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Browse: Home   /   @AirGuide Business   /   Financial Services & Private Equity   /   Page 117

SaxonAir Charter Expands Fleet with First Citation XLS+ Jet

SaxonAir Charter Expands Fleet with First Citation XLS+ Jet

UK-based SaxonAir Charter has expanded its fleet with the addition of its first Citation XLS+, registered as G-VJTA (msn 560-6165),… Read More »

Lufthansa Acquires 10% Stake in airBaltic to Expand Europe

Lufthansa Acquires 10% Stake in airBaltic to Expand Europe

Germany’s Lufthansa Group has officially acquired a 10% stake in Riga-based Latvian flag carrier airBaltic, marking a significant step in… Read More »

Wizz Air Q3 Loss Deepens Amid Fleet Challenges

Wizz Air Q3 Loss Deepens Amid Fleet Challenges

Hungarian ultra-low-cost carrier Wizz Air reported a steep net loss of €241.1 million for the third quarter of fiscal year… Read More »

Routes Asia Awards 2025: Best Routes & Destinations

Routes Asia Awards 2025: Best Routes & Destinations

The highly anticipated Routes Asia Awards 2025 are set to celebrate excellence in route development and marketing across the aviation… Read More »

Schiphol Secures €175M EIB Loan for Baggage Upgrade

Schiphol Secures €175M EIB Loan for Baggage Upgrade

Amsterdam Airport Schiphol (AMS) has secured a pivotal €175 million ($182 million) loan agreement with the European Investment Bank (EIB)… Read More »

Mokulele Airlines to Fully Resume Flights by February 3, 2025

Mokulele Airlines to Fully Resume Flights by February 3, 2025

Mokulele Airlines has announced it will resume full operations by February 3, 2025, following a fleet-wide grounding in mid-January due… Read More »

UK’s One Air Completes First Revenue Cargo Flight to the U.S.

UK’s One Air Completes First Revenue Cargo Flight to the U.S.

One Air, the UK-based cargo airline, has successfully operated its first revenue service between the United Kingdom and the United… Read More »

LEGO’s Jet Division to Close Amid Low Demand, Sustainability Push

LEGO’s Jet Division to Close Amid Low Demand, Sustainability Push

Kirkbi A/S, the majority shareholder of the LEGO Group, will shut down its corporate jet division by February 28, 2025,… Read More »

Boom’s XB-1 Achieves Supersonic Flight in Major Milestone

Boom’s XB-1 Achieves Supersonic Flight in Major Milestone

Boom Supersonic’s XB-1 demonstrator successfully reached supersonic speeds, marking a key step toward the development of the Mach 1.7 Overture… Read More »

Boeing Faces $4 Billion Q4 2024 Loss Amid Recovery Efforts

Boeing Faces $4 Billion Q4 2024 Loss Amid Recovery Efforts

Boeing reported a staggering nearly $4 billion loss for the fourth quarter of 2024, marking its sixth consecutive annual deficit…. Read More »

AirAsia X Extends Acquisition Timeline and Seeks Additional Funding

AirAsia X Extends Acquisition Timeline and Seeks Additional Funding

AirAsia X (D7), headquartered at Kuala Lumpur International Airport, has secured an additional two months to finalize its proposed acquisition… Read More »

Cathay Pacific Seeks New Widebody Aircraft from Boeing and Airbus

Cathay Pacific Seeks New Widebody Aircraft from Boeing and Airbus

Cathay Pacific (CX), Hong Kong’s flagship carrier, has officially issued a request for proposal (RfP) to aerospace giants Boeing and… Read More »

Frontier Proposes $2.9B Merger with Spirit Airlines

Frontier Proposes $2.9B Merger with Spirit Airlines

Frontier Group Holdings, Inc., the parent company of Frontier Airlines (F9, Denver International), has renewed its proposal to merge with… Read More »

ACASS Ireland Sues Businessmen Over Jet Management Dispute

ACASS Ireland Sues Businessmen Over Jet Management Dispute

Irish aircraft management firm ACASS Ireland Ltd, based in Shannon, has initiated legal action against two businessmen, Tommy Kelly and… Read More »

Russia’s MC-21 Airliner Delayed Again, Serial Production Set for 2026

Russia’s MC-21 Airliner Delayed Again, Serial Production Set for 2026

Russia’s MC-21 airliner will not enter serial production until at least 2026, according to Sergei Chemezov, the head of Rostec,… Read More »

SH Hotels Rebrands to Starwood, Honoring Iconic Legacy

SH Hotels Rebrands to Starwood, Honoring Iconic Legacy

SH Hotels & Resorts is set to undergo a significant transformation as it announces the rebranding of its company name… Read More »

UK Backs Heathrow Third Runway Amid Controversy

UK Backs Heathrow Third Runway Amid Controversy

The UK government has thrown its full support behind London Heathrow’s long-discussed third runway, marking a pivotal moment in the… Read More »

Alaska Airlines and Cathay Pacific Reward Employees with Bonuses

Alaska Airlines and Cathay Pacific Reward Employees with Bonuses

Alaska Airlines and Cathay Pacific have both announced significant bonuses for their employees, recognizing their hard work and dedication in… Read More »

UK Finance Minister Backs Heathrow’s Third Runway to Boost Economy

UK Finance Minister Backs Heathrow's Third Runway to Boost Economy

UK Finance Minister Rachel Reeves has announced support for the long-delayed expansion of London’s Heathrow Airport, including the construction of… Read More »

Boeing’s Air Force One Program Over Budget and Delayed

Boeing's Air Force One Program Over Budget and Delayed

Boeing’s Air Force One program is facing significant challenges, being over budget by more than $2 billion and delayed for… Read More »

Hyatt Closes Andaz Riviera Maya, Rebrands as Alila Resort

Hyatt Closes Andaz Riviera Maya, Rebrands as Alila Resort

Hyatt Hotels Corporation has announced the closure of the Andaz Riviera Maya Resort in the Mexican Caribbean, marking the end… Read More »

Marriott Reports Strong 2024 Growth

Marriott Reports Strong 2024 Growth

Marriott International, Inc. celebrated a robust 2024 with a net rooms growth of 6.8 percent, expanding its global portfolio to… Read More »

American Airlines Suspends Three Routes Amid Boeing 787 Delivery Delays

American Airlines Suspends Three Routes Amid Boeing 787 Delivery Delays

American Airlines (AA), based at Dallas/Fort Worth International Airport, has announced the suspension of three international routes for the upcoming… Read More »

Emirates CEO Urges Airbus to Revive Fuel-Efficient A380

Emirates CEO Urges Airbus to Revive Fuel-Efficient A380

Emirates CEO Tim Clark has called on Airbus to develop an upgraded version of the Airbus A380, citing the demand… Read More »

Major Airlines Eye Investment in GOL Amid Bankruptcy

Major Airlines Eye Investment in GOL Amid Bankruptcy

Air France-KLM, American Airlines, IAG International Airlines Group, Lufthansa Group, and United Airlines are showing strong interest in investing in… Read More »

Ryanair Expects Boeing to Boost 737 MAX Output to 38 Monthly

Ryanair Expects Boeing to Boost 737 MAX Output to 38 Monthly

Ryanair expects Boeing to ramp up production of its 737 MAX aircraft to 38 units per month by the end… Read More »

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