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Browse: Home   /   @AirGuide Business   /   Financial Services & Private Equity   /   Page 94

Finnair to Furlough Pilots as Qantas Lease Downsized

Finnair to Furlough Pilots as Qantas Lease Downsized

Finnair has announced that it will furlough nearly 40 Airbus A330 pilots for eight months starting in September 2025 after… Read More »

JetBlue to Announce Partnership with Larger U.S. Carrier

JetBlue to Announce Partnership with Larger U.S. Carrier

JetBlue Airways is preparing to unveil a strategic partnership with another U.S. airline in the coming weeks, a move designed… Read More »

Virgin Atlantic Abandons Tel Aviv Relaunch Amid Instability

Virgin Atlantic Abandons Tel Aviv Relaunch Amid Instability

Virgin Atlantic has abandoned plans to resume daily flights between London Heathrow and Tel Aviv this autumn, opting instead to… Read More »

EU Must Act to Save Europe’s Smaller Regional Airports

EU Must Act to Save Europe’s Smaller Regional Airports

Smaller regional airports across Europe are calling on the European Union and national governments to step in as economic pressures… Read More »

Southend Airport Traffic Surges and Secures Industry Award

Southend Airport Traffic Surges and Secures Industry Award

London Southend Airport has emerged from the pandemic with remarkable resilience, recording a 250 percent increase in passenger traffic in… Read More »

China Reportedly Exempts Jet Engines, Parts from Tariffs

China Reportedly Exempts Jet Engines, Parts from Tariffs

China has reportedly lifted proposed tariffs on certain aircraft components, including jet engines, nacelles, and landing gear, amid ongoing trade… Read More »

Oman Air Cuts 1,000 Jobs in Major Restructuring Drive

Oman Air Cuts 1,000 Jobs in Major Restructuring Drive

Oman Air has laid off approximately 1,000 employees as part of a broader restructuring plan aimed at reducing costs and… Read More »

Malaysia Airlines Considers More Widebody Orders to 2040s

Malaysia Airlines Considers More Widebody Orders to 2040s

Malaysia Aviation Group (MAG), the parent company of Malaysia Airlines, is preparing for three widebody fleet campaigns that could shape… Read More »

Korean Air CEO Flags Jet Shortage Amid Trade Uncertainty

Korean Air CEO Flags Jet Shortage Amid Trade Uncertainty

The CEO of Hanjin Group, parent company of Korean Air, says the airline is short of aircraft despite ongoing trade… Read More »

Thai Airways Signs Deal for 777-300ER Freighter Conversions

Thai Airways Signs Deal for 777-300ER Freighter Conversions

Thai Airways has signed a memorandum of understanding with the Kansas Modification Center to convert its Boeing 777-300ER passenger aircraft… Read More »

Lufthansa Group Harnesses AI to Slash Inflight Meal Waste

Lufthansa Group Harnesses AI to Slash Inflight Meal Waste

The Lufthansa Group has deployed a proprietary artificial intelligence tool called Tray Tracker to identify and reduce waste from uneaten… Read More »

ANA Applies Fuel-Saving AeroSHARK to 777-300ER

ANA Applies Fuel-Saving AeroSHARK to 777-300ER

ANA announced on April 28, 2025, that it will roll out AeroSHARK riblet film across its Boeing 777-300ER passenger fleet… Read More »

Pakistan’s Airspace Closure Forces India Airlines to Reroute Flights

Pakistan’s Airspace Closure Forces India Airlines to Reroute Flights

India’s major carriers are rerouting numerous international services after Pakistan closed its airspace to Indian airlines, a move that takes… Read More »

Jet2.com Expands UK Network with New Bases and Routes

Jet2.com Expands UK Network with New Bases and Routes

Jet2.com, the United Kingdom’s third-largest airline, has unveiled ambitious plans to broaden its domestic footprint and international network ahead of… Read More »

Travel Advisor Month: Earn Up to $5,000 Bonus

Travel Advisor Month: Earn Up to $5,000 Bonus

This Travel Advisor Appreciation Month, Villas of Distinction is saying thank you to our valued travel advisor partners with an… Read More »

Marriott to Acquire citizenM Brand for $355M

Marriott to Acquire citizenM Brand for $355M

Marriott International has reached an agreement to acquire global lifestyle hotel brand citizenM for $355 million, adding 36 operating hotels… Read More »

Turkey’s BKNJET to Streamline Fleet Around Large Jets

Turkey’s BKNJET to Streamline Fleet Around Large Jets

Following its 2024 acquisition of TAV Air and rebranding to BKNJET, Türkiye’s Bikini Jet is now focused on expanding its… Read More »

Pakistan Renews PIA Sale, Seeks EOIs for Majority Stake

Pakistan Renews PIA Sale, Seeks EOIs for Majority Stake

Pakistan’s Privatisation Commission has officially relaunched efforts to privatise Pakistan International Airlines, inviting expressions of interest (EOIs) for acquiring a… Read More »

Vietnam Airlines Secures Funding for 50 New Narrowbody Jets

Vietnam Airlines Secures Funding for 50 New Narrowbody Jets

Vietnam Airlines has signed a memorandum of understanding with Vietcombank to finance its planned purchase of 50 new narrowbody aircraft,… Read More »

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 »

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