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Browse: Home   /   @AirGuide Business   /   Financial Services & Private Equity   /   Page 136

Tasman Cargo Seeks Unlimited Hong Kong Cargo Rights

Tasman Cargo Seeks Unlimited Hong Kong Cargo Rights

Tasman Cargo Airlines (HJ, Sydney Kingsford Smith) has formally requested the International Air Services Commission (IASC) in Australia to approve… Read More »

Indonesia’s Sriwijaya Air Co-Founder Arrested Amid Corruption Investigation

Indonesia's Sriwijaya Air Co-Founder Arrested Amid Corruption Investigation

Hendry Lie, co-founder of Sriwijaya Air (SJ,), was arrested by officials from Indonesia’s Attorney General’s Office on November 18, 2024,… Read More »

Thai SmartLynx Secures Licence, Plans ACMI Launch in 2025

Thai SmartLynx Secures Licence, Plans ACMI Launch in 2025

Thai SmartLynx Airlines (Bangkok Suvarnabhumi) has obtained its operator’s licence from the Civil Aviation Authority of Thailand (CAAT), paving the… Read More »

Fly Sirius Plans $100 Million Fundraise for Fleet Expansion

Fly Sirius Plans $100 Million Fundraise for Fleet Expansion

Fly Sirius (Delhi International) is set to raise USD 100 million through debt and other financial instruments to support its… Read More »

UK Sanctions Force IranAir to Suspend Flights to Europe

UK Sanctions Force IranAir to Suspend Flights to Europe

IranAir (IR, Tehran Mehrabad) has suspended its last remaining scheduled route to Europe beyond Türkiye following sanctions imposed by the… Read More »

Nordica and Xfly to File for Bankruptcy After Investor Talks Fail

Nordica and Xfly to File for Bankruptcy After Investor Talks Fail

Nordic Aviation Group, operating as Nordica (ND, Tallinn Lennart Meri), and its subsidiary Xfly (EE, Tallinn Lennart Meri) will file… Read More »

Execaire Aviation Expands Operations to US, Eyes Global Growth

Execaire Aviation Expands Operations to US, Eyes Global Growth

Execaire Aviation (Montréal Trudeau) is strategically exploring growth opportunities outside Canada, primarily focusing on the United States as the Canadian… Read More »

AirMed to Replace Hawker 800s with Challenger 605s

AirMed to Replace Hawker 800s with Challenger 605s

AirMed International (MEJ, Birmingham, AL) has announced plans to replace its existing fleet of Hawker 800 aircraft with Bombardier Business… Read More »

Delta Air Lines Projects Revenue and Capacity Growth for 2025

Delta Air Lines Projects Revenue and Capacity Growth for 2025

Delta Air Lines has unveiled its outlook for 2025, projecting mid-single-digit revenue growth, aligning with analyst expectations of approximately 6%… Read More »

Etihad Plans $1 Billion Fleet Retrofit Amid Record Growth

Etihad Plans $1 Billion Fleet Retrofit Amid Record Growth

Etihad Airways has unveiled plans to invest nearly $1 billion in refurbishing its older Boeing 777-300ER and 787 Dreamliner fleets…. Read More »

Boeing Layoffs Hit Washington Workforce Amid $6.17B Loss

Boeing Layoffs Hit Washington Workforce Amid $6.17B Loss

Boeing has laid off 2,199 employees in Washington state as part of its workforce reduction measures, according to a notice… Read More »

Rayan Air Signs LOI for MRO Facility at Bahrain Airport

Rayan Air Signs LOI for MRO Facility at Bahrain Airport

Florida-based Rayan Air has signed a letter of intent (LOI) with Bahrain Airport Company (BAC) to establish a maintenance, repair,… Read More »

Virgin Australia Defends Qatar Alliance, Plans Long-Haul Expansion

Virgin Australia Defends Qatar Alliance, Plans Long-Haul Expansion

Virgin Australia has responded to concerns about its proposed alliance with Qatar Airways, emphasizing the partnership’s potential to boost competition… Read More »

