GLOBALX Leases A320 from Sister Carrier, Canada Jetlines
In a strategic move to enhance its fleet capabilities, GLOBALX (G6) has wet-leased an A320-200 from its affiliate carrier, Canada… Read More »
China’s Domestic Tourism Surges: Beijing-Shanghai Tops City Pairs, Reflecting 16% Growth
As global destinations eagerly anticipate the return of Chinese outbound tourism, China’s domestic travel market is experiencing unprecedented growth and… Read More »
Norse Atlantic Airways Secures $55 Million Funding, Plans New Share Offering
Norse Atlantic Airways (N0), based in Oslo Gardermoen, has successfully raised NOK613 million kroner (USD55 million) in a recent private… Read More »
Aegean Airlines Considers Repurchasing Warrants from Greek Government
In a recent development, Aegean Airlines (A3, Athens) has received notification from the Greek government expressing its intent to exercise… Read More »
Aeroflot Advocates for Favorable Loans Amidst Aviation Industry Challenges
Introduction: Aeroflot (SU), Russia’s flagship carrier, is seeking support in the form of preferential loans for the country’s airlines. The… Read More »
Pakistan’s PIA Nears Resolution in A320 Lease Dispute with $26 Million Payment
In a significant development, Pakistan International Airlines (PIA) is on the verge of settling a prolonged dispute with Asia Aviation… Read More »
Volaris Takes Action Amid Pratt & Whitney Groundings, Laying Off 200 Staff
In response to ongoing inspections of its Pratt & Whitney engines, Mexico’s Volaris (Y4, México City International) has made operational… Read More »
IndiGo Provides Update on Pratt & Whitney Engine Issue, Anticipates Grounding 35 Aircraft in Q1 2024
IndiGo Airlines (6E), a major player in the Indian aviation market, has shared additional details regarding the impact of the… Read More »
Indian Banks Withdraw Commitment to Fund Go First’s Restart as Challenges Mount
Indian banks, including Bank of India, Bank of Baroda, IDBI Bank, and Deutsche Bank, have reportedly reversed their earlier commitment… Read More »
Emirates Targets New-Gen Widebody Freighters Order by 2027
Emirates (EK), based at Dubai International, is gearing up to place an order for cutting-edge widebody freighters, considering either A350Fs… Read More »
Madagascar Airlines Shifts Strategy and Abandons E2 Plan, Halts Long-Haul Ops
In response to a “critical financial situation,” Madagascar Airlines (MGY, Antananarivo) has made significant strategic changes, abandoning plans to add… Read More »
SAS Scandinavian Airlines Secures $1.2 Billion Funding Boost from AF-KLM Consortium
SAS Scandinavian Airlines (SK) has successfully finalized an investment agreement for its Chapter 11 exit financing, securing a total of… Read More »
Vietnam’s Bamboo Airways Faces Fund Freeze Over $4.2 Million Tax Debt
Bamboo Airways (QH), based in Hanoi Noi Bai International, is under financial strain as its bank accounts are frozen due… Read More »
Thai Smile Set to Merge with Thai Airways by Early 2024
Thai Smile (WE), the regional subsidiary of Thai Airways International, is on track to conclude its merger with the parent… Read More »
Taiwan to Expand Direct Flights to China: 13 New Airports Added to Regular Service
In a significant move towards strengthening air connectivity, Taiwan has unveiled plans to expand regular direct flights to 13 airports… Read More »
Air Macau Secures Three-Year Extension of Airport Concession Amid Legislative Delays
The government of the Special Administrative Region has extended Air Macau’s airport concession for an additional three years, allowing the… Read More »
Air New Zealand Faces Pratt & Whitney Engine Woes Until 2025, Considers Leasing Options
Air New Zealand (NZ), based in Auckland International, anticipates ongoing challenges with Pratt & Whitney engine issues that may persist… Read More »
AirAsia X Appeals Bursa Malaysia Decision, Continues Efforts to Exit PN17 Status
AirAsia X (D7), the Malaysian long-haul budget airline, has lodged an appeal against Bursa Malaysia’s decision to reject its application… Read More »
NyxAir Introduces First ATR72 for Avem Aero’s Urgent Cargo Charters
Estonian carrier NyxAir marked a milestone on September 13, 2023, as it commenced operations with its newly acquired ATR72-500(F), serving… Read More »
EVA Air Expands Fleet with Order for 18 Airbus A350s and 15 A321neos
EVA Air, based in Taipei, Taiwan, is set to enhance its fleet by acquiring eighteen A350-1000s and fifteen A321-200neo aircraft… Read More »
YTO Cargo Airlines and Air Central Make Aviation History with First ARJ21F Deliveries
In a groundbreaking move, China’s YTO Cargo Airlines and Air Central have achieved a significant milestone by taking delivery of… Read More »
Malaysia Airlines Affirms A330neo Delivery Schedule Amidst Narrowbody Fleet Expansion Plans
Malaysia Aviation Group (MAG) Managing Director, Izham Ismail, has provided assurances that the delivery timeline for Malaysia Airlines’ first A330-900Ns… Read More »
Malaysia’s Sabah Government Takes Cautious Approach to State-Owned Airline Plans Amidst Industry Challenges
In a strategic move, officials from the Malaysian state of Sabah are reevaluating their plans to launch a state-owned airline… Read More »
Enforcement Directorate Seizes INR 5.38 Billion in Properties Linked to Jet Airways’ Founder
India’s Enforcement Directorate (ED) has taken action against Naresh Goyal, the founder of Jet Airways (JAI), accusing him of “massive… Read More »
AZAL Azerbaijan Airlines Boosts Capacity with Wet-Leased A320s from GetJet Airlines
AZAL Azerbaijan Airlines (J2) has entered into a wet-lease agreement with Lithuania’s GetJet Airlines (GW) for three Airbus A320 aircraft,… Read More »
On The Beach OTA Secures £2 Million in Landmark Refund Case Against Ryanair
In a landmark legal victory, Manchester-based online travel agency (OTA) On The Beach (OTB), alongside affiliated entities Sunshine Co. UK…. Read More »