10 Nov 2025
Acumen Daily Aviation Brief - 10th November 2025
Acumen Aviation Newsletters
Acumen Aviation’s newsletters offer deep dives into the most impactful trends and developments across the aviation sector. These resources are crafted to keep you informed about critical industry changes and provide actionable insights:
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IrishAero News
CityJet Phases Out EI-FPU CRJ900
CityJet has ferried its Mitsubishi CRJ-900LR, registered EI-FPU (msn 15439) and named Svior Viking, from Valencia (VLC) to Dayton International Airport (DAY) between 28 and 30 October 2025. The aircraft, now bound for PSA Airlines — a wholly owned subsidiary of American Airlines Group — will enter service in the U.S. as N616NN under the American Eagle brand. The repositioning flight routed via Keflavik, Goose Bay, and Toronto, marking another phase in CityJet’s gradual phase-out of its CRJ900 fleet. EI-FPU is one of eight former CityJet aircraft transitioning to PSA Airlines, strengthening its regional U.S. operations.
Flydubai Receives Latest 737 MAX via Shannon
Flydubai has taken delivery of its eleventh Boeing 737 MAX 8, registered A6-FPH (msn 61037), following its ferry flight from Boeing Field (BFI) to Shannon (SNN) on 29 October and onward to Dubai International (DXB) the next day. The delivery, routed through Shannon, highlights Ireland’s ongoing role in aircraft delivery logistics. Alongside the new addition to its fleet, Flydubai announced seven new interline partnerships, expanding its network reach to over 40 global partners. These agreements enhance connectivity across Europe through Aegean Airlines and ITA Airways, and to Asia via Myanmar Airways International, Air China, China Eastern, Hainan Airlines, and Sichuan Airlines.
Stellaer Registers Ireland’s First Pilatus PC-24
Stellaer 212, based at Dublin Weston Airport, has achieved a notable milestone by registering Ireland’s first Pilatus PC-24, marking an exciting addition to the nation’s business aviation sector. The aircraft, registered EJ-MACK, completed its maiden flight on 21 October from the Pilatus production facility in Buochs, Switzerland, routing via Shannon before arriving at Dublin Weston Airport at 14:41 local time. Dubbed the “Super Versatile Jet,” the twin-engine PC-24 combines turboprop efficiency with light-jet performance, boasting a spacious cabin and the ability to operate from short and even unpaved runways—offering unparalleled flexibility for operators and clients across Europe..
Aircraft Update
EI-HRN Boeing 737-76N Delivered to Air Peace
Air Peace has taken delivery of a Boeing 737-76N, registered EI-HRN (msn 32674), following its ferry flight from Shannon to Lagos on 1 November 2025. The aircraft’s delivery further strengthens Air Peace’s narrowbody fleet as the Nigerian carrier continues to expand its regional and international operations. The addition of EI-HRN underscores the airline’s ongoing modernisation strategy aimed at enhancing capacity, reliability, and service quality across its growing network.
EI-KHE Embraer 190-E2 Ferried to Bratislava
An Embraer 190-E2, registered EI-KHE (msn 19020019) and operated by Air Astana, was ferried to Bratislava on 31 October 2025. The repositioning flight marks part of Air Astana’s ongoing fleet management programme, which involves scheduled maintenance and asset optimisation across its E2 fleet. The aircraft continues to play a key role in the airline’s regional operations, offering improved fuel efficiency, lower emissions, and enhanced passenger comfort in line with Air Astana’s modernisation strategy.
Global Aviation News
AAR Acquires HAECO Americas and Secures $850 Million in Multi-Year Contracts
AAR CORP. (NYSE: AIR) has announced the acquisition of HAECO Americas from the HAECO Group for $78 million in an all-cash deal, marking a major step in the company’s expansion strategy. The acquisition significantly enhances AAR’s North American MRO and heavy maintenance capabilities, reinforcing its leadership position in the region. Alongside the transaction, AAR has secured long-term heavy maintenance contracts with key customers valued at over $850 million, underscoring the company’s strong growth outlook and its commitment to advancing the Repair & Engineering segment within its global operations.
