Ultimate Jet Enters Chapter 11 Bankruptcy, Vows to Continue Operations
Ultimate Jet (Ultimate JetCharters, LLC), a private jet charter company based in Akron Regional, has initiated Chapter 11 bankruptcy proceedings… Read More »
Licensing Dispute Between New Haven Airport Authorities Resolved
The Tweed New Haven Airport Authority (TNHAA) and the Connecticut Airport Authority (CAA) have recently settled a licensing dispute over… Read More »
Talofa Airways Expands Fleet with Third Aero Twin Commander 690B
In a significant move to bolster its operations, Talofa Airways, based in Apia Faleolo, Samoa, has welcomed its third aircraft,… Read More »
Bursa Malaysia Rejects AirAsia X’s Bid to Exit PN17 Status Despite Positive Financial Performance
In a surprising development, Bursa Malaysia has rejected AirAsia X’s application to exit PN17 status, despite the low-cost carrier’s reported… Read More »
Asian Life Insurance Secures 49% Stake in Yeti Airlines, Paving the Way for Anticipated IPO
In a significant move, Asian Life Insurance, a prominent Nepalese insurance company, has successfully acquired a substantial 49% stake in… Read More »
Warning Issued as Sri Lanka Plans Partial Privatization of SriLankan Airlines
Sri Lanka’s Minister of Ports, Shipping, and Aviation, Nimal Siripala de Silva, has issued a warning that more aircraft at… Read More »
Conflict of Interest Concerns Arise Over Sirius India Airlines Pvt. Ltd Linked to SpiceJet Executives’ Spouses
The spouses of two senior executives at SpiceJet, one of India’s prominent airlines, have raised conflict of interest concerns by… Read More »
Tashkent Formalizes Change in Silk Avia Ownership and Fleet Expansion
A recent presidential decree, number PK-337, has officially transferred full control of Silk Avia to Uzbekistan Helicopters, a subsidiary of… Read More »