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Aeromรฉxico Increases Fleet, Could Suspend Flights to South Korea

Air Lease Corporation (ALC), Aeromรฉxico's main aircraft lessor, will lease nine Boeing 737 aircraft to Aeromรฉxico made up of two 737-8s and seven 737-9s. These aircraft will be delivered between July 2022 and August 2023, depending on ALC's order book…

Jeju Air Suspends Eastar Jet Purchase

Jeju Air, the largest budget carrier in South Korea, suspended its purchase of Eastar Jet, another low-cost carrier in Korea, due to the latest financial situation. According to Korean local media, Seok-Joo Lee, Chief Executive of Jeju Air stated if…

Korean Air to Offload Non-Essential Assets, Improve Transparency

Korean Air, South Koreaโ€™s flag carrier, is selling its non-essential assets in an effort to improve its financial standing and increase transparency, FlightGlobal reports. The most notable asset the airline will sell is real-estate in downtown Seoul, South Korea and…

Asiana Airlines Set to Confirm New Sale Deal on Friday

According to local media, Asiana Airlines, the second-largest airline in South Korea, is expected to sell on Friday. The consortium consists of Hyundai Development Co. and Mirae Asset Daewoo Co. After weeks of negotiations, Kumho Asiana Group agreed to sell…

Air Premia Plans Early Expansion With Dreamliner Order

Adding to its current fleet of only three aircraft, South Korean hopeful Air Premia has announced an order for five Boeing 787-9 Dreamliners to aid in its low-cost ambitions. The airline, who already has a deal with Air Lease Corporation…