Air Cambodia to Acquire 20 Boeing 737-8 Aircraft

Highlights from the APEX/IFSA Global Expo 2025 The APEX/IFSA Global Expo 2025 convened nearly 2,500 airline executives and innovators from around the world at the Long Beach Convention Center in California from September 9 to 11. Hosted by the Airline Passenger Experience Association (APEX) and the International Flight Services Association (IFSA), and held alongside FTE Global, the event united 120 airlines and airport operators with a diverse array of industry suppliers. The gathering was designed to influence the future of the end-to-end passenger journey by showcasing the latest advancements in in-flight entertainment (IFE), connectivity (IFC), cabin design, and digital innovation. The exhibition floor was alive with demonstrations of cutting-edge technologies and solutions aimed at enhancing every aspect of the passenger experience. Industry Leadership and Strategic Insights A central feature of the Expo was a series of keynote addresses delivered by prominent industry leaders, including Scott Kirby of United Airlines, Campbell Wilson of Air India, Dina Ben Tal Ganancia of El Al, David Neeleman of Breeze Airways, Andre Viljoen of Fiji Airways, and Steven Greenway of flyadeal. These executives offered candid perspectives on the evolving aviation landscape, discussing bold strategies to reimagine the passenger journey amid a rapidly shifting global market. Their discourse reflected the influence of factors such as anticipated U.S. Federal Reserve rate cuts, resilience within the technology sector, gains in Asian markets, and ongoing geopolitical risks. Dr. Joe Leader, CEO of APEX/IFSA/FTE Group, emphasized the significance of the event, stating, “APEX/IFSA Global Expo stands as the thought leadership conference that defines the future of aviation. Every interaction, from the show floor to the keynote stage, advances the global benchmark for the passenger experience. The energy and momentum generated here will continue to drive strategic transformation and accelerate innovation across the industry.” IFSA Developments and Industry Challenges Within the IFSA exhibition area, attendees explored the future of onboard services through sessions focused on government affairs initiatives addressing allergens, traceability, and regulatory engagement. Discussions also highlighted strategies for branding and the integration of AI-powered in-flight digital innovation. Live culinary demonstrations from carriers such as ANA, Fiji Airways, Turkish Airlines, and Saudia underscored the growing emphasis on wellness, sustainability, and cultural authenticity in inflight catering. A notable addition to this year’s event was the introduction of a dedicated Amenity Zone, positioned strategically between the IFSA and APEX show floors. This zone aimed to enhance visibility for amenities suppliers and foster meaningful engagement, serving as a hub for partnership development and product discovery. The Professional Clothing Industry Association Worldwide (PCIAW) Airline Clothing Show also returned, spotlighting the intersection of style, brand identity, and innovation in airline uniforms. Broader Industry Context The Expo unfolded against a backdrop of complex challenges facing the aviation sector, including legal and regulatory obstacles that affect market access for new products. For instance, companies such as Liquidia are contending with legal disputes and regulatory delays following FDA approval of YUTREPIA™, while competitors like United Therapeutics leverage market exclusivity to maintain their position in the pulmonary hypertension market. These dynamics, combined with shifting global economic conditions, are prompting industry leaders and investors to scrutinize strategic responses and innovation pathways with increased rigor. Participants also engaged with the FTE Global Expo’s comprehensive agenda, which covered topics such as terminal design, airport technology, and digital identity. This multi-track program reflected the industry’s commitment to holistic transformation amid a rapidly evolving global environment.

