Delta CEO Ed Bastian Addresses IT Outage and Plans to Seek Damages from CrowdStrike
Delta Air Lines CEO Ed Bastian revealed that the recent IT outage cost the airline $500 million in lost revenue… Read More »
Spirit Airlines Announces Pilot Furloughs Following Q2 Financial Challenges
Spirit Airlines has disclosed plans to furlough hundreds of pilots in the wake of disappointing financial results for the second… Read More »
Volaris CEO Acquires Additional Shares
Enrique Javier Beltranena Mejicano, CEO of Volaris (Y4, México City International), has increased his stake in the airline by acquiring… Read More »
Airlink Refutes Speculation of Firm Investment Deal with Qatar Airways
Airlink (South Africa) (4Z) has dismissed ongoing speculation about a potential investment from Qatar Airways (QR). Despite reports suggesting that… Read More »
Cebu Pacific Strategically Uses Paid-In Capital to Erase PHP16.27 Billion Deficit
Cebu Pacific Air (5J, Manila Ninoy Aquino International) is taking significant financial steps to enhance its balance sheet by using… Read More »
Philippine Airlines Plans Major Fleet Expansion to Meet Rising Demand
Philippine Airlines (PR, Manila Ninoy Aquino International) is poised for significant expansion, as the airline’s CEO, Stanley Ng, revealed plans… Read More »
Islamabad Outlines Attractive Terms for Potential Sale of Pakistan International Airlines
The government of Pakistan has proposed buyer-friendly conditions for acquiring a majority stake in PIA – Pakistan International Airlines (PK,… Read More »
Philippine Airlines Considering Large 75 Aircraft Order to Meet Growing Demand
Philippine Airlines (PR) is considering placing a substantial aircraft order to accommodate an anticipated increase in passenger demand. CEO Stanley… Read More »
AI Impersonation of Al Michaels Delivers Stellar Performance in Olympic Highlights
Artificial intelligence has found yet another intriguing application: delivering play-by-play commentary for Olympic highlights in the voice of legendary sportscaster… Read More »
Mentioning AI in Product Descriptions May Deter Consumers, Study Finds
While artificial intelligence (AI) is becoming increasingly prevalent across various industries, a recent study from Washington State University (WSU) suggests… Read More »
Rex Regional Express Ends Boeing 737 Operations and Enters Administration
Australian airline Rex, which entered voluntary administration on July 30, will affect 11 domestic routes. However, other operators will continue… Read More »
AI Mastery: Essential Skills for the Future as Recommended by Billionaire Alexandr Wang
Alexandr Wang, the co-founder of the AI startup ScaleAI, now valued at $14 billion, has shared critical insights on the… Read More »
Amazon’s Cloud Division Thrives on AI Demand, Despite Overall Revenue Shortfall
Amazon Web Services (AWS), the cloud computing arm of Amazon, has reported a robust 19% increase in revenue year-over-year, driven… Read More »
Regional Express Faces Financial Challenges, Enters Trading Halt on ASX
Regional Express (Rex), a prominent Australian airline, has entered a trading halt on the Australian Stock Exchange (ASX) amid significant… Read More »
Rabat Urges Royal Air Maroc to Expedite Fleet Growth for Tourism
Royal Air Maroc (RAM), based in Casablanca Mohamed V, is being urged by Rabat to accelerate its fleet expansion to… Read More »
Aeromexico Boosts U.S. Routes Despite Joint Venture Concerns
Aeromexico is set to broaden its U.S. service offerings for the upcoming northern winter season, despite ongoing uncertainty regarding its… Read More »
Will Airbus Win Flydubai’s Next Aircraft Order?
Flydubai (FZ) is evaluating its options for a significant new aircraft order, with both Airbus and Boeing in the running,… Read More »
SpiceJet’s Board Greenlights ₹30 Billion Capital Injection
SpiceJet (SG) has received board approval for a major capital raising initiative, amounting to INR30 billion (USD358 million), as of… Read More »
Philippines’ Cebu Pacific Confirms Talks to Buy AirSWIFT
Cebu Pacific Air, a major player in the Philippine aviation industry, has announced it is in active discussions to acquire… Read More »
Ryanair Pushes for Higher Passenger Cap to Boost Regional Airport Funding
Ryanair has urged the Irish government to increase the passenger cap on its Regional Airports Program, which currently limits funding… Read More »
Saudia Group Secures 50 Electric Air Taxis from Lilium in Landmark $450 Million Deal
Saudia Group, a major airline based in Saudi Arabia, has confirmed a substantial order with Germany’s Lilium for 50 electric… Read More »
Meta, Apple, Microsoft Enhance AI Transparency Under Increasing Scrutiny
As demands for accountability intensify, major tech companies like Meta Platforms Inc., Apple Inc., and Microsoft Corp. are stepping up… Read More »