003c/p\u003e\u003cp\u003e“I am humbled by the work Air New Zealanders do every day and their extraordinary commitment to each other, our customers and our country. Despite so many issues outside of our control, we have continued to deliver improvements to our service every day and I’ll leave later this year knowing Air New Zealand’s foundations are immensely strong, and its future very bright. It has been an honour to serve our customers, our 11,500 strong team, and New Zealand. I will look back on my time here with immense pride and gratitude.”\u003c/p\u003e","title":"Air New Zealand Chief Executive Greg Foran to step down in October 2025","slug":"air-new-zealand-chief-executive-greg-foran-to-step-down-in-october-2025","date":"2025-03-06T00:00:00.000Z","company":{"image_url":"/uploads/companies/98/aviator","name":"AVIATOR","id":98},"formatted_date":"06MAR2025"},{"id":56257,"article":"\u003cp\u003eDelta Air Lines is partnering with JetZero on a revolutionary, more sustainable aircraft that looks and feels like nothing flying today’s commercial skies.\u0026nbsp;\u003c/p\u003e\u003cul\u003e\u003cli\u003e\u003cem\u003eDelta to provide best-in-class operational expertise through its Sustainable Skies Lab to bring the innovative blended-wing-body (BWB) aircraft to commercial viability as part of the global carrier’s work toward net-zero emissions by 2050.\u0026nbsp;\u003c/em\u003e\u0026nbsp;\u003c/li\u003e\u003cli\u003e\u003cem\u003eGlobal airline to consult on interior design to re-invent and further elevate customer and employee experiences.\u003c/em\u003e\u0026nbsp;\u003c/li\u003e\u003cli\u003e\u003cem\u003eJetZero’s BWB design is expected to be up to 50% more fuel-efficient than aircraft in operation today, with flight range and seat capacity comparable to today’s mid-range international aircraft – all with existing engine technology.\u003c/em\u003e\u0026nbsp;\u003c/li\u003e\u003cli\u003e\u003cem\u003eDelta to support JetZero and Air Force demonstrator aircraft, slated to fly in 2027.\u003c/em\u003e\u0026nbsp;\u003c/li\u003e\u003c/ul\u003e\u003cp\u003eDelta Air Lines is partnering with JetZero on a revolutionary, more sustainable aircraft that looks and feels like nothing flying today’s commercial skies. The California-based start-up’s vastly more fuel efficient blended-wing-body (BWB) design is at the center of the collaboration and is one facet of Delta’s ongoing journey to advance industry innovation, drive down cost through increased fuel-savings, elevate the customer experience and achieve net-zero emissions by 2050.\u0026nbsp;\u003c/p\u003e\u003cp\u003eOn the heels of the airline celebrating 100 years of flight, the partnership underscores Delta’s commitment to shape what the future of flight looks like for centuries to come. Delta’s formal partnership with JetZero comes after the start-up received a grant from the U.S. Air Force in 2023 to help facilitate building a full-scale demonstrator for first flight in 2027. Delta will play a crucial role in the development by providing the operational expertise to help make this technology viable.\u0026nbsp;\u003c/p\u003e\u003cp\u003e“Working with JetZero to realize an entirely new airframe and experience for customers and employees is bold and important work to advance the airline industry’s fuel saving initiatives and innovation goals,” said Amelia DeLuca, Delta’s Chief Sustainability Officer. “While Delta is focused on doing what we can today to address our carbon footprint, it’s critical we also work with a variety of partners to advance revolutionary technologies, like JetZero’s blended-wing-body aircraft, to solve for a significant portion of future aviation emissions.”\u0026nbsp;\u003c/p\u003e\u003cp\u003eAs the newest member of Delta’s\u0026nbsp;\u003ca href=\"https://news.delta.com/ces2023/delta-launch-innovation-lab-accelerate-more-sustainable-future-flight\"\u003eSustainable Skies Lab\u003c/a\u003e, JetZero has the direct support of the global carrier’s world-class talent and access to its industry-leading operations. That includes the right maintenance and operational footprints to prove out and accelerate the commercialization of the BWB airframe technology – which is expected to be up to 50% more fuel efficient than the tube-and-wing designs\u003csup\u003e1\u003c/sup\u003ecustomers experience today. The partnership with JetZero marks Delta’s fourth “revolutionary fleet” partnership outlined in its\u0026nbsp;\u003ca href=\"https://esghub.delta.com/content/esg/en/2023/path-to-sustainability.html\"\u003eSustainability Roadmap\u003c/a\u003e\u0026nbsp;launched in 2023: a groundbreaking, transparent roadmap by which Delta aims to reach net-zero emissions by 2050.\u0026nbsp;\u003c/p\u003e\u003cp\u003eThe leading global airline will also help design an interior experience of the future to ensure a best-in-class customer and employee experience. The uniquely shaped airframe, that differs from today’s tube-and-wing shape, offers endless possibilities. With Delta at the helm of designing the interiors, customers can expect changes that enhance their experience, including dedicated overhead bin space for each passenger, accessible seats and lavatories, and fewer rows.\u0026nbsp;\u003c/p\u003e\u003cp\u003e“JetZero is working to change the world by bringing to market an aircraft that aims to fly this decade and make immediate and marked progress toward reducing airline energy costs, and the associated emissions,” said Tom O’Leary, JetZero cofounder and CEO. “The ability to realize such significant efficiency gains in the near future meaningfully impacts the industry’s commitment to reach net-zero emissions by 2050 and will serve as the foundation on which other technologies and efficiencies can be realized. Delta was one of the first carriers to partner with us, supporting us behind the scenes since 2023, and we look forward to their continued support of our program through their deep knowledge and expertise.”\u0026nbsp;\u003c/p\u003e\u003cfigure class=\"kg-card kg-image-card kg-card-hascaption\"\u003e\u003cimg src=\"https://news.delta.com/sites/default/files/styles/article_width_full/public/2025-03/jetzero-cabin.jpg?itok=pkQHnDNU\" class=\"kg-image\" alt=\"\" loading=\"lazy\" width=\"696\" height=\"392\"\u003e\u003cfigcaption\u003e\u003ci\u003e\u003cem class=\"italic\" style=\"white-space: pre-wrap;\"\u003eRendering courtesy of JetZero\u003c/em\u003e\u003c/i\u003e\u003c/figcaption\u003e\u003c/figure\u003e\u003ch4 id=\"about-the-evolution-of-the-blended-wing-body\"\u003eABOUT THE EVOLUTION OF THE BLENDED WING BODY\u003c/h4\u003e\u003cp\u003eThe revolutionary BWB aircraft, first tested and demonstrated in the 1990s by NASA and Stanford University to be safe and efficient, will also be capable of using sustainable aviation fuel (SAF) when it goes into service, since it will use today’s engine propulsion systems.\u0026nbsp;\u0026nbsp;\u003c/p\u003e\u003cp\u003eAircraft manufacturers have made incredible advancements to increase overall commercial aircraft fuel efficiency since passenger jets were first introduced. In fact, fleet fuel efficiency is estimated to be\u0026nbsp;\u003ca href=\"https://airlines.iata.org/2021/12/01/2050-net-zero-carbon-emissions#:~:text=The%20overall%20fuel%20efficiency%20of%20the%20industry%20fleet,fuel%20efficiency%20improvements%20over%20the%20next%20two%20decades.\" rel=\"noreferrer\"\u003e80% better than 50 years\u0026nbsp;ago.\u003c/a\u003e\u0026nbsp;At the same time, Delta has continued making fleet modifications – like adding\u0026nbsp;\u003ca href=\"https://news.delta.com/how-delta-fueling-more-sustainable-future-during-earth-month-and-beyond\"\u003ewinglets and lightweight landing gear\u003c/a\u003e\u0026nbsp;to further the effort. In fact, Delta’s cross-divisional Carbon Council saved a cumulative 40+ million gallons of fuel in 2024\u003cem\u003e\u003csup\u003e2\u003c/sup\u003e\u003c/em\u003e\u0026nbsp;due to operational efficiencies, fleet modifications, and reduced weight on board. But the industry agrees that more is needed, and quickly.\u0026nbsp;\u0026nbsp;\u003c/p\u003e\u003cp\u003eThis U.S. Air Force’s grant, coupled with support from partners such as Northrop Grumman and Scaled Composites, and ongoing coordination with the Federal Aviation Administration, further validates for major aviation stakeholders that the BWB design is a solution within reach. Delta has informally partnered with JetZero since 2021 on how to best commercialize the aircraft as part of the start-up's grant application.\u0026nbsp;\u0026nbsp;\u003c/p\u003e\u003cp\u003eJetZero’s BWB aircraft are expected to include a slate of revolutionary benefits for consumers and for environmental sustainability including:\u0026nbsp;\u003c/p\u003e\u003cul\u003e\u003cli\u003eThe BWB is up to 50% more fuel efficient than conventional tube-and-wing airframes on the market due to the design, which creates less drag, provides more lifting surface area, provides even load and lift distribution, and overall is markedly lighter in weight.