Aeroméxico Announces Pricing of Global Offering
Grupo Aeroméxico, S.A.B. de C.V. has confirmed the pricing of its global offering, comprising 11,727,325 American Depositary Shares (ADSs) at US$19.00 per ADS in the United States and 27,463,590 common shares at Ps. 35.34 per share in Mexico. Each ADS represents ten common shares of Aeroméxico. Trading of the ADSs on the New York Stock Exchange and common shares on the Bolsa Mexicana de Valores (BMV) is set to commence on 6 November 2025 under the ticker symbol “AERO.” The offering, scheduled to close on 7 November 2025, marks a key step in Aeroméxico’s capital market strategy, enhancing liquidity and reinforcing its financial position for continued growth.
Air Canada to Launch US Flights from Toronto’s Billy Bishop Airport
Air Canada has announced plans to begin operations from Toronto’s Billy Bishop Airport in spring 2026, marking a direct challenge to Porter Airlines in the business travel segment. The new schedule will include four daily flights to New York LaGuardia, three to Boston, two to Chicago O’Hare, and one to Washington Dulles, alongside increased frequencies to Montreal and Ottawa from January 2026. The move comes as Air Canada recalibrates its network following recent disruptions, including a flight attendants’ strike that cost the carrier €345 million and prompted a 1% reduction in management roles. Despite these challenges, the expansion underscores Air Canada’s focus on strengthening its North American business travel network.
Air Europa Finalises Strategic Partnership with Turkish Airlines
Air Europa has completed its agreement with Turkish Airlines, which will see the latter acquire a 26% stake in the Spanish carrier through a €300 million investment, valuing Air Europa at approximately €1.175 billion. The transaction, structured as a convertible loan pending regulatory approvals, enables Air Europa to repay its €475 million SEPI loan a year ahead of schedule—marking the end of pandemic-era state financing. The repayment follows a period of significant recovery for the airline, which has carried over 48 million passengers and operated nearly 289,000 flights in the past five years. With continued investment from IAG, the deal underscores Air Europa’s strengthened financial position and highlights Turkish Airlines’ growing influence within the European aviation market.
Airbus Increases Freighter Conversion Forecast by 9%
At the Cargo Facts Symposium in Nashville, Airbus announced an upward revision to its long-term freighter market forecast, projecting a 9% increase in aircraft conversions over the next two decades. Between 2025 and 2044, the manufacturer expects around 2,605 freighters to enter global service—of which approximately 1,670 will be passenger-to-freighter (P2F) conversions. The updated forecast reflects growing demand for air cargo capacity, driven by e-commerce expansion, supply chain diversification, and the ongoing modernisation of older freighter fleets. Airbus’ projections highlight the critical role of conversions in maintaining flexibility and efficiency across the global logistics network.
Air Lease Signs Airbus A321neo Deal with Sun PhuQuoc Airways
Air Lease Corporation (NYSE: AL) has announced a long-term lease agreement with Vietnam’s new carrier, Sun PhuQuoc Airways, for one Airbus A321-200neo, set for delivery in 2027. The agreement marks a key milestone in the airline’s fleet development strategy as it prepares to expand regional and international connectivity from Phu Quoc. Air Lease Senior Vice President Chi Yan highlighted the company’s commitment to supporting Sun PhuQuoc’s growth with modern, fuel-efficient aircraft, while CEO Nguyen Manh Quan noted that the A321neo will enhance passenger comfort and sustainability as the airline builds a next-generation fleet tailored to Vietnam’s growing travel demand.
Airlines in Spain to Face €234 Million in Sustainability Surcharges in 2025
Airlines operating in Spain, including Iberia, Ryanair, Vueling, and Air Europa, will incur an estimated €234.2 million in additional costs next year due to new EU-mandated sustainable aviation fuel (SAF) requirements. From 2025, carriers must ensure that at least 2% of total fuel consumption comes from SAF, derived from waste oils and agricultural residues. The change is expected to raise ticket prices by roughly €0.50 per passenger on average. While the regulation aligns with Europe’s broader decarbonisation goals, it underscores the mounting financial pressures airlines face as they transition toward greener operations.
Capital A Eyes Bahrain as Strategic Middle East Hub
Capital A Berhad, parent company of AirAsia, has signed a Letter of Intent (LOI) with Bahrain’s Ministry of Transportation and Telecommunications to explore establishing Bahrain as its Middle East aviation, engineering, and logistics hub. The partnership aims to create a strong bridge between ASEAN and the Gulf region, supporting Capital A’s wider global expansion strategy. The LOI outlines plans for collaboration across airline operations, cargo and logistics, MRO capabilities, and talent development — reinforcing Bahrain’s position as a growing aviation gateway and signalling Capital A’s intent to deepen its presence in one of the world’s fastest-growing aviation markets.
