The International Air Transport Association (IATA) reported an 8.1% year-on-year increase in global passenger demand, measured in revenue passenger kilometers (RPK), for November 2024. Capacity, assessed in available seat kilometers (ASK), grew by 5.7%, while the load factor reached 83.4%, a record high for the month of November and 1.9 percentage points above the same month in 2023.The organization highlighted that international passenger demand rose by 11.6%, with capacity increasing by 8.6%. European carriers achieved the highest load factor (85%), while Asia-Pacific airlines recorded the largest demand growth at 19.9%.Domestic markets saw a 3.1% increase in RPK compared to November 2023, while capacity grew by 1.5%. This resulted in a load factor of 83.5%, up 1.2 percentage points. However, the U.S. domestic market contracted by 2.7%, continuing a downward trend since June 2024. This decline is attributed to reduced activity by low-cost carriers, while mainline operators experienced growth.“November was another month of strong growth in the demand for air travel with an overall expansion of 8.1%. The month was also another reminder of the supply chain issues that are preventing airlines from getting the aircraft they need to meet growing demand. Capacity growth is lagging demand by 2.4 ppts and load factors are at record levels," said Willie Walsh, IATA’s Director General.“Airlines are missing out on opportunities to better serve customers, modernize their products and improve their environmental performance because aircraft are not being delivered on time. The 2025 New Year’s resolution for the aerospace manufacturing sector must be finding a fast and durable solution for their supply chain issues,” he added.<h3>Regional Performance</h3>Asia-Pacific airlines led the global growth with a 14% increase in RPK, supported by a 9% capacity expansion and a load factor of 84.9%. This region also demonstrated robust international growth of 19.9%, with capacity rising by 16.2% and a load factor increase of 2.6 percentage points.European airlines recorded an 8.3% increase in overall demand, accompanied by a 6.1% rise in capacity. The load factor reached 85.3%, underscoring the region’s high efficiency in matching supply with demand.African carriers experienced a 10.9% rise in RPK, with a 6% increase in capacity. The load factor improved by 4.1 percentage points to 73.3%, showing significant progress in regional connectivity.In the Middle East, demand grew by 8.9%, while capacity expanded by 4.1%. The load factor reached 81.2%, marking a 3.6 percentage point improvement compared to November 2023.Latin American airlines achieved a 7% increase in RPK, with capacity growing by 6.6%. The load factor stood at 84.5%, reflecting strong demand across the region.North America reported a 0.7% decline in total demand, with capacity increasing by 1%. The load factor fell slightly to 81%, highlighting the ongoing challenges in the U.S. domestic market.<h3>Domestic Market Highlights</h3>India led domestic market growth with a 13.3% increase in RPK and the highest load factor among analyzed markets at 89.5%. China followed with a 10.5% rise in demand and a capacity increase of 2.6%. Brazil also demonstrated strong growth, with a 9.6% rise in RPK and a load factor of 85.2%.According to IATA, the global aviation market continues its steady recovery, driven by increased international demand. However, the association emphasized the need for improved supply chain efficiencies to support airlines in meeting rising passenger numbers and modernizing fleets.<figure class="image"><img src="https://aviacionlinecdn.eleco.com.ar/media/2025/01/reporte_iata_noviembre_2024.jpg" alt="Reporte IATA - Noviembre 2024"></figure>See full report: <a href="https://go.updates.iata.org/e/123902/market-analysis-november-2024-/j4479q/1733077506/h/97SQyKza1uaocfWqlFhdwtBjZsW-LidSt7K70BjJiVg">IATA Passenger Market Analysis - Novembrer 2024</a>

Global Traffic Grows, but Airlines Face Missed Opportunities Amid Manufacturer Delays

