OpenAI’s $150 Billion Valuation: A High-Risk Bet on AI
OpenAI, the leading AI startup, has raised an impressive $13.5 billion in funding and is now seeking an additional $6.5… Read More »
Jetstar Faces Charges for Misleading Passengers on Compensation Rights
The New Zealand Commerce Commission is taking legal action against Jetstar, alleging that the airline provided false or misleading information… Read More »
Join us at the Yale Club of NY for a Wings Club Luncheon with Marc Parent, CEO, CAE, Inc.
Please join us on Thursday, September 19, 2024,At the Yale Club of New York for ourAviation Leader Series Luncheon Our… Read More »
Boeing Implements Cost-Cutting Measures Amid Ongoing Strike
Boeing is taking decisive steps to “preserve cash” and “safeguard” the company’s future in light of an ongoing strike involving… Read More »
Lufthansa Group Mulls Stake in airBaltic Amid IPO Plans
Lufthansa Group is reportedly considering acquiring a stake in airBaltic as part of the Latvian airline’s upcoming privatization process, according… Read More »
Canada Jetlines Files for Bankruptcy After Ceasing Operations
Canada Jetlines, a low-cost airline based in Canada, has officially filed for bankruptcy following its cessation of operations in August… Read More »
US DoT Approves Alaska Airlines and Hawaiian Airlines Merger
The U.S. Department of Transportation (DOT) has granted Alaska Airlines and Hawaiian Airlines the green light to proceed with their… Read More »
SAF Market Sees Increased Dealmaking Amid Net-Zero Goals
The sustainable aviation fuel (SAF) market is experiencing a surge in dealmaking as the aviation industry pushes toward a net-zero… Read More »
Boeing Faces Strike as 30,000 Workers Walk Off Job
More than 30,000 Boeing factory workers initiated a strike on Friday after decisively rejecting a new contract proposal, significantly impacting… Read More »
Delta and United Request U.S.-China Flight Extensions
Delta Air Lines and United Airlines are both requesting extensions from the U.S. Department of Transportation (DOT) for unused flight… Read More »
Microsoft Expands AI Integration in Microsoft 365 to Boost Productivity and Monetize Investments
Microsoft is enhancing its Microsoft 365 suite with more AI-driven Copilot technology, aiming to improve productivity and capitalize on its… Read More »
Google Trial: Open Bidding’s Impact on Header Bidding Highlighted in Court
During the U.S. v. Google trial, the Department of Justice’s case accusing Google of maintaining an advertising monopoly, testimony shed… Read More »
FWC Urges Virgin Australia Pilots to Accept 21% Pay Raise
The Fair Work Commission (FWC) has strongly recommended that Virgin Australia pilots accept a new contract offering a substantial salary… Read More »
Air Canada and Pilots Union Reach Tentative 4-Year Contract
Air Canada, the national airline of Canada, has announced a tentative agreement with the Air Line Pilots Association (ALPA), representing… Read More »
PIA Seeks to Resume European Flights Amid EU Ban Lift Efforts
Pakistan International Airlines (PIA) is making significant strides toward resuming operations to European airports, following years of restrictions imposed due… Read More »
Bangkok Airways Invests $69M in Koh Samui and Trat Airport Expansions
Bangkok Airways is set to invest THB2.3 billion ($69 million) to significantly expand its key hubs at Koh Samui (USM)… Read More »
SpiceJet to Reactivate 28 Aircraft in INR32.36 Billion Capital Plan
SpiceJet is gearing up for a significant fleet expansion as part of its strategy to attract investors for a planned… Read More »
Delta Requests Delay in Resuming Four Daily Flights to China Amid Market Challenges
Delta Air Lines (DAL.N) has formally requested the U.S. Department of Transportation (DOT) to approve a delay in resuming four… Read More »
Ryanair May Face Aircraft Delays Due to Boeing Strike, CEO Warns
Ryanair Group (RYA.I) CEO Michael O’Leary revealed on Saturday that the ongoing Boeing workers’ strike could delay the airline’s delivery… Read More »
DirecTV and Dish in Merger Talks Once Again Amid Competitive Streaming Market
Satellite-TV providers DirecTV and Dish are in talks to merge once again, according to Bloomberg, citing sources familiar with the… Read More »
Intel Secures $3.5 Billion in Grants to Produce Chips for U.S. Military
Intel Corp (INTC.O) has qualified for up to $3.5 billion in federal grants to manufacture semiconductors for the U.S. Department… Read More »
AirAsia Joins Heart Aerospace Board for ES-30
AirAsia has joined Heart Aerospace’s Industry Advisory Board to support the development of the Swedish startup’s hybrid-electric aircraft, the ES-30…. Read More »
Avolon to Acquire $5 Billion Castlelake Aviation Portfolio
Avolon has announced a major acquisition, agreeing to purchase Castlelake Aviation’s $5 billion portfolio, which includes 118 aircraft, 13 new-technology… Read More »
U.S. DoT Approves Delta-SAS Scandinavian Codeshare Despite JetBlue Objections
The U.S. Transportation Department (DOT) has approved a new codeshare agreement between Delta Air Lines and Scandinavian Airlines (SAS), marking… Read More »
Meta to Use Public Facebook and Instagram Posts in UK to Train AI
Meta Platforms (META.O) will soon begin using public content from Facebook and Instagram users in the UK to train its… Read More »
EU Unlikely to Order Google Breakup in Antitrust Case, Sources Say
European Union antitrust regulators are expected to stop short of ordering Alphabet’s (GOOGL.O) Google to break up its adtech business,… Read More »