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Browse: Home   /   @AirGuide Business   /   Financial Services & Private Equity   /   Page 138

Cruise Industry Achieves Record Economic Impact in 2023

Cruise Industry Achieves Record Economic Impact in 2023

The Cruise Lines International Association (CLIA) has announced that its 2023 Global Economic Impact Study reveals the highest-ever global economic… Read More »

Elevate Aviation Group Focuses on Growth and Personalized Service

Elevate Aviation Group Focuses on Growth and Personalized Service

Elevate Aviation Group, the parent company of Elevate Jet, is looking to expand through strategic acquisitions of Part 135 charter… Read More »

Japan’s JCAS Airways Raises JPY200 Million for Expansion Plans

Japan's JCAS Airways Raises JPY200 Million for Expansion Plans

JCAS Airways, based at Osaka Kansai, has successfully raised JPY200 million (USD 1.3 million) in the final close of its… Read More »

Madagascar Airlines Expects Normal Operations by Week’s End

Madagascar Airlines Expects Normal Operations by Week's End

Madagascar Airlines (MGY, Antananarivo) anticipates a return to normal operations by the end of this week following a series of… Read More »

Nigeria’s Ibom Air Plans Capital Markets Entry After Financial Stability

Nigeria's Ibom Air Plans Capital Markets Entry After Financial Stability

Ibom Air (QI) is eyeing a future entry into the capital markets, but the Akwa Ibom from Nigeria’s State government,… Read More »

TUS Airways Completes Ownership Transfer to New Investors

TUS Airways Completes Ownership Transfer to New Investors

TUS Airways (U8, Larnaca) has officially completed its previously announced ownership transfer, with a new majority stakeholder now in place…. Read More »

Alitalia Employees to be Laid Off as Liquidation Begins

Alitalia Employees to be Laid Off as Liquidation Begins

All employees of the defunct Italian national carrier Alitalia will be laid off by the end of 2024 as the… Read More »

Qantas Supports Qatar Airways Stake in Virgin Australia, with Conditions

Qantas Supports Qatar Airways Stake in Virgin Australia, with Conditions

Qantas Group has announced it does not oppose Qatar Airways’ plan to acquire a 25% stake in Virgin Australia, though… Read More »

Tonga to Restructure Lulutai Airlines as Public Enterprise for Greater Transparency

Tonga to Restructure Lulutai Airlines as Public Enterprise for Greater Transparency

Tongan Prime Minister Siaosi ‘Ofakivahafolau Sovaleni (also known as Hu’akavameiliku) announced that Lulutai Airlines (L8, Tongatapu) will transition into a… Read More »

Urumqi Air to Acquire 40 C909 Aircraft to Boost Regional Fleet

Urumqi Air to Acquire 40 C909 Aircraft to Boost Regional Fleet

Urumqi Air, a low-cost subsidiary of Hainan Airlines, has announced plans to acquire 40 C909 regional aircraft, formerly known as… Read More »

Leasing Company Avia Solutions Orders 80 Boeing 737-8s

Leasing Company Avia Solutions Orders 80 Boeing 737-8s

Avia Solutions Group has announced a firm order for 40 Boeing 737-8 aircraft, along with options for an additional 40,… Read More »

Spirit Airlines Flight Hit by Gunfire, Flight Attendant Injured

Spirit Airlines Flight Hit by Gunfire, Flight Attendant Injured

The U.S. State Department has issued a warning to American citizens regarding travel to Haiti, citing escalating violence and political… Read More »

Air New Zealand and Cathay Pacific Extend Joint Venture for 5 More Years

Air New Zealand and Cathay Pacific Extend Joint Venture for 5 More Years

Air New Zealand and Cathay Pacific have received approval from New Zealand regulators to extend their joint venture alliance for… Read More »

Ethiopian Airlines Solidifies Plans for South Sudan’s National Carrier

Ethiopian Airlines Solidifies Plans for South Sudan's National Carrier

Ethiopian Airlines (ET, Addis Ababa International) and South Sudan have formalized a 2023 Memorandum of Understanding (MoU) to create a… Read More »

Air India Express MD Outlines Regional Focus Post-Merger with Air India

Air India Express MD Outlines Regional Focus Post-Merger with Air India

Air India Express Managing Director Aloke Singh has outlined a strategic route focus following the merger of Tata Group’s low-cost… Read More »

FlySafair Seeks Interdict Against South African Ownership Ruling

FlySafair Seeks Interdict Against South African Ownership Ruling

South Africa’s FlySafair has filed an urgent court application for an interdict against a ruling by the International Air Services… Read More »

EU Court Upholds €1.9M State Aid to TAROM, Dismisses Wizz Air Appeal

EU Court Upholds €1.9M State Aid to TAROM, Dismisses Wizz Air Appeal

The Court of Justice of the European Union (CJEU) has dismissed Wizz Air’s appeal against a €1.9 million ($2 million)… Read More »

IAG Launches €350M Share Buyback, Qatar Airways Sells Stake

IAG Launches €350M Share Buyback, Qatar Airways Sells Stake

International Airlines Group (IAG) has announced a €350 million ($375 million) share buyback program starting November 11, 2024, aiming to… Read More »

Boeing Faces Delays in Restarting Factories After Strike

Boeing Faces Delays in Restarting Factories After Strike

Boeing has announced that it will take several weeks to fully restart its factories following a more than seven-week machinist… Read More »

Hermes Airports Eyes Growth and Year-Round Connectivity

Hermes Airports Eyes Growth and Year-Round Connectivity

At Routes World 2024 in Bahrain, Hermes Airports, the operator of Larnaka and Pafos airports in Cyprus, shared insights into… Read More »

Southwest Airlines to Offer Voluntary Separation to Airport Staff

Southwest Airlines to Offer Voluntary Separation to Airport Staff

Southwest Airlines is offering voluntary separation packages and extended leaves of absence to airport staff in 18 U.S. cities due… Read More »

Trent 1000 Engine Issues Impact Virgin Atlantic, BA Routes

Trent 1000 Engine Issues Impact Virgin Atlantic, BA Routes

Virgin Atlantic and British Airways (BA) are facing further network changes due to ongoing issues with Rolls-Royce Trent 1000 engines,… Read More »

Grand Hyatt Expands Global Portfolio with 10+ New Hotels

Grand Hyatt Expands Global Portfolio with 10+ New Hotels

Grand Hyatt is continuing its global expansion with over 10 new hotels planned through 2027, including the recent openings of… Read More »

Italy and Lufthansa Resolve Impasse, ITA Airways Sale on Track

Italy and Lufthansa Resolve Impasse, ITA Airways Sale on Track

Italy and Lufthansa Group have successfully resolved a last-minute issue that threatened to derail the partial sale of ITA Airways… Read More »

Jet.AI Orders Three Citation Jets and Announces Reverse Stock Split

Jet.AI Orders Three Citation Jets and Announces Reverse Stock Split

Jet.AI Inc., a NASDAQ-listed business aviation operator and software provider, has secured a firm order for three Cessna Citation Jet… Read More »

Volato Retires Aircraft as Part of Fleet Restructuring

Volato Retires Aircraft as Part of Fleet Restructuring

Volato, based at Houston Hobby, has retired its only Gulfstream G280, Cessna Citation Bravo, and standard HondaJet HA-420 from its… Read More »

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