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Browse: Home   /   @AirGuide Business   /   Financial Services & Private Equity   /   Page 141

Norwegian Group Reports Record Passenger Numbers for October 2024

Norwegian Group Reports Record Passenger Numbers for October 2024

Norwegian Group, which encompasses budget carrier Norwegian and regional airline Widerøe, has announced a strong performance for October 2024, with… Read More »

Akasa Air Reports Strong Revenue Growth Despite Losses in FY24

Akasa Air Reports Strong Revenue Growth Despite Losses in FY24

Indian budget carrier Akasa Air has shared its financial performance for the fiscal year 2024 (FY24), which concluded on March… Read More »

KLM Warns Schiphol Fee Hikes Will Raise Airfares

KLM Warns Schiphol Fee Hikes Will Raise Airfares

KLM Royal Dutch Airlines has raised concerns over Amsterdam Schiphol Airport’s substantial increase in airline user charges, which are set… Read More »

Advanced Air Targets Growth in Midsize, Large Jets

Advanced Air Targets Growth in Midsize, Large Jets

Advanced Air, a U.S.-based charter operator headquartered at Hawthorne Airport (California), is set to expand its midsize and large business… Read More »

Ukraine Moves to Legalize Seizure of Volga-Dnepr An-124s

Ukraine Moves to Legalize Seizure of Volga-Dnepr An-124s

Ukraine has initiated legal proceedings to gain ownership of Antonov An-124-100 aircraft previously owned by Russia’s Volga-Dnepr Airlines, which have… Read More »

FlySafair Faces Sanctions Over Foreign Ownership Rules

FlySafair Faces Sanctions Over Foreign Ownership Rules

South Africa’s FlySafair (FA, Johannesburg O.R. Tambo) is under scrutiny by the International Air Services Licensing Council (IASC) for reportedly… Read More »

AirSprint Sees Bright Future for Fractional Ownership

AirSprint Sees Bright Future for Fractional Ownership

AirSprint Private Aviation, Canada’s leading fractional ownership provider, is optimistic about the growth of the Canadian private jet market, as… Read More »

Spirit and Frontier Oppose U.S. DuT’s DCA Slot Decision

Spirit and Frontier Oppose U.S. DuT's DCA Slot Decision

Spirit Airlines and Frontier Airlines are challenging the U.S. Department of Transportation’s (DOT) preliminary decision to deny their applications for… Read More »

SpiceJet Clears Debts with $71M Payment for Stability

SpiceJet Clears Debts with $71M Payment for Stability

India’s budget carrier, SpiceJet, has recently cleared over INR6 billion ($71.3 million) in outstanding debts, according to a filing with… Read More »

India Denies Tax Breaks to Irish Aircraft Lessors

India Denies Tax Breaks to Irish Aircraft Lessors

India’s tax authorities are now rejecting tax breaks for Irish-based aircraft lessors, challenging the benefits these lessors previously enjoyed under… Read More »

US Sanctions Bizjet Parts Suppliers for Russia Links

US Sanctions Bizjet Parts Suppliers for Russia Links

The US Office of Foreign Assets Control (OFAC) has added 275 entities and individuals across 16 jurisdictions, including Russia, to… Read More »

Custom Jet Charters Loses Part 135 Certification

Custom Jet Charters Loses Part 135 Certification

Custom Jet Charters (CJE), a private jet operator based at West Palm Beach International, has recently been removed from the… Read More »

Pakistan Demands Fair Offers for Pakistan International Airlines Sale

Pakistan Demands Fair Offers for Pakistan International Airlines Sale

Pakistan’s Privatisation Minister, Abdul Aleem Khan, has emphasized the need for “respectable” offers in the privatisation of Pakistan International Airlines… Read More »

Amjet Executive Sells Last Jet, Ends Operations

Amjet Executive Sells Last Jet, Ends Operations

Amjet Executive, a private aviation company based in Athens, Greece, has completed the sale of its last remaining business jet,… Read More »

Boeing Workers End Strike After 58% Vote for Pay Increase

Boeing Workers End Strike After 58% Vote for Pay Increase

A seven-week strike by Boeing workers has come to a close after 58% of union members voted to approve a… Read More »

Stonepeak Acquires Air Transport Services Group ATSG for $3.1 Billion

Stonepeak Acquires Air Transport Services Group ATSG for $3.1 Billion

US investment firm Stonepeak has announced the acquisition of aircraft lessor Air Transport Services Group (ATSG) in a substantial $3.1… Read More »

TAAG Moves to New $3.8B Luanda Airport Hub

TAAG Moves to New $3.8B Luanda Airport Hub

TAAG Angola Airlines is preparing for a significant transition, moving its operations to the newly built New Luanda International Airport… Read More »

Future Plans for Malaysia Airports Unveiled

Future Plans for Malaysia Airports Unveiled

Malaysia Airports, one of the largest global airport operators, oversees 39 airports across Malaysia and an international hub in Turkey…. Read More »

Mactan-Cebu Airport Aims to Become Major Transfer Hub

Mactan-Cebu Airport Aims to Become Major Transfer Hub

Mactan-Cebu International Airport (CEB) is positioning itself to become a significant transfer hub in the Philippines following Aboitiz InfraCapital’s recent… Read More »

Hong Kong International Airport’s New Three-Runway System Launches

Hong Kong International Airport's New Three-Runway System Launches

Hong Kong International Airport (HKG) is set to enhance its operational capacity with the launch of its new three-runway system… Read More »

Cyprus Wins Destination Category at Routes World 2024 Awards

Cyprus Wins Destination Category at Routes World 2024 Awards

The Deputy Ministry of Tourism of the Republic of Cyprus celebrated the island’s recent accolade as the winner of the… Read More »

FlySafair Faces Foreign Ownership Investigation Amid Labor Strife

FlySafair Faces Foreign Ownership Investigation Amid Labor Strife

FlySafair, one of South Africa’s leading airlines, is facing scrutiny due to an alleged breach of the country’s foreign ownership… Read More »

Rakesh Gangwal Appointed Chair of Southwest Airlines Board

Rakesh Gangwal Appointed Chair of Southwest Airlines Board

Indian businessman Rakesh Gangwal, co-founder of IndiGo, has been appointed as the independent Chair of the Southwest Airlines board of… Read More »

Boeing Machinists Vote on New Union-Backed Contract

Boeing Machinists Vote on New Union-Backed Contract

Over 32,000 striking Boeing machinists are set to vote on a revised union-backed contract proposal this Monday, which could end… Read More »

Judge Blocks Jet Midwest’s Lawsuit Against Rex

Judge Blocks Jet Midwest's Lawsuit Against Rex

A New South Wales Supreme Court judge has blocked U.S.-based MRO company Jet Midwest’s attempt to sue Australia’s Regional Express… Read More »

Air Vanuatu 49% Stake Sale Talks Progress with PANAF

Air Vanuatu 49% Stake Sale Talks Progress with PANAF

Air Vanuatu is in discussions with PANAF Group regarding the potential sale of a 49% minority stake as the Vanuatu… Read More »

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