The low-cost carrier easyJet and its subsidiary easyJet holidays today unveiled the results of their annual report on British consumer travel trends, based on a survey of 2,000 British tourists. The "Great British Holiday Audit" highlights key trends, destinations, and priorities shaping the travel landscape for the coming year.<h2>Key Findings</h2>Travel Frequency and Spending: On average, Brits plan to take three holidays in 2025, spending approximately £3,000 on their main trip. Additionally, 35% of respondents indicated they will increase their travel budget compared to last year.Emerging Destinations: Countries such as Montenegro, Cape Verde, and Slovenia are gaining popularity among tourists seeking alternatives to traditional European destinations. Budget-friendly options like Turkey and Tunisia are also attracting those looking for luxury at accessible prices.Popular Holiday Types: Beach getaways remain the top choice for 61% of respondents, followed by city breaks (47%) and trips focused on nature, such as viewing phenomena like the Northern Lights.Advance Planning: Nearly half of the participants plan their holidays up to 18 months in advance to secure the best deals.<h3>15 Travel Trends for 2025</h3>The report also identifies several emerging travel behaviors:<ol><li>Low-Cost Luxe: Travelers seek luxury experiences at reduced costs by choosing high-value destinations with 5-star quality.</li><li>AI-tinerary Planning: Using AI tools to create highly personalized travel itineraries, saving research time.</li><li>Country Ticking: Inspired by apps like been, travelers aim to explore new destinations and increase their country count for bragging rights.</li><li>Holiday Hopping: Tourists maximize their trips by visiting multiple destinations in one region, such as flying into Rome and out of Pisa to explore Tuscany.</li><li>Self-Care Journeys: Travel for relaxation and mental well-being through activities like hiking, forest bathing, or spa retreats.</li><li>Small City Seeker: Opting for smaller, less crowded cities for unique experiences, such as Girona instead of Barcelona or Rimini instead of Rome.</li><li>Multi-Generational Holidays: Family trips now include grandparents and extend into adulthood, with shared experiences across generations.</li><li>More Adventure Maxing: Using fewer annual leave days for short 2-3 day trips across Europe to see more destinations.</li><li>Jetflix and Chill: Planning trips inspired by TV shows and movies, from crime documentaries to culinary adventures.</li><li>Nostalgia Traveling: Revisiting childhood destinations to reconnect with cherished memories.</li><li>Trailblazer Travel: Choosing lesser-explored destinations with stunning landscapes and affordable prices, such as Georgia, Slovenia, and Montenegro.</li><li>Gourmet Getaways: Exploring destinations influenced by viral food trends and unique culinary experiences.</li><li>Acti-vacation: Centering holidays around sporting events like marathons or cycling races in Europe.</li><li>Month-long Escapes: Retirees or those with flexible schedules opting for month-long stays abroad to escape unfavorable weather.</li><li>Musical Missions: Planning holidays around music tours or international festivals, combining concerts with travel.</li></ol><figure class="image"><img src="https://aviacionlinecdn.eleco.com.ar/media/2025/01/easyjet_tendencias_de_viaje_2025.jpg" alt="Easyjet - Tendencias de viaje 2025"></figure>Family holidays continue to evolve, with 30% of families planning multi-generational trips in 2025. Additionally, 80% of these vacations aim to cater to all age groups involved."2025 will mark 30 years since easyJet came onto the scene to democratize travel, and since then, we’ve witnessed significant changes in how people enjoy their holidays," said Kenton Jarvis, CEO of easyJet.The report also reflects a strong desire for exploration among British travelers, with 82% prioritizing visits to new destinations. Trends like "Musical Missions" and "Nostalgia Traveling" highlight a growing interest in unique experiences that combine personal passions with the opportunity to discover the world.

From AI Itineraries to Musical Missions: EasyJet Unveils 2025 British Travel Trends

The European Union Aviation Safety Agency (EASA) has issued a new <a href="https://www.easa.europa.eu/en/domains/air-operations/czibs/2025-01">Conflict Zone Information Bulletin (CZIB) concerning Russian airspace</a>, expanding its safety recommendations for flights due to the ongoing conflict in Ukraine. The update replaces previous guidance (CZIB 2022-01R10) and advises against operations within Russian airspace west of longitude 60° East at all flight levels. This guidance applies to all EU airlines and third-country carriers holding EASA safety authorization.The recommendation is effective until July 31, 2025, with the possibility of earlier revisions depending on updates to the safety and security assessment. EASA stated that it will closely monitor developments in coordination with the European Commission to evaluate risks for airlines operating to or from the European Union.Although no EU airlines currently operate flights in or over Russian airspace, EASA highlighted that some third-country carriers continue to use these routes despite conflict-related risks.EASA’s directive aligns with the EU Conflict Zone Alerting System, established after the MH17 incident in 2014 to improve risk assessment and ensure coordinated safety measures across the bloc. Since its launch in 2016, the system has facilitated intelligence sharing among EU Member States, EASA, and aviation stakeholders, issuing timely recommendations to address conflict zone risks.“The primary objective is to consolidate available information and provide a common European perspective on risks for operators and passengers,” the agency states. The system also facilitates cooperation among Member States, EU institutions, and aviation sector stakeholders.The update to these recommendations addresses the need to continuously assess risks associated with Russian airspace in the context of the conflict in Ukraine, providing guidelines aimed at minimizing potential threats to operators and passengers.