Wizz Air Unveils AI-Driven Campaign Emphasizing Affordable Travel Wizz Air has launched its first fully AI-powered advertising campaign, developed in collaboration with The Liberty Guild and Monks, to highlight the airline’s dedication to affordable fares and spontaneous travel experiences. Created in Spain, the campaign introduces “Locos,” a playful term that references the Spanish word for “a little crazy” while cleverly alluding to “low-cost.” Through a series of AI-generated vignettes, the campaign portrays travelers breaking free from routine, enjoying moments such as savoring authentic carbonara in Rome or gliding through Venice’s canals by gondola. The campaign culminates with the message: “Because being low-cost isn’t just about paying less—it’s about daring to live more.” This initiative marks a milestone for both The Liberty Guild and Wizz Air, as the entire production—from imagery and editing to sound design, casting, and voiceover—was created using AI tools including Midjourney, Runway, Google’s Nano Banana, Topaz, and Flux. This innovative approach significantly reduced production costs and timelines, demonstrating the potential of AI in creative advertising. Strategic Expansion and Creative Innovation Representing one of Wizz Air’s largest media investments in Spain, the campaign underscores the airline’s growing presence in the Spanish market, where it now offers 126 routes to 28 destinations across 15 countries. The Liberty Guild, operating as a virtual global network, partnered with a multi-award-winning Spanish creative team to develop the Locos/Low-Cost concept. The campaign’s creative direction was informed by research into millennial travelers’ ideal “locos” experiences, ensuring cultural relevance and resonance with Wizz Air’s target audience. Silvia Mosquera Gonzalez, Wizz Air’s commercial officer central, emphasized the campaign’s ethos: “Locos is about letting go, embracing spontaneity, and leaning into life’s fun side. Because low-cost isn’t only about saving money—it’s about having the freedom to do more and live bigger. Wizz Air has, from its inception, been a digital-first company, so it makes sense that we would be at the leading edge of using new technology in all areas of our business. So making an all AI ad just makes sense. We love this whole concept and the way that Monks and The Liberty Guild brought this to life. Let’s WIZZ!” Jon Williams, CEO and founder of The Liberty Guild, highlighted the campaign’s innovative use of AI, stating, “The current approach to AI in most areas is attritional automation, creating bottom funnel content. With this campaign, we've found a new groove on how you can work with AI; augmented by human brilliance and backed up by the local creative knowledge and nuance of our network to deliver and create effective and inventive work more quickly and cost-effectively.” Thymo van der Vlies, VP studio and craft operations, added that the fusion of creative ideas with AI’s capabilities enabled the creation of “truly extravagant scenarios.” Navigating Competitive Challenges Amid Expansion As Wizz Air intensifies its expansion in Spain and explores new routes—including recent growth in Italy and potential services to the UK—the airline faces a competitive and evolving landscape. Maintaining strong yields on transatlantic routes remains a challenge, particularly as competitors such as Norse Atlantic adjust their strategies. Market responses are expected to vary, with some travelers attracted by Wizz Air’s affordability, while others may exercise caution amid potential pricing pressures. Competitors are likely to respond by enhancing their route offerings or adjusting fares, and Wizz Air’s rapid growth could invite regulatory scrutiny and heighten competition with established carriers.

INFORM Unveils Vision for the 'Airport of the Future' at Inter Airport Europe 2025 AACHEN, Germany and ATLANTA, Sept. 18, 2025 – INFORM, a global leader in AI-driven business process optimization, is set to present its innovative GroundStar Suite at the upcoming inter airport Europe exhibition in Munich, scheduled for October 7-9, 2025. The company will welcome aviation professionals to GATE Booth B5-1360 in Hall B5, where it will articulate its comprehensive vision for the "Airport of the Future." This model aims to transform the roles of airlines, airports, and ground handlers, placing the passenger experience at the forefront of operational design. Four Foundational Pillars Shaping Future Airports Johannes Richenhagen, Executive Lead Transformation at INFORM Aviation, will spearhead an open discussion on October 8, from 10:30 to 11:00 a.m. at booth B5-1360, focusing on four key pillars that underpin this vision. The first pillar advocates for a smart and digital approach, encouraging airports, airlines, and ground handlers to rethink resource allocation and information sharing through the adoption of advanced technologies. The second pillar emphasizes passenger-centric operations, prioritizing seamless and customer-first experiences across all stakeholders. Sustainability forms the third pillar, addressing the urgent imperative for environmentally responsible aviation ecosystems amid mounting global challenges. The fourth pillar highlights the growing significance of passengers with reduced mobility (PRMs), whose increasing numbers—driven by aging populations and rising travel demand—necessitate careful consideration in stand allocation, gate management, turnaround planning, and landside coordination. These pillars collectively respond to escalating pressures within the industry, including heightened passenger expectations, labor shortages, and the imperative for sustainable growth. However, realizing this comprehensive vision entails considerable challenges. The integration of advanced technologies demands substantial investment and organizational adaptation, while balancing sustainability with operational efficiency must align with evolving regulatory frameworks. As airports worldwide confront infrastructure constraints and operational complexities, INFORM’s approach underscores the critical role of global collaboration and innovation in modernizing airport environments. Demonstrations and Industry Engagement at Inter Airport Europe INFORM will offer live demonstrations of its GroundStar Suite at the booth, providing visitors with an interactive experience of how the software supports all phases of ground operations management. The suite is engineered to enhance efficiency, resilience, and sustainability across airport processes, addressing both current demands and emerging industry trends. In addition, Ginesh Koottakara, Head of Sales Europe at INFORM Aviation, will participate in the panel discussion titled "Workforce of the Future: Looking Forward to the Next 25 Years! Attracting & Retaining the Future Workforce" on October 9, from 12:45 to 1:25 p.m. He will share insights on workforce management solutions amid ongoing labor challenges confronting the aviation sector. As the industry navigates evolving operational demands and complexities, INFORM’s presence at inter airport Europe 2025 provides a vital platform for professionals to engage with cutting-edge solutions and strategic perspectives aimed at shaping the airports of tomorrow.

