Qatar Airways Acquiring 19% Stake in Virgin Australia
Qatar Airways (QR) is set to acquire a 19% stake in Virgin Australia (VA), with the deal expected to be… Read More »
Singapore Airlines to Acquire 25.1% Stake in Air India
The Indian government has granted approval for Singapore Airlines (SQ) to acquire a 25.1% stake in the expanded Air India… Read More »
ITA Airways Secures $240 Million Financing for Fleet Expansion
ITA Airways, the Italian airline, has announced a significant financial milestone with its wholly-owned subsidiary securing $240 million in private… Read More »
Aeroméxico Secures $200M Loan for Fleet Expansion and Growth
Aeroméxico (AM) has secured a three-year syndicated loan of $200 million from BBVA México, marking its return to the Mexican… Read More »
Brazil Approves BRL 5 Billion Credit Support for Airlines
Brazil’s Chamber of Deputies has approved a crucial amendment to the National Civil Aviation Fund (Fundo Nacional de Aviação Civil… Read More »
Air Belgium Creditors to Vote on Restructuring Plan
Creditors of Air Belgium (KF) are set to vote on the airline’s reorganisation plan on September 4, 2024, or submit… Read More »
Caribbean Airlines to Acquire New Aircraft for South America
The Trinidad and Tobago government has given the green light for Caribbean Airlines (BW) to acquire new aircraft, specifically aimed… Read More »
SpiceJet Defends Against Renewed Damages Claims from Former Promoter Maran and KAL Airways
In the ongoing legal battle with former promoter Kalanithi Maran and KAL Airways, SpiceJet has vehemently refuted a damages claim… Read More »