Wheels Up Secures $332M Financing, Acquires GrandView’s Phenom Fleet

Wheels Up Secures $332M Financing, Acquires GrandView’s Phenom Fleet

Wheels Up has finalized a $332 million revolving financing facility with Bank of America, enabling the acquisition of 17 Embraer… Read More »

Spirit Airlines Refocuses on Fort Lauderdale, Plans Network Overhaul

Spirit Airlines Refocuses on Fort Lauderdale, Plans Network Overhaul

Spirit Airlines, undergoing a prearranged Chapter 11 restructuring, has announced plans to significantly realign its network, focusing on core markets… Read More »

Top Shareholder Questions Thai Airways’ Capital Injection Plan

Top Shareholder Questions Thai Airways' Capital Injection Plan

Thai Airways International’s largest shareholder, the Ministry of Finance, is reconsidering the need for a capital increase, citing the airline’s… Read More »

Spirit Airlines Files for Bankruptcy Protection, Continues Flying

Spirit Airlines Files for Bankruptcy Protection, Continues Flying

Spirit Airlines has filed for Chapter 11 bankruptcy protection, becoming the first major U.S. passenger carrier to do so since… Read More »

Etihad to End Virgin Australia Partnership by Mid-2025

Etihad to End Virgin Australia Partnership by Mid-2025

Etihad Airways has announced it will terminate its unilateral codeshare and frequent flier partnership with Virgin Australia by mid-2025. Starting… Read More »

Priester Aviation Targets Family-Owned Firms for Strategic Takeovers

Priester Aviation Targets Family-Owned Firms for Strategic Takeovers

Priester Aviation, headquartered at Chicago Executive Airport, is actively pursuing acquisitions of family-owned aircraft management and charter companies, chairman Andy… Read More »

Surf Air Mobility Raises $50M to Address Liquidity Challenges

Surf Air Mobility Raises $50M to Address Liquidity Challenges

Surf Air Mobility, the parent company of Surf Air, Mokulele Airlines, and Southern Airways Express, has secured a $50 million… Read More »

Southwest Cuts Expected 737 Max Deliveries for 2025 Amid Boeing Delays

Southwest Cuts Expected 737 Max Deliveries for 2025 Amid Boeing Delays

Southwest Airlines has revised its 2025 delivery forecast for Boeing 737 MAX aircraft, anticipating fewer arrivals due to ongoing production… Read More »

airBaltic Delays IPO to First Half of 2025 Amid Market Concerns

airBaltic Delays IPO to First Half of 2025 Amid Market Concerns

Latvia’s airBaltic has postponed its long-anticipated dual-listing IPO to the first half of 2025, citing unfavorable market conditions. CEO Martin… Read More »

American and JetBlue Hope for NE Partnership Amid Legal Hurdles

American and JetBlue Hope for NE Partnership Amid Legal Hurdles

Despite a recent federal court ruling against their Northeast Alliance, American Airlines and JetBlue Airways remain optimistic about a future… Read More »

Etihad Plans $1B Cabin Retrofits for Boeing 777, 787 Fleets

Etihad Plans $1B Cabin Retrofits for Boeing 777, 787 Fleets

Etihad Airways is set to invest $1 billion in retrofitting around 50 aircraft, focusing initially on its Boeing 787 and… Read More »

Garuda Indonesia Appoints Captain Wamildan Tsani Panjaitan as New CEO

Garuda Indonesia Appoints Captain Wamildan Tsani Panjaitan as New CEO

Garuda Indonesia has officially announced the appointment of Captain Wamildan Tsani Panjaitan as its new CEO, replacing Irfan Setiaputra. The… Read More »

Boeing Announces Major Workforce Cuts Amid Structural Changes

Boeing Announces Major Workforce Cuts Amid Structural Changes

Boeing has begun a significant round of workforce reductions, issuing termination notices to over 400 employees as part of a… Read More »

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