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Browse: Home   /   @AirGuide Business   /   Financial Services & Private Equity   /   Page 119

Akasa Air Grounds Pilots Amid Slow 737 MAX Deliveries

Akasa Air Grounds Pilots Amid Slow 737 MAX Deliveries

Indian low-cost carrier Akasa Air is facing operational challenges as it grounds hundreds of pilots due to a slowdown in… Read More »

Boardy AI Secures $8M Seed Funding After $3M Pre-Seed

Boardy AI Secures $8M Seed Funding After $3M Pre-Seed

Boardy AI, an AI-powered networking platform, has raised $8 million in a seed funding round led by Creandum, just months… Read More »

Paxport Acquires Minority Stake in PnrGo to Expand Passenger Data Services

Paxport Acquires Minority Stake in PnrGo to Expand Passenger Data Services

Flight content specialist Paxport Group has acquired a minority stake in passenger data company PnrGo, marking a significant step in… Read More »

SriLankan Unveils New 5-Year Vision

SriLankan Unveils New 5-Year Vision

State-owned SriLankan Airlines (UL), based at Colombo International, has charted a bold new course with the announcement of a comprehensive… Read More »

Delta Air to Award $1.4B Profit Sharing Bonus

Delta Air to Award $1.4B Profit Sharing Bonus

Delta Air Lines is set to reward its eligible employees with an average of five weeks’ additional pay from the… Read More »

Lufthansa, Thai Expand Codeshare for Asia

Lufthansa, Thai Expand Codeshare for Asia

Lufthansa and Thai Airways International have expanded their codeshare program to boost connectivity between Europe and Asia. This latest development… Read More »

Canadair Firefighting Aircraft Repaired After Drone Collision

Canadair Firefighting Aircraft Repaired After Drone Collision

A Canadair CL-415 “Super Scooper” that collided with a private drone while battling the massive Palisades fire in Los Angeles… Read More »

Inside the World of Aero Engines: The Four Powerhouse Manufacturers

Inside the World of Aero Engines: The Four Powerhouse Manufacturers

While commercial aircraft manufacturing is dominated by industry titans Boeing and Airbus, the engine market features an equally elite group… Read More »

EU Flight Delays Cost Billions in Passenger Compensation

EU Flight Delays Cost Billions in Passenger Compensation

Recent data from Skycop.com reveals that nearly 218,000 departing flights in the EU, EEA, and the UK experienced delays of… Read More »

Boeing Delivery Decline Deepens Amid Supply Challenges

Boeing Delivery Decline Deepens Amid Supply Challenges

Boeing’s 2024 aircraft deliveries tumbled to 348 jetliners, roughly one-third below the previous year’s figures, as the aerospace giant struggled… Read More »

Southwest Cuts Internships and Hiring to Boost Profits

Southwest Cuts Internships and Hiring to Boost Profits

Southwest Airlines is tightening its belt as part of a comprehensive cost-cutting plan, pausing most of its summer internships along… Read More »

Brazil’s Viracopos: Gateway for New Routes

Brazil’s Viracopos: Gateway for New Routes

Brazil’s Campinas Viracopos International Airport (VCP) is emerging as a key hub for new route opportunities, offering tremendous potential for… Read More »

Planesmart Retires Sole Citation Jet

Planesmart Retires Sole Citation Jet

Planesmart! Aviation has streamlined its operations by retiring its only Citation Jet from its Part 135-certified fleet, according to recent… Read More »

Mayo Aviation Cuts Phenom 300, Streamlines Fleet

Mayo Aviation Cuts Phenom 300, Streamlines Fleet

Mayo Aviation, based at Denver Centennial, has streamlined its charter fleet by retiring its sole Embraer Phenom 300 from its… Read More »

Premier Air Charter Retires Citation Jet 1

Premier Air Charter Retires Citation Jet 1

Premier Air Charter, headquartered at San Diego McClellan Palomar, has officially retired its sole Citation Jet 1, marking a significant… Read More »

NovoAir Faces Fleet Expansion Challenges Amid Aircraft Shortages

NovoAir Faces Fleet Expansion Challenges Amid Aircraft Shortages

NovoAir, the regional carrier based in Dhaka (VQ), is grappling with significant fleet expansion hurdles as a shortage of available… Read More »

Nepal Airlines Reforms Under Minister Pandey

Nepal Airlines Reforms Under Minister Pandey

Nepal’s aviation landscape is on the brink of transformation as newly appointed civil aviation minister Badri Pandey vows to overhaul… Read More »

Air Wisconsin Ends CPA, Focuses on EAS

Air Wisconsin Ends CPA, Focuses on EAS

Air Wisconsin is making a strategic pivot by terminating its current Capacity Purchase Agreement (CPA) with American Airlines by early… Read More »

Advance Aviation Orders Gulfstream G280 Upgrade

Advance Aviation Orders Gulfstream G280 Upgrade

Business jet operator Advance Aviation (AAX) from Bangkok’s Don Mueang is set to expand its service offerings with the recent… Read More »

North-West Aircompany Adds Global Express XRS

North-West Aircompany Adds Global Express XRS

North-West Aircompany (0E), based in St. Petersburg, has significantly expanded its fleet with the addition of its first Global Express… Read More »

Boeing Trails Airbus with 348 Aircraft Deliveries in 2024

Boeing Trails Airbus with 348 Aircraft Deliveries in 2024

Boeing reported delivering 348 commercial aircraft in 2024, significantly trailing its rival Airbus, which achieved 766 deliveries, a 4% increase… Read More »

Korean Air Delays A380 Retirement Amid High Demand

Korean Air Delays A380 Retirement Amid High Demand

Korean Air has reportedly decided to postpone the retirement of its seven Airbus A380-800 aircraft, originally planned for 2026, due… Read More »

FlySafair Under Investigation for Overbooking Practices

FlySafair Under Investigation for Overbooking Practices

South Africa’s National Consumer Commission (NCC) has launched an investigation into FlySafair over allegations of overbooking and overselling. The probe… Read More »

Juniper Group Expands Travel Tech Portfolio with InteRES Acquisition

Juniper Group Expands Travel Tech Portfolio with InteRES Acquisition

Juniper Group has acquired Germany-based connectivity and retailing specialist InteRES, marking its third acquisition in under a year. The financial… Read More »

LATAM Airlines Group Hits Record Passenger Numbers in 2024

LATAM Airlines Group Hits Record Passenger Numbers in 2024

LATAM Airlines Group has reported record-breaking growth in 2024, transporting an impressive 82 million passengers over the 12-month period ending… Read More »

VietJet Boosts Capacity for Busy Lunar New Year

VietJet Boosts Capacity for Busy Lunar New Year

Vietnamese low-cost carrier VietJet Air is ramping up its operations ahead of the highly anticipated Lunar New Year, a period… Read More »

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