EASA Updates Safety Guidance on Russian Airspace

STARLUX Airlines, based in Taiwan, announced the firm order of five additional Airbus A350F cargo aircraft, doubling its initial 2024 order. This expansion aims to strengthen its operational capacity on major global cargo routes.The A350F can carry up to 111 tons of cargo with a range of 8,700 kilometers. It is equipped with Rolls-Royce Trent XWB-97 engines and promises up to a 40% reduction in fuel consumption and emissions compared to older models. Additionally, according to Airbus, it incorporates advanced materials into its structure, reducing its takeoff weight by 46 tons compared to other aircraft in its class.The model also complies with ICAO’s CO₂ emissions standards set to take effect in 2027, positioning it as a relevant option amid increasing environmental regulations in the aviation industry.With this order, STARLUX Airlines continues to expand its Airbus fleet, which currently includes 26 aircraft: A321neo (13 in service and 6 pending delivery), A330neo (5 in service and 5 pending delivery), and A350-900 (8 in service and 2 pending delivery). According to STARLUX, the A350F will be deployed on the busiest cargo routes. The company has also ordered 8 A350-1000 aircraft.“The cargo market is set to become a key element in our business model and will benefit from the advantages offered by Taiwan’s geographical location,” said STARLUX CEO Glenn Chai. “The A350F is the perfect choice for STARLUX, offering a similar payload-range capability as previous generation freighters, but with very significant reductions in fuel consumption and carbon emissions.”Benoît de Saint-Exupéry, Executive Vice President of Commercial Aircraft Sales at Airbus, stated that “The A350F will fit seamlessly into the carrier’s latest generation all-Airbus fleet which offers unrivalled levels of technical and operational commonality. This second order from this fast-growing airline is another endorsement of the all-new A350F as the future game-changer in heavy lift markets."The A350F has already garnered 55 orders from 10 cargo operators:The A350F has already secured 60 orders from 10 cargo operators:<ul><li>Cathay Pacific: 6 (plus LOI to Option for an additional 20)</li><li>Air Lease Corporation: 7</li><li>CMA CGM Air Cargo: 8</li><li>Singapore Airlines: 7 (plus 5 options)</li><li>Air France: 4 (plus LOI to Optionor 4 more)</li><li>Silk Way West Airlines: 2</li><li>Etihad Airways: 7</li><li>Martinair: 4</li><li>Turkish Airlines: 5 (plus &nbsp;LOI to Option for an additional 5)</li><li>STARLUX: 10</li></ul>

STARLUX Airlines Doubles Airbus A350F Order

Delta Air Lines and Thales have announced the launch of Delta Sync, a next-generation inflight entertainment (IFE) system powered by FlytEDGE technology. Presented at CES 2025 during Delta’s centennial celebration, the system is described by Thales as the first fully cloud-native IFE platform, designed to elevate the passenger experience.The FlytEDGE system features cutting-edge hardware and software, including 4K QLED HDR displays capable of rendering over one billion colors, Bluetooth connectivity for wireless devices, and an onboard data center with 96TB of storage. These technologies enable high-quality content delivery and instant streaming for passengers.According to Delta, the system includes a recommendation engine that customizes content based on passenger preferences. It also offers tools such as a seatback announcement translator, allowing critical flight information to be displayed in multiple languages, enhancing accessibility for passengers with hearing impairments.<h3>New Features and Future Enhancements</h3>Among its standout features, the system integrates an "Arrival Mode" that syncs with Delta’s Fly Delta app to provide essential travel details, such as connecting flight information or ground transportation options. Additionally, passengers can activate a “Do Not Disturb” mode, granting them greater control over their onboard experience.Future enhancements planned by Delta and Thales include guided wellness features and expanded customization options for inflight dining, aiming to create an even more personalized journey.Thales highlights that FlytEDGE allows real-time updates to both the interface and content, which can be deployed fleet-wide or to specific aircraft as needed. Its cloud-based architecture supports seamless integration with digital partners, enabling airlines to quickly implement new services.“FlytEDGE offers advanced capabilities that provide airlines with endless opportunities to create memorable and personalized journeys, fully integrated with their CRM and ground-based services,” said Yannick Assouad, Executive Vice-President of Avionics at Thales.Ranjan Goswami, Delta’s Senior Vice President of Customer Experience Design, emphasized the airline’s commitment to staying ahead of passenger expectations. “Our customers expect an intuitive, contextual, and seamless travel experience that supports and guides them with confidence. Delta is committed to continuously evolving our industry-leading digital experiences.”

Delta and Thales Unveil Next-Generation Cloud-Based Inflight Entertainment System

The airline Gallop Air, based in Brunei, conducted its first flights in December 2024 under limited conditions. Without its own aircraft or an Air Operator Certificate (AOC), the company was forced to hire the services of China Southern Airlines to begin operations.The company made headlines in September 2023 when it announced the purchase of 30 Comac C909 aircraft in a deal valued at $2 billion. This order was the first from an airline outside China for this model, a smaller version of the ARJ21, with a capacity of 90 passengers.The inaugural flight took place on December 31, 2024, connecting Guangzhou, China, with Darussalam, Brunei. However, it was not directly operated by Gallop Air but by China Southern Airlines, using a newly delivered Comac C909. This reliance on a third party continued on January 4 with a second charter flight operated under the same conditions, <a href="https://aeroin.net/nova-aerea-inicia-voos-de-forma-capenga-com-aviao-chines-emprestado-e-sem-licenca-propria/">according to our media partner Aeroin</a>.Gallop Air presented itself as an ambitious endeavor to establish a strong presence in the Southeast Asian market, aiming to become the preferred airline in Brunei, Indonesia, Malaysia, and the Philippines. However, delays in aircraft deliveries and the lack of certification have raised doubts about its ability to meet its goals in a highly competitive environment.The Comac C909, known as the ARJ21 until September 2024, is a regional aircraft designed for short and medium-haul flights. Its first commercial flight occurred in 2016, and it has been adopted by several airlines as a cost-effective option for local markets.Gallop Air is the second airline in Brunei, following Royal Brunei Airlines, and seeks to strengthen the nation's connectivity as part of China’s Belt and Road Initiative. This strategy aims to enhance trade and infrastructure networks between China and over 100 countries.

