Lynx Air’s Last-Ditch Merger Attempt with Flair Airlines to Alleviate Shareholder Debt Unravels
In the face of mounting financial woes, Lynx Air, based in Calgary, engaged in preliminary discussions with Flair Airlines for… Read More »
Lynx Air Seeks Bankruptcy Protection Amid Financial Struggles
Lynx Air, operating from Calgary, has announced its decision to cease operations and file for bankruptcy, citing a series of… Read More »
Eastern Airlines Relocates Headquarters to Kansas City, Missouri
Eastern Airlines has chosen Kansas City International in Missouri as the new home for its headquarters, marking a significant consolidation… Read More »
Vietjet Expands Fleet with a $5.9 Billion Deal for 20 Airbus A330-900 Aircraft
Airbus has announced a significant deal with Vietnamese airline Vietjet Air, marking a pivotal moment in the aviation industry. Vietjet… Read More »
Hyatt Revamps Americas Leadership to Boost Customer Experience and Business Efficiency
In a strategic move to bolster its growth and operational efficiency, Hyatt has unveiled a new organizational structure and senior… Read More »
Strategic Value Partners Acquires Hornblower Group Amid Restructuring
Strategic Value Partners, LLC (SVP) has acquired Hornblower Group, the parent company of American Queen Voyages, marking a significant shift… Read More »
Hawaiian Holdings Shareholders Greenlight Merger with Alaska Air Group
In a significant development for the aviation industry, shareholders of Hawaiian Holdings, Inc., the parent company of Hawaiian Airlines, have… Read More »
Hawaiian Airlines Welcomes First Boeing 787-9 to Its Fleet
Hawaiian Airlines celebrated a significant fleet milestone with the delivery of its first Boeing 787-9, marking the beginning of a… Read More »
Inside a Private Jet Club Where Everything Went Wrong
AeroVanti vowed to shake up private aviation with way-below-market rates, but it kept canceling the flights. Customers, employees and contractors… Read More »
Spirit Airlines and Bondholders Gear Up for Debt Negotiations
Spirit Airlines (NK, Fort Lauderdale International) and its bondholders are actively seeking advisory services in preparation for upcoming discussions concerning… Read More »
Finnair Set to Expand Capacity by Over 10% in 2024 with A320 Fleet Reinforcement
Finnair, the Finnish flag carrier, is gearing up for a significant capacity increase of more than 10% in 2024, primarily… Read More »
Princess Cruises Announces Delay in Sun Princess Maiden Voyage, Offers Compensation to Guests
Princess Cruises has officially taken delivery of the much-anticipated Sun Princess, the latest addition to its fleet. However, in a… Read More »
Botswana Government Allocates $8.8 Million to Support Air Botswana in 2024-2025
The Government of Botswana has earmarked BWP121.2 million pula (approximately USD8.8 million) in development expenditure for Air Botswana as part… Read More »
AirBaltic Faces Tight Deadline to Repay €200 Million Bond Debt Amid Plans for Stock Exchange Listing
Latvia’s national airline, airBaltic, is on a six-month deadline to secure €200 million (approximately USD215.5 million) to repay investors for… Read More »
Western Sanctions Impact: Russian Airlines Struggle with Aircraft Maintenance and Safety
Russian airlines are grappling with significant maintenance and safety challenges as Western sanctions hinder access to vital repair services and… Read More »
Ryanair Cites Fee Increases as Reason for Closing Ponta Delgada Base in the Azores
Ryanair has announced it will not be reopening its seasonal base in Ponta Delgada, Azores, this upcoming summer, attributing the… Read More »
Mango Airlines Sale Moves Forward Amid Legal Disputes in South Africa
Sipho Sono, the appointed business rescue practitioner for Mango Airlines, has declared his intention to finalize the sale of the… Read More »
Akasa Air Eyes $300 Million Debt Financing to Fuel Expansion
India’s burgeoning airline, Akasa Air, is setting its sights on securing around USD 300 million through structured credit, as per… Read More »
Pakistan Moves Forward with PIA Privatisation Amid Election and IMF Concerns
In a significant step towards reform, Pakistan’s interim government has approved the partial privatisation of Pakistan International Airlines (PIA), pushing… Read More »
SpiceJet Ordered to Pay $6 Million to Former Promoter Maran Amid Legal Battle
In the latest development of the prolonged legal struggle between SpiceJet and its former promoter, Kalanithi Maran, the Delhi High… Read More »
Bahamas to End Tax-Free Status for Cruise Line Private Islands Starting March 2024
In a significant policy shift, the Bahamas government is set to revoke the tax-free privileges that many cruise lines have… Read More »
Denmark’s DAT Secures Canadian Operations Certificate, Eyes ACMI Market Expansion
Denmark-based DAT has achieved a significant milestone in its international expansion strategy by obtaining a Foreign Air Operator Certificate (FAOC)… Read More »