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Browse: Home   /   @AirGuide Business   /   Financial Services & Private Equity   /   Page 139

Australia’s Rex Seeks Voluntary Administration Extension to Secure Future

Australia's Rex Seeks Voluntary Administration Extension to Secure Future

Rex – Regional Express administrators have announced plans to apply to the Australian Federal Court for an extension of its… Read More »

Oura CEO: Apple Unlikely to Enter Smart Ring Market Soon

Oura CEO: Apple Unlikely to Enter Smart Ring Market Soon

Despite rumors, Apple is not likely to launch a smart ring, according to Oura’s CEO, Tom Hale. Speaking at the… Read More »

airBaltic Reports Record Passengers and Expands Fleet with A220

airBaltic Reports Record Passengers and Expands Fleet with A220

Latvian-based carrier airBaltic has announced record-breaking passenger numbers and load factors for October 2024, marking a significant milestone in the… Read More »

Australian Government Grants AUD $80 Million to Support Rex Airlines

Australian Government Grants AUD $80 Million to Support Rex Airlines

The Australian government has provided a financial lifeline to Rex Airlines, granting AUD $80 million (USD $52.3 million) to support… Read More »

Singapore Airlines Reports 50% Profit Drop, Shares Fall

Singapore Airlines Reports 50% Profit Drop, Shares Fall

Singapore Airlines (SIA) saw a nearly 50% drop in net profit for the first half of the fiscal year, from… Read More »

New Delhi’s Noida International Airport Set to Open in 2025

New Delhi's Noida International Airport Set to Open in 2025

Noida International Airport (DXN), located near New Delhi, is on track to begin commercial operations in the coming months. Initially,… Read More »

Vistara to Cease Operations as Independent Airline, Merged with Air India

Vistara to Cease Operations as Independent Airline, Merged with Air India

November 11, 2024, marks the final day of Vistara’s operations as an independent airline, following its merger into the Air… Read More »

KLM Royal Dutch Airlines Eyes Future for Catering Subsidiary

KLM Royal Dutch Airlines Eyes Future for Catering Subsidiary

KLM Royal Dutch Airlines (KL) is actively exploring strategic options for its subsidiary, KLM Catering Services (KCS), as part of… Read More »

SpiceJet Ordered to Pay ₹317mn in Hajj Dispute

SpiceJet Ordered to Pay ₹317mn in Hajj Dispute

India’s Delhi High Court has ruled that SpiceJet must pay INR317 million (USD3.77 million), along with interest, to Aerocare Aviation… Read More »

Crystal Cruises Orders Third Ship, Expanding Fleet for 2028 Delivery

Crystal Cruises Orders Third Ship, Expanding Fleet for 2028 Delivery

Crystal Cruises has confirmed the addition of a third ship to its fleet, exercising an option to build an extra… Read More »

Riyadh Air to Finalize Deal for More Widebody Aircraft in 2025

Riyadh Air Orders 120 CFM LEAP-1A Engines for A321neo Fleet

Saudi startup airline Riyadh Air has confirmed that it will re-enter negotiations with top aircraft manufacturers for additional widebody aircraft… Read More »

US Passenger Sues EgyptAir for $5 Million Over Burns from Hot Tea Spill

US Passenger Sues EgyptAir for $5 Million Over Burns from Hot Tea Spill

A U.S. resident has filed a lawsuit against EgyptAir for $5 million after sustaining second-degree burns from a hot tea… Read More »

GOL Airlines Cuts Debt by $2.5 Billion in Chapter 11 Restructuring

GOL Airlines Cuts Debt by $2.5 Billion in Chapter 11 Restructuring

GOL Linhas Aéreas Inteligentes (G3) and its parent company, Abra Group, have announced a support agreement that will allow the… Read More »

Uganda Airlines Maintains Operations Amid Fuel Payment Dispute

Uganda Airlines Maintains Operations Amid Fuel Payment Dispute

Uganda Airlines has reassured passengers that its operations will proceed without interruption despite an ongoing dispute with fuel supplier MixJet… Read More »

ACASS Canada Expands AOCs for Tailored Private Clients

ACASS Canada Expands AOCs for Tailored Private Clients

ACASS Canada is leveraging its Air Operator Certificates (AOCs) in Canada, Ireland, and San Marino to offer customized solutions for… Read More »

Pakistan’s PIA Sale Stalls Amid Low Bid from Developer

Pakistan's PIA Sale Stalls Amid Low Bid from Developer

Pakistan’s recent attempt to privatize its national carrier, Pakistan International Airlines (PIA), has faced yet another setback. Despite efforts to… Read More »

Aeroméxico Launches $1.1B Private Note Offering

Aeroméxico Launches $1.1B Private Note Offering

Grupo Aeroméxico, the parent company of Aeroméxico, has announced a private offering totaling over $1.1 billion in senior secured notes,… Read More »

Airbus Orders and Deliveries Surge in October 2024

Airbus Orders and Deliveries Surge in October 2024

Airbus has reported strong order and delivery numbers for October 2024, surpassing its performance in September. The manufacturer received 82… Read More »

Falkland Islands Government Orders Four New BN2B-26 Islanders

Falkland Islands Government Orders Four New BN2B-26 Islanders

Britten-Norman has secured a tentative $9.75 million agreement with the Falkland Islands government to deliver four new BN2B-26 Islander aircraft…. Read More »

IAG Reports Strong Q3 Profits and Positive Outlook for 2024

IAG Reports Strong Q3 Profits and Positive Outlook for 2024

International Airlines Group (IAG), the parent company of British Airways and Iberia, has posted impressive third-quarter pre-tax profits of over… Read More »

flydubai and Batik Air Malaysia Launch Global Partnership

flydubai and Batik Air Malaysia Launch Global Partnership

flydubai and Batik Air Malaysia have entered into a new global partnership aimed at offering passengers access to 80 destinations… Read More »

Las Vegas Hotel-Casino Giants Fall Short of Q3 Revenue Expectations

Las Vegas Hotel-Casino Giants Fall Short of Q3 Revenue Expectations

Three major Las Vegas hotel-casino operators—Caesars Entertainment, MGM Resorts International, and Wynn Resorts—failed to meet Wall Street’s revenue expectations for… Read More »

Cathay Pacific Evaluates Boeing 787 and 777X for New Order

Cathay Pacific Evaluates Boeing 787 and 777X for New Order

Cathay Pacific Airways is reportedly evaluating both the Boeing 787 Dreamliner and the Boeing 777X series for its next widebody… Read More »

Dominica’s 2024-25 Cruise Season Set to Break Records

Dominica's 2024-25 Cruise Season Set to Break Records

The Caribbean island of Dominica has officially kicked off its 2024-25 cruise season in early November, with expectations that the… Read More »

Lufthansa and Italy’s MEF in Stalemate Over ITA Airways Deal

Lufthansa and Italy's MEF in Stalemate Over ITA Airways Deal

Lufthansa Group has declined to comment on reports of a potential impasse with Italy’s Ministry of Economy and Finance (MEF)… Read More »

Portugal Reassesses TAP Air Portugal’s Full Privatisation Plan

Portugal Reassesses TAP Air Portugal’s Full Privatisation Plan

The Portuguese government is reconsidering its privatisation approach for TAP Air Portugal, amid mixed responses from potential buyers. Initial discussions… Read More »

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