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Browse: Home   /   @AirGuide Business   /   Financial Services & Private Equity   /   Page 153

Teen Pilot’s Solo World Flight to Raise $1M for Cancer Research

Teen Pilot’s Solo World Flight to Raise $1M for Cancer Research

At just 19 years old, Ethan Guo is undertaking a remarkable solo flight around the world in his vintage Cessna… Read More »

Colombo Businessman Launches Air Ceilão to Transform Aviation in Sri Lanka

Colombo Businessman Launches Air Ceilão to Transform Aviation in Sri Lanka

A Colombo-based entrepreneur is set to introduce a new scheduled passenger carrier named Air Ceilão, aimed at transforming Sri Lanka… Read More »

Keflavik Airport Expands Routes and Seeks New Opportunities

Keflavik Airport Expands Routes and Seeks New Opportunities

Keflavik Airport (KEF), Iceland’s primary international gateway, is set to broaden its network with exciting new route opportunities, enhancing connectivity… Read More »

EasyJet to Close Toulouse Base, Relocate Aircraft to Nantes and Lyon

EasyJet to Close Toulouse Base, Relocate Aircraft to Nantes and Lyon

EasyJet has announced the closure of its base at Toulouse-Blagnac Airport (TLS) in southern France, effective from spring 2025. This… Read More »

JetBlue Boosts Q3 Revenue Outlook Amid Industry Disruptions

JetBlue Boosts Q3 Revenue Outlook Amid Industry Disruptions

JetBlue Airways has revised its third-quarter revenue guidance upwards, citing disruptions at other US carriers, notably Delta Air Lines, which… Read More »

OpenAI Set to Launch ‘Strawberry’ AI for ChatGPT in Two Weeks, Focusing on Enhanced Reasoning

OpenAI Set to Launch ‘Strawberry’ AI for ChatGPT in Two Weeks, Focusing on Enhanced Reasoning

OpenAI plans to release “Strawberry,” a reasoning-focused artificial intelligence model, as part of its ChatGPT service in the next two… Read More »

Lufthansa Ordered to Compensate Student for Visa Information Oversight

Lufthansa Ordered to Compensate Student for Visa Information Oversight

In a significant ruling, a consumer court in India has directed Lufthansa to compensate Maharshi Yadav, a student who was… Read More »

Airports Embrace Advanced Technology to Stay Competitive

Airports Embrace Advanced Technology to Stay Competitive

At the recent Airports Council International-North America (ACI-NA) Conference and Exhibition in Grand Rapids, Michigan, airport leaders emphasized their focus… Read More »

AI Startup Glean Doubles Valuation to $4.6 Billion After Securing $260 Million in Funding

AI Startup Glean Doubles Valuation to $4.6 Billion After Securing $260 Million in Funding

AI-powered search startup Glean announced it has raised $260 million in a Series E funding round, doubling its valuation to… Read More »

Oracle’s Larry Ellison Predicts $100 Billion AI Surge Driven by Nuclear Energy

Oracle’s Larry Ellison Predicts $100 Billion AI Surge Driven by Nuclear Energy

Oracle co-founder Larry Ellison is confident that the artificial intelligence (AI) revolution is just getting started, predicting a $100 billion… Read More »

Southwest Airlines to Overhaul Board After Talks with Elliott Investment

Southwest Airlines to Overhaul Board After Talks with Elliott Investment

In a significant shift, Southwest Airlines is set to undergo a board overhaul following a pivotal meeting with activist investor… Read More »

American Airlines to Create 500 Maintenance Jobs and Expand Operations

American Airlines to Create 500 Maintenance Jobs and Expand Operations

American Airlines has unveiled plans to add 500 new maintenance positions and expand its heavy maintenance operations at its bases… Read More »

Cathay Pacific Unit Seeks $2.5 Billion Debt Listing

Cathay Pacific Unit Seeks $2.5 Billion Debt Listing

Cathay Pacific MTN Financing (HK) Limited (CPMFHK), a fully-owned subsidiary of Cathay Pacific, has applied to the Hong Kong Stock… Read More »