\u0026nbsp; \u0026nbsp;\u003c/li\u003e\u003cli\u003eCapacity to carry more than 250 customers – which is similar to existing widebody aircraft – to provide the level of capacity and range needed to meet growing travel demand.\u0026nbsp;\u0026nbsp;\u003c/li\u003e\u003cli\u003eLess noise. With engines mounted on top of the aircraft, BWB aircraft are expected to be significantly quieter than existing aircraft.\u0026nbsp;\u003c/li\u003e\u003cli\u003eThe potential to fit into existing airport infrastructure and offer faster turn-around times – areas Delta is exploring and advising on.\u0026nbsp;\u003c/li\u003e\u003cli\u003eUtilizing SAF to further decrease lifecycle carbon emissions.\u0026nbsp; \u0026nbsp;\u003c/li\u003e\u003c/ul\u003e\u003cp\u003eDelta believes in connecting people to a more sustainable future of travel. The global airline’s\u0026nbsp;\u003ca href=\"https://news.delta.com/how-delta-fueling-more-sustainable-future-during-earth-month-and-beyond\"\u003eongoing work\u003c/a\u003e\u0026nbsp;to reach net-zero emissions by 2050 while delivering a more sustainable future of travel focuses on what we fly, how we fly and the fuel we use. While we’re making changes that are within our control today, like reducing fuel consumption across our operations, Delta is also working on long-term solutions\u0026nbsp;\u003ca href=\"https://news.delta.com/unlocking-potential-sustainable-aviation-fuel-through-meaningful-advocacy\"\u003elike advancing sustainable aviation fuel\u003c/a\u003e\u0026nbsp;to fully decarbonize its operations and the industry.\u0026nbsp;\u003c/p\u003e\u003cp\u003e\u003cem\u003e\u003csup\u003e1\u003c/sup\u003ewhen compared to current generation mid-range aircraft on a gallon-per-available-seat-mile basis\u003c/em\u003e\u0026nbsp;\u003c/p\u003e\u003cp\u003e\u003cem\u003e\u003csup\u003e2\u003c/sup\u003eRelative to what we would have used if Delta had not undertaken any fuel efficiency efforts.\u0026nbsp;\u0026nbsp;\u003c/em\u003e\u0026nbsp;\u003c/p\u003e","title":"Delta, JetZero partner to design the future of air travel by advancing first-of-its-kind, 50% more fuel-efficient aircraft for domestic and international routes","slug":"delta-jetzero-partner-to-design-the-future-of-air-travel-by-advancing-first-of-its-kind-50-more-fuel-efficient-aircraft-for-domestic-and-international-routes","date":"2025-03-06T00:00:00.000Z","company":{"image_url":"/uploads/companies/98/aviator","name":"AVIATOR","id":98},"formatted_date":"06MAR2025"},{"id":56258,"article":"\u003cp\u003e\u003cstrong\u003eNext phase of growth secured with 56 future aircraft fully financed, reinforcing AirAsia’s return to pre-COVID growth and leadership as World's Best Low Cost Airline\u003c/strong\u003e\u003c/p\u003e\u003cp\u003e\u003cstrong\u003eSEPANG, 5 March 2025 \u003c/strong\u003e– AirAsia Aviation Group (“AirAsia” or “the Group”) is ramping up its aggressive expansion strategy with the confirmation of 14 new aircraft deliveries in 2025 – four directly from aircraft manufacturer Airbus and 10 from lessors. This strategic fleet growth is set to support surging travel demand across Asean and beyond, reinforcing AirAsia’s position as the leading low-cost carrier.\u003c/p\u003e\u003cp\u003eAsia Pacific passenger numbers are set to grow by 7.9% in 2025 — the fastest globally — driven by economic recovery, competitive fares, and government-led tourism campaigns, according to the International Air Transport Association (IATA). Reflecting this momentum, AirAsia’s internal guidance targets 70 million passengers for FY2025, representing an 11% year-on-year increase. To achieve this, the Group is expanding capacity, enhancing connectivity, and optimising its network for greater efficiency. With a sharp focus on operational excellence and cost leadership, AirAsia’s immediate priorities are to strengthen its domestic market share and improve Fly-Thru connectivity across all operating markets, while in the medium term, it will explore expanding into key global destinations to bring new destinations to guests.\u003c/p\u003e\u003cp\u003eAirAsia’s Asean market leadership positions the airline as a key connector to major international markets, enabling seamless access to destinations across Asia-Pacific, Central Asia, the Middle East, and beyond. The airline’s expansive short-haul network, anchored by its mega hubs in Kuala Lumpur and Bangkok, and its hubs across Indonesia, the Philippines and Cambodia enhances regional connectivity while serving as a springboard for long-haul expansion.\u003c/p\u003e\u003cp\u003e\u003cstrong\u003eBo Lingam, Group CEO of AirAsia Aviation Group\u003c/strong\u003e, reaffirmed the airline’s confidence in its trajectory, stating: “We’ve had a great start to 2025, and we are excited as AirAsia’s future growth is fully secured, with the next 56 aircraft already financed. This gives us an unmatched runway for expansion, allowing us to scale with absolute certainty whilst delivering the most affordable and reliable travel experience. This is more than about expanding our fleet— it’s about putting more flights where our guests need them most, opening up new destinations, and making travel even more seamless and affordable. Every aircraft we deploy is a step toward giving our guests more choices, better connections, and the best value in the skies.\u0026nbsp;\u003c/p\u003e\u003cp\u003e“We are accelerating towards pre-pandemic growth rates faster than anticipated, and this expansion is a testament to our confidence in the market’s strength. Demand is up, load factors and yields remain strong, and we are laser-focused on route optimisations with a disciplined focus on cost efficiency. This positions AirAsia steadily to seize future growth opportunities and with the latest aircraft technology, we are future-proofing our operations for the next decade, setting the foundation for long-term, sustainable growth.”\u003c/p\u003e\u003cp\u003eWith the impending aviation corporate exercise, AirAsia is poised to consolidate its network by integrating the efficiency of its short haul routes with the reach of its long haul operations.\u0026nbsp; Additionally, the Airbus A321XLR and A321LR will be game-changing in resetting low-cost regional and long-haul connectivity, while the Airbus A330 fleet will be optimised for long-haul routes, supporting AirAsia’s push into new intercontinental markets. This strategically planned fleet expansion will allow the airline to reduce costs while improving fuel efficiency, ensuring a sustainable and cost-effective growth model.\u003c/p\u003e\u003cp\u003eAs one of the fastest-recovering airlines globally, AirAsia is on track to match and exceed its pre-pandemic growth trajectory. The confirmed aircraft deliveries will support high-demand routes, facilitate new market entries, and boost overall operational capacity, reinforcing AirAsia’s role as the leading low-cost carrier in the region. With strong market demand and a commitment to affordability, AirAsia continues to drive the future of low-cost travel while cementing its status as a global aviation powerhouse.\u003cbr\u003e\u003c/p\u003e","title":"AirAsia Aviation confirms 14 new aircraft deliveries for 2025 amidst strong market demand","slug":"airasia-aviation-confirms-14-new-aircraft-deliveries-for-2025-amidst-strong-market-demand","date":"2025-03-05T00:00:00.000Z","company":{"image_url":"/uploads/companies/98/aviator","name":"AVIATOR","id":98},"formatted_date":"05MAR2025"},{"id":56260,"article":"\u003cp\u003eThe Board of Virgin Australia announces Mr Dave Emerson has been appointed Chief Executive Officer of Virgin Australia. Mr Emerson will succeed Jayne Hrdlicka who indicated her intention to retire as Virgin Australia’s CEO in February 2024.\u003c/p\u003e\u003cfigure class=\"kg-card kg-image-card\"\u003e\u003cimg src=\"__GHOST_URL__/content/images/2025/03/Screenshot-2025-03-05-at-06.17.06.png\" class=\"kg-image\" alt=\"\" loading=\"lazy\" width=\"1253\" height=\"1090\" srcset=\"__GHOST_URL__/content/images/size/w600/2025/03/Screenshot-2025-03-05-at-06.17.06.png 600w, __GHOST_URL__/content/images/size/w1000/2025/03/Screenshot-2025-03-05-at-06.17.06.png 1000w, __GHOST_URL__/content/images/2025/03/Screenshot-2025-03-05-at-06.17.06.png 1253w\" sizes=\"(min-width: 720px) 720px\"\u003e\u003c/figure\u003e\u003cp\u003eMr Emerson is currently Virgin Australia’s Chief Commercial Officer, a role he has held since June 2021. Throughout his 25 years of experience in the aviation and tourism industries, working alongside global airlines, Dave has earned an international reputation for delivering business transformation and excellent financial results.\u003c/p\u003e\u003cp\u003eIn his current role, Mr Emerson has played an important role in positioning the airline as a value and choice carrier that puts its customers and people first.\u003c/p\u003e\u003cp\u003eMr Emerson will begin his transition into the CEO role immediately, and will formally assume the role on Friday 14 March. Ms Hrdlicka will continue to support the transition as needed for the next few months.