Paper-thin: An airline in Brunei begins operations with a borrowed plane and no AOC

<a href="www.avianca.com">Avianca</a> launched the sale of three new routes connecting Central America and Colombia with the state of Florida, in the United States. This strategic move includes the addition of Tampa (TPA) as the airline's fourth destination in the state, alongside Miami (MIA), Fort Lauderdale (FLL), and Orlando (MCO).The new connections will begin operating in 2025, expanding options for passengers traveling between Latin America and the United States. The routes announced last month are:Fort Lauderdale (FLL):<ul style="list-style-type:disc;"><li>Medellín/Rionegro (MDE)</li><li>Managua (MGA)</li></ul>Miami (MIA):<ul><li>San José (SJO)</li><li>Guatemala City (GUA)</li></ul>Tampa (TPA):<ul><li>Bogotá (BOG)</li></ul>The routes available for purchase starting today are Bogotá-Tampa, Medellín-Fort Lauderdale, and San José (Costa Rica)-Miami.Each of these routes will use Airbus A320 aircraft, with a capacity of 180 passengers. The Tampa route will connect with Bogotá and, from there, to 25 domestic destinations and 16 in South America, including Argentina, Brazil, Chile, Ecuador, and Peru.With Avianca's addition, Tampa now hosts three Latin American airlines, joining Copa Airlines and Aeroméxico. Additionally, the city maintains connections with other destinations in the Caribbean and Mexico through airlines such as JetBlue, Southwest, and Bahamasair."After 2024 in which we consolidated the most extensive network in our history and transported the highest number of passengers in our 105 years, we are very excited to continue strengthening connectivity from Bogotá, Medellín, and San José to the United States, and to be very close to inaugurating a new destination: Tampa. We will continue working with authorities, airports, and partners to ensure the success of these routes," said David Alemán, Avianca's Sales Director for Colombia and South America.<figure class="image"><img src="https://aviacionlinecdn.eleco.com.ar/media/2025/01/schedule_avianca_new_rutes.png" alt="Schedule Avianca new rutes"></figure>

Avianca opens three new flights to the United States

On January 5, Teniente Benjamín Matienzo International Airport, serving San Miguel de Tucumán (TUC), resumed international flights by connecting with Punta Cana (PUJ), Dominican Republic.Flight AR 1338 departed at 4:54 PM with 128 passengers on board a Boeing 737 MAX 8 with 170 seats, divided into 8 seats in Club Cóndor and 162 in Economy. On the return leg, flight AR 1339, operated by the same Boeing 737 MAX 8, landed in Tucumán on January 6 with 75 passengers.The new route will offer a total of 17,680 seats in 2025.<ul><li>Tucumán – Punta Cana flight AR 1338 TUC 4:15 PM · 10:30 PM PUJ / Sunday.</li><li>Punta Cana – Tucumán flight AR 1339 PUJ 11:45 PM · 8:15 AM (+1) TUC / Sunday.</li></ul> In November, it was announced that <a href="https://www.aviacionline.com/new-year-round-flights-from-tucuman-and-rosario-to-punta-cana-by-aerolineas-argentinas">Aerolíneas Argentinas would maintain the flights year-round</a>, taking advantage of the high demand for the Dominican Republic.According to the Dominican Republic's Ministry of Tourism, between January and October 2024, the country received 191,068 Argentine tourists, 27% of whom used connecting flights operated by airlines such as Copa, Avianca, SKY, or LATAM.This new service marks the recovery of international flights in Tucumán, which lost its direct connection to Lima with LATAM in March 2020 due to the outbreak of the pandemic. In 2018, the airport also had services to São Paulo and Santiago de Chile with the same airline.

Aerolíneas Argentinas began flying to the Caribbean from Tucumán

<a href="www.aeroitalia.com">Aeroitalia</a> continues to expand its fleet to strengthen its presence in the domestic and international markets. The carrier fleet is composed of a combination of aircraft designed to meet different operational needs:Boeing 737-800 (9 units): These aircraft, with a capacity for 189 passengers, operate on short- and medium-haul routes, covering domestic and international destinations. Boeing 737-400 (2 units): Used by Aeroitalia Regional, these aircraft provide services on more specific routes with lower demand. Airbus A319-100 (1 unit): Operated in collaboration with Fly Air41 Airways, this model is assigned to selected international routes. ATR 72-600 (2 units): These aircraft, with a capacity for 68 passengers, are designed for short-distance flights, particularly at small airports. Embraer E175 (1 unit): This aircraft, leased from Marathon Airlines, was recently added and operates key routes such as Comiso-Perugia and Comiso-Rome. With a capacity for 88 passengers, it enhances regional connectivity within Italy.The diversification of the fleet allows Aeroitalia to operate routes from secondary airports, connecting Italian cities such as Bologna, Cuneo, Parma, and Lamezia Terme.<h3>Regional strategy for 2025</h3>According to information provided by our media partner <a href="https://aeroin.net/aparece-o-primeiro-embraer-e175-nas-cores-da-aeroitalia-que-vai-reforcar-rotas-no-verao-europeu/">Aeroin </a>regarding the incorporation of the Embraer E175, which will operate between March 30 and October 25, 2025, Aeroitalia will focus its operations on domestic routes, increasing frequencies on routes such as Rome Fiumicino-Lamezia Terme (24 weekly flights) and Milan Bergamo-Palermo (1 daily flight).The airline will also operate connections from Comiso and Trapani to destinations such as Florence, Parma, and Cuneo, with two weekly flights on each route.

