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Browse: Home   /   @AirGuide Business   /   Financial Services & Private Equity   /   Page 26

Philippine Airlines Appoints Richard Nuttall as New President

Philippine Airlines Appoints Richard Nuttall as New President

Philippine Airlines (PAL) has announced the appointment of Richard Nuttall as its new President, effective May 29, 2025. Nuttall, a… Read More »

Vietnam Airlines Secures Financing for 50 New Aircraft with Vietcombank

Vietnam Airlines Secures Financing for 50 New Aircraft with Vietcombank

Vietnam Airlines has signed a Memorandum of Understanding (MoU) with Vietcombank to secure financing for the purchase of 50 narrowbody… Read More »

SEBI Blocks Elara Fund’s SpiceJet Warrant-to-Share Move

SEBI Blocks Elara Fund's SpiceJet Warrant-to-Share Move

India’s Securities and Exchange Board (SEBI) has blocked the Mauritius-based Elara India Opportunities Fund from converting INR4.16 billion (USD48.7 million)… Read More »

Airlines Cut Capacity and Slash Fares in 2025

Airlines Cut Capacity and Slash Fares in 2025

Major U.S. carriers are preparing for a slowdown in domestic travel by trimming their flight schedules and offering off-peak fare… Read More »

Qatar, IAG, Malaysia Aviation to Form Global Cargo Alliance

Qatar, IAG, Malaysia Aviation to Form Global Cargo Alliance

Qatar Airways, International Airlines Group (IAG), and Malaysia Aviation Group (MAG) have announced plans to establish a global cargo joint… Read More »

Grounded Aircraft Deepen Air Tanzania’s Financial Losses

Grounded Aircraft Deepen Air Tanzania’s Financial Losses

Air Tanzania has reported a 62% increase in net loss for the 2023–24 fiscal year, primarily driven by the prolonged… Read More »

Air Canada Ordered to Pay $7.2M for Hidden Fees

Air Canada Ordered to Pay $7.2M for Hidden Fees

Air Canada has been slapped with a $10 million CAD punitive damages award after the Quebec Court of Appeal ruled… Read More »

Arajet Secures Five 737-8 Jets via Leaseback

Arajet Secures Five 737-8 Jets via Leaseback

Dominican Republic low-cost carrier Arajet has signed a sale and leaseback agreement with Dublin-based SMBC Aviation Capital to add five… Read More »

Southwest Narrows Q1 Losses and Warns of Turbulence

Southwest Narrows Q1 Losses and Warns of Turbulence

Southwest Airlines reported a significant operating turnaround in the first quarter of 2025, yet cautioned investors that economic headwinds and… Read More »

NASA and Boeing Refocus on Thin-Wing Tech

NASA and Boeing Refocus on Thin-Wing Tech

NASA and Boeing have announced a strategic pause in the development of the X-66 flight demonstrator to concentrate on advancing… Read More »

Tariffs Spur Auto Frenzy but Curb Other U.S. Spending

Tariffs Spur Auto Frenzy but Curb Other U.S. Spending

Across the country, car buyers have rushed to dealerships ahead of looming tariffs, and some shoppers even upgraded their iPhones… Read More »

Lima Airport Unveils Ambitious Hub Expansion Plans

Lima Airport Unveils Ambitious Hub Expansion Plans

Lima’s Jorge Chávez International Airport closed 2024 having served more than 24.5 million passengers across 60 destinations with 22 airline… Read More »

Volotea Eyes Madrid Slot Role Amid Consolidation

Volotea Eyes Madrid Slot Role Amid Consolidation

Volotea CEO Carlos Muñoz has confirmed that the Spanish low‐cost carrier remains willing to step in as a remedy‐taker at… Read More »

Swissport Settles Massachusetts Wage Suit $3.1M

Swissport Settles Massachusetts Wage Suit $3.1M

Swissport, the global ground and cargo services provider, has agreed to pay $3.1 million to resolve a Massachusetts lawsuit alleging… Read More »

Beaches Ocho Rios to Close for Major Renovation

Beaches Ocho Rios to Close for Major Renovation

Sandals Resorts International has announced that Beaches Ocho Rios will close on May 31 for a comprehensive renovation under its… Read More »

Spirit Airlines Parent Gains NYSE Approval for ‘FLYY’ Stock

Spirit Airlines Parent Gains NYSE Approval for ‘FLYY’ Stock

Spirit Aviation Holdings, the parent company of Spirit Airlines, has announced that its common stock has been approved for listing… Read More »

Congo Airways Grounds Fleet Again Amid Leasing Setback

Congo Airways Grounds Fleet Again Amid Leasing Setback

Congo Airways has again halted operations following the end of its wet-lease agreements with Lithuania’s KlasJet, with no official comment… Read More »

Search for Missing Flight MH370 Suspended by Ocean Infinity

Search for Missing Flight MH370 Suspended by Ocean Infinity

The renewed search for Malaysia Airlines flight MH370 has been suspended, according to Malaysia’s transport minister. The update comes more… Read More »

Cargolux Secures $10.4M EU Payout Over Cartel Fine Interest

Cargolux Secures $10.4M EU Payout Over Cartel Fine Interest

Cargolux has received EUR9.17 million (USD10.4 million) from the European Commission as part of a settlement over interest owed on… Read More »

China’s Meiya Air Sues De Havilland Over Twin Otter Deal

China’s Meiya Air Sues De Havilland Over Twin Otter Deal

Meiya Air, a regional operator based in Sanya, China, has filed a lawsuit against De Havilland Aircraft of Canada and… Read More »

Boeing Redirects Jets After China Refusals

Boeing Redirects Jets After China Refusals

Boeing is looking to reallocate dozens of new jets after Chinese carriers rejected scheduled deliveries in response to steep U.S…. Read More »

Chinas AG600 Amphibious Aircraft Earns CAAC Approval

Chinas AG600 Amphibious Aircraft Earns CAAC Approval

On April 20, 2025, China’s largest civilian amphibious aircraft, the AVIC AG600 Kunlong, received its type certification from the Civil… Read More »

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