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Browse: Home   /   Business Editor   /   Page 200

Caribbean Airlines Expands Fleet with E175s and Freighters Amid Growing Demand

Caribbean Airlines Expands Fleet with E175s and Freighters Amid Growing Demand

Caribbean Airlines is poised for fleet expansion, aiming to meet rising demand by adding regional jets, Embraer E175s, as well… Read More »

New England Patriots Sue Eastern Airlines for $22.8 Million Over Alleged Contract Breach

New England Patriots Sue Eastern Airlines for $22.8 Million Over Alleged Contract Breach

The New England Patriots (NEP), a prominent American football team, has initiated legal action against Eastern Airlines, seeking damages totaling… Read More »

Larry Ellison Faces $67 Million Loss and Potential Liabilities in Island Air Bankruptcy Trial

Larry Ellison Faces $67 Million Loss and Potential Liabilities in Island Air Bankruptcy Trial

Billionaire Larry Ellison, co-founder of Oracle and former owner of defunct Island Air (Hawaii), is grappling with financial repercussions as… Read More »

Corendon Dutch Airlines Welcomes First Boeing 737-9 to Fleet

Corendon Dutch Airlines Welcomes First Boeing 737-9 to Fleet

Corendon Dutch Airlines has received its inaugural Boeing 737-9 on September 30, marking the initial addition of this model to… Read More »

PIA Takes Action to Resolve A320 Lease Dispute and Financial Challenges

PIA Takes Action to Resolve A320 Lease Dispute and Financial Challenges

Pakistan International Airlines (PIA) is actively addressing a longstanding dispute with a lessor that has left two A320-200 aircraft grounded… Read More »

Greater Bay Airlines Plans Fleet Expansion, Eyes 23 Aircraft by 2028

Greater Bay Airlines Plans Fleet Expansion, Eyes 23 Aircraft by 2028

Greater Bay Airlines, based in Hong Kong, is set to double its existing fleet of four B737-800s to eight by… Read More »

Joby Aviation Sets Sights on 2025 Launch for Electric Air Taxi Service

Joby Aviation Sets Sights on 2025 Launch for Electric Air Taxi Service

Joby Aviation, a California-based company pioneering electric vertical takeoff and landing (eVTOL) aircraft, has announced ambitious plans to commence commercial… Read More »

Jet Airways Ownership Transfer Faces Legal Challenges as Creditors Seek Fund Source Clarity

Jet Airways Ownership Transfer Faces Legal Challenges as Creditors Seek Fund Source Clarity

The ownership transfer of India’s Jet Airways to the Jalan Kalrock Consortium (JKC) has hit another legal roadblock as creditors,… Read More »

Finnair’s 100 Memorable Firsts as It Approaches Its 100th Anniversary

Finnair's 100 Memorable Firsts as It Approaches Its 100th Anniversary

As Finnair approaches its 100th anniversary, it’s time to celebrate its remarkable journey with 100 memorable firsts. Founded on November… Read More »

Finnair Proposes €600 Million Rights Issue to Strengthen Financial Position

Finnair Proposes €600 Million Rights Issue to Strengthen Financial Position

Finnair (AY, Helsinki Vantaa) has unveiled plans for a rights issue, aiming to raise up to €600 million euros (USD… Read More »

Korean Air’s USD 520,000 US Lobbying Spree Faces Scrutiny Amid Asiana Merger Challenges

Korean Air's USD 520,000 US Lobbying Spree Faces Scrutiny Amid Asiana Merger Challenges

Korean Air (KE) has allocated a substantial USD 520,000 for lobbying efforts in the United States since the beginning of… Read More »

Ethiopian Airlines Explores 5th Freedom Flights from Accra to Canada

Ethiopian Airlines Explores 5th Freedom Flights from Accra to Canada

Ethiopian Airlines (ET) is considering the launch of fifth-freedom long-haul flights connecting Accra, Ghana, to Canadian destinations Toronto Pearson and… Read More »

