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Browse: Home   /   @AirGuide Business   /   Financial Services & Private Equity   /   Page 170

Genghis Khan Airlines Owner Faces Financial Setbacks as Ukraine Suspends Debt Payments

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 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

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

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

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 »

Political Storm Brews Over Uganda Airlines Investigation

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 »

Thai AirAsia CEO Presses Government for More Stimulus

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 »

IATA Raises Concerns Over India’s Tax Charges on Airlines

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

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 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

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 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 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

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 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 »

LATAM Commits $2 Billion to Boost Brazil’s Aviation Sector

LATAM Commits $2 Billion to Boost Brazil's Aviation Sector

LATAM Airlines Group has declared a significant investment of USD 2 billion in Brazil, aimed at enhancing passenger services, aircraft… Read More »

Court Ends Nigeria Air Project

Court Ends Nigeria Air Project

On August 5, the Federal High Court in Lagos declared Nigeria Air (NWB, Lagos) “null and void,” effectively terminating the… Read More »

AirAsia X Advances Plan to Acquire Capital A’s Airline Interests

AirAsia X Advances Plan to Acquire Capital A's Airline Interests

AirAsia X (D7) has filed a listing application and draft circular with Malaysia’s stock exchange (Bursa Malaysia) outlining its intention… Read More »

FAA Distributes $636 Million in Infrastructure Grants to U.S. Airports

FAA Distributes $636 Million in Infrastructure Grants to U.S. Airports

The Federal Aviation Administration (FAA) is set to distribute over $636 million in grants to various airports across the U.S…. Read More »

Air Canada Sues Venezuela Over $20.8 Million Award

Air Canada Sues Venezuela Over $20.8 Million Award

Air Canada (AC, Montréal Trudeau) has filed a lawsuit in a U.S. court against the Bolivarian Republic of Venezuela to… Read More »

Hyundai Glovis Considers Stake in Air Incheon Amid Asiana Cargo Acquisition

Hyundai Glovis Considers Stake in Air Incheon Amid Asiana Cargo Acquisition

South Korean logistics giant Hyundai Glovis is exploring a potential investment in Air Incheon (KJ, Seoul Incheon) as the latter… Read More »

European Investors Eye Stake in Air Vanuatu

European Investors Eye Stake in Air Vanuatu

European investors are reportedly interested in acquiring a stake in Air Vanuatu (NF, Port Vila) and have recently engaged with… Read More »

Dubai Airport Cancels SpiceJet Flights Over Payment Dispute

Dubai Airport Cancels SpiceJet Flights Over Payment Dispute

On July 31, 2024, Dubai International Airport, operated by Dubai Airports Company, suspended several SpiceJet flights due to “payment issues,”… Read More »

India’s Go First Airline to Be Liquidated

India's Go First Airline to Be Liquidated

Go First (GOW, Mumbai International) is set to be liquidated following a decision by its committee of creditors (CoC) after… Read More »

Serbia’s Air Pink Rebrands as ImperialJet After Ownership Change

Serbia's Air Pink Rebrands as ImperialJet After Ownership Change

Serbia’s business charter operator, previously known as Air Pink and based at Belgrade Nikola Tesla, has been rebranded as ImperialJet…. Read More »

Tailwind Air Suspends Seaplane Operations, Seeks Investor for Revival

Tailwind Air Suspends Seaplane Operations, Seeks Investor for Revival

Tailwind Air Service (PGN, Farmingdale) has suspended its seaplane operations after struggling with profitability. The commuter model, which offered exclusive… Read More »

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