Singapore Airlines to Acquire 25.1% Stake in Air India
The Indian government has granted approval for Singapore Airlines (SQ) to acquire a 25.1% stake in the expanded Air India… Read More »
ITA Airways Secures $240 Million Financing for Fleet Expansion
ITA Airways, the Italian airline, has announced a significant financial milestone with its wholly-owned subsidiary securing $240 million in private… Read More »
Boeing Workers Report High Pressure and Incomplete Work Amid Production Demands
Boeing factory workers are voicing concerns over intense pressures and incomplete tasks as they strive to meet production deadlines, according… Read More »
Nigerian Airlines Banned from US Flights After FAA Safety Status Lapse
Nigerian airlines have been barred from operating flights to the United States following a lapse in their Federal Aviation Administration… Read More »
Dallas DFW Begins $3 Billion Overhaul of Terminal C
Dallas Fort Worth International Airport (DFW), the world’s third-busiest passenger airport, has initiated a major $3 billion redevelopment project for… Read More »
Boeing’s $10 Billion Cash Flow Target Delayed, Wells Fargo Downgrades Stock
Wells Fargo has announced a downgrade of Boeing’s stock to “underweight,” forecasting a significant delay in the aerospace giant’s goal… Read More »
Sweden to Abolish Airline Ticket Tax in 2025
The Swedish government has announced plans to abolish its airline ticket tax starting July 1, 2025, as part of the… Read More »
Aeroméxico Secures $200M Loan for Fleet Expansion and Growth
Aeroméxico (AM) has secured a three-year syndicated loan of $200 million from BBVA México, marking its return to the Mexican… Read More »
Firefighters Contain Furnace Blaze at Airbus Facility Near Toulouse Airport
On September 1, 2024, a fire broke out in a furnace at Airbus’ Saint-Eloi factory near Toulouse-Blagnac Airport (TLS), prompting… Read More »
Lufthansa Plans 19.9% Stake in TAP Air Portugal
Lufthansa is reportedly expressing strong interest in acquiring a 19.9% stake in TAP Air Portugal as the Portuguese government prepares… Read More »
Ryanair Considers Launching Package Holiday Division in 2025
Ryanair, Europe’s leading low-cost carrier, is exploring the possibility of entering the package holiday market, a move that could have… Read More »
Safran Acquires AI Aerospace Firm Preligens for €220 Million
French aerospace giant Safran has announced the acquisition of artificial intelligence firm Preligens for 220 million euros ($243.3 million). The… Read More »
Brazil Approves BRL 5 Billion Credit Support for Airlines
Brazil’s Chamber of Deputies has approved a crucial amendment to the National Civil Aviation Fund (Fundo Nacional de Aviação Civil… Read More »
JetBlue, Spirit, and Frontier Delay Airbus Deliveries to Cut Costs
Several U.S. low-cost carriers, including JetBlue, Spirit Airlines, and Frontier Airlines, are deferring the delivery of dozens of new Airbus… Read More »
JetBlue to Offer Pilot Early Outs Amid Network Reductions for Profitability
JetBlue is set to offer its pilots early retirement packages as part of its broader strategy to scale back operations… Read More »
Airlines Introduce Green Fees to Cover Sustainable Aviation Fuel Costs
In the past, airlines would often impose “fuel surcharges” whenever jet fuel prices spiked, a practice that persisted even when… Read More »
SAS Scandinavian Exits Chapter 11, Joins SkyTeam Alliance
SAS Scandinavian Airlines has officially emerged from Chapter 11 bankruptcy protection in the United States, as well as a similar… Read More »
Air India-Vistara Merger Secures Final Approval, Set for Completion by Year-End
The long-anticipated merger between Air India and Vistara has successfully cleared its final regulatory hurdle, securing approval from the Indian… Read More »
SAS Scandinavian Completes Restructuring with New Ownership and Financing
SAS Scandinavian Airlines has successfully concluded its restructuring process, emerging revitalized from Chapter 11 bankruptcy in the United States and… Read More »
Air Belgium Creditors to Vote on Restructuring Plan
Creditors of Air Belgium (KF) are set to vote on the airline’s reorganisation plan on September 4, 2024, or submit… Read More »
Brazil’s Azul Strategizes Financial Recovery Amid Bankruptcy Considerations
Azul Linhas Aéreas Brasileiras is actively engaging with its primary stakeholders to refine its equity structure and navigate significant financial… Read More »
Qantas to Fully Exercise Options for Embraer E190s Amid Growing Aviation Demand
Qantas is set to fully exercise its remaining four options for Embraer E190 aircraft with Alliance Airlines by the end… Read More »
Russian Aviation Faces Severe Challenges Due to Pilot Shortages, Fuel Rationing, and Parts Scarcity
Russia’s commercial aviation sector is navigating a deepening crisis characterized by pilot shortages, parts scarcity, fuel rationing, and increasing in-flight… Read More »
Kuwait Airways Cuts Expat and Retired Staff to Boost National Employment
Kuwait Airways has announced a strategic move to terminate the contracts of expatriate employees and those within the retirement age… Read More »
Qantas Sells First Class Tickets at 85% Discount Due to Pricing Error
Qantas Airways has recently encountered a major issue with a pricing error that led to hundreds of first-class tickets being… Read More »
AI Stocks Are Soaring, But Don’t Expect AI to Boost the Economy Anytime Soon
While AI stocks are currently outperforming the market, artificial intelligence is unlikely to provide an immediate boost to the economy,… Read More »