Air Canada Pilot Negotiations Falter as Wage Increase Offer is Rejected

Air Canada Pilot Negotiations Falter as Wage Increase Offer is Rejected

Air Canada has hit a stalemate in its wage negotiations with its pilots after the airline’s offer of a 30%… Read More »

Debate Sparks Over Potential Qantas and Jetstar Breakup

Debate Sparks Over Potential Qantas and Jetstar Breakup

In Australia, recent discussions about the country’s aviation industry have sparked a debate about potential regulatory changes, following remarks from… Read More »

Southwest Airlines Chairman Gary Kelly to Retire Amid Investor Pressure

Southwest Airlines Chairman Gary Kelly to Retire Amid Investor Pressure

Southwest Airlines announced on Tuesday that Gary Kelly, its executive chairman and former CEO, will retire in 2025. This decision… Read More »

FAA Allocates Record $1.9 Billion in Airport Infrastructure Grants

FAA Allocates Record $1.9 Billion in Airport Infrastructure Grants

The Federal Aviation Administration (FAA) has announced a historic $1.9 billion allocation for airport infrastructure grants, marking the largest single… Read More »

Blackrock Scales Back Stake in Brazilian Airline Azul

Blackrock Scales Back Stake in Brazilian Airline Azul

Blackrock Investment Management has scaled back its investment in Azul Linhas Aéreas Brasileiras, decreasing its stake in the Brazilian airline… Read More »

DoT Investigates Major U.S. Airlines’ Frequent Flyer Programs

DoT Investigates Major U.S. Airlines’ Frequent Flyer Programs

The US Department of Transportation (DOT) has initiated an investigation into the frequent flyer programs of American Airlines, Delta Air… Read More »

Air Belgium on Brink of Bankruptcy Amid Investment Failures

Air Belgium on Brink of Bankruptcy Amid Investment Failures

Air Belgium, which suspended its passenger flights in 2023, is on the brink of bankruptcy, facing a critical two-week deadline… Read More »

Boeing and Union Reach 25% Pay Increase Deal, Avoid Strike

Boeing and Union Reach 25% Pay Increase Deal, Avoid Strike

Boeing and its workers’ union have reached a crucial labor agreement, averting a potentially disruptive strike that was set to… Read More »

Meta Announces Closure of Augmented Reality Studio, Meta Spark, Amid Shift Towards AI and Metaverse

Meta Announces Closure of Augmented Reality Studio, Meta Spark, Amid Shift Towards AI and Metaverse

Meta Platforms has announced its decision to discontinue Meta Spark, the augmented reality studio extensively utilized by third-party creators to… Read More »

Air India Begins Construction of New MRO Facility in Bengaluru

Air India Begins Construction of New MRO Facility in Bengaluru

Air India Group has officially commenced the construction of a new state-of-the-art Maintenance, Repair, and Overhaul (MRO) facility at Bengaluru’s… Read More »

Lufthansa Announces Strategic Fleet Reduction by 2028 as Subsidiaries Gear Up for Expansion

Lufthansa Announces Strategic Fleet Reduction by 2028 as Subsidiaries Gear Up for Expansion

Lufthansa Airlines, headquartered in Frankfurt, has announced a significant overhaul of its fleet strategy, which includes reducing its narrowbody aircraft… Read More »

Apple’s CFO Transition Appears Seamless, but Successor to Tim Cook Poses Greater Challenge

Apple’s CFO Transition Appears Seamless, but Successor to Tim Cook Poses Greater Challenge

Apple is currently navigating what appears to be a smooth transition in its Chief Financial Officer (CFO) role, a vital… Read More »

Norwegian and Widerøe Report 10% Passenger Growth in August 2024

Norwegian and Widerøe Report 10% Passenger Growth in August 2024

Low-cost carrier Norwegian has announced impressive passenger figures for August 2024, carrying nearly 2.7 million travelers. The airline flew 2,369,469… Read More »

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