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Browse: Home   /   @AirGuide Business   /   Financial Services & Private Equity   /   Page 82

EU, Switzerland Sign Ninth-Freedom Air Rights Deal

EU, Switzerland Sign Ninth-Freedom Air Rights Deal

The European Union (EU) and Switzerland have recently signed an agreement to further deepen their aviation relationship, marking a significant… Read More »

Sovico Group Acquires 51% Stake in Kazakhstan’s Qazaq Air

Sovico Group Acquires 51% Stake in Kazakhstan's Qazaq Air

Vietnam’s Sovico Group, through its subsidiary Central Asia Aviation Holdings Limited, has partnered with Kazasia Holdings Limited to acquire a… Read More »

GOL Plans Fleet Growth and Profitability in Five-Year Strategy

GOL Plans Fleet Growth and Profitability in Five-Year Strategy

GOL Linhas Aéreas Inteligentes (G3, São Paulo Congonhas) has unveiled an updated five-year restructuring plan as part of its Chapter… Read More »

Malta Allocates €2.3M to Defunct Air Malta Operations

Malta Allocates €2.3M to Defunct Air Malta Operations

Malta’s government is still allocating EUR2.3 million (USD2.3 million) annually to cover the salaries of 51 employees linked to Air… Read More »

Romanian AACR Suspends Bees Airlines Operating Certificate

Romanian AACR Suspends Bees Airlines Operating Certificate

The Romanian civil aviation authority (AACR) officially suspended the Air Operator’s Certificate (AOC) of Bees Airlines (E8, Bucharest Henri Coanda)… Read More »

Korean Air Delivers New VIP Boeing 737-8(BBJ) Jet

Korean Air Delivers New VIP Boeing 737-8(BBJ) Jet

Korean Air (KE, Seoul Incheon) has taken delivery of a new Boeing 737-8(BBJ) that will soon serve the Republic of… Read More »

MACS Aims to Break CNMI Flight Monopoly

MACS Aims to Break CNMI Flight Monopoly

Micronesian Air Connection Services (MACS) is set to shake up the CNMI inter-island travel market by launching scheduled passenger services… Read More »

airBaltic Surges in 2024 but Faces Summer 2025 Flight Cuts

airBaltic Surges in 2024 but Faces Summer 2025 Flight Cuts

Latvian-based airBaltic has reported record-breaking performance in 2024, carrying 8.3 million passengers and completing 73,300 flights, according to a statement… Read More »

Vietnamese Talks Pave Way for Chinese Jets

Vietnamese Talks Pave Way for Chinese Jets

A high-level meeting between Vietnam’s Deputy Prime Minister Tran Hong Ha and COMAC’s Deputy Secretary Tan Wangeng on January 15,… Read More »

Air Traveler Rights Under Scrutiny as Policies Shift

Air Traveler Rights Under Scrutiny as Policies Shift

Last summer, after enduring a four-day ordeal stranded in Paris due to a Crowdstrike software meltdown—and receiving only partial reimbursement… Read More »

Spirit Cuts 200 Jobs Amid Cost-Cutting Drive

Spirit Cuts 200 Jobs Amid Cost-Cutting Drive

Spirit Airlines, the struggling budget carrier, is set to trim approximately 200 jobs across various departments as it intensifies its… Read More »

U.S. DoT Sues Southwest, Fines Frontier and JetBlue

U.S. DoT Sues Southwest, Fines Frontier and JetBlue

The US Department of Transportation (DOT) has taken decisive action against three major US carriers for chronically delayed flights, filing… Read More »

VietJet Expands to Mainland China

VietJet Expands to Mainland China

VietJet is set to broaden its footprint in mainland China, more than doubling its service offerings to tap into the… Read More »

FlySafair Faces Route Losses Over Foreign Ownership Violations

FlySafair Faces Route Losses Over Foreign Ownership Violations

South African low-cost airline FlySafair is confronting a major regulatory challenge that could see the carrier stripped of some of… Read More »

Mokulele Airlines Grounds Fleet for Cautious Maintenance

Mokulele Airlines Grounds Fleet for Cautious Maintenance

Hawaiian regional airline Mokulele Airlines has grounded its fleet as a precautionary measure “due to maintenance and an abundance of… Read More »

Hilton and AmEx Aid SoCal Wildfire Relief

Hilton and AmEx Aid SoCal Wildfire Relief

In a powerful demonstration of corporate social responsibility, Hilton Hotels and American Express are joining forces to provide critical support… Read More »

Azul, GOL Merger Talks Reshape Brazilian Aviation

Azul, GOL Merger Talks Reshape Brazilian Aviation

Brazilian airline Azul Linhas Aéreas Brasileiras (Azul) has announced a non-binding agreement with Abra Group-owned Gol Linhas Aéreas Inteligentes (GOL)… Read More »

Purple Elephant Ventures Secures $4.5M to Advance Travel Tech in Africa

Purple Elephant Ventures Secures $4.5M to Advance Travel Tech in Africa

Kenya-based startup studio Purple Elephant Ventures (PEV) has raised $4.5 million in seed funding to revolutionize Africa’s tourism industry through… Read More »

Mondee Plans Asset Sale, Restructuring After Nasdaq Delisting

Mondee Plans Asset Sale, Restructuring After Nasdaq Delisting

Mondee Holdings, a travel marketplace, is planning to sell its assets to improve its financial standing following its recent Nasdaq… Read More »

India’s Travel Sector Poised for Rapid Growth Amid Economic Boom

India’s Travel Sector Poised for Rapid Growth Amid Economic Boom

India’s travel industry is experiencing significant growth, driven by a strong economy and rising middle class. In 2023, the sector… Read More »

Scenic Group Celebrates Record Sales and Awards in 2024

Scenic Group Celebrates Record Sales and Awards in 2024

Scenic Group, the parent company of Scenic Luxury Cruises & Tours and Emerald Cruises, is celebrating a record-breaking year in… Read More »

Thai Anti-Corruption Bureau Targets Former Airline Executives

Thai Anti-Corruption Bureau Targets Former Airline Executives

Thailand’s National Anti-Corruption Commission (NACC) has requested the Attorney General prosecute two former Thai Airways International (TG, Bangkok Suvarnabhumi) executives… Read More »

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