Kawasaki and Dronamics Collaborate on Advanced UAV Engine Development Kawasaki Motors has entered into a strategic partnership with Dronamics to develop next-generation piston engines specifically designed for unmanned aerial vehicles (UAVs). The collaboration centers on enhancing the propulsion system of Dronamics’ flagship cargo UAV, the Black Swan. By combining Kawasaki’s extensive experience in engine design with Dronamics’ expertise in UAV technology, the partnership aims to establish new benchmarks in performance and efficiency for both unmanned and general aviation sectors. Advancing Long-Distance Cargo UAV Capabilities The Black Swan UAV is engineered to carry payloads of up to 350 kilograms across distances of up to 2,500 kilometres, representing a significant advancement in long-range cargo delivery solutions. Integrating Kawasaki’s state-of-the-art aero piston engines into the Black Swan platform is expected to elevate propulsion standards within the rapidly evolving UAV market. This integration seeks to enhance operational efficiency and reliability, positioning the Black Swan as a transformative asset in cargo aviation. Comprehensive Development and Industry Impact The partnership covers the entire engine development lifecycle, including joint research and development, integration engineering, flight testing, and performance validation. This holistic approach is intended to expedite the commercial deployment of advanced UAV propulsion systems while addressing challenges such as technological integration, regulatory compliance, and intensifying market competition. Konstantin Rangelov, Co-Founder and CTO of Dronamics, highlighted the importance of the collaboration, stating that the alliance with Kawasaki Motors represents a pivotal advancement in unmanned aviation technology. He emphasized that the partnership goes beyond merely adopting Kawasaki’s aero piston engines, focusing instead on jointly shaping the future of aircraft performance. Rangelov also noted that Kawasaki’s choice to collaborate on the Black Swan platform reflects Dronamics’ robust technological foundation and signals Kawasaki’s renewed commitment to aviation propulsion innovation. Industry analysts suggest that this collaboration may prompt competitors to accelerate their own UAV engine development efforts to remain competitive. Early market responses have been favorable, with expectations centered on innovation and enhanced performance in UAV propulsion technologies. By leveraging their combined expertise, Kawasaki and Dronamics are positioning themselves at the forefront of sustainable and efficient unmanned cargo aviation. The long-term partnership is anticipated to not only strengthen the Black Swan’s market position but also stimulate broader technological advancements within the UAV industry.

