Jet Airways Acquisition Stalls as Consortium Seeks Court Permission for Payment Instrument Swap
The revival of Jet Airways faces another hurdle as the Jalan Kalrock Consortium (JKC), the prospective new owners, sought court… Read More »
Go First Receives Expressions of Interest from Three Potential Buyers
India’s troubled airline, Go First, has seen a glimmer of hope as three entities have submitted formal expressions of interest… Read More »
Alliance Air Set to Receive $140 Million from New Delhi for FY 2024-2025
Alliance Air, a key player in India’s regional aviation sector, is poised for a significant financial boost with a proposed… Read More »
Malaysian Travel Agency Transonic Jet Set to Acquire My Jet Xpress Airlines in Strategic Move
In a significant development within the Malaysian aviation industry, Transonic Jet Sdn Bhd, primarily known for its involvement in the… Read More »
Aircastle Secures $43 Million Settlement from Russian Airlines Amidst Global Lease Disputes
In a notable development within the aviation leasing industry, Aircastle has announced a settlement agreement with two Russian airlines, amounting… Read More »
High Court Clears Former Air Zimbabwe Executives of Fraud Charges
In a significant legal turnaround, Zimbabwe’s High Court has annulled the fraud convictions of two former executives of Air Zimbabwe,… Read More »
Air Peace Seeks Collaboration with Norse Atlantic for London Gatwick Flights
Air Peace, Nigeria’s leading airline, is exploring a partnership with Norse Atlantic (United Kingdom) to initiate services between Lagos and… Read More »
Sociedad Uruguaya de Aviación Plans to Launch with Airbus Fleet
Sociedad Uruguaya de Aviación (SUA) is setting the stage to introduce a new flag carrier in Uruguay, aiming to enhance… Read More »
GOL Linhas Aéreas Inteligentes Grapples with $2.7 Billion Debt Amid Chapter 11 Filing
GOL Linhas Aéreas Inteligentes, a leading airline based in Sao Paulo, Brazil, is facing a daunting financial challenge with near-term… Read More »
Alaska Airlines Seeks $150 Million Compensation from Boeing for 737-9 Grounding Incident
Alaska Airlines is set to request at least $150 million in compensation from Boeing due to significant losses incurred from… Read More »
Korean Air-Asiana Merger Receives Approval from Japan’s Fair Trade Commission
Japan’s Fair Trade Commission (JFTC) has officially approved the highly anticipated merger between Korean Air and Asiana Airlines, marking a… Read More »
Air Premia Set to Expand North American Flights with Lease of Four Korean Air 787s
Air Premia, the Seoul Incheon-based airline, is reportedly finalizing a lease agreement with Korean Air for four Boeing 787-9 aircraft,… Read More »
SpiceJet Triumphs in Legal Dispute Against Wilmington Trust Over Insolvency Claims
In a notable legal victory for SpiceJet, the National Company Law Tribunal (NCLT) in India has rejected an insolvency petition… Read More »
Flair Airlines Anticipates Delivery Delays Amid Boeing Challenges and Financial Hurdles
Flair Airlines, the Canadian ultra-low-cost carrier (ULCC) based in Kelowna, is bracing for a year of limited growth in 2024,… Read More »
JetBlue and Spirit Airlines Seek Swift Appeal After Merger Block by US Court
JetBlue Airways and Spirit Airlines are actively pursuing an expedited appeal process, following a recent decision by the US District… Read More »
Ryanair Eyes United Airlines’ 737-10s Amid Boeing Criticism
In a strategic move within the aviation industry, Ryanair has expressed interest in acquiring any Boeing 737-10 aircraft that United… Read More »
Air Astana Announces IPO with $300 Million Target: A Strategic Move for Expansion
Air Astana, Kazakhstan’s flagship airline, is making significant strides in the financial world with its announcement of a dual listing… Read More »
Malaysia Airlines Gears Up for A330neo Arrival and Fleet Expansion in 202
s, a key player in the aviation industry, is set to elevate its fleet capabilities significantly this year. The airline,… Read More »
Maldivian Airline Set to Expand with Widebody Aircraft Operations by Late 3Q24
In a significant development for the aviation sector in the Maldives, the national carrier, Maldivian, based in Malé, is poised… Read More »
Lagos State, Nigeria Sets Sights on Launching Own Airline and Constructing New Airport at Lekki
Lagos State, located in southwestern Nigeria, is making strategic moves to bolster its aviation sector with plans to establish its… Read More »
SpiceJet’s Strategic Move: Board Approves Major Share and Warrant Issue
In a significant development for Indian aviation, SpiceJet, a prominent airline based in Delhi, has taken a major step in… Read More »
Azores Airlines Launches A320neo Operations with Inaugural Flight
Azores Airlines, the Portugal-based carrier, has officially commenced operations with its new A320-200N aircraft, marking a significant upgrade in its… Read More »