\u003c/p\u003e\u003cp\u003e\u003cstrong\u003eComments from Virgin Australia Chairman Ryan Cotton:\u003c/strong\u003e\u003c/p\u003e\u003cp\u003e“After a global search, it was clear that Dave is the right leader to continue the implementation of Virgin Australia’s strategy. Detailed plans are in place which will deliver continued growth, strong business performance, and continuity of strategy further enhancing Virgin Australia’s competitive position in the Australian market. Dave also appreciates what is special about Virgin Australia – our team and our people – and will continue to act as a steward of our amazing culture. We are confident Dave will not miss a beat in leading continued strong performance and growth across our business.”\u003c/p\u003e\u003cp\u003e“Having had the opportunity to work with Dave over the last four years we recognise his unique breadth of commercial, digital and customer experience plus his deep knowledge of Australian aviation. He is well placed to support the strong momentum of the business and ensure the team continues to go from strength to strength.”\u003c/p\u003e\u003cp\u003e“Dave has been a core part of the team, developing our plans for transformation and growth of the business, with our team and customers very much at the core. He is well-respected right across our organisation.”\u003c/p\u003e\u003cp\u003e\"On behalf of the Board, I would like to thank Jayne for her exceptional leadership of the company. From administration and the challenges of restoring Virgin Australia’s network post COVID, to our recent announcement of a return to long haul international flying with a new strategic investor, Jayne has been tireless in her mission to lead this company back to greatness. Virgin Australia is in an excellent position for the future thanks to her leadership through some of the most difficult times in our industry. Jayne shared with us all a vision for the role Virgin Australia could play in Australian aviation and has led the rebuilding of every aspect of our airline to ensure that we could deliver great outcomes for our people and our customers\u003c/p\u003e\u003cp\u003ewhile also delivering significant returns to shareholders. We are sad to see her go, and she leaves with our deepest appreciation and gratitude for a job well done.”\u003c/p\u003e\u003cp\u003e\u003cstrong\u003eComments from incoming CEO Dave Emerson:\u003c/strong\u003e\u003c/p\u003e\u003cp\u003e“Travel is critical to the way we all live our lives and Virgin Australia plays a vital role for the community in making this possible every day.”\u003c/p\u003e\u003cp\u003e“I’m humbled by the opportunity to lead the airline and it’s 8,000 strong team on its next exciting chapter. I have experienced firsthand the remarkable journey over the past four years as we have reinvented Virgin Australia. We exist for our customers, but it is our people who are the heart of this organisation. They are central to our brand and our key differentiator in the highly competitive Australian aviation landscape.”\u003c/p\u003e\u003cp\u003e“Today, we are Australia’s most loved airline, delivering industry leading operational performance and record financial results. I will continue the transformation journey begun under Jayne’s outstanding leadership. The strategy we set as we emerged from Administration several years ago is now paying off. As we return to long-haul international flying, and innovate our domestic services, we can open greater choice and even better value travel experiences for our customers, including more opportunities to reward them for their loyalty. Importantly, it also creates new opportunities for our team.”\u003c/p\u003e\u003cp\u003e\u003cstrong\u003eCEO Jayne Hrdlicka commented:\u003c/strong\u003e\u003c/p\u003e\u003cp\u003e“It has been a career highlight and a huge privilege to lead Virgin Australia, and I could not be more proud of how much we have achieved together as a team. Today, Virgin Australia is the most reliable airline, the most trusted and the most loved airline in the country and is delivering exceptional returns for its shareholders. We have detailed plans in place for the next four years which support a very bright outlook for Virgin Australia Group. It is now the perfect time to transition leadership for this next chapter. Dave is an excellent choice to succeed me as CEO. He has proven himself as a strong leader and has been a key contributor to Virgin Australia’s successful transformation journey. His breadth of experience will be invaluable to the company and he brings the added advantage of being part of the team that created our blueprint for continued improvement in both profitability and growth.”\u003c/p\u003e","title":"Virgin Australia appoints Dave Emerson as CEO","slug":"virgin-australia-appoints-dave-emerson-as-ceo","date":"2025-03-05T00:00:00.000Z","company":{"image_url":"/uploads/companies/98/aviator","name":"AVIATOR","id":98},"formatted_date":"05MAR2025"},{"id":56256,"article":"\u003cp\u003ePHOENIX, March 3, 2025 – During the ISTAT Americas annual convention in Phoenix today, Aircraft Engine Lease Finance, Inc (“AELF”) announced it has acquired an A330-300 on lease to South African Airways; the 2016 vintage aircraft bears serial number 1754.\u0026nbsp;\u003c/p\u003e\u003cp\u003e“This A330-300 acquisition presented a unique opportunity to connect our recent activities in South Africa and our extensive experience with A330s,” said Joe Cirillo, Chief Commercial Officer.\u0026nbsp;\u0026nbsp;“South African Airways is a long-standing flag carrier on a positive trajectory, which we are very proud to add to our roster of valued airline partners.”\u003c/p\u003e\u003cp\u003eAELF has recently acquired, leased and financed several 737-800s in of South Africa and elsewhere, and owns a leased fleet of A330-200s.\u0026nbsp;\u0026nbsp;\u003c/p\u003e\u003cp\u003e“SAA is pleased and grateful at the renewal of its partnership with AELF as we grow and modernise our fleet in light of the exciting prospecting beckoning our industry here in Africa and beyond.” John Lamola, CEO of South African Airways, added.\u003c/p\u003e\u003cp\u003eThe transaction was arranged by the Dutch firm Arena Aviation Capital. “This transaction is our\u0026nbsp;\u0026nbsp;first with AELF who we congratulate with the acquisition and smooth professional deal closing” said Erik Dahmen, Chief Commercial Officer of Arena. “Moreover, it is a testimony to our desire to add value to and generate more revenue from third party services, apart from traditional aircraft lease management.”\u003c/p\u003e","title":"AELF Acquires Airbus A330-300 on Lease to South African Airways","slug":"aelf-acquires-airbus-a330-300-on-lease-to-south-african-airways","date":"2025-03-03T00:00:00.000Z","company":{"image_url":"/uploads/companies/98/aviator","name":"AVIATOR","id":98},"formatted_date":"03MAR2025"},{"id":56259,"article":"\u003cp\u003e\u003cstrong\u003eNorwegian has announced an agreement to buy ten Boeing 737-800 aircraft that are currently a part of its leased fleet. The transaction is expected to close in the first quarter of 2025.\u003c/strong\u003e\u003c/p\u003e\u003cp\u003eThe transaction is at favourable terms and represents a key step in securing Norwegian’s future fleet. The move will enhance financial flexibility in line with the long-term strategy and reduce overall ownership cost.\u003c/p\u003e\u003cp\u003e“The overall terms achieved are attractive for Norwegian, and the transaction fits well with our long-term fleet and ownership strategy. The aircraft being acquired are an integral part of Norwegian’s existing fleet and will through this deal continue to operate across our attractive and growing route network. This move is expected to deliver both short and long-term cost savings, as well as provide additional flexibility for future fleet planning,” concludes CEO Geir Karlsen.\u0026nbsp;\u003c/p\u003e\u003cp\u003eThe transaction will initially be funded through the Company’s cash on hand and is expected to close in the first quarter of 2025. Norwegian is in the process of securing long term financing after completion through a combination of financing arrangements.\u0026nbsp;\u003c/p\u003e\u003cp\u003eOn completion of the transaction, Norwegian expects to record a non-recurring gain of approximately NOK 570 million. This gain reflects the pricing the company has been able to achieve for the aircraft and the corresponding reduction of existing lease liabilities. Additionally, the transaction is expected to generate recurring cost savings net of financing costs of an average of approximately NOK 200 million per year.\u003c/p\u003e","title":"Norwegian to purchase ten Boeing 737-800 aircraft","slug":"norwegian-to-purchase-ten-boeing-737-800-aircraft","date":"2025-03-03T00:00:00.000Z","company":{"image_url":"/uploads/companies/98/aviator","name":"AVIATOR","id":98},"formatted_date":"03MAR2025"},{"id":56252,"article":"\u003cp\u003e·\u0026nbsp;\u0026nbsp;\u0026nbsp;\u0026nbsp;\u0026nbsp;\u0026nbsp;\u0026nbsp;More than 100 aircraft expected to be added to flynas fleet over the next five years\u0026nbsp;\u003c/p\u003e\u003cp\u003eRiyadh, February 28, 2025: Flynas, the leading low-cost carrier in the Middle East, announces the successful closure of a Murabaha financing agreement with Bank Aljazira worth SAR 495 Million ($132 million) to finance the acquisition of three state-of-the-art Airbus A320neo aircraft. This initiative is part of the airline's efforts to support the Saudi financial sector and enhance its competitiveness by developing sophisticated financial products tailored for aviation.