Aeroitalia expands its fleet with an Embraer E175 and strengthens regional routes

The International Civil Aviation Organization (ICAO) is investigating a potential security breach after a threat actor on a dark web forum claimed to have leaked sensitive data from the organization. According to the post, the alleged breach involves 42,000 documents containing personal and professional information, including names, dates of birth, addresses, phone numbers, email addresses, and details about education and employment.In response to the allegations, ICAO issued a statement emphasizing that it is taking the matter "very seriously" and has implemented immediate security measures while conducting a thorough investigation. "Further information will be provided once our preliminary investigation is complete," the organization stated.The alleged attacker, known for targeting international organizations, has not disclosed how the data was obtained or confirmed its authenticity. However, if verified, the breach could pose significant risks to ICAO and individuals whose data may have been compromised.As a United Nations agency responsible for setting standards in international civil aviation, ICAO joins a growing list of global organizations targeted by cyberattacks in recent years.&nbsp;

ICAO Investigates Potential Security Incident Following Alleged Data Leak

Justin Trudeau, Prime Minister of Canada since 2015, announced his resignation as leader of the Liberal Party. During his tenure, he made key decisions that shaped the country's aerospace industry but also faced criticism for the outcomes of some of these measures.In 2017, Trudeau granted interest-free loans totaling $372.5 million to Bombardier to support programs like the CSeries, an ambitious project aimed at competing in the global market. However, financial difficulties led the company to sell the program to Airbus in 2018.The CSeries became the Airbus A220, which now operates successfully worldwide, but the strategic control of this key project left Canadian hands, sparking criticism over the use of public funds for a benefit that ultimately went to foreign entities.In the realm of military aviation, Trudeau faced a complicated process to replace the aging CF-18s. After years of delays and evaluations, his government approved the purchase of 88 F-35A fighter jets from Lockheed Martin in 2022.Although this decision modernizes Canada’s air capabilities, it was controversial due to its high cost—estimated at $19 billion—and for reversing an initial stance of the Liberal Party, which had previously criticized the F-35 acquisition during election campaigns.Globally, Trudeau strengthened Canada’s position in civil aviation by maintaining its commitment to the International Civil Aviation Organization (ICAO), headquartered in Montreal. He participated in international initiatives to improve sustainability and safety in the sector, solidifying Canadian influence on these issues.

Justin Trudeau resigns: highs and lows of Canada's aerospace industry during his tenure

<a href="www.voeazul.com.br">Azul Linhas Aéreas Brasileiras</a> expands its route network and consolidates its position in the global market thanks to a series of strategic alliances with key players in the aviation industry.<a href="https://aeroin.net/azul-e-euroatlantic-vao-operar-juntas-os-voos-entre-sao-paulo-e-lisboa-com-possibilidade-de-ter-mais-avioes/">According to information provided by our media partner Aeroin</a>, on January 6, 2025, euroAtlantic announced the signing of a strategic agreement with Azul to meet the growing demand for flights between Brazil and Portugal.The two companies will cooperate to connect Viracopos Airport in São Paulo with Humberto Delgado Airport in Lisbon. With operations launched in December 2024, the partnership includes long-haul aircraft in service and the possibility of increasing the fleet in 2025 if demand continues to rise.According to Stewart Higginson, CEO of euroAtlantic Airways, this collaboration represents a key bridge between the two countries. "We are excited to offer the quality and safety that Azul passengers expect while strengthening cultural and commercial ties between Brazil and Portugal," he highlighted.Expansion of global connectivity In addition to the partnership with euroAtlantic, Azul is forging significant alliances that strengthen its international presence:United Airlines: Since 2015, United has held a 5% stake in Azul, facilitating route sharing through codeshare agreements and improving connectivity between Brazil and the United States.ITA Airways: The agreement signed in 2022 allows passengers to travel easily between Brazil and Italy, connecting the destinations of both airlines.Emirates: The partnership, in effect since 2021, expands options for passengers traveling between Brazil, the Middle East, and over 150 destinations served by Emirates.Euroairlines Group: In 2024, Azul partnered with this Spanish group to expand its global network through interline agreements, enabling its passengers to access over 160 international routes.In the domestic market, Azul and GOL Linhas Aéreas signed a codeshare agreement in 2024 covering complementary routes within Brazil. This agreement enhances domestic connectivity, maximizes passenger options, and strengthens the position of both airlines in the competitive Brazilian market.<figure class="image"><img src="https://aviacionlinecdn.eleco.com.ar/media/2023/09/Euroatlantic.jpg" alt="Euroatlantic Boeing 777-200ER"><figcaption>Euroatlantic Boeing 777-200ER</figcaption></figure>

