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

SpiceJet Settles $16.7M Aircraft Lease Dispute with ELFC

SpiceJet Settles $16.7M Aircraft Lease Dispute with ELFC

SpiceJet (SG, Delhi International) has successfully settled its USD 16.7 million lease dispute with Engine Lease Finance Corporation (ELFC), as… Read More »

Wizz Air Targets Saudi Arabia, No JV Planned

Wizz Air Targets Saudi Arabia, No JV Planned

Wizz Air Holdings is shifting its strategy regarding operations in Saudi Arabia, opting to develop the region as an “inbound… Read More »

Ryanair Expands Swedish Operations After Tax Removal

Ryanair Expands Swedish Operations After Tax Removal

In a significant move following the Swedish Government’s decision to abolish the aviation tax, Ryanair has announced plans to expand… Read More »

Boeing Extends Voting Deadline for Machinists Union Contract Offer

Boeing Extends Voting Deadline for Machinists Union Contract Offer

Boeing has extended the voting deadline for its latest “best and final contract offer” after the proposal was overwhelmingly rejected… Read More »

Turkish Airlines Denies Interest in Acquiring Stake in PIA

Turkish Airlines Denies Interest in Acquiring Stake in PIA

Turkish Airlines has firmly refuted claims made by Pakistan’s Minister of State for Finance, Ali Pervaiz Malik, regarding its interest… Read More »

SpiceJet Aims for 70 Aircraft by 2026 Amid Financial Restructuring Plans

SpiceJet Aims for 70 Aircraft by 2026 Amid Financial Restructuring Plans

India’s Low-cost carrier SpiceJet is planning a major expansion, with a goal to add 75 new aircraft to its fleet… Read More »

IAM and Textron Aviation Strike Talks Could Resume

IAM and Textron Aviation Strike Talks Could Resume

The International Association of Machinists and Aerospace Workers (IAM) represents striking workers at Textron Aviation in Wichita, Kansas, and has… Read More »

SAS and Delta Strengthen Connectivity with New Codeshare Partnership

SAS and Delta Strengthen Connectivity with New Codeshare Partnership

SAS, the flag carrier for Denmark, Norway, and Sweden, officially joined the SkyTeam alliance and has since signed a significant… Read More »

EU Airlines Face €2 Billion in Summer Compensation Claims

EU Airlines Face €2 Billion in Summer Compensation Claims

Between June and August 2024, over 60,000 flights departing from EU airports experienced disruptions qualifying for compensation under the EU261… Read More »

IAG Invests in SeatBoost Software to Enhance Flight Upgrade Bidding

IAG Invests in SeatBoost Software to Enhance Flight Upgrade Bidding

International Airlines Group (IAG), the parent company of British Airways, is investing in the U.S. startup SeatBoost, which allows passengers… Read More »

Emerald Airlines Targets Profit in 2024 Amid Dublin Capacity Issues

Emerald Airlines Targets Profit in 2024 Amid Dublin Capacity Issues

Emerald Airlines, the operator of the Aer Lingus Regional franchise, is optimistic about achieving its first profitable year in 2024… Read More »

Striking Machinists Union Rejects Boeing’s Final Contract Offer

Striking Machinists Union Rejects Boeing’s Final Contract Offer

As the strike by Boeing machinists enters its 11th day, the company has presented what it describes as a “best… Read More »

SpiceJet Settles $16.7 Million Dispute with ELFC

SpiceJet Settles $16.7 Million Dispute with ELFC

SpiceJet, the Indian low-cost carrier, has reached a settlement with Engine Lease Finance Corporation (ELFC) to resolve a $16.7 million… Read More »

UK’s RAF Museum Teams Up with Virgin Atlantic

UK's RAF Museum Teams Up with Virgin Atlantic

The Royal Air Force Museum (RAF Museum) in London, England, has announced a new commercial partnership with Virgin Atlantic, naming… Read More »

Elliott Management Calls Special Meeting with Southwest Airlines Leadership

Elliott Management Calls Special Meeting with Southwest Airlines Leadership

Elliott Management announced plans to convene a special meeting at Southwest Airlines as early as next week, signaling a push… Read More »

OYO Acquires Motel 6 and Studio 6 Brands for $525 Million

OYO Acquires Motel 6 and Studio 6 Brands for $525 Million

Indian-based travel company OYO has announced its acquisition of economy budget brand Motel 6, along with its extended-stay chain Studio… Read More »

Supreme Court Rejects SpiceJet’s Appeal in Engine Dispute

Supreme Court Rejects SpiceJet's Appeal in Engine Dispute

The Supreme Court of India has upheld a decision by the Delhi High Court, rejecting SpiceJet’s attempt to overturn orders… Read More »

Southwest Airlines Faces ‘Difficult Decisions’ Amid Profitability Push

Southwest Airlines Faces 'Difficult Decisions' Amid Profitability Push

Southwest Airlines has warned its employees of “difficult decisions” ahead as the company strives to boost profits under pressure from… Read More »

Frontier Airlines Flight Attendants Vote to Strike

Frontier Airlines Flight Attendants Vote to Strike

Flight attendants at Frontier Airlines, represented by the Association of Flight Attendants-CWA (AFA), have voted overwhelmingly in favor of a… Read More »

Textron Aviation Workers Vote to Strike After Rejecting Contract Offer

Textron Aviation Workers Vote to Strike After Rejecting Contract Offer

approximately 5,000 members of the International Association of Machinists and Aerospace Workers (IAM) Local 774 in Wichita, Kansas, decisively rejected… Read More »

British Airways Invests £9 Million in Carbon Removal Credits

British Airways Invests £9 Million in Carbon Removal Credits

British Airways has announced a significant commitment to sustainability by signing a deal worth over £9 million ($12 million) for… Read More »

Boeing Strike Continues as Union Rejects Latest Offer

Boeing Strike Continues as Union Rejects Latest Offer

Boeing’s efforts to end a costly strike by more than 30,000 machinists hit another roadblock as the workers’ union rejected… Read More »

Assessing the A321XLR’s Viability in High-Demand Short-to-Medium-Range Markets

Assessing the A321XLR's Viability in High-Demand Short-to-Medium-Range Markets

In the ever-evolving aviation industry, airlines continuously seek ways to optimize their fleets and routes for maximum efficiency and profitability…. Read More »

Boeing Defense Chief Ted Colbert Exits Amid Leadership Changes

Boeing Defense Chief Ted Colbert Exits Amid Leadership Changes

Boeing’s newly appointed CEO, Kelly Ortberg, has announced the immediate departure of Ted Colbert, head of the company’s defense unit…. Read More »

American Airlines in Exclusive Credit Card Deal Talks with Citigroup

American Airlines in Exclusive Credit Card Deal Talks with Citigroup

American Airlines is currently in discussions to designate Citigroup as its exclusive credit card partner, effectively ending its longstanding partnership… Read More »

Hawaiian Airlines to Update Employment Status for Nonunion Staff

Hawaiian Airlines to Update Employment Status for Nonunion Staff

Nonunion employees at Hawaiian Airlines will soon receive updates about their job status following the airline’s merger with Alaska Airlines,… Read More »

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