777 Partners Seeks Restructuring Advice After Bonza Airline Collapse
777 Partners, the Miami-based investment firm, has enlisted Los Angeles-based B Riley Advisory Services to aid in restructuring following the… Read More »
AELF Gains $40 Million Funding to Boost Boeing 737-800 Fleet Amid Market Opportunities
AELF – Aircraft Engine Lease Finance has successfully obtained a $40 million credit facility from Merchants Bank of Indiana, a… Read More »
Camair-Co’s Debt Crisis Deepens as It Remains Second Most Indebted State-Owned Enterprise in Cameroon
Camair-Co, the national airline of Cameroon, headquartered in Douala, continues to grapple with a staggering debt burden totaling XAF124 billion… Read More »
Lufthansa Anticipates Boeing 777-9 Delivery Delay Until Mid-2026, Says CEO Jens Ritter
Lufthansa CEO Jens Ritter has announced that the airline now expects the delivery of its first Boeing 777-9 aircraft to… Read More »
Etihad Airways Plans Moderate Fleet Expansion Amid IPO Ambitions
Etihad Airways, based at Abu Dhabi International, is planning a cautious expansion of its fleet, aiming to increase its size… Read More »
Emirates Set to Launch A350-900 Services to Bahrain in September 2024
Emirates has announced the inaugural flight of its A350-900 aircraft, set to commence on September 15, 2024, with a daily… Read More »
Hahn Air Agrees to $26.8 Million Settlement in US Travel Fees Dispute
Hahn Air, along with its subsidiary Hahn Air USA Inc., has agreed to pay $26.8 million to settle allegations that… Read More »
Pakistan Moves Closer to Privatizing PIA with Recent Regulatory Approvals
The planned privatization of Pakistan International Airlines (PIA), the state-owned carrier, has made significant progress with recent approvals from the… Read More »