Avolon to Acquire $5 Billion Castlelake Aviation Portfolio
Avolon has announced a major acquisition, agreeing to purchase Castlelake Aviation’s $5 billion portfolio, which includes 118 aircraft, 13 new-technology… Read More »
U.S. DoT Approves Delta-SAS Scandinavian Codeshare Despite JetBlue Objections
The U.S. Transportation Department (DOT) has approved a new codeshare agreement between Delta Air Lines and Scandinavian Airlines (SAS), marking… Read More »
Meta to Use Public Facebook and Instagram Posts in UK to Train AI
Meta Platforms (META.O) will soon begin using public content from Facebook and Instagram users in the UK to train its… Read More »
EU Unlikely to Order Google Breakup in Antitrust Case, Sources Say
European Union antitrust regulators are expected to stop short of ordering Alphabet’s (GOOGL.O) Google to break up its adtech business,… Read More »
Airports Seek Funding Solutions Amid PFC Cap Stalemate
U.S. airports face a critical funding shortfall for essential infrastructure improvements as Congress maintains the passenger facility charge (PFC) cap,… Read More »
Etihad Airways Delays IPO to 2025 to Showcase 2024 Results
Etihad Airways, owned by the Abu Dhabi sovereign wealth fund ADQ, has postponed its planned stock market debut to 2025,… Read More »
American Airlines Flight Attendants Get 20%+ Raises
American Airlines flight attendants have successfully ratified a new five-year labor contract, securing immediate wage increases exceeding 20%. This agreement… Read More »
Boeing Workers Vote on New Contract, Strike Possible
Boeing workers are set to vote today on a new labor contract that could significantly impact the company’s production plans…. Read More »
Airlines Increase Q3 Revenue Forecasts Amid Rising Fares
Airlines are projecting higher unit revenues for the third quarter, signaling a trend of increasing flight costs after a period… Read More »
Heathrow Warns UK ETA Scheme Will Harm Economy
London Heathrow Airport (LHR) has raised significant concerns regarding the UK government’s new electronic travel authorization (ETA) scheme, warning that… Read More »
Qantas Expands Perth Operations for Global Growth
Qantas is set to enhance its operations at Perth International Airport (PER) in Western Australia, aiming to develop the facility… Read More »
Boeing 737 Max Production Recovery Delayed Amid Continued Supply Chain Challenges
Boeing’s recovery efforts for its 737 Max production are facing further delays, according to a report from Reuters. The aerospace… Read More »
Boeing Delivers 40 Jets in August, Aiming for Increased 737 MAX Production
Boeing reported on Tuesday that it delivered 40 commercial jets in August 2024, an increase of five from the same… Read More »
Teen Pilot’s Solo World Flight to Raise $1M for Cancer Research
At just 19 years old, Ethan Guo is undertaking a remarkable solo flight around the world in his vintage Cessna… Read More »
Colombo Businessman Launches Air Ceilão to Transform Aviation in Sri Lanka
A Colombo-based entrepreneur is set to introduce a new scheduled passenger carrier named Air Ceilão, aimed at transforming Sri Lanka… Read More »
Keflavik Airport Expands Routes and Seeks New Opportunities
Keflavik Airport (KEF), Iceland’s primary international gateway, is set to broaden its network with exciting new route opportunities, enhancing connectivity… Read More »
EasyJet to Close Toulouse Base, Relocate Aircraft to Nantes and Lyon
EasyJet has announced the closure of its base at Toulouse-Blagnac Airport (TLS) in southern France, effective from spring 2025. This… Read More »
JetBlue Boosts Q3 Revenue Outlook Amid Industry Disruptions
JetBlue Airways has revised its third-quarter revenue guidance upwards, citing disruptions at other US carriers, notably Delta Air Lines, which… Read More »
OpenAI Set to Launch ‘Strawberry’ AI for ChatGPT in Two Weeks, Focusing on Enhanced Reasoning
OpenAI plans to release “Strawberry,” a reasoning-focused artificial intelligence model, as part of its ChatGPT service in the next two… Read More »
Lufthansa Ordered to Compensate Student for Visa Information Oversight
In a significant ruling, a consumer court in India has directed Lufthansa to compensate Maharshi Yadav, a student who was… Read More »
Airports Embrace Advanced Technology to Stay Competitive
At the recent Airports Council International-North America (ACI-NA) Conference and Exhibition in Grand Rapids, Michigan, airport leaders emphasized their focus… Read More »
AI Startup Glean Doubles Valuation to $4.6 Billion After Securing $260 Million in Funding
AI-powered search startup Glean announced it has raised $260 million in a Series E funding round, doubling its valuation to… Read More »