Safran Acquires AI Aerospace Firm Preligens for €220 Million
French aerospace giant Safran has announced the acquisition of artificial intelligence firm Preligens for 220 million euros ($243.3 million). The… Read More »
Brazil Approves BRL 5 Billion Credit Support for Airlines
Brazil’s Chamber of Deputies has approved a crucial amendment to the National Civil Aviation Fund (Fundo Nacional de Aviação Civil… Read More »
JetBlue, Spirit, and Frontier Delay Airbus Deliveries to Cut Costs
Several U.S. low-cost carriers, including JetBlue, Spirit Airlines, and Frontier Airlines, are deferring the delivery of dozens of new Airbus… Read More »
JetBlue to Offer Pilot Early Outs Amid Network Reductions for Profitability
JetBlue is set to offer its pilots early retirement packages as part of its broader strategy to scale back operations… Read More »
Airlines Introduce Green Fees to Cover Sustainable Aviation Fuel Costs
In the past, airlines would often impose “fuel surcharges” whenever jet fuel prices spiked, a practice that persisted even when… Read More »
SAS Scandinavian Exits Chapter 11, Joins SkyTeam Alliance
SAS Scandinavian Airlines has officially emerged from Chapter 11 bankruptcy protection in the United States, as well as a similar… Read More »
Air India-Vistara Merger Secures Final Approval, Set for Completion by Year-End
The long-anticipated merger between Air India and Vistara has successfully cleared its final regulatory hurdle, securing approval from the Indian… Read More »
SAS Scandinavian Completes Restructuring with New Ownership and Financing
SAS Scandinavian Airlines has successfully concluded its restructuring process, emerging revitalized from Chapter 11 bankruptcy in the United States and… Read More »
Air Belgium Creditors to Vote on Restructuring Plan
Creditors of Air Belgium (KF) are set to vote on the airline’s reorganisation plan on September 4, 2024, or submit… Read More »
Brazil’s Azul Strategizes Financial Recovery Amid Bankruptcy Considerations
Azul Linhas Aéreas Brasileiras is actively engaging with its primary stakeholders to refine its equity structure and navigate significant financial… Read More »
Qantas to Fully Exercise Options for Embraer E190s Amid Growing Aviation Demand
Qantas is set to fully exercise its remaining four options for Embraer E190 aircraft with Alliance Airlines by the end… Read More »
Russian Aviation Faces Severe Challenges Due to Pilot Shortages, Fuel Rationing, and Parts Scarcity
Russia’s commercial aviation sector is navigating a deepening crisis characterized by pilot shortages, parts scarcity, fuel rationing, and increasing in-flight… Read More »
Kuwait Airways Cuts Expat and Retired Staff to Boost National Employment
Kuwait Airways has announced a strategic move to terminate the contracts of expatriate employees and those within the retirement age… Read More »
Qantas Sells First Class Tickets at 85% Discount Due to Pricing Error
Qantas Airways has recently encountered a major issue with a pricing error that led to hundreds of first-class tickets being… Read More »
AI Stocks Are Soaring, But Don’t Expect AI to Boost the Economy Anytime Soon
While AI stocks are currently outperforming the market, artificial intelligence is unlikely to provide an immediate boost to the economy,… Read More »
Ryanair Faces Millions in Lost Ticket Sales Due to Boeing Delivery Delays
Ryanair, the prominent low-cost airline, is set to lose millions in ticket sales this year, as it grapples with delayed… Read More »
Italy’s Top Court Upholds Ban on Ryanair’s Additional Fees for Accompanying Minors and Disabled
Ryanair has lost its appeal against an Italian regulation prohibiting airlines from imposing extra charges for seat reservations when accompanying… Read More »
Frontier Airlines Secures Leaseback Deal for 15 A320neo Jets
Frontier Airlines, based at Denver International Airport, has finalized a sale-and-leaseback deal with BOC Aviation for 15 Airbus A320-200neo aircraft,… Read More »
Guyana Achieves 66.36% Score in Recent ICAO Aviation Safety Audit
Preliminary results from the latest International Civil Aviation Organisation (ICAO) safety audit indicate that Guyana has achieved a score of… Read More »
Boeing’s New CEO Confronts Starliner Setback and Challenges in Aircraft Production
Kelly Ortberg, the newly appointed CEO of Boeing, faces significant hurdles as he steps into his role, with recent setbacks… Read More »
Koala Airlines Aims to Break Australia’s Aviation Duopoly with Innovative Strategy
Australia’s commercial aviation sector has long been a challenging environment for new entrants, often described as an “airline graveyard” due… Read More »
LATAM Airlines Colombia Grapples with Fuel Shortage Amid National Crisis
LATAM Airlines Colombia is facing a significant disruption in its operations due to an aviation fuel shortage that has impacted… Read More »