Azul and euroAtlantic partner for flight operations between São Paulo and Lisbon

<a href="https://www.aercap.com/">AerCap Holdings N.V</a>. reported that during 2024, it executed 812 asset-related transactions, including purchases, sales, and leasing agreements. According to the company, it also completed financings totaling approximately $17.5 billion during the same period.2024 Annual ResultsAccording to AerCap, 496 leasing agreements were signed, 150 acquisitions were completed, and 166 asset sales were finalized. Among the acquisitions were aircraft from leading manufacturers, engines, and helicopters added to the company’s owned and managed fleet.In financial terms, AerCap stated that it executed financing transactions of $17.5 billion and allocated $1.5 billion to repurchase approximately 16.8 million shares at an average price of $87.80 per share.You may also like <a href="https://www.aviacionline.com/taag-angola-airlines-orders-four-boeing-787-9">TAAG Angola signs agreement with AerCap to receive its first Boeing 787-9</a>Q4 2024 OperationsDuring the last three months, AerCap completed 92 leasing agreements, including 14 wide-body aircraft, 14 narrow-body aircraft, 33 engines, and 31 helicopters. Additionally, it acquired 27 aircraft, including 4 Airbus A220s, 12 A320neos, 3 A330neos, one Boeing 737 MAX, one Boeing 787-9, and 6 Embraer E195-E2s, along with 10 engines and 4 helicopters.In terms of sales, the company carried out 55 transactions, covering 26 aircraft, 25 engines, and 4 helicopters. According to the report, these operations included aircraft such as the Airbus A320, Boeing 737NG, and Embraer E190, among others.In the fourth quarter, AerCap also executed $1.8 billion in financing transactions, repurchased 3.1 million shares for a total of $297 million, and paid a quarterly cash dividend of $0.25 per common share.AerCap is headquartered in Dublin and operates offices in strategic cities such as Miami, Singapore, Amsterdam, and Shanghai, among others.

