Emergency Task Force Launched to Fix Newark ATC Outages
The Trump administration has established an emergency task force to resolve a string of telecommunications failures that have crippled air… Read More »
Vietnam Airlines Secures Financing for 50 New Aircraft with Vietcombank
Vietnam Airlines has signed a Memorandum of Understanding (MoU) with Vietcombank to secure financing for the purchase of 50 narrowbody… Read More »
AirAsia Capital A Seeks Shareholder OK for $1.36B Equity Reduction
Malaysia’s Capital A is seeking shareholder approval for a capital reduction of up to MYR6 billion (USD1.36 billion) to offset… Read More »
SEBI Blocks Elara Fund’s SpiceJet Warrant-to-Share Move
India’s Securities and Exchange Board (SEBI) has blocked the Mauritius-based Elara India Opportunities Fund from converting INR4.16 billion (USD48.7 million)… Read More »
Insurance Settlement for Russia-Expropriated Aircraft Nears in Ireland
A near-complete settlement of war risk and all-risk insurance claims related to aircraft expropriated by Russian airlines in 2022 is… Read More »
US FAA Reinstates Thailand’s IASA Category 1 Safety Rating
The US Federal Aviation Administration (FAA) has restored Thailand’s Category 1 International Aviation Safety Assessment (IASA) rating, enabling Thai airlines… Read More »
Court Approves Air Belgium’s Cargo Business Transfer to CMA CGM
Air Belgium has secured a vital lifeline after the Business Court of Brabant Wallon authorized the transfer of the airline’s… Read More »
Vertical Aerospace, Honeywell Advance VX4 Certification
Vertical Aerospace and Honeywell have expanded their long-standing partnership with a landmark agreement valued at up to $1 billion over… Read More »
Emirates Tops List of Most Profitable Airlines 2024
Making money in the airline industry often requires starting with a windfall investment, a joke that underscores the razor-thin profit… Read More »
Heathrow Power Outage Costs British Aiways and IAG €50 Million
International Airlines Group, the owner of British Airways, Iberia and Aer Lingus, revealed that a debilitating power outage at London’s… Read More »
NATO Tackles GNSS Interference Threats to Civil Aviation Safety
NATO has renewed its focus on combating electromagnetic interference threats to civil aviation, as incidents involving GNSS (Global Navigation Satellite… Read More »
Airports Economic Regulatory Authority Revamps Mumbai Airport Passenger User Fees
AERA, the Airports Economic Regulatory Authority of India, has overhauled the passenger user fee structure at Chhatrapati Shivaji Maharaj International… Read More »
Newcastle Airport Charts Course for New Routes
Newcastle International Airport closed out 2024 with more than 5.2 million passengers passing through its terminals, cementing its status as… Read More »
Emirates Posts Record $5.2B Profit on Strong Growth
Emirates Airline has posted a record annual profit after tax of $5.2 billion for the year ending March 31, 2025,… Read More »
US Class Action Targets Jeju Air Crash, FAA Engine Oversight
A leading U.S. law firm has initiated legal steps that could lead to multimillion-dollar litigation over the December 29, 2024,… Read More »
Five Airlines Propose Remedies for Transatlantic Operations Inquiry
The UK’s Competition and Markets Authority (CMA) is preparing to accept binding commitments offered by IAG International Airlines Group, American… Read More »
Air Seoul Faces Financial Struggles as Auditors Flag Risks
Air Seoul is facing serious financial challenges, with auditors raising concerns about its ability to continue operating as a going… Read More »
Airbus CEO Supports EU Tariffs if US Talks on Boeing Fail
Airbus CEO Guillaume Faury has stated that Europe should impose retaliatory tariffs on Boeing aircraft imports if the United States… Read More »
Air Peace Cites Safety for Delays, Rejects Fleet Shortage Claims
Air Peace has defended its recent flight delays and cancellations, citing safety as the primary reason rather than fleet shortages…. Read More »
FAA Faces Longstanding Equipment Issues, Acknowledges Need for Improvements
For decades, the Federal Aviation Administration (FAA) has struggled with outdated equipment, leading to real-world issues that impact air travel… Read More »
Major US Airlines Back ATC Modernization Plan
The chief executives of Delta Air Lines, United Airlines, American Airlines, Southwest Airlines and JetBlue Airways have thrown their support… Read More »
FBI Offers $10K Reward for Arrest of Those Responsible for 100s of Laser Strikes on Aircraft in Washington
The Federal Bureau of Investigation (FBI) is offering a reward of up to $10,000 for information leading to the arrest… Read More »