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Browse: Home   /   @AirGuide Business   /   Financial Services & Private Equity   /   Page 174

Airbus Maintenance Workers in UK Suspend Strike After Pay Raise

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

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 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

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 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 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 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

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 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 »

Singapore Airlines to Acquire 25.1% Stake in Air India

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 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 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 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 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

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

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 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

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 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 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

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 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

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 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

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 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 »

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