\u003c/p\u003e\u003cp\u003eThis agreement aligns with Flynas' strategy to foster stronger collaboration between the aviation industry and local financial institutions, contributing to the creation of advanced financial products that enhance the Saudi financial market and provide unique investment opportunities for the local banking sector. It also underscores Flynas' commitment to prioritizing Saudi companies to benefit from its future expansions, thereby building a robust and integrated aviation ecosystem that supports the objectives of Saudi Vision 2030.\u003c/p\u003e\u003cp\u003eCommenting on the agreement, Bander Almohanna, CEO of Flynas, stated:\u003c/p\u003e\u003cp\u003e\"We take great pride in strengthening our collaboration with national financial institutions such as Bank AlJazira. Through these partnerships, we aim to introduce innovative and advanced financial products that enhance the Saudi financial market and allow it to capitalize on the aviation sector's growth. We remain steadfast in our commitment to prioritizing Saudi companies in our expansion plans, ensuring the development of a robust and sustainable national aviation ecosystem aligned with Saudi Vision 2030.\" Almohanne added: \"In line with the directions of the General Authority of Civil Aviation (GACA), emphasizing the importance of strengthening local partnerships and developing national capabilities in the aviation sector, Flynas actively pursues this vision through continuous collaboration with Saudi financial institutions. This agreement follows a previous milestone with Saudi leasing company AviLease, where Flynas became the first airline to sign a purchase and leaseback agreement for 12 Airbus A320neo aircraft, reinforcing the role of national companies in supporting the aviation industry.\u003c/p\u003e\u003cp\u003eThe newly acquired aircraft are expected to enhance flynas' network coverage, improve operational efficiency, and elevate the passenger experience while emphasizing environmental sustainability, further demonstrating flynas' commitment to fostering innovation and growth in the Saudi aviation sector.\u003c/p\u003e","title":"Flynas and Bank AlJazirah ink SAR 495 Million (US$ 132Million) Aircraft Financing Deal for 3 New Airbus A320 NEOs","slug":"flynas-and-bank-aljazirah-ink-sar-495-million-us-132million-aircraft-financing-deal-for-3-new-airbus-a320-neos","date":"2025-03-01T00:00:00.000Z","company":{"image_url":"/uploads/companies/98/aviator","name":"AVIATOR","id":98},"formatted_date":"01MAR2025"},{"id":56253,"article":"\u003cp\u003e\u003cstrong\u003eProfessor John M. Lamola, appointed Group CEO of SAA\u003c/strong\u003e\u003c/p\u003e\u003cp\u003e\u003cem\u003eSAA Board says that, with a permanent CEO in the cockpit, SAA can take off for an even brighter future\u003c/em\u003e\u003c/p\u003e\u003cp\u003e\u003cstrong\u003eJohannesburg, 27 February 2025\u003c/strong\u003e\u0026nbsp;– The South African Airways (SAA) Board welcomes the approval by the Minister of Transport, Ms Barbara Creecy’s appointment of Professor John M. Lamola as its Group Chief Executive Officer.\u003c/p\u003e\u003cp\u003eThe Board is confident that Professor Lamola’s appointment marks a turning point for SAA’s long-term financial health, who has the skill, track record, leadership skills, insight, and vision to guide the national carrier in its continued growth, ensuring that SAA remains a viable regional, continental, and global aviation operator.\u003c/p\u003e\u003cp\u003eProfessor Lamola has been at the helm at SAA as interim CEO since May 2022. He is deeply conversant with the airline’s past and has been intimately involved in planning its future. His proven leadership will ensure stability and continuity in SAA’s governance and operations.\u003c/p\u003e\u003cp\u003eSAA Board Interim Chairperson, Mr Derek Hanekom says: “The SAA Board is delighted to be able to appoint a solid and dedicated leader well versed in SAA’s fortunes and eager to continue overseeing its take-off into better skies. We wish Professor Lamola and SAA safe flight into an even brighter future.”\u003c/p\u003e\u003cp\u003eIn his position as interim CEO, Professor Lamola ensured SAA’s return to profit-making status. In the 2022/23 financial year, SAA reported a net profit of R252-million, marking its first profitable year since 2012. Revenue in the same year was R5.7-billion, up from R2-billion in the previous financial year (2021/22).\u003c/p\u003e\u003cp\u003eThe airline has steadily added national, continental, and global routes, flying to 16 destinations by January 2025, in contrast with six destinations in 2021. It has expanded its fleet from six aircraft to 20 in the same period, including the addition of two Airbus A330s. Since 2021, SAA has increased its workforce from 800 to approximately 2 000 (November 2024), including 140 pilots, at group level.\u003c/p\u003e\u003cp\u003eThe airline’s financial discipline and health continue to improve, and Professor Lamola’s appointment confirms the Board’s confidence in his leadership and aligns with the government's vision for a commercially viable and globally competitive SAA.\u003c/p\u003e\u003cp\u003e“Professor Lamola can now continue growing SAA with confidence, knowing that he has the full support of the SAA Board and its shareholders,” Hanekom says. “We congratulate him on his appointment and wish him well in his leadership of SAA.”\u003c/p\u003e\u003cp\u003eAccording to a study SAA commissioned from Oxford Economics Africa, a London-headquartered consulting leader in global economic forecasting and econometric analysis, SAA’s gross value add (GVA) to South Africa’s GDP in the 2023/24 financial year is R9.1-billion. Oxford Economics Africa projects that the airline’s GVA to South Africa’s GDP will rise to R32.6-billion by 2029/30.\u003c/p\u003e\u003cp\u003eThe same report estimates that SAA is a powerful job creator for the South African economy. It projects that SAA’s impact on the economy, through, for example, bringing tourists to South Africa and facilitating international trade with the country, will take off, sparking the creation of direct and indirect jobs, from 25 200 jobs in 2023/24 to 86 700 by 2029/30.\u003c/p\u003e\u003cp\u003eSAA activities are anticipated to generate government revenue of R1.1-billion (actual) in 2023/24, rising to R4.4-billion (projected) by 2029/30.\u003c/p\u003e\u003cp\u003eProfessor Lamola has solid experience in the aviation industry, having built and managed a proprietary private equity investment portfolio that included holdings in aviation and internet technologies. He was CEO at Denel Aviation between 1996 and 2001 and served on the Board of the Airports Company South Africa between 2012 and 2017.\u003c/p\u003e\u003cp\u003eProfessor Lamola obtained his PhD in philosophy and religious studies from Edinburgh University in Scotland and a Master of Business Administration degree from Embry-Riddle Aeronautical University in Florida in the United States.\u003c/p\u003e","title":"Professor John M Lamola, appointed Group CEO of SAA","slug":"professor-john-m-lamola-appointed-group-ceo-of-saa","date":"2025-02-28T00:00:00.000Z","company":{"image_url":"/uploads/companies/98/aviator","name":"AVIATOR","id":98},"formatted_date":"28FEB2025"},{"id":56255,"article":"\u003cp\u003eSkytrans, an Australian-based passenger airline and part of Avia Solutions Group, the world’s largest ACMI (Aircraft, Crew, Maintenance, and Insurance) provider, has recently received an AOC (Air Operator Certificate) to commence operations with narrow-body aircraft in the region. It marks a key milestone in the airline’s operational capabilities and strategic expansion as it recently welcomed its first Airbus A319 to its fleet.\u003c/p\u003e\u003cp\u003eForecasts predict that total domestic air passenger travel in Australia will grow by approximately 2.6% per year, expecting to surpass 237 million passengers by 2050. The introduction of the Airbus A319 is specifically aimed at increasing passenger capacity during peak travel seasons in Australia, offering regional carriers the ability to open or test new routes, operate more flights, or replace aircraft that need maintenance without disruption to scheduled flights.\u0026nbsp;ACMI business model helps airlines increase capacity during high-demand seasons, improve profitability by 2-3%, and navigate market fluctuations.\u003c/p\u003e\u003cp\u003eGytis Gumuliauskas, Managing Director at Skytrans, commented, \"The AOC operations specification approval to operate the Airbus A319 is a significant achievement for Skytrans. It will expand our fleet capabilities and provide clients with the opportunity to deliver profit accelerating initiatives through the utilization of additional fleet capacity at crucial peak season periods. The introduction of the new aircraft type is a major step forward and marks a new era of ACMI services in Australia.”