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Browse: Home   /   Business Editor   /   Page 189

European Commission Greenlights SAS Scandinavian State Aid with New Conditions

European Commission Greenlights SAS Scandinavian State Aid with New Conditions

In a significant development, the European Commission has re-authorised the 2020 COVID-era state aid of EUR 833 million (USD 911… Read More »

AirAsia Secures Three A320-200s in Lease Deal from MYAirline’s Fleet

AirAsia Secures Three A320-200s in Lease Deal from MYAirline's Fleet

AirAsia, based at Kuala Lumpur International, has successfully leased three A320-200 aircraft from the now-insolvent MYAirline, based at Kuala Lumpur… Read More »

Norse Atlantic Soars as $47 Million Raised in Successful Private Placement

Norse Atlantic Soars as $47 Million Raised in Successful Private Placement

Norwegian low-cost long-haul airline, Norse Atlantic Airways, based at Oslo Gardermoen, has secured an impressive $47 million in a recent… Read More »

Air India CEO Advocates Cautious Approach to Foreign Carrier Access in India

Air India CEO Advocates Cautious Approach to Foreign Carrier Access in India

The CEO of Air India, Campbell Wilson, has urged the Indian government to exercise prudence in allocating additional capacity rights… Read More »

Saudi Investment Fund to Acquire 10% Stake in Heathrow Airport from Ferrovial

Saudi Investment Fund to Acquire 10% Stake in Heathrow Airport from Ferrovial

Saudi Arabia’s Public Investment Fund (PIF) has reached an agreement to purchase a 10% stake in Heathrow airport from Spanish… Read More »

Inside NextGen: The FAA’s $35 Billion Air Traffic Modernization Program

Inside NextGen: The FAA's $35 Billion Air Traffic Modernization Program

The Federal Aviation Administration (FAA) has embarked on an ambitious air traffic infrastructure project known as the Next Generation Air… Read More »

U.S. Military Osprey Aircraft Crashes off Southern Japan; One Person Found Alive

U.S. Military Osprey Aircraft Crashes off Southern Japan; One Person Found Alive

Japan’s coast guard has reported that a U.S. military Osprey aircraft, carrying eight people, crashed off the southern coast of… Read More »

Lufthansa Flight Bound for Bangkok Diverted to Delhi Due to Unruly Passenger Behavior

Lufthansa Flight Bound for Bangkok Diverted to Delhi Due to Unruly Passenger Behavior

A Lufthansa flight destined for Bangkok, originating from Munich, Germany, was diverted to Delhi on Wednesday due to an unruly… Read More »

Silk Way West Airlines Taps Airbus A350F to Bridge Fleet Transition

Silk Way West Airlines Taps Airbus A350F to Bridge Fleet Transition

Azerbaijan’s Silk Way West Airlines, based at Baku Heydar Aliev International, is strategically leveraging the Airbus A350F to seamlessly bridge… Read More »

Nigeria’s Ibom Air Welcomes First A220-300 to Fleet

Nigeria's Ibom Air Welcomes First A220-300 to Fleet

In a historic moment for Nigerian aviation, Ibom Air (QI, Uyo) has officially received the first of its eagerly awaited… Read More »

Alii Palau Airlines Launches Operations and Eyes Pacific Expansion

Alii Palau Airlines Launches Operations and Eyes Pacific Expansion

Alii Palau Airlines, based in Koror, has recently initiated operations, marking a significant milestone in the airline industry. The startup,… Read More »

Over 160 Aircraft Grounded in India as Airlines Face Capacity Challenges

Over 160 Aircraft Grounded in India as Airlines Face Capacity Challenges

The aviation industry in India is grappling with a significant challenge as more than 160 aircraft from various airlines remain… Read More »

Nigeria’s Cally Air Set to Resume Operations Amid Calabar Festival Surge

Nigeria's Cally Air Set to Resume Operations Amid Calabar Festival Surge

Nigeria’s Cally Air, a virtual carrier based in Cross River state, is poised to recommence operations on November 30, according… Read More »

Can I Mix Different Brands of Oil in My Cessna Turbo Aircraft’s Engine?

