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
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, 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 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 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 Group has officially commenced the construction of a new state-of-the-art Maintenance, Repair, and Overhaul (MRO) facility at Bengaluru’s… Read More »
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 »
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 »
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 »
Ural Airlines Begins Dismantling Emergency-Landed Airbus A320
Ural Airlines has announced the start of dismantling its Airbus A320, which made an emergency landing in a Russian wheat… Read More »
U.S. Airlines Slow Hiring Amid Industry Challenges
U.S. airlines, having ramped up hiring after the pandemic, are now easing their recruitment efforts due to various operational and… Read More »
Air Senegal Suspends Flights to Seven International Destinations
Air Senegal is implementing major changes to its flight network, suspending services to seven international destinations starting this month. The… Read More »
India’s DGCA Issues Show Cause Notice to Akasa Air for Regulatory Breaches
India’s Directorate General of Civil Aviation (DGCA) has issued a show cause notice to Akasa Air following a surprise audit… Read More »
Jekta Signs $1 Billion Deal for 30 Electric Seaplanes
Electric seaplane developer Jekta has secured a significant milestone, signing a leasing agreement for 30 of its zero-emission PHA-ZE 100… Read More »
Czech Airlines ČSA to Cease Operations, Join Smartwings
Czech Republic’s flag carrier, ČSA Czech Airlines, is set to end its operational activities and retire its iconic “OK” code… Read More »
Aegean Airlines to Acquire 21% of Volotea with Loan
Aegean Airlines has announced plans to acquire a 21% stake in the Barcelona-based regional low-cost carrier Volotea through a €50… Read More »
Aegean Airlines Invests EUR50 Million in Volotea, Secures Up to 21% Stake
Aegean Airlines (A3) has announced a significant commercial joint venture and equity investment in Spanish low-cost carrier Volotea (V7), potentially… Read More »
Airbus Maintenance Workers in UK Suspend Strike After Pay Raise
Workers responsible for maintenance and cleaning at two Airbus sites in the UK have called off their planned strike following… Read More »
airBaltic Unveils 16 New Routes and IPO Plans
On September 4, 2024, airBaltic unveiled a major expansion of its route network, introducing 16 new routes across Europe from… Read More »
American Airlines Sues Kuehne + Nagel Over $500,000 Engine Damage
American Airlines has filed a lawsuit against Kuehne + Nagel, one of the world’s leading logistics firms, after an aircraft… Read More »
Thai Pilots Association Opposes Foreign Pilots on Domestic Routes, Cites Risk of ICAO Red Flag
The Thai Pilots Association is voicing concerns over a proposal to liberalize pilot jobs for foreigners on domestic routes in… Read More »
Spirit Airlines Furloughs 180 Pilots After $193 Million Loss, Exceeds Initial Estimates
Spirit Airlines has initiated a significant furlough of over 180 pilots during the holiday weekend, a figure that surpasses the… Read More »
Azul Airlines Negotiates Debt Settlement, Rules Out Chapter 11
Azul Linhas Aéreas Brasileiras (AD) has confirmed it is not considering filing for Chapter 11 bankruptcy protection in the United… Read More »
Qatar Airways Acquiring 19% Stake in Virgin Australia
Qatar Airways (QR) is set to acquire a 19% stake in Virgin Australia (VA), with the deal expected to be… Read More »
U.S. Seizes Venezuelan President’s Jet, Transfers It to Florida
The United States has seized a Dassault Falcon 900EX, used by Venezuelan President Nicolás Maduro, in the Dominican Republic and… Read More »
Boeing Faces Potential Strike as Machinists Demand 40% Pay Raise
Boeing is on the brink of a significant labor dispute as its machinists’ union, District 751 of the International Association… Read More »