\u003c/p\u003e\u003cp\u003eThe Airbus A319 will be dedicated to delivering ACMI and charter operations in Australia and the Asia-Pacific region, delivering the initial roll-out of the strategy that inspired Avia Solutions Group’s acquisition of Skytrans in March 2024.\u0026nbsp;\u003c/p\u003e\u003cp\u003eThe current Skytrans fleet consists of 5 x Dash 8-100s, 5 x Cessna 208B Grand Caravans, and a single Dash 8-300 turboprop aircraft. The integration of the Airbus A319 allows the airline to enter the ACMI market, enhancing its operational capabilities in the region with short-medium haul aircraft.\u0026nbsp;\u003c/p\u003e\u003cp\u003eSkytrans will continue to deliver scheduled RPT (Regular Public Transport) services, while seeking to become one of the key ACMI operator in the region, with additional passenger aircraft scheduled to join the fleet in 2025 and beyond.\u0026nbsp;\u003c/p\u003e","title":"Skytrans Receives AOC to Commence ACMI Operations with Narrow-Body Aircraft","slug":"skytrans-receives-aoc-to-commence-acmi-operations-with-narrow-body-aircraft","date":"2025-02-28T00:00:00.000Z","company":{"image_url":"/uploads/companies/98/aviator","name":"AVIATOR","id":98},"formatted_date":"28FEB2025"},{"id":56254,"article":"\u003cp\u003e\u003cstrong\u003eAvion Express Brasil, a fully owned subsidiary of Avion Express and part of Avia Solutions Group, has successfully obtained its Air Operator’s Certificate (AOC) from Brazil's National Civil Aviation Agency (ANAC). This milestone marks the official launch of the first dedicated ACMI (Aircraft, Crew, Maintenance, and Insurance) operator in Brazil, further strengthening Avion Express’s position as a global leader in ACMI solutions.\u003c/strong\u003e\u003c/p\u003e\u003cp\u003eWith AOC approval in place, Avion Express Brasil is set to commence commercial operations in Q1\u0026nbsp;2025, deploying up to 10 Airbus A320 family aircraft by the end of the year. The company plans to scale its fleet to 25 aircraft by 2027/2028 to address the growing demand for efficient capacity solutions in Latin America.\u003c/p\u003e\u003cp\u003e\u003cstrong\u003eStrategic Expansion in Latin America\u003c/strong\u003e\u003c/p\u003e\u003cp\u003eAvion Express has long recognized the potential of Latin America as a key growth market. The company has successfully established a long-term partnership in Mexico and recently started operations in Argentina. Darius Kajokas, CEO of Avion Express, says that Brazil, one of the largest aviation markets in the region, represents a natural and strategic next step in this expansion:\u003c/p\u003e\u003cp\u003e“Avion Express Brasil AOC represents a significant step forward for ACMI solutions, as it opens up a new market and introduces innovative solutions for capacity management to airlines. We are deeply grateful to ANAC for recognizing the value of this expansion and for supporting it. With the aviation industry experiencing cyclical demand shifts, our ACMI solutions will provide to Brazilian airlines the flexibility they need to optimize their operations. We are confident that our services will help bridge capacity gaps while maintaining the highest standards of efficiency and reliability.”\u003c/p\u003e\u003cp\u003e\u003cstrong\u003eAddressing Seasonal Demand Challenges\u003c/strong\u003e\u003c/p\u003e\u003cp\u003eThe ACMI business model is designed to help airlines manage seasonal fluctuations and operational challenges. Seasonal changes and varying passenger numbers are key factors which highlight the value and efficiency of ACMI solutions.\u003c/p\u003e\u003cp\u003e“ACMI solutions are strategically designed to address the demands of peak travel seasons, allowing airlines to add or remove aircraft from their fleets as needed, providing the flexibility to adapt to market fluctuations and seasonality,” emphasized Esteban Jauregui Lorda, CEO of Avion Express Brasil.\u0026nbsp;\u003c/p\u003e\u003cp\u003e\"Looking ahead to 2025, Brazil’s tourism and aviation sectors are expected to keep growing. Supported by investment from Avia Solutions Group, Avion Express Brasil is ready to meet the needs of airlines. With our AOC secured, we are poised to provide Brazilian airlines with reliable and cost-effective capacity solutions, helping them manage both peak demand and market shifts seamlessly.”, – adds CEO of Avion Express Brasil.\u0026nbsp;\u003c/p\u003e\u003cp\u003e\u003cstrong\u003eA Global Leader in ACMI Operations\u003c/strong\u003e\u003c/p\u003e\u003cp\u003eSpecializing in narrow-body ACMI operations, Avion Express and Avion Express Malta now operate a fleet of over 50 Airbus A320 family aircraft, serving major airlines worldwide, including Eurowings, Flybondi, KM Malta, SunExpress, Transavia, Viva, and many others. Avion Express is a member of the Latin American and Caribbean Air Transport Association (ALTA), further demonstrating its commitment to the region.\u003c/p\u003e\u003cp\u003eAs part of Avia Solutions Group – the world’s largest ACMI service company group – Avion Express benefits from a robust global network. Avia Solutions Group operates a fleet of over 200 aircraft and provides a wide range of aviation services, including aircraft maintenance and repair, pilot and crew training, and ground handling.\u003c/p\u003e","title":"Avion Express Brasil obtained AOC","slug":"avion-express-brasil-obtained-aoc","date":"2025-02-28T00:00:00.000Z","company":{"image_url":"/uploads/companies/98/aviator","name":"AVIATOR","id":98},"formatted_date":"28FEB2025"},{"id":56251,"article":"\u003cp\u003e\u003cem\u003eFirst production engine deliveries expected later this year\u003c/em\u003e\u003c/p\u003e\u003cp\u003e\u003cstrong\u003eEAST HARTFORD, Conn. (February 27, 2025)\u003c/strong\u003e\u0026nbsp;– Pratt \u0026amp; Whitney, an RTX (NYSE: RTX) business, announced that the\u0026nbsp;\u003cstrong\u003eGTF Advantage engine has achieved the U.S. Federal Aviation Administration (FAA) type certification for the Airbus A320neo family\u003c/strong\u003e. The Advantage is the latest engine from the GTF family to be certified.\u003c/p\u003e\u003cp\u003e\u003cem\u003e“GTF engines already offer the lowest fuel consumption and CO\u003csub\u003e2\u003c/sub\u003e\u0026nbsp;emissions for single-aisle aircraft,”\u003c/em\u003e\u0026nbsp;said\u0026nbsp;\u003cstrong\u003eRick Deurloo, president of Commercial Engines at Pratt \u0026amp; Whitney\u003c/strong\u003e.\u0026nbsp;\u003cem\u003e“The GTF Advantage engine extends that lead and enhances aircraft capability, providing more thrust and even more value to operators of A320neo family aircraft, especially on longer-range aircraft like the A321XLR, all with a more durable configuration. With this certification and engine deliveries on track for later this year, it’s fitting we mark these milestones in 2025, as Pratt \u0026amp; Whitney celebrates a century of powering the future.”\u003c/em\u003e\u003c/p\u003e\u003cp\u003eThe GTF Advantage will deliver 4-8% more takeoff thrust, enabling higher payload and longer range, unlocking new destinations for airlines. It offers better fuel efficiency with lower carbon emissions. Pratt \u0026amp; Whitney is working to ensure that the GTF Advantage will be compatible with future specifications for 100% sustainable aviation fuel. Fully intermixable and interchangeable with today’s GTF engine model, GTF Advantage will become the production standard.\u0026nbsp;\u003c/p\u003e\u003cp\u003eThe GTF Advantage includes fully redesigned life-limited parts and technology enhancements throughout the gas path. It is fundamentally more durable, with increased airflow in the core to lower operating temperatures and a state-of-the-art hot section to increase time on wing. In the high-pressure turbine (HPT), the enhancements include an advanced airfoil design with improved coatings. The HPT and combustor also feature optimized cooling hole size, shape and location, with improved hole drilling techniques to reduce oxidation.\u003c/p\u003e\u003cp\u003e\u003cem\u003e“India was an early adopter of the GTF engine and operators have benefited from its best-in-class fuel efficiency and low CO2 emissions. With technological enhancements that deliver increased thrust, fuel efficiency and durability in severe operating environments, we expect the GTF Advantage to be attractive to Indian operators,”\u003c/em\u003e\u0026nbsp;said\u0026nbsp;\u003cstrong\u003eAshmita Sethi, president \u0026amp; country head, Pratt \u0026amp; Whitney, India\u003c/strong\u003e.\u003c/p\u003e\u003cp\u003eThe GTF Advantage test program incorporated extensive endurance testing to advance product maturity at entry into service.\u0026nbsp;The GTF Advantage accomplished more than twice the amount of testing compared to the current GTF engine. It also benefits from over 100,000 hours of engine and rig testing across all GTF programs, along with 38 million flight hours of in-service operation. Certain elements of the GTF Advantage configuration can be incorporated into today’s GTF engine to support increased time on wing.