Delta Air Lines Faces $550 Million Loss from CrowdStrike Outage, Plans Legal Action
Delta Air Lines disclosed on Thursday that last month’s massive outage caused by CrowdStrike resulted in a financial blow of… Read More »
Frontier Airlines Adjusts Growth Strategy, Delays A320neo Aircraft Deliveries, and Cancels XLR Orders
Frontier Airlines has modified its fleet expansion plans, reaching an agreement with Airbus to postpone the delivery of 54 aircraft… Read More »
Air Canada Partners with Cadence Consortium to Develop High-Speed Rail in Eastern Canada
Air Canada has announced its partnership with the Cadence consortium, which is currently bidding to construct and manage a High… Read More »
Microsoft Responds to Delta’s Claims Over $500 Million IT Outage Loss
Microsoft has countered Delta Air Lines’ accusations following a massive global IT outage last month that resulted in thousands of… Read More »
JetBlue Sets Pricing for $400 Million Convertible Senior Notes Offering
JetBlue Airways Corporation has announced the pricing of a $400 million convertible senior notes offering, with an additional purchase option… Read More »
US Sanctions Belarusian Cargo Carriers and Lukashenko’s Boeing 767-300ER
The United States has intensified its economic pressure on Belarus by imposing new sanctions on three Belarusian cargo airlines and… Read More »
HK Express Suffers $9.4 Million Loss Amid Pratt & Whitney Engine Troubles
HK Express, a subsidiary of the Cathay Group, reported a significant loss of HKD 73 million (USD 9.4 million) in… Read More »
Genghis Khan Airlines Owner Faces Financial Setbacks as Ukraine Suspends Debt Payments
The parent company of Genghis Khan Airlines, Beijing Tianjiao Aviation Industry Investment Co, also known as Skyrizon, is encountering significant… Read More »
Jeju Air Boosts Short-Term Borrowing Capacity Amid Operational Challenges
Jeju Air, South Korea’s prominent low-cost carrier, has announced a significant increase in its short-term borrowing limit, according to a… Read More »
HondaJet Echelon Gains Traction in Brazil with 30 LOIs Secured
Honda Aircraft, based at Greensboro Piedmont Triad International, has achieved a significant milestone in Brazil, securing thirty Letters of Intent… Read More »
Lessor Appeals Against $49 Million Award to Frontier Airlines
AMCK Aviation, now part of Carlyle Aviation Partners, has filed an appeal against a June 2024 US court ruling that… Read More »
LIAT 2020 Takes Off: Antigua’s Revamped Airline Begins Commercial Operations
In a significant development for regional aviation, Antigua’s newly launched airline, LIAT 2020, commenced its commercial flight operations on August… Read More »
Thai AirAsia CEO Presses Government for More Stimulus
Bangkok, Thailand – The CEO of Thai AirAsia, Santisuk Klongchaiya, is urging the Thai government to enhance support for domestic… Read More »
Political Storm Brews Over Uganda Airlines Investigation
Uganda Airlines, the state-owned carrier based at Entebbe, has once again been thrust into the center of a political showdown… Read More »
IATA Raises Concerns Over India’s Tax Charges on Airlines
The International Air Transport Association (IATA) has expressed serious concerns regarding recent court orders issued to ten member airlines by… Read More »
Aer Lingus Advances A321neo(XLR) Acquisition Talks Following Pilot Agreement
Following a pivotal agreement with the Irish Air Line Pilots’ Association, which saw Aer Lingus pilots receive a 17.7% pay… Read More »
Intel Halts Corporate Shuttle Operations Amid Cost-Cutting Measures
Intel, the renowned US chipmaker, has decided to suspend its corporate shuttle service, Intel Aviation, as part of a broader… Read More »
Arik Air Cleared to Resume Flights Following Settlement with Creditors
The Nigerian Civil Aviation Authority (NCAA) has officially authorized Arik Air to resume domestic flight operations, concluding a weeklong suspension…. Read More »
JetBlue Challenges Delta-SAS Codeshare Amid EU Regulatory Dispute
JetBlue Airways has filed a formal objection with the U.S. Department of Transportation (DOT) against the proposed codeshare partnership between… Read More »
Azul Conecta Introduces Fractional Ownership Program for Cessna Fleet
Azul Conecta, a regional subsidiary of Azul Linhas Aéreas Brasileiras, has unveiled a new fractional ownership initiative involving its fleet… Read More »
Malaysia’s Systematic Aviation Services Sees Cessna 208EX Repossessed
Systematic Aviation Services (Kuala Lumpur Subang) has had its Cessna 208EX seaplane repossessed by the owner, Oriental Sky Sdn Bhd,… Read More »
India Simplifies Tax on Aircraft and Engine Parts to Boost MRO Sector
India has standardized the Goods and Services Tax (GST) rate on aircraft components and engine parts to a uniform 5%,… Read More »