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 »
Fly Jinnah Marks Its International Debut with Islamabad-Sharjah Flights
Fly Jinnah, the emerging low-cost airline in Pakistan, is set to break new ground by launching its first international service,… Read More »
Malaysian Travel Agency Transonic Jet Set to Acquire My Jet Xpress Airlines in Strategic Move
In a significant development within the Malaysian aviation industry, Transonic Jet Sdn Bhd, primarily known for its involvement in the… Read More »
SpiceJet Triumphs in Legal Dispute Against Wilmington Trust Over Insolvency Claims
In a notable legal victory for SpiceJet, the National Company Law Tribunal (NCLT) in India has rejected an insolvency petition… Read More »
SpiceJet’s Strategic Move: Board Approves Major Share and Warrant Issue
In a significant development for Indian aviation, SpiceJet, a prominent airline based in Delhi, has taken a major step in… Read More »
SpaceX Expands Its Fleet with Acquisition of Boeing 737-800 Aircraft
Space Exploration Technologies Corp. (SpaceX), led by visionary entrepreneur Elon Musk, has recently broadened its aviation footprint with the acquisition… Read More »
India’s Newest Airline Fly91 Gears Up for Launch with First ATR72-600 Aircraft
Fly91, an emerging player in the Indian aviation sector, has marked a significant milestone by taking delivery of its first… Read More »
Turkish Airlines Expands Fleet with Addition of Ten Boeing 737-8s Through Lease Agreement
Turkish Airlines has recently announced a strategic move to enhance its fleet. The airline has entered into a dry-lease agreement… Read More »
Tax Issues Loom Over American Samoan Startup Pago Wings
Pago Wings, an emerging airline in American Samoa, is facing legal challenges over an alleged failure to pay excise tax… Read More »
Customers Call for Criminal Probe into Life at Sea Cruises’ Failed 3-Year Voyage
Passengers who invested in what was advertised as the world’s first three-year cruise by Life at Sea Cruises, operated by… Read More »
Critical Sale Deadline Approaches for India’s Struggling Airline Go First as Insolvency Deepens
India’s budget airline Go First (GOW, Mumbai International) faces a crucial moment as its committee of creditors (CoC) has approved… Read More »
Alterna Capital Partners Moves to Declare SpiceJet Insolvent Over Unpaid Debts
Alterna Capital Partners has taken a significant legal step against SpiceJet (SG, Delhi International), seeking to have the airline declared… Read More »
Indian Aviation’s New Entrant Fly91 Finalizes Lease for Two ATR72-600s with DAE Capital
Fly91, an emerging player in the Indian aviation sector based in Goa Dabolim, has marked a significant milestone by finalizing… Read More »
Argentina’s Flybondi Struggles with Fleet Operations Amid Dollar Transaction Delays
Flybondi, Argentina’s prominent ultra-low-cost carrier, has recently faced significant operational challenges due to difficulties in processing US Dollar payments to… Read More »
Major Stake Sale Underway at London Heathrow as Ferrovial and Other Shareholders Move to Divest
London Heathrow Airport (LHR), the UK’s largest and most prominent airport, is witnessing a significant shift in its ownership structure…. Read More »
BlackRock Announces $12.5 Billion Acquisition of Airport Owners Global Infrastructure Partners
BlackRock, the global investment giant, is set to acquire Global Infrastructure Partners (GIP) in a significant deal valued at over… Read More »