\u003c/p\u003e\u003cp\u003eTo date, more than 2,200 GTF-powered aircraft have been delivered to over 80 customers worldwide. GTF engines enable up to 20% better fuel efficiency and since entering service, have helped airlines save more than 2 billion gallons of fuel, equivalent to avoiding 20 million metric tons of CO2 emissions, compared to those aircraft having been powered by prior generation engines. Demand for the GTF engine remains strong, with 11,000 engine orders and commitments in total across all platforms.\u003c/p\u003e","title":"RTX’s Pratt \u0026 Whitney GTF AdvantageTM engine achieves U.S. FAA type certification","slug":"rtxs-pratt-whitney-gtf-advantagetm-engine-achieves-u-s-faa-type-certification","date":"2025-02-27T00:00:00.000Z","company":{"image_url":"/uploads/companies/98/aviator","name":"AVIATOR","id":98},"formatted_date":"27FEB2025"},{"id":56249,"article":"\u003cp\u003e\u003cstrong\u003eFinancing to be Used to Fund Acquisitions of On-Lease 737NG and A320ceo Aircraft\u003c/strong\u003e\u003c/p\u003e\u003cp\u003eFTAI Aviation Ltd.\u0026nbsp;(NASDAQ: FTAI) (“FTAI” or the “Company”) today announced its Strategic Capital Initiative (“SCI”) has obtained a commitment for\u0026nbsp;$2.5 billion\u0026nbsp;of asset-level debt financing led by global investment firm\u0026nbsp;ATLAS SP Partners\u0026nbsp;(“ATLAS SP”), the structured products business majority owned by Apollo funds, and Deutsche Bank AG,\u0026nbsp;New York\u0026nbsp;Branch. FTAI believes this debt financing will provide the SCI the ability to deploy\u0026nbsp;$4.0+ billion of total capital into on-lease 737NG and A320ceo aircraft while allowing FTAI to maintain an asset-light business model. All engines owned by the SCI will be powered exclusively via engine and module exchanges with FTAI’s Maintenance, Repair and Exchange (“MRE”) business.\u003c/p\u003e\u003cp\u003e“We are thrilled that our Strategic Capital Initiative has secured this financing commitment,” said\u0026nbsp;Joseph P. Adams, CEO and Chairman of FTAI. “We believe this will allow the SCI to be one of the largest investors focused on mid-life, on-lease aircraft and we are grateful for the support of SCI capital partners and lenders, whose confidence in our business affirms and amplifies our strong momentum.”\u003c/p\u003e\u003cp\u003eMr. Adams\u0026nbsp;continued, “This is an exciting time for FTAI as our MRE offering continues to penetrate the market and transform the way asset owners think about engine maintenance. With a\u0026nbsp;$22 billion\u0026nbsp;total addressable market and only 5% market share today\u003csup\u003e*\u003c/sup\u003e, we believe we are in the early innings of growth for our Aerospace Products business. We are also grateful for our growing customer base, and we look forward to driving cost and time savings for more asset owners with our differentiated Maintenance, Repair and Exchange services.”\u003c/p\u003e\u003cp\u003eJohn Zito, Co-President of Apollo Asset Management said, “We are excited for ATLAS SP to support FTAI’s Strategic Capital Initiative in its inaugural asset-level debt financing. We believe this financing provides ATLAS SP clients with compelling, risk-adjusted returns, and demonstrates our continued leadership in leading inaugural issuances and financings for our clients. We are pleased to be partnering with the FTAI Strategic Capital Initiative team and their differentiated platform.\u003c/p\u003e\u003cp\u003eCarey Lathrop, CEO of ATLAS SP continued, “We are honored to have served as structuring agent and lead arranger and to have been able to commit\u0026nbsp;$2 billion\u0026nbsp;directly in support of FTAI’s Strategic Capital Initiative. With global travel at record highs, the tailwinds for the aircraft finance industry are robust, and we look forward to building our relationship with FTAI through future bespoke financings. FTAI’s newly launched Strategic Capital Initiative combined with its innovative approach to aircraft engine maintenance services will lead to numerous ways to partner in the future.”\u003c/p\u003e\u003cp\u003eThe financing commitment is subject to certain customary conditions.\u003c/p\u003e\u003cp\u003e*\u0026nbsp;$22 billion\u0026nbsp;total addressable market based on total maintenance dollars spent industrywide in 2024 on CFM56-5B/7B and V2500 engines, and FTAI’s 5% of market share is based on total revenue from Aerospace Products in 2024.\u003c/p\u003e\u003cp\u003e\u003cstrong\u003eAdvisors\u003c/strong\u003e\u003c/p\u003e\u003cp\u003eIn connection with the launch of FTAI’s\u0026nbsp;Strategic Capital Initiative, Kirkland \u0026amp; Ellis LLP,\u0026nbsp;McGuireWoods LLP\u0026nbsp;and\u0026nbsp;Gibson, Dunn \u0026amp; Crutcher LLP\u0026nbsp;are serving as legal counsel and\u0026nbsp;Lincoln International LLC\u0026nbsp;is serving as financial advisor.\u0026nbsp;Clifford Chance LLP\u0026nbsp;is serving as counsel to the 2025 Partnership lenders.\u003c/p\u003e\u003cp\u003eATLAS SP Partners\u0026nbsp;served as the sole structuring agent and lead arranger on the financing, and Deutsche Bank served as an arranger.\u003c/p\u003e","title":"FTAI's Strategic Capital Initiative Secures Commitment for $2.5 Billion of Asset-Level Debt Financing","slug":"ftais-strategic-capital-initiative-secures-commitment-for-2-5-billion-of-asset-level-debt-financing","date":"2025-02-26T00:00:00.000Z","company":{"image_url":"/uploads/companies/98/aviator","name":"AVIATOR","id":98},"formatted_date":"26FEB2025"},{"id":56248,"article":"\u003cp\u003e\u003cstrong\u003eLondon, 26 February 2025 -\u0026nbsp;\u003c/strong\u003eTurkish Airlines, the airline flying to more countries than any other, has launched its comprehensive package holiday brand globally, offering travellers a seamless way to plan and book their trips in one place. The launch event held at The Peninsula London Hotel welcomed numerous distinguished guests from around the world, marking a strategic expansion for the brand.\u0026nbsp;\u003c/p\u003e\u003cp\u003eHolidaymakers can now arrange\u0026nbsp;\u003cstrong\u003eflights, hotels, tours, activities, car rentals, airport transfers, insurance and more\u0026nbsp;\u003c/strong\u003ethrough\u003ca href=\"http://holidays.turkishairlines.com/\"\u003e\u0026nbsp;\u003cu\u003eholidays.turkishairlines.com\u003c/u\u003e\u003c/a\u003ewith just a few clicks. Previously available only for outbound flights from Türkiye, Turkish Airlines Holidays has now expanded to key markets including the UK, Europe, South Korea, Mexico, Australia, and many more through strategic partnerships with HBX and Perfectstay.\u003c/p\u003e\u003cp\u003eThis expansion marks a significant milestone in Turkish Airlines’ aim to provide seamless and high-quality experiences for travellers worldwide. Building on this momentum, Turkish Airlines Holidays is preparing for its launch in the U.S. in the coming months.\u0026nbsp;\u003c/p\u003e\u003cp\u003eCommenting at the exclusive launch event,\u0026nbsp;\u003cstrong\u003eTurkish Airlines Chief Executive Officer Bilal Ekşi\u003c/strong\u003e\u0026nbsp;said:\u0026nbsp;\u003cem\u003e“Passengers travelling outbound from Türkiye have enjoyed the convenience of booking their entire trip through Turkish Airlines Holidays. Now, we are extending this seamless experience to travellers worldwide, making holiday planning easier than ever while strengthening our global presence. We are delighted to provide such comprehensive, one-stop booking options for our guests, further improving their travel experiences.”\u003c/em\u003e\u003c/p\u003e\u003cp\u003e\u003cstrong\u003eNicolas Huss\u003c/strong\u003e,\u0026nbsp;\u003cstrong\u003eChief Executive Officer of HBX,\u003c/strong\u003e\u0026nbsp;also shared his thoughts on this milestone moment:\u0026nbsp;\u003cem\u003eToday’s travellers expect a seamless and connected booking experience. With this in mind, we are proud to embark on this strategic partnership with Turkish Airlines to launch Turkish Airlines Holidays. Through this collaboration, passengers can now enhance their journeys by combining flights with our extensive global inventory of accommodations, transfers, car rentals, and experiences—powered by Perfect Stay’s advanced packaging technology—to create the ideal getaway. As a company dedicated to connecting global travel, we are thrilled about this opportunity and eager to shape the future of travel together.\"\u003c/em\u003e\u003c/p\u003e\u003cp\u003eLaunching Turkish Airlines Holidays globally highlights the flag carrier’s commitment to passenger experience. It also promotes Türkiye as a must-visit destination, supporting Turkish Airlines’ goal of showcasing the country and contributing to Turkish tourism on a global scale.\u003c/p\u003e\u003cp\u003e\u003cstrong\u003eExclusive Launch Offer\u003c/strong\u003e\u003c/p\u003e\u003cp\u003eTo celebrate the global launch, Turkish Airlines Holidays is introducing a special promotional campaign. Travellers who book their first holiday package or tour to Türkiye through Turkish Airlines Holidays will receive\u0026nbsp;\u003cstrong\u003eairport lounge access\u003c/strong\u003e. They can also enjoy exclusive\u0026nbsp;\u003cstrong\u003ediscounts of up to £350/€350\u0026nbsp;\u003c/strong\u003ebased\u003cstrong\u003e\u0026nbsp;\u003c/strong\u003eon their total spend during the launch period.