Bidding for Pakistan International Airlines Extended
Bidding for Pakistan International Airlines ExtendedIn a significant development, Pakistan’s Privatisation Commission has announced a one-month extension to the bidding… Read More »
Southwest Airlines Executives Purchase 3.7 Million Shares
Southwest Airlines (WN), based at Dallas Love Field, has seen significant insider buying as CEO Robert ‘Bob’ Jordan, Executive Chairman… Read More »
LATAM Airlines Secures $1.4 Billion to Reduce Debt
LATAM Airlines Group has successfully issued secured notes totaling USD 1.4 billion, maturing in 2030 with an annual interest rate… Read More »
Former Thai Airways Chairman Faces Corruption Charges
Thanong Biday, the former Thai finance minister and ex-chairman of Thai Airways International (TG, Bangkok Suvarnabhumi), appeared in a Bangkok… Read More »
Kenya Airways’ $150M Loan Converted to Treasury Bonds
A consortium of Kenyan commercial banks is set to convert KES19.3 billion (USD150 million) in loans to Kenya Airways into… Read More »
Qatar Airways Acquires 25% Stake in Virgin Australia
Qatar Airways Group has announced its acquisition of a 25% stake in Virgin Australia (VA, Brisbane International), solidifying an existing… Read More »
Former Far Eastern Air Transport Chairman Sentenced for Fraud
Zhang Gangwei, the former chairman of Far Eastern Air Transport, was sentenced to 14 years in prison by the Taipei… Read More »
LATAM Airlines Group Explores Refinancing Options for Debt
LATAM Airlines Group has announced plans to refinance its USD 450 million 13.375% Senior Secured Notes due in 2027, as… Read More »
Nigeria’s Xejet Expands Operations with All-Business-Class Flight Services
Xejet (4U) is making significant strides in the aviation industry by expanding its business scope to include scheduled operations under… Read More »
SpiceJet Settles $16.7M Aircraft Lease Dispute with ELFC
SpiceJet (SG, Delhi International) has successfully settled its USD 16.7 million lease dispute with Engine Lease Finance Corporation (ELFC), as… Read More »
Turkish Airlines Denies Interest in Acquiring Stake in PIA
Turkish Airlines has firmly refuted claims made by Pakistan’s Minister of State for Finance, Ali Pervaiz Malik, regarding its interest… Read More »
inX.aero to Manage Alpavia’s Aircraft Fleet in Slovenia
Swiss business aviation company inX.aero is set to enhance its operations by taking over the management and operation of Slovenia’s… Read More »
Supreme Court Rejects SpiceJet’s Appeal in Engine Dispute
The Supreme Court of India has upheld a decision by the Delhi High Court, rejecting SpiceJet’s attempt to overturn orders… Read More »
United Airlines to Lease 20 A321neo from SMBC Aviation
United Airlines has finalized a dry-lease agreement with SMBC Aviation Capital for 20 Airbus A321-200NX aircraft. While the deal was… Read More »
SpiceJet to Lease 10 Additional Boeing 737s for Holiday Travel Surge
SpiceJet is set to lease ten additional Boeing 737s to meet the increased travel demand expected during the upcoming holiday… Read More »
Boeing Settles Embraer JV Dispute with $150 Million Payment
Boeing has agreed to pay USD150 million to Embraer, settling an arbitration dispute over a failed commercial aviation joint venture… Read More »
Azul Linhas Aéreas Considers Private Offering Amid Restructuring
Azul Linhas Aéreas Brasileiras (AD) is considering a private offering in the first or second quarter of 2025, according to… Read More »
SpiceJet Secures Approval for INR30 Billion Fundraising
SpiceJet has successfully gained shareholder approval for a substantial capital raise, aiming to secure up to INR30 billion (approximately USD357.7… Read More »
AirAsia X Approves $1.58 Billion Capital A Acquisition
AirAsia X (D7) has received approval from Bursa Malaysia, the Malaysian Stock Exchange, for the listing and quotation of shares… Read More »
Lufthansa Group Mulls Stake in airBaltic Amid IPO Plans
Lufthansa Group is reportedly considering acquiring a stake in airBaltic as part of the Latvian airline’s upcoming privatization process, according… Read More »
Air India Express to Remove Business Class from Boeing 737s
Air India Express, the low-cost subsidiary of Air India, is set to phase out its small business class cabin on… Read More »
Lufthansa Group and airBaltic Sign Wet-Lease Dealfor 21 A220-300s
Lufthansa Group has entered into a strategic three-year wet-lease agreement with airBaltic (BT), which will involve up to twenty-one A220-300… Read More »