Pacific Airlines Temporarily Halts Operations Amid Fleet Restructuring
Pacific Airlines, based in Ho Chi Minh City, has temporarily ceased flight operations and has begun returning its aircraft to… Read More »
FedEx Boosts Profit Outlook Amid Cost-Cutting Measures, Shares Surge
FedEx Corp, the renowned package delivery giant, has revised its fiscal 2024 profit outlook, signaling confidence in its strategic cost-cutting… Read More »
Croatia Airlines Sets Sights on Fleet Modernization with A220 Acquisition
Croatia Airlines, the national flag carrier based at Zagreb Airport, is embarking on a significant fleet renewal journey, with plans… Read More »
Pacific Airlines Halts Operations and Returns Fleet Amid Restructuring Plans
Vietnam’s Pacific Airlines has temporarily ceased its operations and has returned its fleet to lessors as part of a comprehensive… Read More »
SAS Scandinavian Airlines Set for Chapter 11 Exit Mid-2024 as US Court Approves Plan
SAS Scandinavian Airlines is poised to emerge from Chapter 11 bankruptcy protection by mid-2024, following the green light from a… Read More »
France Commits to Protecting Atos Cybersecurity Assets as Airbus Withdraws Acquisition Interest
France has vowed to safeguard the cybersecurity and strategic assets of the IT conglomerate Atos, following Airbus’ decision to terminate… Read More »
SpiceJet Enhances 2024 Hajj Service with Wet-Leased A340 Aircraft
SpiceJet, a leading low-cost airline headquartered at Delhi International Airport, has declared its plan to bolster its 2024 Hajj charter… Read More »
Capital A CEO Tony Fernandes Explores IPO in the Philippines and Share Placement in Indonesia Amid US Listing Plans
Capital A, under the leadership of CEO Tony Fernandes, is eyeing significant fundraising opportunities through an Initial Public Offering (IPO)… Read More »
Russian Airline Safety Could Reach a Critical Point in 2024
The Russian commercial aviation sector faces an unprecedented challenge as it enters 2024, grappling with the repercussions of international sanctions… Read More »
Alterna Aviation Withdraws Insolvency Bid Against SpiceJet, Eyes Delhi High Court for Dispute Resolution
Alterna Aviation, through its special purpose vehicle (SPV) Alterna Aircraft VB Limited, has decided to withdraw its insolvency bid against… Read More »
Southwest Airlines’ Pilots Prepare for Possible Airline Acquisition Amid Speculation
The pilot union of Southwest Airlines, SWAPA, has strategically enlisted the services of several law firms in anticipation of the… Read More »
Flair Airlines Faces Financial Dispute with Peoples Trust Over CAD25 Million
Flair Airlines, based in Kelowna, Canada, is embroiled in a financial disagreement with Peoples Trust, a Canadian financial services company,… Read More »
AirAsia Cambodia Set to Launch in May 2024 with a Focus on Domestic Connectivity
AirAsia Cambodia, the latest venture from Capital A, is poised to start its scheduled operations on May 2, 2024, signaling… Read More »
Cayman Airways Faces $41 Million Loss Over Five Years, Plans Fleet Revamp
Cayman Airways, the national airline of the Cayman Islands, has incurred losses totaling KYD34 million (approximately USD41 million) from 2018… Read More »
Aeromexico’s Journey from 1934 to Today
Aerovías de México SA de CV, widely recognized as Aeromexico, has been a pivotal player in the aviation industry since… Read More »
Air Mauritius Aims for Dominance in the Skies Post-Pandemic Recovery
Air Mauritius is on an ambitious trajectory to reclaim and expand its share in both regional and international markets, leveraging… Read More »
Carlyle Group Secures Major Stake in London Southend Airport Amid Esken Recapitalization
The Carlyle Group, a prominent U.S. private equity firm, is set to acquire a controlling interest in London Southend Airport… Read More »
Four South Korean Carriers Vie for Asiana Airlines’ Cargo Division
In a significant development in the aviation industry, four South Korean airlines have placed non-binding bids for the cargo arm… Read More »
Capital A Eyes US Listing via Special Purpose Acquisition with Aetherium Acquisition Corp
Capital A, the parent company of the renowned AirAsia brand, is gearing up for a strategic move to expand its… Read More »
flydubai Triumphs with Dual Wins at the Aviation Achievement Awards
At the esteemed Aviation Achievement Awards, flydubai clinched two prestigious accolades, heralding the airline’s standout performance in the industry. Awarded… Read More »
Capital A Targets $400 Million Boost from Unified AirAsia and AirAsia X Brand Strategy
Capital A, the parent company of the AirAsia group, is setting its sights on generating a substantial $400 million equity… Read More »
Estonia Approves Privatisation Strategy for State-Owned Airline Nordica
The Estonian government has officially endorsed the privatisation of Nordica, the national carrier fully owned by the state, signaling a… Read More »