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Browse: Home   /   @AirGuide Business   /   Financial Services & Private Equity   /   Page 15

US DOT Waives $11M Fine Balance for Southwest Airlines

US DOT Waives $11M Fine Balance for Southwest Airlines

The US Department of Transportation has waived the remaining USD11 million balance of a USD35 million civil penalty imposed on… Read More »

Air India Accrues $110K in Fees on Forgotten Boeing 737-200

Air India Accrues $110K in Fees on Forgotten Boeing 737-200

Air India has accumulated more than INR10 million (approximately USD111,000) in fees and parking charges linked to a long-forgotten Boeing… Read More »

Malawi’s Flytech Awaits Approval for Regional Passenger Flights

Malawi’s Flytech Awaits Approval for Regional Passenger Flights

Malawian start-up Flytech Aviation, based at Lilongwe International Airport, is awaiting regulatory clearance to launch international passenger services to neighbouring… Read More »

Kenya’s Encomm Faces Loan Default After BAe ATP Support Exit

Kenya’s Encomm Faces Loan Default After BAe ATP Support Exit

Kenya-based Encomm Aviation has warned that it may be unable to repay a USD16 million loan backed by Sweden’s Exportkreditnämnden… Read More »

Nigerian Startup K-impex Lines Up E190s Ahead of AOC

Nigerian Startup K-impex Lines Up E190s Ahead of AOC

Nigerian start-up K-impex Airline, based in Abuja, is preparing to take delivery of four Embraer E190 aircraft as it moves… Read More »

How Hotels View OTA Partnerships with AI Platforms

How Hotels View OTA Partnerships with AI Platforms

As major online travel agencies like Expedia and Booking.com deepen their partnerships with artificial intelligence providers, uncertainty is growing across… Read More »

Airwallex Secures $330M to Accelerate Global Expansion and AI Growth

Airwallex Secures $330M to Accelerate Global Expansion and AI Growth

Payments platform Airwallex has raised $330 million in a Series G funding round, valuing the company at $8 billion. The… Read More »

Why Airlines Are Scrapping Nearly New Airbus A320 Jets

Why Airlines Are Scrapping Nearly New Airbus A320 Jets

Airlines around the world are facing an acute shortage of Airbus A320 and A321 aircraft, yet a growing number of… Read More »

Boeing Completes Acquisition of Spirit AeroSystems

Boeing Completes Acquisition of Spirit AeroSystems

Boeing has officially completed its acquisition of Spirit AeroSystems, bringing one of its largest suppliers in-house and marking a major… Read More »

Wizz Air Cites Pro-Etihad Bias in Abu Dhabi Withdrawal

Wizz Air Cites Pro-Etihad Bias in Abu Dhabi Withdrawal

Wizz Air chief executive József Váradi says regulatory favoritism toward Etihad Airways played a key role in the airline’s decision… Read More »

Delta and United Acquire Minority Stakes in Republic Airways

Delta and United Acquire Minority Stakes in Republic Airways

Delta Air Lines and United Airlines have taken minority ownership positions in Republic Airways Holdings as part of the regional… Read More »

Spirit Scraps Pilot Furloughs After Mass Attrition

Spirit Scraps Pilot Furloughs After Mass Attrition

Embattled ultra-low-cost carrier Spirit Airlines has canceled its plan to furlough hundreds of pilots as it navigates its second Chapter… Read More »

India and U.S. Investigators to Review Air India Crash Data

India and U.S. Investigators to Review Air India Crash Data

Indian and U.S. investigators are set to meet next week to review data collected from the deadly Air India crash… Read More »

Chinese Court Orders Malaysia Airlines to Pay $3.3M Over MH370

Chinese Court Orders Malaysia Airlines to Pay $3.3M Over MH370

A Beijing court has ordered Malaysia Airlines to compensate several families of passengers who were onboard missing flight MH370, ruling… Read More »

Jersey Confirms Blue Islands Owes $10m in Public Funds

Jersey Confirms Blue Islands Owes $10m in Public Funds

The Jersey government has confirmed that collapsed regional carrier Blue Islands owed GBP7.47 million (USD10 million) in public funds at… Read More »

Susi Air Deployed for Disaster Relief Flights in Indonesia

Susi Air Deployed for Disaster Relief Flights in Indonesia

Susi Air has been hired by the West Java provincial government to support emergency relief efforts in West Sumatra after… Read More »

IndiGo Challenges $13m Tax Credit Demand from Government

IndiGo Challenges $13m Tax Credit Demand from Government

InterGlobe Aviation Financial Services (IFSC), a subsidiary of IndiGo Airlines, has received an INR1.18 billion (USD13.1 million) demand from the… Read More »

Finnair Fights €7.6m Fine as It Issues $350m in New Notes

Finnair Fights €7.6m Fine as It Issues $350m in New Notes

Finnair plans to contest a EUR7.6 million (USD8.8 million) penalty proposed by the Finnish Competition and Consumer Authority, which alleges… Read More »

Boeing-Spirit AeroSystems Deal Approved as Airbus, CTRM Take Key Sites

Boeing-Spirit AeroSystems Deal Approved as Airbus, CTRM Take Key Sites

The US Federal Trade Commission has cleared Boeing’s USD4.3 billion acquisition of Spirit AeroSystems, with approval tied to a series… Read More »

Pangea Buys Nomadago in Push to Unify Travel Apps

Pangea Buys Nomadago in Push to Unify Travel Apps

Pangea has acquired Nomadago, a platform designed to help digital nomads coordinate travel plans, marking its second acquisition in just… Read More »

Air India 787s Face Issues as DGCA Tightens Safety Measures

Air India 787s Face Issues as DGCA Tightens Safety Measures

Air India has reported three technical glitches involving its Boeing 787 fleet since July, prompting heightened safety inspections mandated by… Read More »

Sun Country to Open Cincinnati Cargo Base in Early 2026

Sun Country to Open Cincinnati Cargo Base in Early 2026

Sun Country Airlines will establish a new base at Cincinnati International Airport, an important Amazon logistics hub, with operations set… Read More »

easyJet Moves to Buy Adria Tehnika MRO in Slovenia

easyJet Moves to Buy Adria Tehnika MRO in Slovenia

easyJet has announced plans to acquire Adria Tehnika, a Slovenian maintenance, repair, and overhaul provider owned by Avia Prime, pending… Read More »

Lufthansa Creates New Unit to Oversee City and CityLine

Lufthansa Creates New Unit to Oversee City and CityLine

Lufthansa Group has established a new subsidiary, Lufthansa Aviation, to serve as a joint management and coordination hub for Lufthansa… Read More »

Boeing vs. Airbus Safety: What U.S. Accident Data Really Shows

Boeing vs. Airbus Safety: What U.S. Accident Data Really Shows

Boeing has been under intense public scrutiny in recent years, largely due to high-profile issues involving the 737 Max and… Read More »

Delta Air Lines Cuts Boeing 757 Flights by 26% as Fleet Retirement Accelerates

Delta Air Lines Cuts Boeing 757 Flights by 26% as Fleet Retirement Accelerates

Delta Air Lines has sharply reduced its Boeing 757 operations, cutting daily flights by 26% compared with December 2024 as… Read More »

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