Malaysia Airlines Prioritizes Service and Innovation Amid Expansion Dersenish Aresandiran, Chief Commercial Officer of Airlines at Malaysia Aviation Group (MAG), recently reflected on his transformative journey with Malaysia Airlines and the evolving dynamics of the aviation sector. Drawing from extensive experience in route development, strategic partnerships, fleet modernization, and customer experience enhancement, Aresandiran emphasized the airline’s commitment to operational excellence combined with the hallmark of Malaysian Hospitality. He highlighted that striking a balance between efficiency and empathy remains central to the airline’s identity and competitive edge. Strategic Expansion and Innovation Initiatives Focus on South India and Kerala Malaysia Airlines is intensifying its presence in South India, with a particular emphasis on Kerala, recognizing the region’s growing importance as a strategic gateway. Since the launch of the Thiruvananthapuram–Kuala Lumpur route in November 2023, the airline has increased its service frequency from four weekly flights to daily operations. Aresandiran described Kerala as a cornerstone of the airline’s South India strategy, citing its strong tourism appeal, robust business connections, and cultural ties with Southeast Asia. This expansion not only improves connectivity for both leisure and business travelers but also facilitates onward travel to Australia and New Zealand via Kuala Lumpur. The airline’s collaboration with Kerala Tourism under the ‘Look East’ initiative further underscores its long-term commitment to the region. Innovation Through Strategic Partnerships and Enhanced Experiences Malaysia Airlines continues to drive innovation through strategic partnerships, notably its collaboration with Manchester United. This alliance offers fans exclusive experiences such as meet-and-greet sessions with legendary players, co-branded merchandise, and themed activations at travel fairs. The Manchester United-themed A330neo livery exemplifies the fusion of Malaysian identity with global sporting appeal. According to Aresandiran, this partnership strengthens emotional connections, enhances brand recall, and positions Malaysia Airlines as part of a lifestyle where sport and travel converge to create memorable experiences. Additionally, the airline’s “Bonus Side Trip” program enriches the travel experience by allowing international passengers to explore additional destinations within Malaysia at no extra cost, thereby adding value and flexibility to their journeys. Navigating Industry Challenges and Competitive Dynamics Despite its focus on service and innovation, Malaysia Airlines faces significant industry-wide challenges, including maintaining competitive pricing amid rising fuel costs and adapting to evolving regulatory frameworks. The airline’s strategic response includes expanding its codeshare partnership with Qantas, a move expected to increase passenger numbers and enhance loyalty benefits. Competitors are similarly pursuing route expansions and fleet upgrades, paralleling Malaysia Airlines’ introduction of new A330neo aircraft on key routes. Recent initiatives, such as increasing daily flights to Adelaide, demonstrate the airline’s proactive stance in a highly competitive market. Aresandiran acknowledged the dynamic and complex nature of the aviation industry, marked by constant evolution and shifting customer expectations. He reaffirmed the airline’s commitment to operational excellence and delivering the unique warmth of Malaysian Hospitality. As Malaysia Airlines continues to strengthen its network and innovate its offerings, it remains focused on balancing efficiency with empathy, ensuring passengers receive world-class service infused with the distinct cultural legacy the airline represents.

Boeing India Chief Highlights Strategic Importance of MRO in Aviation Growth Expanding Maintenance Capabilities Amid Market Growth Salil Gupte, President of Boeing India & South Asia, has emphasized the critical role that Maintenance, Repair, and Overhaul (MRO) facilities will play in the future of India’s rapidly expanding aviation sector. With projections indicating nearly 3,000 new aircraft entering the Indian market over the next two decades, Gupte stressed the necessity of developing strong local maintenance infrastructure to support this growth. Speaking to ANI, he underscored that aircraft servicing must increasingly be conducted within India to sustain the ecosystem of Aviation India. Boeing’s ongoing collaborations with key partners such as GMR, Air Works, and Air India Air Transport Services Limited (AIASL) are central to advancing both base and line maintenance capabilities. Gupte also highlighted the broader strategic significance of the aerospace sector, advocating for a zero-tariff regime to facilitate growth, given the industry’s importance to national infrastructure and security. He expressed optimism about resolving current trade and tariff issues between India and the United States in the near future, reflecting confidence in strengthening bilateral cooperation. Investment and Competitive Dynamics in the MRO Sector Looking ahead, Boeing aims to encourage its suppliers, including engine and component manufacturers, to establish a stronger presence in India. Notably, companies like Safran have already initiated engine MRO operations, and Boeing has announced new ventures in landing gear maintenance. Additional suppliers specializing in electrical systems and avionics are expected to follow, contributing to a more comprehensive domestic aerospace ecosystem. However, Boeing’s ambitions unfold within a highly competitive