Liquidators of GTLK Europe Sue Underwriters for Payouts
Irish liquidators representing GTLK Europe and GTLK Europe Capital, formerly Irish subsidiaries of Russian state-owned lessor GTLK – State Transport… Read More »
Elite Airways Faces Operating Authority Revocation After Dormancy, Seeks to Reapply
The US Department of Transportation (DOT) has revoked the operating authority of Elite Airways after the airline ceased operations in… Read More »
Air Vanuatu Restores 737 and ATR72 to Service, Eases Capacity Concerns
Air Vanuatu has successfully returned its sole B737-800 and ATR72-600 aircraft to service, alleviating capacity constraints at the South Pacific… Read More »
Capital A Secures $150 Million Five-Year Term Loan for AirAsia Group
Malaysian company Capital A, the owner of the AirAsia Aviation Group, has successfully secured a five-year term loan facility of… Read More »
Silk Way West Airlines Expands Fleet with First Boeing 777-200F
Silk Way West Airlines, based in Azerbaijan, has taken delivery of its inaugural B777-200F on September 30, 2023, marking the… Read More »
SAS Scandinavian Airlines Faces Battle for Control as Duelling Investors Compete
In a high-stakes bid for control, SAS Scandinavian Airlines (SK) is currently caught in the crossfire between two rival… Read More »
A Journey to the North Pole and Beyond with the Airbus A321XLR
Airbus’ newest and longest-range single-aisle jet, the A321XLR, is undergoing a series of international test flights to demonstrate its performance… Read More »
How Transavia France Boosts Its Ancillary Revenue with Planitas
Transavia France, the low-cost carrier under the Air France-KLM Group, has entered into a strategic partnership with Planitas, a leading… Read More »
Delta and United Maintain Strong Demand Trajectories in Challenging Airline Industry, Says Citi
Recent months have posed challenges for airline stocks due to rising fuel prices and the conclusion of the peak summer… Read More »
SKY Airline Expands Interregional Network, Enhancing Southern Chilean Connectivity
SKY Airline, Chile’s prominent low-cost carrier, is poised to reinforce its interregional network by introducing two new vital routes originating… Read More »
UPS and FedEx Customers Gain Leverage in Delivery Price Negotiations
U.S. retailers and other delivery customers are finding it easier to secure discounts from United Parcel Service (UPS) and FedEx,… Read More »
Finnair Reports Strong Demand Despite Inflation and Last-Minute Bookings
Finnair, a leading Finnish airline, has demonstrated remarkable resilience in the face of global economic challenges, including high inflation and… Read More »
Korean Air Set to Restore and Expand Winter Flight Network
Korean Air, South Korea’s national flag carrier and the country’s largest airline, has unveiled ambitious plans to revitalize and expand… Read More »
Jet2.com Resumes Operations at Vienna Airport Between Northern England and Austrian Capital
Jet2.com, a prominent British low-cost leisure airline, has triumphantly returned to Vienna Airport on September 29, 2023, following a pandemic-induced… Read More »
Auditor General Raises Concerns Over PIA’s Maintenance Delays Costing USD 134 Million
A recent report by the Auditor General of Pakistan has uncovered significant financial implications for PIA – Pakistan International Airlines… Read More »
Air Tanzania Welcomes First Boeing 737-9, Pioneering the Type in Africa
Air Tanzania (TC, Dar es Salaam) has taken delivery of its inaugural B737-9, marking a significant milestone as the first… Read More »
Arik Air Shareholders Accuse AMCON of Mismanagement and Breaches
Shareholders of Nigeria’s Arik Air (W3, Lagos) have criticized the Asset Management Corporation of Nigeria (AMCON) and its Managing Director,… Read More »
Portugal Passes Law to Commence Reprivatization of TAP Air Portugal
The Portuguese government has given its approval for the initiation of TAP Air Portugal’s reprivatization, disclosing plans to sell a… Read More »
Volaris Successfully Completes $85 Million Notes Offering in Mexico
Mexican low-cost carrier Volaris has successfully concluded the issuance of 15 million asset-backed trust notes, raising MXN 1.5 billion pesos… Read More »
Australian Government Minister Refuses Senate Committee Appearance on Qatar Airways Decision
The Australian minister responsible for denying additional flying rights to Qatar Airways, Catherine King, will not be compelled to… Read More »
Japanese Airlines Air Do and Solaseed Air to Merge Maintenance Units
In the ongoing process of synergizing operations following their merger a year ago, Japanese carriers Air Do and Solaseed Air,… Read More »
Canada’s Lynx Air Secures Approval for European Flights
Canada’s ultra-low-cost carrier, Lynx Air, has received ten international licences for scheduled passenger services with large aircraft, allowing operations to… Read More »