FedEx Express Unveils Tricolour Plan for Fleet Restructuring and Efficiency
FedEx Express has announced a significant restructuring of its fleet to enhance operational efficiency and cater to diverse parcel delivery… Read More »
Venezuela’s Avior Airlines Reaches Settlement in US Court Over Exit Fee Dispute
Avior Airlines, a Venezuelan carrier, has recently settled a class action lawsuit in the US District Court for the Southern… Read More »
Air India Welcomes First A350-900, Preparing for Early 2024 Service
Air India has marked a significant milestone in its fleet modernization by taking delivery of its first Airbus A350-900. The… Read More »
Aegean Airlines Enhances Fleet with Two A320-200s via Wet-Lease Deal with Cyprus Airways
Aegean Airlines, based in Athens, Greece, has entered into a long-term ACMI (Aircraft, Crew, Maintenance, and Insurance) contract with Cyprus… Read More »
Nepal Airlines Announces Auction for MA-60s and Y12s Amidst Attempts to Offload Chinese Aircraft
Nepal Airlines, the flag carrier of Nepal based in Kathmandu, has issued a new tender notice for the auction of… Read More »
Hawaiian Airlines Open to Alternative Proposals If Alaska Airlines Merger Falters
Hawaiian Airlines, headquartered in Honolulu, has indicated its openness to considering other buyout offers should the proposed USD 1.9 billion… Read More »
KLM Welcomes Increased Flight Capacity at Schiphol Airport Amid Tight Preparation Timeline
KLM Royal Dutch Airlines has expressed its satisfaction with Amsterdam Schiphol Airport’s recent decision to allow 483,000 aircraft movements in… Read More »
Southwest Airlines Fined $140 Million by DoT for Winter Storm Flight Disruptions
Southwest Airlines has been ordered to pay a hefty fine of USD 140 million by the U.S. Department of Transportation… Read More »
LATAM Airlines Group Expands Fleet with Five Additional Boeing 787s and New GEnx Engines
LATAM Airlines Group has made a strategic decision to expand its long-haul fleet by placing an incremental order with Boeing… Read More »
JAL Launches First Dedicated Freighter for DHL Express, Expanding Cargo Operations
Japan Airlines (JAL) is set to debut its first dedicated freighter, servicing international routes for DHL Express from Tokyo Narita… Read More »
Kansas Businessman Pleads Guilty to Illegal Avionics Sales to Russia, Faces Up to 25 Years in Prison
A Kansas businessman, Cyril Gregory Buyanovsky, 60, is facing a prison sentence of up to 25 years after pleading guilty… Read More »
Saudi Arabia’s flynas Sets Sights on IPO in 2024, Engages Top Financial Firms
Saudi Arabian low-cost carrier flynas is gearing up for a potential initial public offering (IPO) on the Saudi Exchange in… Read More »
SpiceJet Ordered to Pay USD 445,000 to Engine Lessors by Delhi High Court
The Delhi High Court has ruled against SpiceJet, the Indian low-cost carrier, mandating the airline to pay INR 37 million… Read More »
Norwegian’s $110 Million Takeover of Widerøe Receives Green Light from Oslo
Norway’s competition authority, Konkurransetilsynet, has given the green light to Norwegian’s acquisition of domestic competitor Widerøe. This approval comes despite… Read More »
TUI Group Evaluates Potential Shift from London to Frankfurt Stock Exchange
TUI Group, a prominent travel and tourism company, is actively considering the feasibility of delisting from the London Stock Exchange… Read More »
Kalitta Charters II Set to Phase Out Boeing 727s in 2024, Shifting to All-737 Freighter Fleet
Kalitta Charters II, based in Detroit Willow Run, is preparing to bid farewell to its final two Boeing 727-200F aircraft… Read More »
Air Transat Braces for A321neo Groundings in 2024 Due to Engine Inspections
Air Transat, operating from Montréal Trudeau, anticipates grounding up to a third of its Airbus A321-200NX(LR) fleet by the end… Read More »
Juneyao Air Receives New 787-9, Marking First Delivery to Chinese Carrier in Four Years
Juneyao Air, based in Shanghai, has recently acquired its seventh Boeing 787-9, signifying the first delivery of this aircraft model… Read More »
Finnair Secures Ownership of Six A321-200s from BOC Aviation in Strategic Move
Finnair has successfully completed the acquisition of six Airbus A321-200 aircraft, which it was previously leasing from BOC Aviation, a… Read More »
Air India Express Finalizes 737-8 Sale and Leaseback Agreement with Griffin and Bain Capital
Air India Express, a subsidiary of the Tata Sons-owned Air India, has recently cemented a significant sale and leaseback… Read More »
Dubai’s DAE Capital Secures $118 Million Settlement in Aeroflot Aircraft Deal
Dubai-based aircraft lessor DAE Capital has successfully navigated a complex financial settlement, securing approximately $118 million in a cash insurance… Read More »
Loganair Announces Retirement of Saab 340 Fleet in Early 2024
Loganair (LM, Glasgow International), the prominent Scottish regional airline, has declared its plans to retire the Saab 340Bs from its… Read More »