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 »
Cebu Pacific Strategically Uses Paid-In Capital to Erase PHP16.27 Billion Deficit
Cebu Pacific Air (5J, Manila Ninoy Aquino International) is taking significant financial steps to enhance its balance sheet by using… Read More »
Philippine Airlines Plans Major Fleet Expansion to Meet Rising Demand
Philippine Airlines (PR, Manila Ninoy Aquino International) is poised for significant expansion, as the airline’s CEO, Stanley Ng, revealed plans… Read More »
Islamabad Outlines Attractive Terms for Potential Sale of Pakistan International Airlines
The government of Pakistan has proposed buyer-friendly conditions for acquiring a majority stake in PIA – Pakistan International Airlines (PK,… Read More »
Philippine Airlines Considering Large 75 Aircraft Order to Meet Growing Demand
Philippine Airlines (PR) is considering placing a substantial aircraft order to accommodate an anticipated increase in passenger demand. CEO Stanley… Read More »
AI Impersonation of Al Michaels Delivers Stellar Performance in Olympic Highlights
Artificial intelligence has found yet another intriguing application: delivering play-by-play commentary for Olympic highlights in the voice of legendary sportscaster… Read More »
Mentioning AI in Product Descriptions May Deter Consumers, Study Finds
While artificial intelligence (AI) is becoming increasingly prevalent across various industries, a recent study from Washington State University (WSU) suggests… Read More »
Rex Regional Express Ends Boeing 737 Operations and Enters Administration
Australian airline Rex, which entered voluntary administration on July 30, will affect 11 domestic routes. However, other operators will continue… Read More »
AI Mastery: Essential Skills for the Future as Recommended by Billionaire Alexandr Wang
Alexandr Wang, the co-founder of the AI startup ScaleAI, now valued at $14 billion, has shared critical insights on the… Read More »