Korea’s Antitrust Regulator Approves Daemyung Takeover of t’way Air
South Korea’s Fair Trade Commission has approved Daemyung Sono Group’s acquisition of t’way Air, clearing the final regulatory hurdle for… Read More »
Canary Secures $80M to Power AI for Hotel Guests
Canary Technologies has raised $80 million in Series D funding to fuel its global expansion and deepen its role in… Read More »
IndiGo Airlines Set to Order Up to 50 ATR72-600 Aircraft at Paris Air Show
Indian low-cost carrier IndiGo is reportedly preparing to place a major order for up to 50 ATR 72-600 turboprop aircraft… Read More »
Carlyle Seeks Dakar Court Action Over Air Sénégal Lease Defaults
Two special purpose vehicles (SPVs) managed by Carlyle Aviation Partners have filed a case with the Commercial Court of Dakar,… Read More »
Silver Airways Suspends All Operations, Cancels Flights
Silver Airways has announced the immediate cessation of all operations as of Wednesday, June 11, 2025, following its Chapter 11… Read More »
IATA Warns SAF Costs Threaten Airline Decarbonization
The International Air Transport Association has forecast that global production of Sustainable Aviation Fuel will double to 2 million tonnes… Read More »
Anchorage Capital Bids to Acquire Australia’s Rex Airline
The bidding deadline for Australia’s insolvent Regional Express (Rex) has passed, with Anchorage Capital Advisors among the interested parties, according… Read More »
Spirit Airlines Gets Pratt & Whitney Payout for GTF Engine Issues
Spirit Airlines has secured a new monthly credit agreement with International Aero Engines (IAE), a Pratt & Whitney affiliate, to… Read More »
PLAY Shuts Iceland AOC, Shifts to Malta Hub Under New Ownership Plan
PLAY Iceland plans to shut its Icelandic air operator’s certificate (AOC) and shift operations to Malta under its PLAY Europe… Read More »
Envoy Air Adds 33 New E175 Aircraft to Its Fleet
Envoy Air is bolstering its regional fleet with the acquisition of 33 new Embraer 175 (E175) aircraft, marking a significant… Read More »
Transatlantic Flights Drop, But Fares Fall for Summer 2025
As summer 2025 approaches, transatlantic travel is undergoing a notable shift. After two consecutive years of record demand, softening interest… Read More »
World’s Largest Aircraft Owner Set to Receive $1 Billion Payout in Stranded Russian Planes Case
The world’s largest commercial aircraft owner, AerCap, is poised to receive a payout exceeding $1 billion after a UK High… Read More »
Nuremberg Airport Grows Network After Record Traffic
Nuremberg Airport has reached a major post-pandemic milestone, handling over 4 million passengers in 2024, its highest annual total since… Read More »
Finnair Restarts Toronto Flights After 11-Year Pause
Finnair will resume flights to Canada for the first time in more than a decade with the launch of nonstop… Read More »
Play Airlines to Exit U.S. and Shift to Malta-Based Model
Icelandic airline Play is preparing for a major transformation as it plans to exit the U.S. market and shift to… Read More »
Boeing Secures 303 Aircraft Orders in May 2025 Surge
Boeing recorded a major surge in new aircraft orders in May 2025, securing 303 orders and marking the sixth-highest monthly… Read More »
Electric Aviation Takes Center Stage at Paris Air Show
As the Paris Air Show 2025 approaches, aviation professionals are focusing heavily on the future of sustainable flight, with aircraft… Read More »
Jetstar Asia to Shut Down Operations in July 2025
Jetstar Asia, the Singapore-based low-cost airline and a subsidiary of the Qantas Group, will cease operations at the end of… Read More »
Global Startup Pitch Crowns 9 Travel Tech Innovators
Nine innovative travel technology startups have emerged as winners of the 2025 Global Startup Pitch, a competition organized by Phocuswright… Read More »
Tern Acquires Lucia to Expand Support for Travel Advisors
Tern, a CRM platform designed for travel advisors, has acquired Lucia, a services provider and one of PhocusWire’s Hot 25… Read More »
Brazil’s GOL Exits Chapter 11 With $1.9B Financing, New Ownership
GOL Linhas Aéreas Inteligentes has officially emerged from Chapter 11 bankruptcy in the U.S., securing USD 1.9 billion in exit… Read More »
Sunrise Airways, Haiti Agree To Restart Domestic Flights June 12
Sunrise Airways and the Haitian government have reached an agreement to restart domestic flight operations from Port-au-Prince beginning June 12,… Read More »