global MRO market. The company’s 2025 outlook anticipates a slight decline in demand for technicians and maintenance personnel, which may present challenges for workforce planning. Meanwhile, competitors such as Airbus are intensifying their investments in MRO infrastructure, and regional players like Joramco have expanded capacity with new hangars to capture a larger share of the growing market. Firoz Tarapore, CEO of Dubai Aerospace Enterprise (DAE), recently highlighted the robust and fiercely competitive nature of the global MRO sector, underscoring the challenges companies face in securing market leadership. Despite these competitive pressures, Gupte pointed to Boeing’s substantial investments in India’s defense and aerospace industries, amounting to hundreds of millions of dollars in engineering and manufacturing under the framework of the U.S.-India joint statement. He noted that this collaboration was a key element of the agreement reached between President Donald Trump and Prime Minister Narendra Modi earlier in the year. Building a Comprehensive Aviation Ecosystem On the civil aviation front, Gupte described India as one of the fastest-growing markets worldwide, driven by a surge in aircraft orders. He emphasized that success depends not only on delivering aircraft but also on developing a holistic ecosystem encompassing MRO services and pilot training. Initiatives such as competency-based training and Boeing’s ‘Sukanya’ programme, which promotes women’s participation in aviation and was launched at the request of Prime Minister Modi, were cited as important steps toward building this ecosystem. In the defense sector, Gupte reaffirmed Boeing’s commitment to co-development and co-production with India, referencing recent deliveries of Apache helicopters to the Indian Army and ongoing efforts to maintain leadership among foreign original equipment manufacturers (OEMs) in collaborative projects. As India’s aerospace industry continues to evolve, Gupte concluded that its trajectory will depend on sustained collaboration and strategic investment, both domestically and within the context of a highly competitive global MRO landscape.

Chapman Freeborn Completes Urgent Solar Panel Delivery from China to Türkiye Rapid Response to Market Changes Chapman Freeborn, a global air charter specialist and part of Avia Solutions Group, has successfully executed a critical airlift operation transporting nearly 300 tons of solar panels from China to Türkiye. The delivery involved three fully loaded Boeing 777F flights operated by Qatar Airways and Silk Way West Airlines, completed within a single week. This urgent mission was undertaken to assist importers in Türkiye in securing inventory ahead of an imminent change in solar panel taxation. The flights originated from Shanghai Pudong Airport (PVG) and arrived at Istanbul Airport (IST), carrying a total of 447 pallets encompassing over 292 tons and 685 cubic meters of cargo. Chapman Freeborn’s team worked closely with clients and airline partners to ensure precise coordination and timely delivery, applying their expertise in managing high-volume cargo under tight deadlines. Logistical Challenges and Execution Emre Sanisoglu, Cargo Charters Consultant at Chapman Freeborn, described the operation’s complexity, noting the variation in pallet sizes and weights that demanded meticulous planning. The team maximized the capacity of the Boeing 777Fs, each accommodating up to 100 tons and 550 cubic meters, achieving full utilization across all three flights. Throughout the process, transparent communication regarding costs was maintained to avoid any unexpected issues for the client. The flights departed on September 3rd, 8th, and 10th, with the team providing real-time updates on departures and arrivals to keep the client fully informed during this critical period. The swift coordination of three charters within one week highlights Chapman Freeborn’s operational agility in responding to urgent market demands. Market Context and Global Implications This delivery coincides with significant shifts in the global solar panel market. The recent strategic withdrawal of Zhejiang Bangjie Holding Group from the photovoltaic sector has raised concerns about potential supply chain disruptions, as the company was a major manufacturer in China. Analysts predict a temporary rise in solar panel prices due to reduced supply, prompting competitors to increase production or seek alternative sources. The urgency of Chapman Freeborn’s operation reflects these evolving market dynamics, as importers in Türkiye and other regions act swiftly to secure stock. The surge in demand extends beyond Türkiye, with Africa experiencing record levels of solar panel imports, indicating a broader global trend toward accelerated adoption of solar energy. Chapman Freeborn’s capacity to manage complex, high-volume deliveries under stringent timelines underscores its vital role in supporting this transition. Gerhard Coetzee, Vice President Cargo – IMEA at Chapman Freeborn, emphasized the company’s ability to navigate such challenges by leveraging its global network and extensive experience to deliver on schedule in a rapidly changing market environment. Company Profile With over five decades of experience, Chapman Freeborn operates as part of Avia Solutions Group, the world’s largest ACMI provider. The group manages a fleet of 209 aircraft and employs 14,000 aviation professionals across six continents. Its comprehensive portfolio includes maintenance, repair and overhaul (MRO), pilot and crew training, and ground handling services, establishing it as a key player in global aviation logistics.