\u0026nbsp;\u003c/p\u003e\u003cp\u003e\u003cstrong\u003eA Smarter Way to Travel\u003c/strong\u003e\u003c/p\u003e\u003cp\u003eTurkish Airlines Holidays offers travellers a comprehensive and flexible way to book their dream destinations:\u003c/p\u003e\u003cul\u003e\u003cli\u003e\u003cstrong\u003eHolidays in over 60 countries\u003c/strong\u003e: The most extensive airline holiday brand, offering packages across 200+ destinations from over 60 countries.\u003c/li\u003e\u003cli\u003e\u003cstrong\u003eExclusive flight and hotel advantages\u003c/strong\u003e: Special pricing and bundled packages for better value.\u003c/li\u003e\u003cli\u003e\u003cstrong\u003eBest-price guarantee\u003c/strong\u003e: Competitive and reliable pricing for a worry-free booking experience.\u003c/li\u003e\u003cli\u003e\u003cstrong\u003eTailor-made tours\u003c/strong\u003e: Personalised itineraries catering to unique travel preferences.\u003c/li\u003e\u003cli\u003e\u003cstrong\u003eExpansive service network\u003c/strong\u003e: A selection of over 550,000 hotels and services in 300+ destinations.\u003c/li\u003e\u003cli\u003e\u003cstrong\u003eExtra\u0026nbsp;\u003cem\u003eMiles\u0026amp;Smiles\u003c/em\u003e\u0026nbsp;points\u003c/strong\u003e: The chance to earn additional miles on holiday package bookings and not just on flights.\u003c/li\u003e\u003cli\u003e\u003cstrong\u003eABTA and ATOL guarantee\u003c/strong\u003e: Full financial security and peace of mind for travellers. These certifications ensure that bookings are safeguarded against unexpected situations, changes, or disruptions, providing peace of mind throughout the travel experience.\u003c/li\u003e\u003cli\u003e\u003cstrong\u003eFlexible payment plans\u003c/strong\u003e: Instalment options, making dream vacations more accessible.\u003c/li\u003e\u003cli\u003e\u003cstrong\u003eFree checked-in baggage:\u003c/strong\u003e\u0026nbsp;Complimentary baggage allowance on all holiday bookings.\u003c/li\u003e\u003c/ul\u003e","title":"Turkish Airlines Holidays Expands Globally","slug":"turkish-airlines-holidays-expands-globally","date":"2025-02-26T00:00:00.000Z","company":{"image_url":"/uploads/companies/98/aviator","name":"AVIATOR","id":98},"formatted_date":"26FEB2025"},{"id":56247,"article":"\u003cp\u003eNational, February 26, 2025: IndiGo, India’s preferred airline, has announced another Firm Agreement with Norse Atlantic Airways for Damp lease of three Boeing 787-9 aircraft. These aircraft will be arriving in India in the second half of 2025 and will be serving long-haul routes out of India. This significant milestone affirms IndiGo’s strategic commitment to broadening its global presence and offering its customers a wider range of travel opportunities.\u003c/p\u003e\u003cp\u003eOn February 6, 2025, IndiGo had signed a firm damp lease agreement with Norse Atlantic for one\u0026nbsp;Boeing 787-9, the delivery of which is on-track, and it is scheduled to start operations on airline’s Delhi-Bangkok route from March 1, 2025.\u003c/p\u003e\u003cp\u003eThese additional three (3) damp-leases will bring the total to four (4) and IndiGo and Norse continue to explore opportunities to broaden the cooperation and possibility for contracting more aircraft. \u003c/p\u003e\u003cp\u003ePieter Elbers, CEO, IndiGo, says, “We are delighted to confirm extension of our partnership with Norse Atlantic Airways for damp lease of additional three Boeing 787-9 aircraft. This will help us make strategic inroads and establish the brand in the European market. As we execute our broader strategy to strengthen and extend our international network, we are steadily advancing towards our vision of becoming a global player by 2030, firmly rooted in India and driven by continuous expansion.”\u003c/p\u003e\u003cp\u003eThe initial term of the Agreement is six months, extendable to up to 18 months, subject to regulatory approvals. Both Parties remain committed to explore opportunities to further extend this period, subject to regulatory approvals. IndiGo and Norse will continue exploring opportunities to contract additional aircraft and increase their collaboration further.\u003c/p\u003e\u003cp\u003eIndiGo is consistently expanding its global footprint with an aim to cater to the growing demand for international travel to and from India. The airline is committed to provide an exceptional travel experience to its customers across the domestic and international network. To support and accelerate its long-haul expansion IndiGo has placed a firm order for 30 Airbus 350-900 wide body aircraft with an option for additional 70 aircraft, with deliveries expected to commence from 2027.\u003c/p\u003e","title":"IndiGo Signs Firm Damp Lease agreement for Additional Three Wide-body Aircraft with Norse Atlantic Airways","slug":"indigo-signs-firm-damp-lease-agreement-for-additional-three-wide-body-aircraft-with-norse-atlantic-airways","date":"2025-02-26T00:00:00.000Z","company":{"image_url":"/uploads/companies/98/aviator","name":"AVIATOR","id":98},"formatted_date":"26FEB2025"},{"id":56246,"article":"\u003cul\u003e\u003cli\u003e・ANAHD will place new orders for a total of 77 new aircraft, including 68 confirmed orders and 9 options for small and medium size aircraft.\u003c/li\u003e\u003cli\u003e・ANAHD will order 18 Boeing 787-9 aircraft to expand international routes, an area of future growth.\u003c/li\u003e\u003cli\u003e・Twenty technologically advanced regional jets will be introduced for the first time for domestic routes to flexibly meet supply and demand.\u003c/li\u003e\u003cli\u003e・Three Airbus A321XLR aircraft capable of medium to long-haul operations will be ordered for Peach operations.\u003c/li\u003e\u003c/ul\u003e\u003cp\u003e\u003cstrong\u003eTOKYO, Feb. 25, 2025\u003c/strong\u003e\u0026nbsp;- ANA Holdings, Inc. (President and CEO: Koji Shibata; hereinafter \"ANAHD\") today announced the decision to order 77 aircraft at the board of directors meeting.\u003c/p\u003e\u003cp\u003eIn anticipation of future growth in passenger demand, including strong inbound demand, ANAHD has decided to proactively introduce competitive, technologically advanced aircraft for sustainable growth over the medium to long term. This will be achieved by renewing the fleet that was suspended due to the COVID-19 and placing additional orders for new aircraft. The total number of aircraft in the Group's fleet, including those already ordered and those to be ordered, will be approximately 320 aircraft in FY2030, with approximately 120 Boeing 787 series aircraft. As a result, the ratio of fuel-efficient aircraft will increase to 91%, contributing to environmental measures.\u003c/p\u003e\u003cp\u003eFor ANA-branded international routes, in anticipation of strong Asia-North America demand and the re-expansion of Narita International Airport, ANAHD will order 18 Boeing 787-9 aircraft (with GE engines). We will build a foundation for sustainable growth by aggressively introducing new aircraft to international routes, which is the growth area of our business. Compared to FY2023, available seat kilometers (ASK) on international routes is expected to increase by approximately 1.5 times in FY2030.\u003c/p\u003e\u003cp\u003eFor ANA-branded domestic routes, in order to adapt to future changes in the business environment, ANAHD will order 20, 100-seat class Embraer E190-E2 aircraft (15 confirmed orders and 5 options) for the first time in Japan. By introducing the latest engines and technologies, ANA-brand will achieve low fuel consumption and noise emissions, and will also reduce operating costs in pursuit of a flexible supply-demand balance on domestic routes over the medium to long term. This aircraft is scheduled to be introduced in FY2028.\u003c/p\u003e\u003cp\u003eIn addition to the above, ANAHD will place an order for 14 additional Airbus A321neo aircraft and 12 Boeing 737-8 aircraft (8 confirmed orders and 4 options) to update the current fleets.\u003c/p\u003e\u003cp\u003ePeach will update some of its current fleet with 10 Airbus A321neo aircraft and 3 Airbus A321XLR aircraft, which has superior fuel efficiency and long flight range, to support further growth of the ANA Group.\u003c/p\u003e\u003cp\u003eApart from the above, ANAHD has also finalized options for 5 Boeing 787-9 aircraft, announced on February 25, 2020, and 10 Boeing 737-8 aircraft, announced on January 29, 2019.\u003c/p\u003e\u003cp\u003eWith this aircraft order, ANA Group will promote both the expansion of its international operations and the optimization of supply and demand for domestic flights. We will strive to enhance corporate value by maintaining safety as the foundation of management, improving quality and service from the customer's perspective, and enhance profitability while being conscious of the capital cost to meet the expectations of our shareholders.