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Browse: Home   /   @AirGuide Business   /   Financial Services & Private Equity   /   Page 92

Italian Government and Lufthansa Reach ITA Airways Merger Agreement

Italian Government and Lufthansa Reach ITA Airways Merger Agreement

A last-minute deal has revived merger talks between the Italian government and Lufthansa, with Italy’s Ministry of Economy and Finance… Read More »

U.S. DoT New Rules Make Airline Refunds Easier for Passengers

U.S. DoT New Rules Make Airline Refunds Easier for Passengers

Getting your money back after an airline cancels or changes your flight has become simpler, thanks to new Department of… Read More »

AviAlliance to Acquire AGS Airports in £1.53 Billion Deal

AviAlliance to Acquire AGS Airports in £1.53 Billion Deal

AviAlliance, the airport management company, has reached an agreement to acquire AGS Airports, which operates Aberdeen, Glasgow, and Southampton airports,… Read More »

Spirit Airlines Prepares Chapter 11 Amid Financial Struggles and Failed Merger

Spirit Airlines Prepares Chapter 11 Amid Financial Struggles and Failed Merger

Florida-based Spirit Airlines is reportedly preparing for a Chapter 11 bankruptcy filing after unsuccessful merger talks with Frontier Group Holdings,… Read More »

Cruise Industry Achieves Record Economic Impact in 2023

Cruise Industry Achieves Record Economic Impact in 2023

The Cruise Lines International Association (CLIA) has announced that its 2023 Global Economic Impact Study reveals the highest-ever global economic… Read More »

Elevate Aviation Group Focuses on Growth and Personalized Service

Elevate Aviation Group Focuses on Growth and Personalized Service

Elevate Aviation Group, the parent company of Elevate Jet, is looking to expand through strategic acquisitions of Part 135 charter… Read More »

Japan’s JCAS Airways Raises JPY200 Million for Expansion Plans

Japan's JCAS Airways Raises JPY200 Million for Expansion Plans

JCAS Airways, based at Osaka Kansai, has successfully raised JPY200 million (USD 1.3 million) in the final close of its… Read More »

Madagascar Airlines Expects Normal Operations by Week’s End

Madagascar Airlines Expects Normal Operations by Week's End

Madagascar Airlines (MGY, Antananarivo) anticipates a return to normal operations by the end of this week following a series of… Read More »

Nigeria’s Ibom Air Plans Capital Markets Entry After Financial Stability

Nigeria's Ibom Air Plans Capital Markets Entry After Financial Stability

Ibom Air (QI) is eyeing a future entry into the capital markets, but the Akwa Ibom from Nigeria’s State government,… Read More »

TUS Airways Completes Ownership Transfer to New Investors

TUS Airways Completes Ownership Transfer to New Investors

TUS Airways (U8, Larnaca) has officially completed its previously announced ownership transfer, with a new majority stakeholder now in place…. Read More »

Alitalia Employees to be Laid Off as Liquidation Begins

Alitalia Employees to be Laid Off as Liquidation Begins

All employees of the defunct Italian national carrier Alitalia will be laid off by the end of 2024 as the… Read More »

Qantas Supports Qatar Airways Stake in Virgin Australia, with Conditions

Qantas Supports Qatar Airways Stake in Virgin Australia, with Conditions

Qantas Group has announced it does not oppose Qatar Airways’ plan to acquire a 25% stake in Virgin Australia, though… Read More »

Tonga to Restructure Lulutai Airlines as Public Enterprise for Greater Transparency

Tonga to Restructure Lulutai Airlines as Public Enterprise for Greater Transparency

Tongan Prime Minister Siaosi ‘Ofakivahafolau Sovaleni (also known as Hu’akavameiliku) announced that Lulutai Airlines (L8, Tongatapu) will transition into a… Read More »

Urumqi Air to Acquire 40 C909 Aircraft to Boost Regional Fleet

Urumqi Air to Acquire 40 C909 Aircraft to Boost Regional Fleet

Urumqi Air, a low-cost subsidiary of Hainan Airlines, has announced plans to acquire 40 C909 regional aircraft, formerly known as… Read More »

Leasing Company Avia Solutions Orders 80 Boeing 737-8s

Leasing Company Avia Solutions Orders 80 Boeing 737-8s

Avia Solutions Group has announced a firm order for 40 Boeing 737-8 aircraft, along with options for an additional 40,… Read More »

Spirit Airlines Flight Hit by Gunfire, Flight Attendant Injured

Spirit Airlines Flight Hit by Gunfire, Flight Attendant Injured

The U.S. State Department has issued a warning to American citizens regarding travel to Haiti, citing escalating violence and political… Read More »

Air New Zealand and Cathay Pacific Extend Joint Venture for 5 More Years

Air New Zealand and Cathay Pacific Extend Joint Venture for 5 More Years

Air New Zealand and Cathay Pacific have received approval from New Zealand regulators to extend their joint venture alliance for… Read More »

Ethiopian Airlines Solidifies Plans for South Sudan’s National Carrier

Ethiopian Airlines Solidifies Plans for South Sudan's National Carrier

Ethiopian Airlines (ET, Addis Ababa International) and South Sudan have formalized a 2023 Memorandum of Understanding (MoU) to create a… Read More »

Air India Express MD Outlines Regional Focus Post-Merger with Air India

Air India Express MD Outlines Regional Focus Post-Merger with Air India

Air India Express Managing Director Aloke Singh has outlined a strategic route focus following the merger of Tata Group’s low-cost… Read More »

FlySafair Seeks Interdict Against South African Ownership Ruling

FlySafair Seeks Interdict Against South African Ownership Ruling

South Africa’s FlySafair has filed an urgent court application for an interdict against a ruling by the International Air Services… Read More »

EU Court Upholds €1.9M State Aid to TAROM, Dismisses Wizz Air Appeal

EU Court Upholds €1.9M State Aid to TAROM, Dismisses Wizz Air Appeal

The Court of Justice of the European Union (CJEU) has dismissed Wizz Air’s appeal against a €1.9 million ($2 million)… Read More »

IAG Launches €350M Share Buyback, Qatar Airways Sells Stake

IAG Launches €350M Share Buyback, Qatar Airways Sells Stake

International Airlines Group (IAG) has announced a €350 million ($375 million) share buyback program starting November 11, 2024, aiming to… Read More »

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