Aircraft, Engines, and Helicopters: The Numbers Behind AerCap in 2024

Around 20 airlines ceased operations in 2024 for various reasons. It was a challenging year for the industry; inflation, rising operating costs, and geopolitical tensions disrupted the dynamics of the aviation market in many cases. Additionally, financial difficulties for some companies, intense competition, and shifts in passenger demand exacerbated the situation.Aerial restrictions stemming from diplomatic crises and armed conflicts, mainly in the Middle East, Africa, Ukraine, and Russia, added to the challenges.According to the International Air Transport Association (IATA), severe supply chain problems—which will continue to impact airlines' performance in 2025—were also a critical factor in understanding why companies ceased operations.<h3>Some of the airlines no longer operating</h3>Albawings, ceased operations on January 12. The airline, founded in 2015, disappeared at a peak moment for Albania's tourism industry. However, intense competition from the establishment of bases by Wizz Air, Ryanair, and the creation of a state-private airline, Air Albania, suffocated Albawings.LIAT (1974) Ltd., stopped operations on January 24. After several unsuccessful attempts to revive it, including a complete restructuring, it finally stopped flying. Under new ownership, it was resurrected as LIAT20, with participation from the government of Antigua and Barbuda and Nigeria-based Air Peace.Fly Arna, suspended flights on January 29. The company was a joint venture between Air Arabia and an Armenian state consortium. The airline cited “operational reasons” for its closure. A combination of intense competition with FlyOne and Wizz Air, along with regional instability involving Azerbaijan, ended the low-cost carrier’s two years of operations.Lynx Air, ended flights on February 25. Another low-cost carrier that succumbed to intense competition was the Canadian airline backed by Indigo Partners. Due to national laws, Indigo Partners held a minimal stake, with most shareholders being local. Lynx Air planned to operate up to 50 Boeing 737 MAX 8 aircraft and had received eight of them.<figure class="image"><img src="https://aviacionlinecdn.eleco.com.ar/media/2024/01/Lynx-Air.jpg" alt="Lynx Air"></figure>HumoAir, ceased flying on March 11. As part of Uzbekistan's government incentives, several airlines were founded between 2019 and 2024, including HumoAir. The low-cost airline lasted only three months due to high competition and the lack of its own aircraft.Air Malta, ceased operations on March 30. Air Malta followed the precedent set by Alitalia. After 50 years of continuous operations, it declared bankruptcy and re-emerged as KM Malta Airlines. The new Maltese airline began flying the very next day.Taos Air, stopped flying on April 1. This boutique airline based in the Taos ski resort, New Mexico, was one of the few operators of the Dornier 328JET. Financial recovery after COVID-19-related restrictions proved impossible.iAero Airways, ceased operations on April 6. Known as the largest charter company in the U.S., it declared bankruptcy in September 2023. Unable to secure new investors during its restructuring process, the airline ceased operations in April, grounding around 40 Boeing 737s.Bestfly Cabo Verde, stopped flying on April 24. Its licenses were revoked after operational issues. The airline operated domestic flights across seven airports in Cape Verde using ATR 72 aircraft.Bonza, ceased operations on April 30. Bonza, a sister airline to Canada’s Flair Airlines and part of 777 Partners, began operations in 2023, aiming to connect cities without competition from Qantas and Virgin Australia. However, it encroached on the market of REX, Australia’s leading regional airline. Poor management and overcapacity led to the low-cost carrier's failure.<figure class="image"><img src="https://aviacionlinecdn.eleco.com.ar/media/2023/09/318499253_198495702681627_2506850514147233250_n.jpg" alt="Bonza – Boeing 737 MAX"><figcaption>Foto: Bonza</figcaption></figure>Bluebird Nordic, ceased operations on April 30. One of Europe’s leading cargo companies, operating around 20 Boeing 737s, declared that low post-pandemic demand hurt its finances.JetAir Caribbean, ceased operations on June 18. As the only jet-equipped airline based in Aruba, Curaçao, and Bonaire, it faced issues with its second Fokker 70, which was grounded due to engine problems. Attempts to acquire ATR aircraft to reduce costs failed.Tailwind Air, stopped flying on August 2. Due to profitability challenges and low load factors, the company could not sustain itself. It operated seaplanes from New York's East River to various East Coast destinations and has since pivoted to charter services.Canada Jetlines, ceased operations on August 15. The airline shut down after failing to secure funding. Overcapacity in the market also played a role, especially in its focus on Caribbean and U.S. vacation destinations.Eagle Air, ceased operations on August 16. After 54 years, the airline's AOC was revoked. In October, it declared bankruptcy and was absorbed by Iceland's Myflug Air, which had acquired Eagle Air in 2023.Lanmei Airlines, suspended flights in August. The company had been reducing its operations throughout 2024, returning its last Airbus to the lessor in August. This coincided with AirAsia's entry into the Cambodian market.OTT Airlines, ceased operations on September 22. Founded in 2020 as a subsidiary of China Eastern, it operated Chinese-made aircraft, the COMAC C909 and C919. Its fleet was transferred to China Eastern.Olympus Airways, stopped flying on September 23. The Greek charter and ACMI operator declared bankruptcy in late September, grounding its fleet just as the summer season ended.AIX Connect/air asia India, stopped flying on October 1. The low-cost carrier completed its merger with Air India Express, transferring all its Airbus A320 aircraft. Earlier, it had ceased to be part of the AirAsia group.FlyEgypt, ceased operations on October 21. Financial problems forced this low-cost charter airline to stop flying after a decade of operations. It operated a fleet of Boeing 737-800s.Czech Airlines (CSA), ceased operations on October 26. Burdened by financial troubles and intense competition, the historic airline, which celebrated its centenary just a year prior, ceased operations. It was restructured into a holding company, with its majority shareholder, Smartwings, operating under the CSA brand.WestJet Link, ceased operations on October 27. The company flew Pacific Coastal Airlines' Saab 340 aircraft. Following a reorganization, flights were transferred to WestJet Encore, WestJet's regional subsidiary operating DHC 8-400s.Vistara, ceased operations on November 12. Founded in 2015 by Singapore Airlines and Tata Sons, Vistara aimed to offer a premium option in India. After Tata Sons acquired Air India, Vistara merged with it, transferring its fleet of 70 Airbus A320neo, A321LR, and Boeing 787-9 aircraft to Air India.<figure class="image"><img src="https://aviacionlinecdn.eleco.com.ar/media/2020/07/Vistara-A321neo.jpg" alt="Vistara A321neo"></figure>Nordica, ceased operations on November 20. Estonia’s state-owned airline, Nordic Aviation Group, announced the cessation of operations and filed for bankruptcy for both Nordic Aviation Group AS and Regional Jet OÜ (Xfly). Initially established to replace Estonian Air when it closed in 2015, Nordica later shifted to charter, wet-leasing, and ACMI markets.

Around 20 airlines ceased operations in 2024

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El Al suspends all its flights to Russia indefinitely due to irregularities and “events” in Russian airspace. The company is expected to evaluate the situation over the coming week to decide whether to resume its connection with Moscow or not.
The measure taken by the Israeli flag carrier is linked to the recent accident in Kazakhstan, where an Azerbaijan Airlines Embraer E190 crashed near Aktau Airport. The incident resulted in 38 fatalities, including crew members, and 29 survivors with injuries of varying severity.
So far, the leading hypothesis regarding the J2 8243 flight is that it was shot down by a missile with a proximity fuse, which struck the rear control surfaces, causing the aircraft to lose control. This was confirmed early this morning by the Azerbaijani government in a preliminary report, which suspects the projectile might be of Russian origin.
<a href="https://www.elal.com" target="_blank" rel="noopener">El Al </a>operates five weekly flights between Tel Aviv (TLV) and Domodedovo International Airport (DME) in Russia&#8217;s capital. The route is serviced with a Boeing 737-900ER on a daily basis from Monday to Friday. The company will notify its passengers about the status of their flights to allow them to reschedule or cancel their trips.

