Investor Carl Icahn Acquires Nearly 10% Stake in JetBlue Airways
Prominent investor Carl Icahn has become a significant shareholder in JetBlue Airways, securing an almost 10% stake in the airline… Read More »
Airbus Confirms Major Charges Impacting OneSat Satellite Program
Airbus confirmed on Thursday Feb. 11 2024 that the OneSat family of commercial telecom satellites had been swept up in… Read More »
ATR Celebrates Delivery Rebound in 2023, Yet Misses Target
After navigating three challenging years marked by the pandemic and a complex economic landscape, ATR, the European turboprop aircraft manufacturer,… Read More »
Airbus Delays A321XLR Entry To Service Expectation To the Second Half of 2024
Airbus has postponed the entry into service of its A321XLR to the second half of this year. Initially planned for… Read More »
India’s Go First Receives Extended Deadline to Secure Buyer Amid Insolvency Proceedings
The National Company Law Tribunal (NCLT) of India has awarded an additional 60-day grace period to the administrators of the… Read More »
Optimism for FAA Reauthorization as Congress Navigates Differences
Rep. Rick Larsen (D-Wash.), a key figure in the U.S. House of Representatives Transportation & Infrastructure (T&I) Committee, has voiced… Read More »
Finnair Set to Expand Capacity by Over 10% in 2024 with A320 Fleet Reinforcement
Finnair, the Finnish flag carrier, is gearing up for a significant capacity increase of more than 10% in 2024, primarily… Read More »
Airbus Set to Launch Revolutionary ZEROe Hydrogen-Powered Aircraft by 2028
Airbus is advancing its ambitious ZEROe project, aiming to revolutionize air travel with hydrogen-powered aircraft. The aerospace giant’s CEO, Guillaume… Read More »
Court Asked to Dismiss Flair Airlines’ CAD51 Million Lawsuit as “Frivolous” by Aircraft Lessors
Lawyers representing the lessors involved in the March 2023 seizure and repossession of four Boeing aircraft from Flair Airlines have… Read More »
Sleuthing Enthusiast Claims Discovery of US Military’s X-37B Spaceplane
Officials didn’t disclose details about the X-37B’s orbit after its December launch. It turns out some of the informed speculation… Read More »
JetBlue Expands Fleet with Six Additional Aircraft via Sale-and-Leaseback Deal with BOC Aviation
JetBlue Airways has further solidified its partnership with BOC Aviation by entering into a new sale-and-leaseback agreement. This latest deal… Read More »
Iraq’s Global Airlines Gears Up for 2024 Launch with Two A321 Aircraft Leases
In preparation for its debut in 2024, Global Airlines, based in Iraq, has taken significant steps by securing leases for… Read More »
Korean Air’s Acquisition of Asiana Airlines Receives European Commission’s Nod with Conditions
The European Commission (EC) has officially sanctioned the merger between Korean Air and Asiana Airlines, marking a significant milestone towards… Read More »
Garuda Indonesia Announces Plans to Expand Fleet with Eight New Aircraft in 2024
Garuda Indonesia, the national airline based in Jakarta Soekarno-Hatta, is set to expand its fleet with the addition of eight… Read More »
Airbus CEO Addresses Space Division Losses as ‘Unacceptable’
Airbus CEO Guillaume Faury has delivered a forthright message to employees, labeling the recent losses in the company’s Space division… Read More »
Botswana Government Allocates $8.8 Million to Support Air Botswana in 2024-2025
The Government of Botswana has earmarked BWP121.2 million pula (approximately USD8.8 million) in development expenditure for Air Botswana as part… Read More »
Norse Atlantic Airways Delays Full Fleet Deployment Until 2025 Summer Season
Norse Atlantic Airways has opted to delay the complete deployment of its Boeing widebody fleet until at least the summer… Read More »
Antigua Finalizes Agreement with Caribbean Development Bank for LIAT Aircraft Purchase
The Government of Antigua & Barbuda has successfully reached an agreement with the Caribbean Development Bank (CDB) to purchase three… Read More »
WestJet Secures New Loan Facility, Bolsters Liquidity for Future Growth
WestJet Group, the Calgary-based parent company of WestJet Airlines, has successfully negotiated a new secured term loan facility, effectively extending… Read More »
AJW Group Dives into Airbus A350 Support Market with Major Spare Parts Acquisition
AJW Group has marked its entry into the Airbus A350 support market by securing a substantial package of over 2,500… Read More »
Etihad Airways Achieves First Dual Aircraft Type Rating for Pilots on Airbus A350 and A380
Etihad Airways has marked a significant achievement in aviation by enabling its pilots to operate both the Airbus A350 and… Read More »
NTSB Challenges FAA’s Cost Estimate, Urges 25-Hour Cockpit Voice Recorder Mandate for All Aircraft
The National Transportation Safety Board (NTSB) is advocating for the Federal Aviation Administration (FAA) to require all aircraft equipped with… Read More »
AirBaltic Faces Tight Deadline to Repay €200 Million Bond Debt Amid Plans for Stock Exchange Listing
Latvia’s national airline, airBaltic, is on a six-month deadline to secure €200 million (approximately USD215.5 million) to repay investors for… Read More »
European Union Reinstates Sanctions on Cham Wings Airlines Over Alleged Support to Syrian Regime
The European Union has once again placed sanctions on Cham Wings Airlines, the Syrian-based carrier, citing allegations of the airline’s… Read More »
Iceland’s PLAY Airlines Halts Fleet Expansion to Strengthen Financial Stability Amid Market Challenges
PLAY Airlines, the Icelandic low-cost carrier based at Reykjavik Keflavik, has announced a strategic pause in its fleet growth for… Read More »
Qantas Faces A380 Shortage, Leading to Service Reductions Across Key Routes
Qantas, the flag carrier of Australia based at Sydney Kingsford Smith, is grappling with unexpected delays in the reactivation of… Read More »