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Browse: Home   /   @AirGuide Business   /   Financial Services & Private Equity   /   Page 160

Former Spirit Airlines CEO Ben Baldanza Passes Away at 62

Former Spirit Airlines CEO Ben Baldanza Passes Away at 62

Ben Baldanza, the former CEO of Spirit Airlines and a prominent figure in the US airline industry, passed away on… Read More »

Emirates Group Reports Record Half-Year Profits of AED 10.4 Billion

Emirates Group Reports Record Half-Year Profits of AED 10.4 Billion

Emirates Group CEO and Chairman Ahmed bin Saeed Al Maktoum has announced a “record performance” for the company’s half-year results,… Read More »

India’s Supreme Court Orders Jet Airways’ Liquidation

India’s Supreme Court Orders Jet Airways’ Liquidation

The Supreme Court of India has officially ordered the liquidation of Jet Airways, extinguishing any hopes of reviving the once-prominent… Read More »

Lufthansa-ITA Airways Merger Talks Stall Over Price Dispute

Lufthansa-ITA Airways Merger Talks Stall Over Price Dispute

Merger negotiations between Lufthansa and Italian airline ITA Airways have reportedly stalled due to Lufthansa’s request for a €10 million… Read More »

Lufthansa Cargo Expands Partnerships in China with Key MoUs

Lufthansa Cargo Expands Partnerships in China with Key MoUs

Lufthansa Cargo is reinforcing its strategic presence in China by signing three Memoranda of Understanding (MoUs) with the Shanghai Airport… Read More »

Airbus Secures Multiple Helicopter Orders at European Rotors

Airbus Secures Multiple Helicopter Orders at European Rotors

Airbus Helicopters has announced a series of significant orders for its H125 and H145 models during the European Rotors trade… Read More »

Ryanair Warns of UK Flight Cuts Amid Rising Air Passenger Tax

Ryanair Warns of UK Flight Cuts Amid Rising Air Passenger Tax

Ryanair has issued a warning that it may reduce UK flight capacity by up to 10% in 2025, a move… Read More »

High Court Stays Dublin Airport Passenger Cap for 2025

High Court Stays Dublin Airport Passenger Cap for 2025

Ireland’s Aer Lingus and Ryanair have expressed their approval of a recent ruling from the High Court, which has temporarily… Read More »

EU Probes Ex-Transport Chief Over Qatar Airways Ties

EU Probes Ex-Transport Chief Over Qatar Airways Ties

The European Public Prosecutor’s Office (EPPO) has launched a criminal investigation into Henrik Hololei, the former EU transport chief, regarding… Read More »

Malaysia’s MMAG Launches Aircraft Leasing Subsidiary

Malaysia’s MMAG Launches Aircraft Leasing Subsidiary

MMAG Holdings Bhd, through its aviation arm MMAG Aviation Consortium Sdn Bhd, is set to launch an aircraft leasing subsidiary… Read More »

Nigerian Court Orders Arrest of Former Dana Air CEO

Nigerian Court Orders Arrest of Former Dana Air CEO

A Nigerian Federal High Court in Abuja has issued an arrest warrant for Jacky Ramesh Hathiramani, former managing director of… Read More »

Global Medical Response Orders 28 Airbus Helicopters

Global Medical Response Orders 28 Airbus Helicopters

Global Medical Response (GMR) has announced a substantial order for 28 Airbus helicopters, encompassing four different aircraft variants, along with… Read More »

Leonardo Secures Deal for 10 AW189 Helicopters with GDHF

Leonardo Secures Deal for 10 AW189 Helicopters with GDHF

Leonardo announced on November 5, 2024, that it has finalized a significant deal with helicopter leasing company GDHF for the… Read More »

Irish High Court Stays Capacity Cap at Dublin Airport

Irish High Court Stays Capacity Cap at Dublin Airport

The Irish High Court has temporarily stayed the Irish Aviation Authority’s (IAA) decision to cap capacity at Dublin Airport (DUB)… Read More »

Sofia Airport Targets 20 Million Capacity with New Terminal

Sofia Airport Targets 20 Million Capacity with New Terminal

Sofia Airport operator SOF Connect has ambitious plans to expand its capacity and modernize operations with a new terminal that… Read More »

U.S. Airlines Face Strong Demand but Weak Pricing

U.S. Airlines Face Strong Demand but Weak Pricing

Despite record-breaking passenger numbers in the U.S. domestic airline market during the first half of 2024, low fares have pressured… Read More »

Elon Musk Set to Gain from Trump’s Presidential Victory

Elon Musk Set to Gain from Trump’s Presidential Victory

As Donald Trump celebrated his presidential win, Elon Musk stood beside him, ready to reap potential rewards from a pro-business… Read More »

Spirit AeroSystems Raises Concerns About Going Concern Status

Spirit AeroSystems Raises Concerns About Going Concern Status

Spirit AeroSystems (SPR.N), a vital supplier to Boeing, has expressed “substantial doubt” regarding its ability to continue as a going… Read More »

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 »

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