MRO Japan and Airborne Capital Forge Strategic Partnership to Revolutionize End-of-Lease Aircraft Services MRO Japan has entered into a memorandum of understanding (MoU) with Airborne Capital, a specialist aircraft lessor and asset manager, initiating a strategic alliance designed to transform end-of-lease services for airlines operating in Japan and throughout Asia. This collaboration seeks to address the complexities airlines face during aircraft transitions at the conclusion of leasing agreements by providing a comprehensive range of advisory and operational services. Comprehensive Service Offering and Expertise Integration The partnership will jointly deliver an extensive suite of services, including records review, supply chain coordination, and meticulous project planning. Airborne Capital brings to the table its expertise in aircraft leasing and asset management, enhanced by the application of AI-driven technologies aimed at improving project management and technical support. Complementing this, MRO Japan will contribute its core maintenance, repair, and overhaul (MRO) capabilities alongside its profound understanding of regional market dynamics, ensuring seamless and efficient service delivery. Yasufumi Yukawa, CEO of MRO Japan, expressed enthusiasm about the collaboration, emphasizing the company’s commitment to success in the expanding end-of-lease market across the region. Ramki Sundaram, CEO of Airborne Capital, highlighted that the alliance underscores the firm’s dedication to Japan and exemplifies the broad spectrum of services and capabilities it offers to support its clientele. Market Positioning and Challenges Ahead This partnership is poised to establish both companies as pivotal players in the evolving end-of-lease sector, providing airlines with a reliable, streamlined, and cost-effective solution for aircraft transitions. Nevertheless, the venture must navigate several significant challenges. Regulatory compliance remains a critical concern, as the companies must adhere to complex aviation regulations spanning multiple jurisdictions. The competitive landscape is intense, with established market participants likely to respond through aggressive pricing strategies, enhanced service portfolios, or new alliances to protect their market share. Furthermore, the partnership will necessitate considerable investment in infrastructure and advanced technologies to meet the increasing demands of modern aircraft transitions. Market analysts anticipate heightened scrutiny from investors and stakeholders, particularly regarding the venture’s profitability and operational efficiency. Both MRO Japan and Airborne Capital will be required to demonstrate that their combined expertise and resources can generate measurable value within this competitive environment. Despite these obstacles, the alliance represents a forward-looking approach to addressing the needs of airlines in Asia’s rapidly growing aviation sector. By integrating local market knowledge with global best practices and technological innovation, MRO Japan and Airborne Capital aim to establish a new benchmark for end-of-lease services in the region.

Pegasus Airlines Honored for Sustainability and Financial Leadership at Aviation 100 Awards Pegasus Airlines has been distinguished for its exemplary achievements in sustainable aviation and financial innovation at the prestigious Airline Economics Aviation 100 Awards. The carrier secured three prominent accolades: **Sustainability Team of the Year**, **European Treasury Team of the Year**, and the **Sustainability Aviation Financing Excellence Award**. These honors underscore Pegasus Airlines’ dedication to embedding environmental and social responsibility within its financial strategy. Industry Context and Competitive Landscape The recognition arrives amid increasing pressures on the aviation sector to address sustainability and operational challenges. While Pegasus Airlines advances its leadership in sustainable practices, several competitors are confronting significant difficulties. Spirit Airlines is currently navigating uncertainty following the retirement of its vice president of network planning, raising questions about its strategic direction. Condor remains embroiled in legal disputes with Lufthansa, and Mango Airlines has ceased operations after unsuccessful rescue attempts. These developments highlight the complex regulatory and competitive environment in which airlines operate, rendering Pegasus’ accomplishments in sustainability and financial resilience particularly significant. Sustainability Team of the Year Pegasus’ Sustainability Team was lauded for its comprehensive approach to environmental, social, and governance (ESG) initiatives. The team’s climate transition roadmap, gender equity programs, and robust governance framework—underpinned by transparent reporting—have established a new industry benchmark. This integrated strategy has enabled Pegasus to generate value while advancing its sustainability commitments across multiple dimensions. European Treasury Team of the Year The airline’s Treasury Team received the European Treasury Team of the Year award in recognition of its innovative financing activities throughout 2024 and 2025. Key achievements included securing