Ernst & Young Chosen to Advise on Partial Privatisation of Pakistan’s PIA
The Pakistani government has selected Ernst & Young, a multinational business consultancy firm, to lead a consortium as its financial… Read More »
Sri Lankan Government Allocates $335.8 Million to Settle SriLankan Airlines Debt Ahead of Privatization
In preparation for the partial privatization of SriLankan Airlines, the Sri Lankan government is set to allocate LKR109.9 billion rupees… Read More »
Turkish Airlines Secures Leases for 20 Narrowbodies and 1 Widebody in Expansion Move
Turkish Airlines (TK), based at Istanbul Airport, has finalized lease agreements for a substantial fleet expansion, signing contracts with leading… Read More »
Hellenic Seaplanes Adjusts Launch Timeline to Elevate Europe’s Largest Seaplane Network Ambition
Greek start-up Hellenic Seaplanes, based in Athens, has recalibrated its flight operations launch schedule, postponing it to the second quarter… Read More »
Cebu Pacific Plans Grounding of 20 A320neo Aircraft Over Pratt & Whitney Engine Issues
Cebu Pacific Air, the Philippines-based low-cost carrier, is set to ground ten A320neo Family aircraft in January 2024 for mandatory… Read More »
Pakistan Continues Talks with Qatar over PIA Stake as Privatization Efforts Progress
The Pakistani government is actively engaging in discussions with the Qatari government regarding a potential stake in Pakistan International Airlines… Read More »
Emirates Considers Extending A380 Operations Until the Early 2040s
Emirates, the Dubai-based airline, is contemplating the continued operation of its fleet of A380-800s well into the late 2030s or… Read More »
Falcon Aviation Services Expands Fleet Capabilities with DHC-8-Q400 Quick Change Conversions
In a strategic move to diversify its operations, Falcon Aviation Services (FVS), based in Abu Dhabi Bateen, has acquired two… Read More »
Setback for United Airlines as Houston Terminal B Expansion Hits Roadblock
The ambitious expansion plan for Terminal B at Houston Intercontinental Airport has hit a snag as Chris Brown, the city… Read More »
Kenya’s Advantage Air Plans Expansion with DHC-8-Q400s in Quick Change Configuration
Kenyan cargo specialist Advantage Air, based in Nairobi Wilson, is gearing up for expansion with the addition of an undisclosed… Read More »
Sichuan Airlines Leads the Way with China’s First A321PCF Freighter Operation
In a groundbreaking move, the parent company of Sichuan Airlines (3U, Chengdu Shuangliu) has officially taken delivery of China’s first… Read More »
Flybig Halts Operations as Lessors Retrieve Aircraft Amid Technical Challenges
Indian regional carrier flybig has temporarily suspended operations as lessors move to repossess their aircraft, citing technical challenges and supply… Read More »
Qatar Airways Faces Tax Evasion Probe in India: Investigations Uncover Potential Irregularities
Qatar Airways is under scrutiny in India as part of a long-running investigation by Indian financial crime agencies into alleged… Read More »
ASL Aviation Holdings Secures $104 Million Financing from Investec for Aircraft Fleet Expansion
ASL Aviation Holdings has successfully secured a substantial long-term loan and revolving credit facility (RCF) amounting to USD 104.1 million… Read More »
Aeroflot Group and BOC Aviation Settle Dispute: $208 Million Agreement Reached
In a major development, Aeroflot Group has successfully concluded a settlement with lessor BOC Aviation, resolving issues surrounding eight aircraft… Read More »
Serbia Takes Full Control of Air Serbia as Etihad Exits
In a pivotal development, Serbia is set to acquire the remaining stake in its national carrier, Air Serbia (JU, Belgrade),… Read More »
Thai Airways Unveils Plan for 23 Leased Aircraft by 2025 as Part of Restructuring Success
Thai Airways International (TG), as part of its robust restructuring plan, is set to welcome 23 leased aircraft into its… Read More »
Oman Air Elevates Cargo Operations with Delivery of First 737-800 Freighter
Oman Air (WY), the national carrier of Oman, has marked a significant milestone with the delivery of its inaugural maindeck… Read More »
Sky One Expands Global Presence: Signs MoU to Acquire Stake in Libya’s FLY OYA
In a strategic move to enhance its aviation portfolio, UAE-based Sky One has inked a Memorandum of Understanding (MoU) signaling… Read More »
Norway’s Norse Atlantic Secures NOK 612 Million in Private Placement and Adjusts Ownership Structure
Norwegian low-cost long-haul carrier, Norse Atlantic Airways (N0), has successfully concluded a recent private placement, securing impressive gross proceeds of… Read More »
Pascan Aviation Faces Cutbacks as Quebec Ends Air Travel Subsidy Program
Pascan Aviation, based in Canada, has issued a warning of impending cutbacks to its network and potential layoffs following the… Read More »
Sky One Expands Global Reach: Signs MoU for Substantial Stake in FLY OYA
Sky One, the prominent aviation player based in Sharjah, has taken a major step in expanding its global footprint by… Read More »