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Qantas maintained its lead over Virgin Australia as the most reliable airline group in Australia regarding on-time performance, although the smaller carrier is canceling significantly fewer flights.
The latest BITRE data published by the Department of Transport for November also reveals that the industry as a whole is still lagging behind long-term averages in terms of delays as post-COVID-19 issues persist, according to a publication by Aviation Australia.
Meanwhile, regional airline Skytrans continued to outperform its larger rivals, with an average of 98 percent for on-time arrivals and departures.
<h4>On-time arrivals (average in percentage)</h4>
<ul>
<li>Qantas and QantasLink – 68.0</li>
<li>Virgin Australia and VARA – 62.7</li>
<li>Skytrans – 97.7</li>
<li>Hinterland – 90.9</li>
<li>QantasLink – 73.1</li>
<li>Rex Airlines – 72.6</li>
<li>Jetstar – 68.0</li>
<li>VARA – 66.7</li>
<li>Virgin Australia – 62.6</li>
<li>Qantas – 60.3</li>
</ul>
<h4>On-time departures (average in percentage)</h4>
<ul>
<li>Qantas and QantasLink – 68.2</li>
<li>Virgin Australia and VARA – 64.0</li>
<li>Skytrans – 97.7</li>
<li>Hinterland – 93.0</li>
<li>Rex Airlines – 76.2</li>
<li>QantasLink – 73.3</li>
<li>Jetstar – 66.2</li>
<li>Virgin Australia – 64.1</li>
<li>VARA – 61.1</li>
<li>Qantas – 60.4</li>
</ul>
<h4>Cancellations (average in percentage)</h4>
<ul>
<li>QantasLink – 3.6</li>
<li>Qantas – 3.1</li>
<li>Hinterland – 2.8</li>
<li>Rex Airlines – 2.5</li>
<li>Jetstar – 2.4</li>
<li>Virgin Australia – 1.7</li>
<li>VARA – 1.3</li>
<li>Skytrans – 1.3</li>
</ul>
“For November 2024, on-time performance across all routes operated by participating airlines (Hinterland, Jetstar, Qantas, QantasLink, Rex Airlines, Skytrans, Virgin Australia, and Virgin Australia Regional Airlines) averaged 68.4 percent for on-time arrivals and 69.0 percent for on-time departures,” the report states.
“The cancellation rate for the month was 2.6 percent. The equivalent figures for November 2023 were 64.1 percent for on-time arrivals, 65.9 percent for on-time departures, and 3.7 percent for cancellations«.
“This month, the on-time arrival figure was below the long-term average for all routes (80.7%), and the on-time departure figure was also below the long-term average (81.9%). The cancellation rate was above the long-term average of 2.2%.”

Qantas Leads On-Time Performance in Australia Despite Virgin’s Lower Cancellation Rate

The recent transfer of two aircraft from Nigeria to Iran has raised serious concerns within the international community due to the apparent violation of sanctions against Iran.
As reported by Business Day, the aircraft, an Airbus A340-600 registered as 5N-AAM and a Boeing 737-300 registered as 5N-YSM, were allegedly smuggled to Mahan Air by Azman Air without the knowledge of the Nigerian Civil Aviation Authority (NCAA).
Michael Achimugu, Director of Public Affairs and Consumer Protection at the NCAA, stated that the agency intends to contact the Civil Aviation Authority of the Islamic Republic of Iran (CAA.IRI) to clarify the status of the aircraft.
Achimugu also mentioned that the NCAA will investigate Azman Air for the alleged deactivation of aircraft transponders, although such an action did not take place under Nigerian jurisdiction, according to a report by <a href="https://aeroin.net/avioes-que-desligaram-o-transponder-para-sumir-no-ira-preocupam-autoridades-nigerianas/">Aeroin</a>.
The incident highlights a concerning possible circumvention of international restrictions by Mahan Air, representing an evasion of sanctions imposed on Iran. The aircraft, now stored in Tehran and Mehrabad, were sold without regard for existing international sanctions.
Reports from the Middle East Forum Observer indicated that Azman Air is just one of several companies involved in sanction-evasion operations across the African continent.
Companies like Macka Invest in Gambia and PT Asia Global Airlines in Indonesia have assisted Iranian airlines linked to the Islamic Revolutionary Guard Corps in acquiring aircraft, registering them in countries such as the Republic of Congo, Burundi, Burkina Faso, Nigeria, and Gambia before smuggling them into Iran.
The A340-600 model is particularly attractive to Mahan Air due to its ease of maintenance, partly because of its use of Rolls Royce Trent 556-61 engines, which are easier to maintain compared to the U.S.-manufactured General Electric CFM56-5C4 engines used in smaller variants of the A340.
This dynamic reflects an ongoing challenge for the U.S. intelligence community, which needs to strengthen surveillance of aircraft movements in sub-Saharan Africa to prevent future sanctions evasions. The situation underscores the complexity of smuggling networks and the need for enhanced vigilance and international cooperation to reinforce sanctions enforcement.

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