Judge Overturns $72 Million Award in Boeing-Zunum Aero Trade Secrets Case
In a significant legal development, a US federal judge has overturned a jury’s decision that initially awarded $72 million to… Read More »
Estonia’s Nordica Privatization Moves Forward
The privatization of Estonia’s national airline, Nordica, and its parent company, Nordic Aviation Group, is likely to proceed under the… Read More »
flyExclusive Secures $25 Million Investment to Expand and Upgrade Fleet
FlyExclusive, a prominent US business jet operator, has struck a pivotal $25 million securities purchase agreement with EnTrust Global and… Read More »
Airlink Apologizes for Unauthorized Cape Town-Gaborone Flights
Airlink, the South African airline based in Johannesburg O.R. Tambo, has issued an apology to the Civil Aviation Authority of… Read More »
KLM Delays New HQ, Reviews Costs After €31 Million Operating Loss in First Half of 2024
KLM Royal Dutch Airlines has put the brakes on its plans for a new headquarters and is undertaking a critical… Read More »
JetBlue and Spirit Challenge $34 Million Legal Fees Over Abandoned Merger
JetBlue Airways (B6, New York JFK) and Spirit Airlines (NK, Fort Lauderdale International) are contesting a request for up to… Read More »
US DOJ Defends Plea Deal with Boeing Amid Controversy
The United States Department of Justice (DOJ) has defended its plea deal with Boeing (BOE, Washington National) in a recent… Read More »
WestJet Works to Restore 16 Aircraft Damaged in Hailstorm
WestJet (WS) is actively engaged in repairing 16 aircraft significantly impacted by a severe hailstorm that struck Calgary on the… Read More »
Thai AirAsia Expands Fleet with First Batch of A321neo Aircraft, Plans for Future Growth
Thai AirAsia (FD, Bangkok Don Mueang) is accelerating its fleet expansion, with plans to reach a total of 60 aircraft… Read More »
SriLankan Airlines Stake Sale Postponed Until After Presidential Election
The Sri Lankan government has decided to delay the sale of a stake in SriLankan Airlines (UL) until after the… Read More »
GTLK Europe Liquidators List Another A319 for Sale Amid Ongoing Sanctions
The liquidators of GTLK Europe, a former subsidiary of Russia’s state-owned GTLK – State Transport Leasing, have listed another Airbus… Read More »
Burford Capital Eyes Aerolíneas Argentinas Assets in Ongoing YPF Litigation Dispute
In a recent development in the legal battle over the nationalization of Yacimientos Petrolíferos Fiscales (YPF), Burford Capital, a litigation… Read More »