Cargolux Secures $10.4M EU Payout Over Cartel Fine Interest
Cargolux has received EUR9.17 million (USD10.4 million) from the European Commission as part of a settlement over interest owed on… Read More »
Bangladesh Opens Sylhet, Chittagong to Ease Cargo Pressure
The Civil Aviation Authority of Bangladesh (CAAB) has approved international cargo operations from Sylhet and Chittagong airports in response to… Read More »
NZ Council Rejects Air Chathams Support for Whakatāne Route
New Zealand’s Whakatāne District Council has declined multiple funding and support requests from Air Chathams for its Auckland-Whakatāne route. During… Read More »
AirAsia Capital A Seeks Shareholder OK for $1.36B Equity Reduction
Malaysia’s Capital A is seeking shareholder approval for a capital reduction of up to MYR6 billion (USD1.36 billion) to offset… Read More »
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 »
Insurance Settlement for Russia-Expropriated Aircraft Nears in Ireland
A near-complete settlement of war risk and all-risk insurance claims related to aircraft expropriated by Russian airlines in 2022 is… Read More »
US FAA Reinstates Thailand’s IASA Category 1 Safety Rating
The US Federal Aviation Administration (FAA) has restored Thailand’s Category 1 International Aviation Safety Assessment (IASA) rating, enabling Thai airlines… Read More »
China Southern Air Cargo Considers Hong Kong IPO: Report
China Southern Air Holding is reportedly exploring a potential initial public offering for China Southern Air Cargo on the Hong… Read More »
Court Approves Air Belgium’s Cargo Business Transfer to CMA CGM
Air Belgium has secured a vital lifeline after the Business Court of Brabant Wallon authorized the transfer of the airline’s… Read More »
SkyWest Boosts Share Buyback Plan by $250 Million
SkyWest Airlines has expanded its share repurchase program by an additional $250 million, bringing the total remaining authorized amount available… Read More »
KLM May Wet-Lease Air France Jets for JFK Route in Summer 2025
The U.S. Department of Transportation has approved a request allowing Air France to wet-lease aircraft to KLM Royal Dutch Airlines… Read More »
Goldeck-Flug Adds Global Express, Challenger 300 in Bizjet Return
Austrian charter operator Goldeck-Flug is set to reenter the business jet market after a three-year hiatus, with plans to add… Read More »
US Class Action Targets Jeju Air Crash, FAA Engine Oversight
A leading U.S. law firm has initiated legal steps that could lead to multimillion-dollar litigation over the December 29, 2024,… Read More »
Malaysia Aviation Group Navigates Rising Costs, Eyes COMAC Jets
Malaysia Aviation Group (MAG) remains financially stable despite rising costs from global trade tensions and has no plans to seek… Read More »
Five Airlines Propose Remedies for Transatlantic Operations Inquiry
The UK’s Competition and Markets Authority (CMA) is preparing to accept binding commitments offered by IAG International Airlines Group, American… Read More »
Air Seoul Faces Financial Struggles as Auditors Flag Risks
Air Seoul is facing serious financial challenges, with auditors raising concerns about its ability to continue operating as a going… Read More »
IndiGo Airlines Adds Two More Boeing 787-9s on Damp Lease
IndiGo Airlines has expanded its partnership with Norse Atlantic Airways by damp-leasing two additional Boeing 787-9 aircraft, bringing the total… Read More »
UPS to Cut 20,000 Jobs as Amazon Volumes Drop by 2026
UPS plans to lay off 20,000 employees and shutter 73 facilities as it significantly scales back its partnership with Amazon… Read More »
Airbus CEO Supports EU Tariffs if US Talks on Boeing Fail
Airbus CEO Guillaume Faury has stated that Europe should impose retaliatory tariffs on Boeing aircraft imports if the United States… Read More »
Air Peace Cites Safety for Delays, Rejects Fleet Shortage Claims
Air Peace has defended its recent flight delays and cancellations, citing safety as the primary reason rather than fleet shortages…. Read More »
Contour and Spirit Airlines Partner to Expand EAS Connectivity
Contour Airlines and Spirit Airlines have announced a new partnership aimed at improving connectivity between underserved Essential Air Service (EAS)… Read More »
BermudAir Denied Licence but Wins Exemption to Keep Flying
Bermuda’s Air Transport Licensing Panel has denied BermudAir’s application for an Air Transport Licence, though the airline has been granted… Read More »