Irish Aviation News
AerFin Completes Transition of Two A320 Airframes to Aviation Investor
AerFin, the UK-based aviation asset specialist, has finalised the transition of two Airbus A320 airframes to a leading aviation investor, marking another successful asset placement for the company. Both aircraft have since been placed with an airline operator, underscoring the sustained market demand for mid-life, serviceable assets. Auvinash Narayen, AerFin’s Chief Investment Officer, noted that the transactions highlight the company’s expertise in maximising asset value and extending aircraft operational life through strategic remarketing and technical management.
AFG Aviation Ireland Acquires Airbus A321-231PCF Freighter
AFG Aviation Ireland has successfully completed the acquisition of an Airbus A321-231PCF freighter aircraft, bearing MSN 2919, from an affiliate of U.S.-based Nexus Aviation Ventures. The transaction strengthens AFG Aviation’s growing portfolio of converted freighter assets, reflecting the continued demand for narrowbody cargo aircraft driven by e-commerce and regional logistics growth. The acquisition also reinforces Ireland’s position as a key hub for aircraft leasing and trading activity within the global aviation finance market.
AviLease Prices $850 Million Inaugural Senior Unsecured Notes Due 2030
AviLease, the Saudi Arabia–headquartered global aircraft lessor, has announced the pricing of its inaugural $850 million 144A/Reg S senior unsecured notes due 2030, issued under its Global Medium Term Note Programme. The notes, carrying a fixed coupon rate of 4.75% per annum and maturing in November 2030, will be fully and unconditionally guaranteed by AviLease and select subsidiaries. Expected to close on 12 November 2025, the issuance marks a key milestone in AviLease’s capital market strategy, enhancing its funding flexibility and reinforcing its position as a rapidly expanding player in the global aircraft leasing sector.
AWAR and High Ridge Aviation Launch the Inaugural Jane O’Callaghan Award
AWAR, in partnership with High Ridge Aviation, has announced the launch of the first annual Jane O’Callaghan Award, honouring the late Jane O’Callaghan, a former board director at High Ridge Aviation and a pioneering figure in the aviation industry. Sponsored by High Ridge Aviation, the award celebrates rising professionals who demonstrate the same drive, excellence, and passion that characterised Jane’s distinguished career. The initiative aims to inspire the next generation of aviation leaders while preserving the legacy of a trailblazer whose influence continues to shape the sector.
Alliance Aviation Opens New Hangar and FBO in Saudi Arabia
Alliance Aviation, led by Brendan McQuaid, has inaugurated a new hangar and fixed-base operation (FBO) at Al Ula International Airport on 29 October 2025. Developed in partnership with the Royal Commission for Al Ula, the €15 million facility spans 2,850 square metres and can accommodate two large-cabin jets and two light jets. The project supports Saudi Vision 2030 objectives, including attracting two million annual visitors to Al Ula and contributing €37.5 million to GDP by 2035. The site employs 15 staff and offers ground handling, aircraft management, and storage services. Brendan McQuaid highlighted the milestone as a boost for private aviation in the Kingdom, while Abeer Al Akel emphasised its role in elevating the travel experience for visitors and investors alike.
Cork and Dublin Airports Record Highest Ever October Traffic
Cork and Dublin airports achieved record-breaking passenger numbers in October, with nearly 3.6 million travellers passing through Ireland’s two busiest airports. The surge was fuelled by the bank holiday weekend, mid-term travel, and major events such as the Cork Jazz Festival. Tourism to Ireland also remained strong, supported by successful seasonal campaigns promoting the country as the authentic home of Halloween. The milestone highlights continued growth in Ireland’s aviation and tourism sectors as both airports sustain strong recovery momentum post-pandemic.
Ryanair Reports 20% Jump in Summer Profits
Ryanair posted a profit after tax of €1.72 billion for Q2 (July–September 2025), a 20% increase from €1.43 billion in the same period last year. Average fares rose 13% to €58, while passenger numbers climbed 3% to 119 million, driving half-year profits up 42% to €2.54 billion. The airline has raised its FY26 traffic forecast to 207 million passengers, aided by earlier Boeing deliveries, and announced an interim dividend of €0.193 per share payable in February 2026. With 80% of fuel hedged for FY27 at under $67 per barrel, Ryanair anticipates over 10% savings. CEO Michael O’Leary credited the performance to strong Easter demand recovery, while CFO Neil Sorahan remarked the business is “humming along nicely.”
