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
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 (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
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 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
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
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 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 Service (PGN, Farmingdale) has suspended its seaplane operations after struggling with profitability. The commuter model, which offered exclusive… Read More »
Sydney Airport Slot Tender Comes Too Late for Rex
The Australian government has launched a competitive tender for a new slot manager at Sydney Kingsford Smith Airport, part of… Read More »
IAG Calls Off Acquisition of Air Europa Amid Regulatory Challenges
IAG International Airlines Group has decided to terminate its plan to acquire an 80% stake in Air Europa from Globalia… Read More »
European Commission Investigates Germany’s €321.2 Million Aid to Condor
The European Commission has initiated an in-depth investigation into Germany’s EUR 321.2 million (USD 347.5 million) restructuring aid for Condor… Read More »
Arik Air Grounded by Court Order Over $2.5 Million Debt to Atlas Petroleum
Arik Air (W3, Lagos), one of Nigeria’s leading airlines, has had its aircraft grounded following a Federal Supreme Court order… Read More »
Chevron Announces Headquarters Move Amid Q2 Earnings Report and Legal Challenges
Chevron has revealed a significant move in its corporate strategy alongside its second-quarter earnings report. The oil giant announced a… Read More »
Thai Bourse Threatens Nok Air with Delisting
The Stock Exchange of Thailand (SET) has issued another warning to Nok Air (DD, Bangkok Don Mueang) about the risk… Read More »
India’s Supreme Court Dismisses Kalanithi Maran’s Appeal in SpiceJet Dispute
India’s Supreme Court has ruled against Kalanithi Maran and his investment vehicle, KAL Airways, in their long-standing legal dispute with… Read More »
US Prosecution Ties to South African Corruption at South African Airways
Recent findings from South Africa’s Zondo Judicial Commission of Inquiry have revealed significant corruption involving South African Airways (SAA), its… Read More »
Boeing Welcomes New CEO Robert “Kelly” Ortberg Amid Ongoing Challenges
Boeing has ushered in a new era under the leadership of Robert “Kelly” Ortberg, the newly appointed CEO, taking over… Read More »
Singapore’s Strategic Role in the Global AI Landscape
In the global race for AI dominance, where the United States and China are front-runners, Singapore is proving that size… Read More »
Alaska and Hawaiian Airlines Extend DOJ Merger Review Deadline
Alaska Airlines and Hawaiian Airlines, along with the United States Department of Justice (DOJ), have agreed to a short extension… Read More »
VivaAerobus Secures Compensation from Pratt & Whitney Amid Engine Issues
VivaAerobus (VB, Monterrey Mariano Escobedo), the Mexican low-cost carrier, has successfully negotiated partial compensation from Pratt & Whitney for the… Read More »
India Enhances Aircraft Leasing and MRO Sectors with New Finance Model
India is set to revamp its aircraft financing and leasing landscape by introducing a flexible finance model that integrates pooled… Read More »
Delta CEO Ed Bastian Addresses IT Outage and Plans to Seek Damages from CrowdStrike
Delta Air Lines CEO Ed Bastian revealed that the recent IT outage cost the airline $500 million in lost revenue… Read More »
Spirit Airlines Announces Pilot Furloughs Following Q2 Financial Challenges
Spirit Airlines has disclosed plans to furlough hundreds of pilots in the wake of disappointing financial results for the second… Read More »
Volaris CEO Acquires Additional Shares
Enrique Javier Beltranena Mejicano, CEO of Volaris (Y4, México City International), has increased his stake in the airline by acquiring… Read More »
Airlink Refutes Speculation of Firm Investment Deal with Qatar Airways
Airlink (South Africa) (4Z) has dismissed ongoing speculation about a potential investment from Qatar Airways (QR). Despite reports suggesting that… Read More »