Saudia Considers Bond Sale to Finance Fleet Expansion

Saudia Considers Bond Sale to Finance Fleet Expansion

Saudia (SV), the state-owned airline of Saudi Arabia, is exploring the possibility of raising capital through a debut bond sale… Read More »

Sunclass Airlines Set to Expand Fleet with First A321neo

Sunclass Airlines Set to Expand Fleet with First A321neo

Denmark’s Sunclass Airlines (DK) is gearing up to enhance its fleet with the addition of at least one A321-200NX, marking… Read More »

Delta Air Lines Addresses Engine Part Scandal, Grounds Less Than 1% of Aircraft

Delta Air Lines Addresses Engine Part Scandal, Grounds Less Than 1% of Aircraft

Delta Air Lines (DL) has confirmed its involvement in the engine part scandal linked to unapproved components from a rogue… Read More »

EU Parliament Pursues Ban on Hand Luggage and Seat Allocation Fees

EU Parliament Pursues Ban on Hand Luggage and Seat Allocation Fees

The European Union Parliament has passed a resolution on October 4, advocating for the prohibition of fees related to hand… Read More »

SMBC Aviation Capital Secures $710 Million Insurance Payout for Aeroflot Leases

SMBC Aviation Capital Secures $710 Million Insurance Payout for Aeroflot Leases

SMBC Aviation Capital has confirmed the receipt of an insurance settlement totaling approximately USD710 million from Russian state-owned insurer NSK…. Read More »

Spanish Court Rules in Favor of Ryanair in Dispute with OTA Kiwi

Spanish Court Rules in Favor of Ryanair in Dispute with OTA Kiwi

Ryanair has secured a victory in a Spanish commercial court, which rejected an injunction sought by online travel agency (OTA)… Read More »

Liquidators of GTLK Europe Sue Underwriters for Payouts

Liquidators of GTLK Europe Sue Underwriters for Payouts

Irish liquidators representing GTLK Europe and GTLK Europe Capital, formerly Irish subsidiaries of Russian state-owned lessor GTLK – State Transport… Read More »

Elite Airways Faces Operating Authority Revocation After Dormancy, Seeks to Reapply

Elite Airways Faces Operating Authority Revocation After Dormancy, Seeks to Reapply

The US Department of Transportation (DOT) has revoked the operating authority of Elite Airways after the airline ceased operations in… Read More »

Air Vanuatu Restores 737 and ATR72 to Service, Eases Capacity Concerns

Air Vanuatu Restores 737 and ATR72 to Service, Eases Capacity Concerns

Air Vanuatu has successfully returned its sole B737-800 and ATR72-600 aircraft to service, alleviating capacity constraints at the South Pacific… Read More »

Capital A Secures $150 Million Five-Year Term Loan for AirAsia Group

Capital A Secures $150 Million Five-Year Term Loan for AirAsia Group

Malaysian company Capital A, the owner of the AirAsia Aviation Group, has successfully secured a five-year term loan facility of… Read More »

Silk Way West Airlines Expands Fleet with First Boeing 777-200F

Silk Way West Airlines Expands Fleet with First Boeing 777-200F

Silk Way West Airlines, based in Azerbaijan, has taken delivery of its inaugural B777-200F on September 30, 2023, marking the… Read More »

SAS Scandinavian Airlines Faces Battle for Control as Duelling Investors Compete

SAS Scandinavian Airlines Faces Battle for Control as Duelling Investors Compete

  In a high-stakes bid for control, SAS Scandinavian Airlines (SK) is currently caught in the crossfire between two rival… Read More »

Auditor General Raises Concerns Over PIA’s Maintenance Delays Costing USD 134 Million

Auditor General Raises Concerns Over PIA's Maintenance Delays Costing USD 134 Million

A recent report by the Auditor General of Pakistan has uncovered significant financial implications for PIA – Pakistan International Airlines… Read More »

Air Tanzania Welcomes First Boeing 737-9, Pioneering the Type in Africa

Air Tanzania Welcomes First Boeing 737-9, Pioneering the Type in Africa

Air Tanzania (TC, Dar es Salaam) has taken delivery of its inaugural B737-9, marking a significant milestone as the first… Read More »

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