Pilot Careers Live 2025 Attracts Over 1,000 Attendees in Dublin
The 2025 edition of Pilot Careers Live, hosted at the Convention Centre Dublin by Seager Publishing, drew more than 1,000 aspiring pilots and aviation professionals. The event featured prominent exhibitors including the National Flight Centre, Atlantic Flight Training Academy, ASG, Airline Flight Academy, and Simtech, alongside recruiters from Ryanair, Aer Lingus, Loganair, and the Irish Air Corps. Attendees participated in an engaging seminar programme covering pilot training costs, life in the cockpit, and alternative career paths in aviation. Supported by FlyingInIreland and Pilot.ie, the event continues to serve as Ireland’s premier platform for those pursuing professional pilot careers.
Spain Welcomes Record 334,718 Irish Tourists in September
Spain saw a record 334,718 visitors from Ireland in September 2025, representing a 13% increase over the same month in 2024 and a 32.1% rise compared to pre-pandemic levels in 2019. According to Laura Peña, Director of the Spanish Tourist Board in Dublin, the rolling annual total reached nearly 2.96 million Irish visitors, up 8.6% year-on-year. Overall, Spain welcomed 9.7 million international tourists in September, with top markets including England, Germany, and France. Popular destinations such as the Balearic Islands, Catalonia, and Andalusia accounted for the majority of arrivals, underscoring Spain’s continued appeal among Irish holidaymakers.
Tweet Picks
@business British Airways owner IAG inked a deal with SpaceX’s Starlink for inflight Wi-Fi across all five carriers in the airline group.
@business Ryanair CEO Michael O'Leary says the UK should abolish air passenger duty at airports outside London to help grow the economy, telling @tommackenzietv he's prepared to move 10% of his airline's capacity out of the UK if Chancellor Rachel Reeves hikes it further.
@business Ryanair expects to exceed its passenger growth target for the full year as the airline receives aircraft early from Boeing and demand for travel remains strong.
@eicknews Air France has confirmed it will bring forward its daily flights to Paris next year starting on March 1st, previously scheduled to start March 29th.
Video Picks
Airlines for America CEO Discusses Economic Impact of U.S. Government Shutdown
In this video, Airlines for America CEO Nicholas Calio addresses the significant economic disruption caused by the recent U.S. government shutdown, highlighting its ripple effects across the aviation industry. Calio outlines how prolonged operational delays, reduced air traffic capacity, and funding interruptions have strained airlines, airports, and passengers alike. He also stresses the urgent need for policy stability and infrastructure investment to safeguard the resilience of America’s aviation system in the face of political and economic uncertainty.
Air New Zealand on Navigating Industry Headwinds
In this interview, Air New Zealand executives discuss how the airline is managing current market headwinds, including rising operating costs, volatile fuel prices, and persistent supply chain pressures. The conversation highlights the carrier’s focus on cost efficiency, network optimisation, and sustainability as it continues to rebuild international capacity. The video offers insights into Air New Zealand’s adaptive strategies and long-term commitment to maintaining profitability and service excellence amid a challenging global aviation environment.
Boeing Q3 Results: Confidence Restored Amid Strong Performance
This video covers Boeing’s Q3 2025 financial results, described by executives as “very strong in terms of the currency of confidence.” The discussion focuses on the company’s steady recovery across commercial and defence divisions, with improved cash flow and delivery stability signalling renewed market trust. Boeing leadership underscores ongoing progress in production efficiency and customer relations, framing these results as a critical step in restoring confidence among investors, suppliers, and airline partners worldwide.
Acumen’s Take
The aviation sector continues to display strong momentum, with fleet transitions, financial activity, and infrastructure expansion signalling a renewed phase of industry confidence. Airlines and lessors are leveraging strategic partnerships, sustainability initiatives, and capital market access to strengthen their competitive positions. Meanwhile, record traffic figures and event participation reflect robust demand and growing investor optimism. As the global aviation ecosystem evolves, operational efficiency, digital innovation, and sustainable growth remain the key drivers shaping its next chapter.
