Aegean Airlines to Acquire 21% of Volotea with Loan
Aegean Airlines has announced plans to acquire a 21% stake in the Barcelona-based regional low-cost carrier Volotea through a €50… Read More »
Aegean Airlines Invests EUR50 Million in Volotea, Secures Up to 21% Stake
Aegean Airlines (A3) has announced a significant commercial joint venture and equity investment in Spanish low-cost carrier Volotea (V7), potentially… Read More »
American Airlines Flight Diverted After First Class Passenger Assaults Flight Attendant Over Vaping
An American Airlines flight en route from Milwaukee to Dallas Fort Worth had to make an emergency landing in Tulsa… Read More »
American Airlines Sues Kuehne + Nagel Over $500,000 Engine Damage
American Airlines has filed a lawsuit against Kuehne + Nagel, one of the world’s leading logistics firms, after an aircraft… Read More »
Spirit Airlines Furloughs 180 Pilots After $193 Million Loss, Exceeds Initial Estimates
Spirit Airlines has initiated a significant furlough of over 180 pilots during the holiday weekend, a figure that surpasses the… Read More »
Azul Airlines Negotiates Debt Settlement, Rules Out Chapter 11
Azul Linhas Aéreas Brasileiras (AD) has confirmed it is not considering filing for Chapter 11 bankruptcy protection in the United… Read More »
Singapore Airlines to Acquire 25.1% Stake in Air India
The Indian government has granted approval for Singapore Airlines (SQ) to acquire a 25.1% stake in the expanded Air India… Read More »
Spirit Airlines Furloughs 74 Fewer Pilots Than Initially Projected
Spirit Airlines recently announced the furlough of 186 pilots, 74 fewer than the 260 initially projected. This move comes as… Read More »