Sweden’s BRA Seeks Creditor Protection Amid Industry Challenges
BRA – Braathens Regional Airlines, based in Stockholm Bromma, has initiated the process of corporate restructuring in Sweden, akin to… Read More »
Qantas Abandons Alliance Airlines Acquisition Plans, Expands E190 Fleet
Qantas has officially halted its pursuit to acquire the remaining 100% stake in Alliance Airlines, stating on October 19 that… Read More »
Founder of MYAirline Arrested as Malaysian Authorities Investigate Financial Turmoil
In a startling development, Goh Hwan Hu, co-founder and majority shareholder of MYAirline (MYM, Kuala Lumpur Subang), has been arrested… Read More »
Pegasus Airlines Explores Expansion Through Foreign AOCs
Pegasus Airlines (PC), based in Istanbul Sabiha Gökcen, is exploring the possibility of establishing carriers with their own Air Operator’s… Read More »
Heathrow and Airlines Lose Appeal Against CAA’s London Heathrow Price Cap Decision
Heathrow Airport Holdings, along with major airlines Virgin Atlantic, British Airways, and Delta Air Lines, has lost its appeal against… Read More »
Air Nostrum and CityJet Form Strategic Alliance as “Holding Group” to Become Europe’s Largest Regional Aviation Services Group
Spain’s Air Nostrum and Ireland’s CityJet have officially launched the Strategic Alliance of Regional Airlines (SARA), marking a significant step… Read More »
SpiceJet Boosts Fleet with Leased 737s and A340
Indian carrier SpiceJet is in the midst of a fleet expansion program that involves leasing ten B737s and an A340…. Read More »
Jet Airways’ Creditor Dispute Deepens Over Funding Source
India’s National Company Law Tribunal (NCLT) has extended the deadline for the committee of creditors (CoC) to respond to an… Read More »
Ryanair Faces Upheld $545,000 Fine by Hungary’s Supreme Court
Hungary’s supreme court, the Curia, has affirmed the Budapest municipal government’s decision to impose a HUF200 million forint (USD545,000) fine… Read More »
airBaltic Delays Bond Issuance Amidst Economic Uncertainty
airBaltic (BT, Riga) has decided to postpone its plans to issue high-risk bonds due to concerns over prolonged high-interest rates… Read More »
Apollo Global Management Seeks to Join Winning SAS Consortium
Apollo Global Management, a US investment firm, is expressing interest in joining the consortium that recently secured a winning bid… Read More »
Lufthansa Group to Deploy 40 New Narrowbodies for City Airlines Launch
Lufthansa Group is set to allocate 40 out of 80 newly ordered narrowbody aircraft to its upcoming subsidiary, City Airlines… Read More »
GetJet Airlines Partners with Itaka Lithuania for Exclusive Leisure Charters
Lithuania’s GetJet Airlines has inked a significant leisure charter deal with Polish tour operator Itaka Lithuania, signaling a strategic move… Read More »
iAero Group Initiates Bankruptcy Auction Process with Minimum Bid of $216.3 Million
iAero Group Parent LLC, the parent company of charter carrier iAero Airways, has sought court permission for a bankruptcy auction… Read More »
United Airlines Welcomes First A321neo, Marking Airbus Return
United Airlines (UA) has officially received its inaugural Airbus A321-200NX, marking the carrier’s first new Airbus delivery in more than… Read More »
Volaris Adjusts Guidance for 2023 Amidst Pratt & Whitney Engine Issues
Mexican low-cost carrier Volaris (Y4) has revised its capacity and financial guidance for the remainder of 2023 due to challenges… Read More »
Malta Engages Knighthood Global to Facilitate Launch of New Carrier
The Maltese government has enlisted the expertise of Knighthood Global, an international aviation consultancy led by former Etihad Airways executives… Read More »
Judgment Postponed to December 1 in Fraud Case Against First Nation Airways CEO
The Lagos Special Offences Court has deferred judgment in the ongoing fraud case against Kayode Odukoya, the Chief Executive Officer… Read More »
Caribbean Airline EZAir to Rebrand Amidst Trademark Dispute with easyGroup
Curaçao-based regional carrier EZAir (7Z, Bonaire) has announced plans to undergo a rebranding following a legal complaint from easyGroup Holdings,… Read More »
Garuda Indonesia Initiates Tender for ACMI Lease During 2024 Hajj Season
Garuda Indonesia (GA, Jakarta Soekarno-Hatta) has announced a procurement notice inviting eligible parties to bid for the wet lease of… Read More »
Australian Federal Court Urges Consolidation of Qantas Refund Lawsuits
Two Australian law firms, Piper Alderman and Echo Law, are pursuing competing class-action lawsuits against Qantas (QF, Sydney Kingsford Smith)… Read More »
CDB Aviation Secures $194 Million Payout from Russian Insurer for Aeroflot Aircraft Settlement
In a significant development, CDB Aviation has successfully received a substantial payout of CNY1.42 billion yuan (USD194 million) from the… Read More »
Denial of Investment Talks: IndiGo Founder Refutes Rumors of Stake Acquisition in SpiceJet
In a swift response to recent rumors, sources close to Rakesh Gangwal, co-founder and majority owner of IndiGo Airlines, have… Read More »
Air India Expands Fleet with Arrival of First Leased A320neo in Late 2024
In a strategic move to address capacity and connectivity needs, Air India has taken delivery of the first of a… Read More »
Jindal Power Emerges as Leading Contender to Acquire Go First Amidst Reports of Multiple Bidders
In a recent development, various entities have expressed interest in acquiring the insolvent airline Go First (GOW, Mumbai International), and… Read More »
Jamaica Set for Tourism Boost with New 1,000-Room Luxury Mega-Resort
Jamaica is on the brink of a significant tourism expansion, as revealed at the World Travel Market (WTM) in London…. Read More »