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Browse: Home   /   @AirGuide Business   /   Financial Services & Private Equity   /   Page 14

Korean Air CEO Flags Jet Shortage Amid Trade Uncertainty

Korean Air CEO Flags Jet Shortage Amid Trade Uncertainty

The CEO of Hanjin Group, parent company of Korean Air, says the airline is short of aircraft despite ongoing trade… Read More »

Thai Airways Signs Deal for 777-300ER Freighter Conversions

Thai Airways Signs Deal for 777-300ER Freighter Conversions

Thai Airways has signed a memorandum of understanding with the Kansas Modification Center to convert its Boeing 777-300ER passenger aircraft… Read More »

Lufthansa Group Harnesses AI to Slash Inflight Meal Waste

Lufthansa Group Harnesses AI to Slash Inflight Meal Waste

The Lufthansa Group has deployed a proprietary artificial intelligence tool called Tray Tracker to identify and reduce waste from uneaten… Read More »

ANA Applies Fuel-Saving AeroSHARK to 777-300ER

ANA Applies Fuel-Saving AeroSHARK to 777-300ER

ANA announced on April 28, 2025, that it will roll out AeroSHARK riblet film across its Boeing 777-300ER passenger fleet… Read More »

Pakistan’s Airspace Closure Forces India Airlines to Reroute Flights

Pakistan’s Airspace Closure Forces India Airlines to Reroute Flights

India’s major carriers are rerouting numerous international services after Pakistan closed its airspace to Indian airlines, a move that takes… Read More »

Jet2.com Expands UK Network with New Bases and Routes

Jet2.com Expands UK Network with New Bases and Routes

Jet2.com, the United Kingdom’s third-largest airline, has unveiled ambitious plans to broaden its domestic footprint and international network ahead of… Read More »

Travel Advisor Month: Earn Up to $5,000 Bonus

Travel Advisor Month: Earn Up to $5,000 Bonus

This Travel Advisor Appreciation Month, Villas of Distinction is saying thank you to our valued travel advisor partners with an… Read More »

Marriott to Acquire citizenM Brand for $355M

Marriott to Acquire citizenM Brand for $355M

Marriott International has reached an agreement to acquire global lifestyle hotel brand citizenM for $355 million, adding 36 operating hotels… Read More »

Turkey’s BKNJET to Streamline Fleet Around Large Jets

Turkey’s BKNJET to Streamline Fleet Around Large Jets

Following its 2024 acquisition of TAV Air and rebranding to BKNJET, Türkiye’s Bikini Jet is now focused on expanding its… Read More »

Pakistan Renews PIA Sale, Seeks EOIs for Majority Stake

Pakistan Renews PIA Sale, Seeks EOIs for Majority Stake

Pakistan’s Privatisation Commission has officially relaunched efforts to privatise Pakistan International Airlines, inviting expressions of interest (EOIs) for acquiring a… Read More »

Vietnam Airlines Secures Funding for 50 New Narrowbody Jets

Vietnam Airlines Secures Funding for 50 New Narrowbody Jets

Vietnam Airlines has signed a memorandum of understanding with Vietcombank to finance its planned purchase of 50 new narrowbody aircraft,… Read More »

Philippine Airlines Appoints Richard Nuttall as New President

Philippine Airlines Appoints Richard Nuttall as New President

Philippine Airlines (PAL) has announced the appointment of Richard Nuttall as its new President, effective May 29, 2025. Nuttall, a… Read More »

Vietnam Airlines Secures Financing for 50 New Aircraft with Vietcombank

Vietnam Airlines Secures Financing for 50 New Aircraft with Vietcombank

Vietnam Airlines has signed a Memorandum of Understanding (MoU) with Vietcombank to secure financing for the purchase of 50 narrowbody… Read More »

SEBI Blocks Elara Fund’s SpiceJet Warrant-to-Share Move

SEBI Blocks Elara Fund's SpiceJet Warrant-to-Share Move

India’s Securities and Exchange Board (SEBI) has blocked the Mauritius-based Elara India Opportunities Fund from converting INR4.16 billion (USD48.7 million)… Read More »

Airlines Cut Capacity and Slash Fares in 2025

Airlines Cut Capacity and Slash Fares in 2025

Major U.S. carriers are preparing for a slowdown in domestic travel by trimming their flight schedules and offering off-peak fare… Read More »

Qatar, IAG, Malaysia Aviation to Form Global Cargo Alliance

Qatar, IAG, Malaysia Aviation to Form Global Cargo Alliance

Qatar Airways, International Airlines Group (IAG), and Malaysia Aviation Group (MAG) have announced plans to establish a global cargo joint… Read More »

Grounded Aircraft Deepen Air Tanzania’s Financial Losses

Grounded Aircraft Deepen Air Tanzania’s Financial Losses

Air Tanzania has reported a 62% increase in net loss for the 2023–24 fiscal year, primarily driven by the prolonged… Read More »

Air Canada Ordered to Pay $7.2M for Hidden Fees

Air Canada Ordered to Pay $7.2M for Hidden Fees

Air Canada has been slapped with a $10 million CAD punitive damages award after the Quebec Court of Appeal ruled… Read More »

Arajet Secures Five 737-8 Jets via Leaseback

Arajet Secures Five 737-8 Jets via Leaseback

Dominican Republic low-cost carrier Arajet has signed a sale and leaseback agreement with Dublin-based SMBC Aviation Capital to add five… Read More »

Southwest Narrows Q1 Losses and Warns of Turbulence

Southwest Narrows Q1 Losses and Warns of Turbulence

Southwest Airlines reported a significant operating turnaround in the first quarter of 2025, yet cautioned investors that economic headwinds and… Read More »

NASA and Boeing Refocus on Thin-Wing Tech

NASA and Boeing Refocus on Thin-Wing Tech

NASA and Boeing have announced a strategic pause in the development of the X-66 flight demonstrator to concentrate on advancing… Read More »

Tariffs Spur Auto Frenzy but Curb Other U.S. Spending

Tariffs Spur Auto Frenzy but Curb Other U.S. Spending

Across the country, car buyers have rushed to dealerships ahead of looming tariffs, and some shoppers even upgraded their iPhones… Read More »

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