Aegean Airlines to Acquire 21% of Volotea with Loan
Aegean Airlines has announced plans to acquire a 21% stake in the Barcelona-based regional low-cost carrier Volotea through a €50… Read More »
Aegean Airlines Invests EUR50 Million in Volotea, Secures Up to 21% Stake
Aegean Airlines (A3) has announced a significant commercial joint venture and equity investment in Spanish low-cost carrier Volotea (V7), potentially… Read More »
Airbus Maintenance Workers in UK Suspend Strike After Pay Raise
Workers responsible for maintenance and cleaning at two Airbus sites in the UK have called off their planned strike following… Read More »
airBaltic Unveils 16 New Routes and IPO Plans
On September 4, 2024, airBaltic unveiled a major expansion of its route network, introducing 16 new routes across Europe from… Read More »
American Airlines Sues Kuehne + Nagel Over $500,000 Engine Damage
American Airlines has filed a lawsuit against Kuehne + Nagel, one of the world’s leading logistics firms, after an aircraft… Read More »
Thai Pilots Association Opposes Foreign Pilots on Domestic Routes, Cites Risk of ICAO Red Flag
The Thai Pilots Association is voicing concerns over a proposal to liberalize pilot jobs for foreigners on domestic routes in… Read More »
Spirit Airlines Furloughs 180 Pilots After $193 Million Loss, Exceeds Initial Estimates
Spirit Airlines has initiated a significant furlough of over 180 pilots during the holiday weekend, a figure that surpasses the… Read More »
Azul Airlines Negotiates Debt Settlement, Rules Out Chapter 11
Azul Linhas Aéreas Brasileiras (AD) has confirmed it is not considering filing for Chapter 11 bankruptcy protection in the United… Read More »
Qatar Airways Acquiring 19% Stake in Virgin Australia
Qatar Airways (QR) is set to acquire a 19% stake in Virgin Australia (VA), with the deal expected to be… Read More »
U.S. Seizes Venezuelan President’s Jet, Transfers It to Florida
The United States has seized a Dassault Falcon 900EX, used by Venezuelan President Nicolás Maduro, in the Dominican Republic and… Read More »
Boeing Faces Potential Strike as Machinists Demand 40% Pay Raise
Boeing is on the brink of a significant labor dispute as its machinists’ union, District 751 of the International Association… Read More »
Singapore Airlines to Acquire 25.1% Stake in Air India
The Indian government has granted approval for Singapore Airlines (SQ) to acquire a 25.1% stake in the expanded Air India… Read More »
ITA Airways Secures $240 Million Financing for Fleet Expansion
ITA Airways, the Italian airline, has announced a significant financial milestone with its wholly-owned subsidiary securing $240 million in private… Read More »
Boeing Workers Report High Pressure and Incomplete Work Amid Production Demands
Boeing factory workers are voicing concerns over intense pressures and incomplete tasks as they strive to meet production deadlines, according… Read More »
Nigerian Airlines Banned from US Flights After FAA Safety Status Lapse
Nigerian airlines have been barred from operating flights to the United States following a lapse in their Federal Aviation Administration… Read More »
Dallas DFW Begins $3 Billion Overhaul of Terminal C
Dallas Fort Worth International Airport (DFW), the world’s third-busiest passenger airport, has initiated a major $3 billion redevelopment project for… Read More »
Boeing’s $10 Billion Cash Flow Target Delayed, Wells Fargo Downgrades Stock
Wells Fargo has announced a downgrade of Boeing’s stock to “underweight,” forecasting a significant delay in the aerospace giant’s goal… Read More »
Sweden to Abolish Airline Ticket Tax in 2025
The Swedish government has announced plans to abolish its airline ticket tax starting July 1, 2025, as part of the… Read More »
Aeroméxico Secures $200M Loan for Fleet Expansion and Growth
Aeroméxico (AM) has secured a three-year syndicated loan of $200 million from BBVA México, marking its return to the Mexican… Read More »
Firefighters Contain Furnace Blaze at Airbus Facility Near Toulouse Airport
On September 1, 2024, a fire broke out in a furnace at Airbus’ Saint-Eloi factory near Toulouse-Blagnac Airport (TLS), prompting… Read More »
Lufthansa Plans 19.9% Stake in TAP Air Portugal
Lufthansa is reportedly expressing strong interest in acquiring a 19.9% stake in TAP Air Portugal as the Portuguese government prepares… Read More »
Ryanair Considers Launching Package Holiday Division in 2025
Ryanair, Europe’s leading low-cost carrier, is exploring the possibility of entering the package holiday market, a move that could have… Read More »