Can I Mix Different Brands of Oil in My Cessna Turbo Aircraft's Engine?

I recently received an inquiry from Brian Favero, the owner of a Cessna Turbo 310Q equipped with a Continental TSIO-520… Read More »

LATAM Airlines Brasil Completes Retirement of 767-300ER Fleet

LATAM Airlines Brasil Completes Retirement of 767-300ER Fleet

LATAM Airlines Brasil, based at Sao Paulo Congonhas, officially concluded operations of its Boeing 767-300ER aircraft on November 15, 2023,… Read More »

Jet Airways’ Relaunch in Limbo as Creditors Demand AOC from Jalan Kalrock Consortium

Jet Airways' Relaunch in Limbo as Creditors Demand AOC from Jalan Kalrock Consortium

Creditors are intensifying their resistance to the revival efforts of Jet Airways (JAI), demanding that the Jalan Kalrock Consortium (JKC)… Read More »

Ryanair Loses Court Battle Over French and Swedish COVID Aid

Ryanair Loses Court Battle Over French and Swedish COVID Aid

Ryanair  has faced a setback as the Court of Justice of the European Union rejected the airline’s appeal concerning COVID-19… Read More »

flybig’s Strategic Pivot: Embracing Twin Otters for Enhanced Regional Connectivity

flybig's Strategic Pivot: Embracing Twin Otters for Enhanced Regional Connectivity

In a strategic move to redefine regional air travel in India, flybig (FLG), based in Indore, is shifting its focus… Read More »

Turkey’s AJet Takes Flight as an Independent Airline in Q1 2024

Turkey's AJet Takes Flight as an Independent Airline in Q1 2024

In a strategic move set to reshape the Turkish aviation landscape, AJet Air Transportation, the rebranded AnadoluJet under the Turkish… Read More »

MYAirline Commits to Settle Overdue Salaries Amid Insolvency Challenges

MYAirline Commits to Settle Overdue Salaries Amid Insolvency Challenges

Malaysia’s MYAirline (MYM), currently navigating insolvency, has reached an agreement to pay MYR 4.3 million ringgits (USD 917,900) in overdue… Read More »

Legal Battle Escalates as Cross Ocean Partners Targets SpiceJet in Delhi High Court

Legal Battle Escalates as Cross Ocean Partners Targets SpiceJet in Delhi High Court

In a new twist to SpiceJet’s legal woes, aircraft lessor Cross Ocean Partners is taking the battle to Delhi High… Read More »

Awesome Cargo and WestJet Cargo Forge Partnership for US-Mexico Routes

Awesome Cargo and WestJet Cargo Forge Partnership for US-Mexico Routes

Mexico’s Awesome Cargo has entered into a strategic partnership with WestJet Cargo to operate Boeing 737-800BCF aircraft on US-Mexico routes…. Read More »

AirAsia X Soars as Bursa Malaysia Lifts PN17 Status Following Profitable Quarter

AirAsia X Soars as Bursa Malaysia Lifts PN17 Status Following Profitable Quarter

In a significant development for AirAsia X (D7), the low-cost long-haul carrier has successfully exited PN17 status as confirmed by… Read More »

Finnair Successfully Raises €558.2 Million in Oversubscribed Rights Issue

Finnair Successfully Raises €558.2 Million in Oversubscribed Rights Issue

Finnair (AY) has concluded a highly successful rights issue, garnering approximately EUR558.2 million (USD609.5 million) in net proceeds, as per… Read More »

Kenya Airways Enhances Cargo Capacity with Delivery of First 737-800F

Kenya Airways Enhances Cargo Capacity with Delivery of First 737-800F

Kenya Airways (KQ) has achieved a significant milestone with the delivery of its inaugural Boeing 737-800F Freighter, marking the airline’s… Read More »

Virgin Australia Boosts Fleet Renewal with Order for Six Additional 737-8s

Virgin Australia Boosts Fleet Renewal with Order for Six Additional 737-8s

Virgin Australia (VA) is intensifying its fleet modernization efforts with an order for six additional Boeing 737-8 aircraft, expanding its… Read More »

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