\u003c/p\u003e\u003cp\u003e\u003cstrong\u003eKoji Shibata, President and CEO of ANA Holdings comment:\u003c/strong\u003e\u003cbr\u003eThis order will be the catalyst for improving the profitability of domestic flights and the expansion of international flights which is an area of future growth of our airline business. We will fully utilize this opportunity in order to become an industry-leading airline with sustainable growth.\u003c/p\u003e\u003cp\u003e\u003cstrong\u003e【Aircraft Specifications】(Catalog information from manufacturer)\u003c/strong\u003e\u003c/p\u003e\u003cfigure class=\"kg-card kg-image-card\"\u003e\u003cimg src=\"https://www.anahd.co.jp/group/en/pr/202502/img/20250225-3-001.png\" class=\"kg-image\" alt=\"\" loading=\"lazy\" width=\"649\" height=\"98\"\u003e\u003c/figure\u003e\u003cfigure class=\"kg-card kg-image-card\"\u003e\u003cimg src=\"https://www.anahd.co.jp/group/en/pr/202502/img/20250225-3-002.png\" class=\"kg-image\" alt=\"\" loading=\"lazy\" width=\"680\" height=\"189\"\u003e\u003c/figure\u003e\u003cfigure class=\"kg-card kg-image-card\"\u003e\u003cimg src=\"https://www.anahd.co.jp/group/en/pr/202502/img/20250225-3-003.png\" class=\"kg-image\" alt=\"\" loading=\"lazy\" width=\"678\" height=\"185\"\u003e\u003c/figure\u003e","title":"ANA HOLDINGS Expands Fleet with Decision to Place Orders for 77 aircraft, Including a Technologically Advanced Regional Jet","slug":"ana-holdings-expands-fleet-with-decision-to-place-orders-for-77-aircraft-including-a-technologically-advanced-regional-jet","date":"2025-02-25T00:00:00.000Z","company":{"image_url":"/uploads/companies/98/aviator","name":"AVIATOR","id":98},"formatted_date":"25FEB2025"},{"id":56250,"article":"\u003cp\u003eAvation PLC (LSE: AVAP), the commercial passenger aircraft leasing company Is pleased to announce that it has entered into an agreement to\u0026nbsp;acquire an Airbus A320 on lease to Etihad Airlines. This secondary market transaction adds a high credit quality airline to Avation's customer list and further enhances Avation's narrow-body aircraft fleet. The acquisition is expected to close in March 2025, subject to the completion of customary conditions precedent. By value more than half of Avation's fleet are narrow-body commercial aircraft.\u003c/p\u003e\u003cp\u003eAvation's Executive Chairman, Jeff Chatfield said: \"We are delighted to announce this Airbus A320 CEO aircraft acquisition today which adds a top-quality operator to Avation's fleet, further improving revenue diversification and the overall credit quality of our portfolio.\u0026nbsp; We also note that, as announced in our half-year results announcement issued earlier today, the average remaining lease term from our fleet has increased to 4.2 years at 31 December 2024.\u0026nbsp; This is the first increase in this metric since the COVID pandemic ended.\"\u003c/p\u003e","title":"Avation PLC: Acquisition Of Airbus A320 Aircraft","slug":"avation-plc-acquisition-of-airbus-a320-aircraft","date":"2025-02-25T00:00:00.000Z","company":{"image_url":"/uploads/companies/98/aviator","name":"AVIATOR","id":98},"formatted_date":"25FEB2025"},{"id":56241,"article":"\u003cul\u003e\u003cli\u003eEngines will power up to 35 aircraft for ANA and its subsidiaries\u003c/li\u003e\u003cli\u003eWill power 13 Airbus A321neo and up to 22 Boeing 737 MAX aircraft\u003c/li\u003e\u003c/ul\u003e\u003cp\u003eCINCINNATI, Ohio – ANA Holdings and CFM International today announced an order for more than 75 LEAP engines, including both installed and spares.\u003c/p\u003e\u003cp\u003eThe group is exercising 10 options from 2022 for 737 MAX aircraft, powered by LEAP-1B engines, to be operated by All Nippon Airways (ANA). The group is also finalizing the purchase of LEAP-1B engines to power an additional 8 firm and 4 option 737 MAX aircraft, which Boeing announced earlier today.\u003c/p\u003e\u003cp\u003eANA Holdings has also selected LEAP-1A engines to power 13 A321neo aircraft to be operated by its subsidiary, Peach Aviation.\u003c/p\u003e\u003cp\u003e“Today we build on [our long] relationship, not only with the efficiency and reliability of CFM LEAP engines, but with confidence in the exceptional support that we’ve come to know from CFM.”\u0026nbsp;\u003c/p\u003e\u003cp\u003eHidekazu Yoshida, Executive Officer and Executive Vice President at ANA Holdings\u003c/p\u003e\u003cp\u003e“ANA has operated CFM56-powered 737 and A320 family aircraft for more than three decades, and Peach Aviation has flown LEAP-powered A320neo aircraft since 2020,” said Hidekazu Yoshida, Executive Officer and Executive Vice President at ANA Holdings. “Today we build on that relationship, not only with the efficiency and reliability of CFM LEAP engines, but with confidence in the exceptional support that we’ve come to know from CFM.”\u003c/p\u003e\u003cp\u003eBased in Tokyo, Japan, ANA began operating CFM56-powered 737 and A320 family aircraft in the 1990s. The airline currently operates 39 Boeing 737-800 and four Airbus A321 powered by CFM56-7B and CFM56-5B engines, respectively. By exercising options for 10 additional Boeing 737 MAX aircraft, ANA will grow its order book from 20 to 30 such aircraft.\u003c/p\u003e\u003cp\u003e“We are honored and humbled by the enduring confidence ANA Holdings has placed in CFM by expanding its LEAP-powered fleet of both Airbus and Boeing aircraft,” said Gaël Méheust, president and CEO of CFM International. “We are more committed than ever to delivering the efficiency, reliability, and world-class support that ANA has come to rely on from CFM.”\u003c/p\u003e\u003cp\u003eCFM LEAP engines have experienced the fastest ramp in commercial aviation history, with nearly 3,800 aircraft delivered in just over eight years. Advanced technologies like composite fan blades and ceramic matrix composites deliver an engine that’s 15 percent more fuel efficient, with 15 percent lower carbon emissions than prior-generation CFM56 engines. Backed by advanced health monitoring systems and an open MRO ecosystem with 36 shops around the world, LEAP engines offer 99.95% departure reliability and enable high asset utilization for narrowbody aircraft.\u003c/p\u003e","title":"ANA Holdings Orders CFM LEAP Engines For 737 MAX And A321neo Fleets","slug":"ana-holdings-orders-cfm-leap-engines-for-737-max-and-a321neo-fleets","date":"2025-02-25T00:00:00.000Z","company":{"image_url":"/uploads/companies/98/aviator","name":"AVIATOR","id":98},"formatted_date":"25FEB2025"},{"id":56244,"article":"\u003cp\u003e\u003cstrong\u003eCINCINNATI — February 25, 2025\u003c/strong\u003e\u0026nbsp;— GE Aerospace (NYSE:GE) announced today\u0026nbsp;that ANA HOLDINGS (ANA) Inc. has committed to purchasing GEnx-1B engines to power its order for additional Boeing 787 Dreamliners.\u003c/p\u003e\u003cp\u003e“GE Aerospace is deeply honored by ANA’s selection of our groundbreaking GEnx engine to power their new 787 Dreamliner aircraft,”\u0026nbsp;said Russell Stokes, President and CEO, Commercial Engines and Services, GE Aerospace. “ANA first ordered the GEnx engine in 2020. This deal is testament to the engine’s performance and our successful relationship.” \u0026nbsp;\u003c/p\u003e\u003cp\u003eSince its introduction in 2011, the\u0026nbsp;GEnx\u0026nbsp;engine family has accumulated over 62 million flight hours. It stands as GE Aerospace’s fastest-selling, high-thrust engine to date, with more than 3,000 engines currently in service and backlog, including spare units. \u003c/p\u003e\u003cp\u003e“ANAHD\u0026nbsp;is pleased to add more GEnx-1B powered fleets to ANA Group Airlines,” said Koji Shibata, President and CEO, ANA Holdings Inc.\u0026nbsp;“We are confident these new engines will\u0026nbsp;continue this outstanding performance and\u0026nbsp;contribute to our growth.”\u003c/p\u003e\u003cp\u003eThe GEnx engine powers two-thirds of all 787 aircraft currently in operation. Engineered with cutting-edge materials and advanced design techniques, the\u0026nbsp;GEnx\u0026nbsp;represents a significant advancement in propulsion technology.\u0026nbsp;\u003c/p\u003e\u003cp\u003eLike all GE Aerospace engines, the\u0026nbsp;GEnx\u0026nbsp;can operate on approved Sustainable Aviation Fuel (SAF) blends.\u0026nbsp;With reduced weight, enhanced performance, and decreased maintenance requirements, the GEnx engine has become a leader in long-distance flights. \u0026nbsp;\u0026nbsp;\u003c/p\u003e\u003cp\u003eANA has an extensive fleet of GE Aerospace and CFM-powered aircraft. In addition to GEnx, ANA operates GE90, CF6 and CFM International*’s CFM56 and LEAP-1A engines. The airline has an order for the GE9X engine to power its Boeing 777X\u0026nbsp;and LEAP-1B engines to power its Boeing 737Max.\u003c/p\u003e\u003cp\u003e\u003cem\u003e*CFM is a 50/50 joint venture between GE Aerospace and Safran Aircraft Engines\u003c/em\u003e \u0026nbsp;\u003c/p\u003e","title":"ANA HOLDINGS Selects GEnx Engines to Power New 787 Dreamliners","slug":"ana-holdings-selects-genx-engines-to-power-new-787-dreamliners","date":"2025-02-25T00:00:00.000Z","company":{"image_url":"/uploads/companies/98/aviator","name":"AVIATOR","id":98},"formatted_date":"25FEB2025"}],"meta":{"total_count":54793,"current_page":1,"total_pages":1096}}