funding for new aircraft acquisitions, implementing sustainability-linked financial structures, issuing Eurobonds, and financing the construction of hangars at Sabiha Gökçen Airport. Notably, the team executed the aviation industry’s first engine maintenance transaction backed by France’s export credit agency, BpiFrance, under its credit insurance program. Sustainability Aviation Financing Excellence Award Pegasus Airlines was also honored with the Sustainability Aviation Financing Excellence Award for its pioneering Sustainability-Linked JOLCO (Japanese Operating Lease with Call Option) financing of three Airbus A321neo aircraft. In partnership with SMFL and SMBC, this transaction uniquely aligned both debt and equity components with the airline’s long-term sustainability objectives, setting a new standard for sustainable aviation financing. As the aviation sector increasingly embraces consulting services and innovative solutions to address growth and sustainability challenges, Pegasus Airlines’ proactive approach positions it as a leader amid evolving market dynamics. The airline’s capacity to sustain strong financial performance while advancing environmental responsibility distinguishes it from competitors facing operational and legal setbacks. Barbaros Kubatoğlu, CFO of Pegasus Airlines, remarked, “These awards reflect Pegasus Airlines’ long-term commitment to building a financially resilient, innovative, and sustainability-driven airline. By embedding sustainability into every layer of our financial strategy, from treasury operations to ESG-linked structures, we are setting a new benchmark for the industry.” Pegasus Airlines’ recognition at the Aviation 100 Awards not only affirms its leadership in sustainable aviation but also highlights the growing importance of integrating financial innovation with environmental stewardship in a rapidly evolving industry landscape.

Air Peace Opens Largest Aircraft Maintenance Facility in Lagos, Marking a Shift in Nigeria’s Aviation Industry A Landmark Development in African Aviation Air Peace has initiated the construction of Africa’s largest aircraft Maintenance, Repair, and Overhaul (MRO) facility at Murtala Muhammed International Airport in Lagos, signaling a significant transformation in Nigeria’s aviation sector. Supported by Brazilian aerospace expertise, this expansive project is poised to surpass South Africa’s current MRO infrastructure, positioning Nigeria as an emerging hub for aviation services across the continent. The facility will cover an area of 32,000 square meters, incorporating a 6,200-square-meter hangar, a 2,000-square-meter warehouse, a 2,600-square-meter workshop, and a 1,500-square-meter office block. Complementing these structures are a 10,000-square-meter aircraft parking apron and nearly 10,000 square meters allocated for parking, equipment sheds, utility buildings, and landscaped spaces. This comprehensive infrastructure is designed to accommodate large aircraft, including the Boeing 777, with the capacity to service up to five additional aircraft simultaneously. Economic and Industry Implications The groundbreaking ceremony attracted industry leaders, government officials, and regulatory stakeholders, highlighting the project’s importance for Nigeria’s aviation future. The MRO center is expected to generate over 50,000 direct and indirect jobs, fostering economic growth and advancing skills development within the sector. It will also serve as a vital training ground for engineers and technicians, addressing the increasing demand for skilled professionals in aircraft maintenance. By enabling local provision of critical maintenance services, the facility aims to reduce capital flight significantly, as Nigerian and regional airlines will no longer need to outsource these services abroad. Developed with technical input from a leading global aerospace company, the center is designed to meet international standards, enhancing the reliability and efficiency of aviation maintenance in the region. Challenges and Market Impact Despite its promising outlook, the project faces potential challenges. The limited competition within Africa’s MRO sector may lead to higher operational costs and increased dependence on Embraer, the Brazilian aerospace partner, for specialized maintenance services. Nevertheless, the launch of this facility is expected to bolster confidence among African airlines regarding the region’s capacity to provide high-quality aviation maintenance. Market reactions have been predominantly positive, with industry observers suggesting that the new MRO center could encourage other African carriers to pursue partnerships with established MRO providers to improve their service offerings. This development may stimulate investment in similar infrastructure across the continent, potentially reshaping the competitive dynamics of African aviation. At the ceremony, Air Peace’s founder emphasized that the project represents more than a physical facility; it is a declaration of confidence in Nigeria’s potential to lead in aircraft maintenance and a catalyst for broader industry growth. As construction advances, the facility is set to redefine Nigeria’s role in the global aviation sector and establish new standards for the continent.