Lilium Faces Bankruptcy as Subsidiaries Prepare to Fold
Lilium NV, the parent company of Germany’s Lilium (Oberpfaffenhofen) and Lilium eAircraft, is on the brink of bankruptcy, warning that… Read More »
Wheels Up Expands Fleet, Secures $330M Credit Facility
Wheels Up (WUP), based in Teterboro, New Jersey, has announced an ambitious fleet modernization strategy aimed at enhancing its service… Read More »
Judge Blocks Attempt to Reopen Alaska Airlines Merger Case
A U.S. District Court judge has officially denied an application to re-hear a dismissed lawsuit regarding the USD 1.9 billion… Read More »
Qantas Retires Last Boeing 717, Ending 20-Year Era in Australia
Qantas has officially retired its last Boeing 717-200 from commercial operations, marking the end of over two decades of service… Read More »
TAP Air Portugal’s Share Capital Reduced by Lisbon
The Portuguese government, through the state-owned assets oversight board (Direção Geral do Tesouro e Finanças – DGTF), has recently approved… Read More »
Brazil’s Azul Faces Investor Challenges, Needs $400M
Azul Linhas Aéreas Brasileiras (AD, São Paulo Viracopos) is currently navigating a challenging financial landscape as it seeks to raise… Read More »
Frontier Airlines Eyes New Bid for Spirit Airlines
Frontier Airlines is reportedly considering a renewed bid for Spirit Airlines, according to a recent article by the Wall Street… Read More »
Cathay Pacific Faces Further Delays in Boeing 777X Deliveries
Cathay Pacific has expressed disappointment over the latest delivery delays of Boeing’s 777X aircraft, as reported by Bloomberg this week…. Read More »