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Browse: Home   /   @AirGuide Business   /   Financial Services & Private Equity   /   Page 85

L3Harris Settles False Claims Case with U.S. Military for $62 Million

L3Harris Settles False Claims Case with U.S. Military for $62 Million

L3Harris Technologies, a major defense contractor, has agreed to pay $62 million to settle allegations of submitting false claims to… Read More »

Wynn Resorts Fined $5.5M Over Gaming Oversight Lapse

Wynn Resorts Fined $5.5M Over Gaming Oversight Lapse

Wynn Resorts has been hit with a $5.5 million fine by the Nevada Gaming Commission after regulators found the company… Read More »

Skymark Orders Six Boeing 737-8 Jets for Fleet Renewal

Skymark Orders Six Boeing 737-8 Jets for Fleet Renewal

Japan’s Skymark Airlines has placed an order for six Boeing 737-8 aircraft as part of its strategy to modernize its… Read More »

Vueling to Test Shark Skin Film for 4% Emission Cut

Vueling to Test Shark Skin Film for 4% Emission Cut

Vueling has entered into a Letter of Intent with Australian aerospace technology firm MicroTau to trial a shark skin–inspired surface… Read More »

Russia to Reduce Civil Aviation Subsidies by 22%

Russia to Reduce Civil Aviation Subsidies by 22%

Russia’s government is poised to cut funding for its civilian aircraft programs by nearly a quarter, trimming subsidies for domestic… Read More »

United Flight Attendants Secure Tentative 40% Pay Boost

United Flight Attendants Secure Tentative 40% Pay Boost

United Airlines and the Association of Flight Attendants-CWA have agreed to an “industry-leading” tentative contract that promises substantial gains for… Read More »

Boeing Reaches DoJ Deal to Avoid Prosecution Over 737 MAX Crashes

Boeing Reaches DoJ Deal to Avoid Prosecution Over 737 MAX Crashes

Boeing will pay more than $1.1 billion under a new non-prosecution agreement with the Justice Department to resolve allegations that… Read More »

Textron Wins ALE Order for Up to 12 Cessna Citation Jets

Textron Wins ALE Order for Up to 12 Cessna Citation Jets

Textron Aviation has secured a significant new deal with Aerolíneas Ejecutivas (ALE), Mexico’s leading business aviation operator, for up to… Read More »

Caribbean Airlines Hit by Boeing 737 Delays from SITA Outage

Caribbean Airlines Hit by Boeing 737 Delays from SITA Outage

Caribbean Airlines is experiencing flight delays on its Boeing 737 services due to a widespread outage affecting the SITA satellite… Read More »

American CFO Sees Modest Flight Shifts From Newark

American CFO Sees Modest Flight Shifts From Newark

American Airlines’ chief financial officer Devon May acknowledged on Thursday that a handful of travelers are opting to book at… Read More »

US DOT Drops Lawsuit Over Delayed Southwest Flights

US DOT Drops Lawsuit Over Delayed Southwest Flights

The United States Department of Transportation (DOT) has officially dropped its January 2025 lawsuit against Southwest Airlines, which had accused… Read More »

Air Europa Sale Stalls as Bidders Reject €1B Valuation

Air Europa Sale Stalls as Bidders Reject €1B Valuation

Talks between Lufthansa Group and Air France-KLM to acquire a stake in Air Europa (UX, Palma de Mallorca) have stalled… Read More »

Boeing Boosts 737 MAX Production as Safety and Quality Measures Advance

Boeing Boosts 737 MAX Production as Safety and Quality Measures Advance

Boeing is on track to stabilize production of its 737 MAX aircraft at 38 planes per month, according to Commercial… Read More »

GOL Cleared to Exit Chapter 11 with $900M in Liquidity

GOL Cleared to Exit Chapter 11 with $900M in Liquidity

Brazilian low-cost carrier GOL Linhas Aéreas Inteligentes is preparing to exit its Chapter 11 restructuring process following approval of its… Read More »

Etihad Delivers Record Q1 Profit on Passenger Demand

Etihad Delivers Record Q1 Profit on Passenger Demand

Etihad Airways has reported a record-breaking first-quarter profit of $187 million (AED 685 million) for 2025, reflecting a 30 percent… Read More »

Booking.com Ordered to Cut Swiss Hotel Commissions by 25%

Booking.com Ordered to Cut Swiss Hotel Commissions by 25%

Booking.com has been ordered by Switzerland’s Price Supervisor to reduce commission rates charged to Swiss hotels by around 25%, citing… Read More »

Miami Airport to Add Concourse K, Boosting Passenger Capacity

Miami Airport to Add Concourse K, Boosting Passenger Capacity

Miami International Airport is set for a major expansion following the Miami-Dade County Board of County Commissioners’ approval of Concourse… Read More »

Norse Atlantic Renews P&O Cruises Charter Deal to Caribbean

Norse Atlantic Renews P&O Cruises Charter Deal to Caribbean

Norse Atlantic Airways has renewed its partnership with P&O Cruises for the winter 2025/2026 season, continuing to offer direct fly-cruise… Read More »

US Accepts Qatar-Gifted Boeing 747-8 BBJ for Air Force One

US Accepts Qatar-Gifted Boeing 747-8 BBJ for Air Force One

The Trump administration has formally accepted a Boeing 747 jet gifted by Qatar’s government, marking an unexpected addition to the… Read More »

Concourse K Breaks Ground at Miami International Airport

Concourse K Breaks Ground at Miami International Airport

Miami International Airport is on the brink of its first terminal expansion since 2007 after the Miami-Dade County Commission approved… Read More »

SeaPort Airlines Resumes Flights After Nine-Year Hiatus

SeaPort Airlines Resumes Flights After Nine-Year Hiatus

SeaPort Airlines has resumed scheduled passenger operations nearly nine years after ceasing business, launching a high-frequency shuttle service between Seattle… Read More »

Brazil’s GOL Gets Court Approval for Chapter 11 Exit Plan

Brazil's GOL Gets Court Approval for Chapter 11 Exit Plan

A U.S. bankruptcy court has approved the Chapter 11 restructuring plan of GOL Linhas Aéreas Inteligentes, allowing the Brazilian carrier… Read More »

OPUL Jets Expands in Europe With Quinta Jets Acquisition

OPUL Jets Expands in Europe With Quinta Jets Acquisition

UK-based OPUL Jets has acquired Portuguese private jet charter firm Quinta Jets, expanding its footprint in Southern Europe. Quinta Jets… Read More »

airBaltic IPO Delayed to 2026, May Seek Latvian State Support

airBaltic IPO Delayed to 2026, May Seek Latvian State Support

airBaltic may postpone its long-anticipated initial public offering (IPO) to 2026, as the likelihood of a 2025 listing has “significantly… Read More »

Swiss Cancels 1,400 Flights Over Pilot, Aircraft Shortages

Swiss Cancels 1,400 Flights Over Pilot, Aircraft Shortages

Swiss International Air Lines is cancelling 1,400 flights—approximately 1.5% of its scheduled departures—for the 2025 summer season due to a… Read More »

Air Belgium Collapse Leaves $9M in Unpaid Passenger Refunds

Air Belgium Collapse Leaves $9M in Unpaid Passenger Refunds

The European Travel Agents’ and Tour Operators’ Association (ECTAA) has renewed calls for mandatory airline insolvency protection in Europe following… Read More »

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