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Browse: Home   /   @AirGuide Business   /   Financial Services & Private Equity   /   Page 159

Intel Halts Corporate Shuttle Operations Amid Cost-Cutting Measures

Intel Halts Corporate Shuttle Operations Amid Cost-Cutting Measures

Intel, the renowned US chipmaker, has decided to suspend its corporate shuttle service, Intel Aviation, as part of a broader… Read More »

Arik Air Cleared to Resume Flights Following Settlement with Creditors

Arik Air Cleared to Resume Flights Following Settlement with Creditors

The Nigerian Civil Aviation Authority (NCAA) has officially authorized Arik Air to resume domestic flight operations, concluding a weeklong suspension…. Read More »

JetBlue Challenges Delta-SAS Codeshare Amid EU Regulatory Dispute

JetBlue Challenges Delta-SAS Codeshare Amid EU Regulatory Dispute

JetBlue Airways has filed a formal objection with the U.S. Department of Transportation (DOT) against the proposed codeshare partnership between… Read More »

Azul Conecta Introduces Fractional Ownership Program for Cessna Fleet

Azul Conecta Introduces Fractional Ownership Program for Cessna Fleet

Azul Conecta, a regional subsidiary of Azul Linhas Aéreas Brasileiras, has unveiled a new fractional ownership initiative involving its fleet… Read More »

Malaysia’s Systematic Aviation Services Sees Cessna 208EX Repossessed

Malaysia's Systematic Aviation Services Sees Cessna 208EX Repossessed

Systematic Aviation Services (Kuala Lumpur Subang) has had its Cessna 208EX seaplane repossessed by the owner, Oriental Sky Sdn Bhd,… Read More »

India Simplifies Tax on Aircraft and Engine Parts to Boost MRO Sector

India Simplifies Tax on Aircraft and Engine Parts to Boost MRO Sector

India has standardized the Goods and Services Tax (GST) rate on aircraft components and engine parts to a uniform 5%,… Read More »

LATAM Commits $2 Billion to Boost Brazil’s Aviation Sector

LATAM Commits $2 Billion to Boost Brazil's Aviation Sector

LATAM Airlines Group has declared a significant investment of USD 2 billion in Brazil, aimed at enhancing passenger services, aircraft… Read More »

Court Ends Nigeria Air Project

Court Ends Nigeria Air Project

On August 5, the Federal High Court in Lagos declared Nigeria Air (NWB, Lagos) “null and void,” effectively terminating the… Read More »

AirAsia X Advances Plan to Acquire Capital A’s Airline Interests

AirAsia X Advances Plan to Acquire Capital A's Airline Interests

AirAsia X (D7) has filed a listing application and draft circular with Malaysia’s stock exchange (Bursa Malaysia) outlining its intention… Read More »

FAA Distributes $636 Million in Infrastructure Grants to U.S. Airports

FAA Distributes $636 Million in Infrastructure Grants to U.S. Airports

The Federal Aviation Administration (FAA) is set to distribute over $636 million in grants to various airports across the U.S…. Read More »

Air Canada Sues Venezuela Over $20.8 Million Award

Air Canada Sues Venezuela Over $20.8 Million Award

Air Canada (AC, Montréal Trudeau) has filed a lawsuit in a U.S. court against the Bolivarian Republic of Venezuela to… Read More »

Hyundai Glovis Considers Stake in Air Incheon Amid Asiana Cargo Acquisition

Hyundai Glovis Considers Stake in Air Incheon Amid Asiana Cargo Acquisition

South Korean logistics giant Hyundai Glovis is exploring a potential investment in Air Incheon (KJ, Seoul Incheon) as the latter… Read More »

European Investors Eye Stake in Air Vanuatu

European Investors Eye Stake in Air Vanuatu

European investors are reportedly interested in acquiring a stake in Air Vanuatu (NF, Port Vila) and have recently engaged with… Read More »

Dubai Airport Cancels SpiceJet Flights Over Payment Dispute

Dubai Airport Cancels SpiceJet Flights Over Payment Dispute

On July 31, 2024, Dubai International Airport, operated by Dubai Airports Company, suspended several SpiceJet flights due to “payment issues,”… Read More »

India’s Go First Airline to Be Liquidated

India's Go First Airline to Be Liquidated

Go First (GOW, Mumbai International) is set to be liquidated following a decision by its committee of creditors (CoC) after… Read More »

Serbia’s Air Pink Rebrands as ImperialJet After Ownership Change

Serbia's Air Pink Rebrands as ImperialJet After Ownership Change

Serbia’s business charter operator, previously known as Air Pink and based at Belgrade Nikola Tesla, has been rebranded as ImperialJet…. Read More »

Tailwind Air Suspends Seaplane Operations, Seeks Investor for Revival

Tailwind Air Suspends Seaplane Operations, Seeks Investor for Revival

Tailwind Air Service (PGN, Farmingdale) has suspended its seaplane operations after struggling with profitability. The commuter model, which offered exclusive… Read More »

Sydney Airport Slot Tender Comes Too Late for Rex

Sydney Airport Slot Tender Comes Too Late for Rex

The Australian government has launched a competitive tender for a new slot manager at Sydney Kingsford Smith Airport, part of… Read More »

IAG Calls Off Acquisition of Air Europa Amid Regulatory Challenges

IAG Calls Off Acquisition of Air Europa Amid Regulatory Challenges

IAG International Airlines Group has decided to terminate its plan to acquire an 80% stake in Air Europa from Globalia… Read More »

European Commission Investigates Germany’s €321.2 Million Aid to Condor

European Commission Investigates Germany's €321.2 Million Aid to Condor

The European Commission has initiated an in-depth investigation into Germany’s EUR 321.2 million (USD 347.5 million) restructuring aid for Condor… Read More »

Arik Air Grounded by Court Order Over $2.5 Million Debt to Atlas Petroleum

Arik Air Grounded by Court Order Over $2.5 Million Debt to Atlas Petroleum

Arik Air (W3, Lagos), one of Nigeria’s leading airlines, has had its aircraft grounded following a Federal Supreme Court order… Read More »

Chevron Announces Headquarters Move Amid Q2 Earnings Report and Legal Challenges

Chevron Announces Headquarters Move Amid Q2 Earnings Report and Legal Challenges

Chevron has revealed a significant move in its corporate strategy alongside its second-quarter earnings report. The oil giant announced a… Read More »

Thai Bourse Threatens Nok Air with Delisting

Thai Bourse Threatens Nok Air with Delisting

The Stock Exchange of Thailand (SET) has issued another warning to Nok Air (DD, Bangkok Don Mueang) about the risk… Read More »

India’s Supreme Court Dismisses Kalanithi Maran’s Appeal in SpiceJet Dispute

India's Supreme Court Dismisses Kalanithi Maran's Appeal in SpiceJet Dispute

India’s Supreme Court has ruled against Kalanithi Maran and his investment vehicle, KAL Airways, in their long-standing legal dispute with… Read More »

US Prosecution Ties to South African Corruption at South African Airways

US Prosecution Ties to South African Corruption at South African Airways

Recent findings from South Africa’s Zondo Judicial Commission of Inquiry have revealed significant corruption involving South African Airways (SAA), its… Read More »

Boeing Welcomes New CEO Robert “Kelly” Ortberg Amid Ongoing Challenges

Boeing Welcomes New CEO Robert "Kelly" Ortberg Amid Ongoing Challenges

Boeing has ushered in a new era under the leadership of Robert “Kelly” Ortberg, the newly appointed CEO, taking over… Read More »

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