Brazil’s GOL Secures $1.9B to Exit Chapter 11 Restructuring
GOL Linhas Aéreas Inteligentes has finalized a USD1.9 billion financing package to exit Chapter 11 bankruptcy, exceeding earlier expectations after… Read More »
US Court Approves Silver Airways DIP Funding and Sale Auction
The U.S. Bankruptcy Court has approved Silver Airways’ immediate access to USD5.5 million in debtor-in-possession (DIP) financing from KIA II… Read More »
Serene Air Secures Strategic Investor to Boost Operations
Serene Air has signed a memorandum of understanding with an undisclosed investor to secure a strategic equity investment, the airline… Read More »
Garuda Indonesia in Talks With Sovereign Wealth Fund Danantara
Garuda Indonesia is reportedly in early discussions with Indonesia’s sovereign wealth fund Danantara regarding a potential capital injection, according to… Read More »
Airlines Begin Resuming Flights to Tel Aviv and Beirut
KLM Royal Dutch Airlines, Wizz Air, and SAS Scandinavian Airlines are among the first carriers to resume scheduled flights to… Read More »
Nepal Airlines Criticised Over Delayed Aircraft Loan Repayments
Nepal’s Auditor General has again criticised Nepal Airlines for failing to meet loan repayment obligations tied to aircraft purchases. In… Read More »
Bangladesh’s NovoAir to Resume Flights After Temporary Halt
NovoAir will resume scheduled passenger flights on May 21, 2025, following a temporary suspension that began on May 2 as… Read More »
Brazil’s Azul Considers Chapter 11 Amid Debt, Merger Talks
Azul Linhas Aéreas Brasileiras is reportedly weighing a potential Chapter 11 bankruptcy filing as part of broader efforts to address… Read More »
Boeing Fights Sanctions in Comair 737 MAX Refund Dispute
Boeing has asked a U.S. federal court to dismiss a request by the estate of defunct South African airline Comair… Read More »
RwandAir CEO Plans to Double Fleet, Expand African Routes
RwandAir plans to double its fleet over the next five years and expand its route network across Eastern and Southern… Read More »
Air India Urges End to IndiGo–Turkish Airlines Partnership
Air India has reportedly requested the Indian government to terminate the lease and codeshare partnership between IndiGo Airlines and Turkish… Read More »
Nigeria Announces New Insurance Rules for Leased Aircraft
The Nigerian federal government has introduced new aircraft lease insurance regulations designed to align with the Cape Town Convention and… Read More »
GOL Board Proposes Capital Hike to Support Restructuring
The board of GOL Linhas Aéreas Inteligentes has proposed a capital increase of BRL5.34 billion to BRL19.25 billion (USD940 million… Read More »
Romania’s Dokia Air Eyes Long-Range Business Jet Expansion
Dokia Air is preparing to expand into the long-range business jet segment, aiming to add an aircraft with a range… Read More »
Air India Restarts Non-Stop US Flights Amid Airspace Limits
Air India has resumed non-stop flights on select North American routes from Delhi and Mumbai, bypassing the costly fuel stops… Read More »
Air Mauritius Reviews Fleet Deals, Investigates Engine Damage
Air Mauritius has launched dual investigations into past fleet decisions and engine maintenance failures that have led to major financial… Read More »
Turkey’s ULS Airlines Cargo Launches First A330-300 Freighter
ULS Airlines Cargo has commenced operations with its first Airbus A330-300(P2F), marking a key milestone in the Turkish cargo carrier’s… Read More »
t’way Air to Launch Seoul–Vancouver Flights in July 2025
South Korea’s t’way Air will launch direct flights between Seoul Incheon and Vancouver International Airport on July 12, 2025, marking… Read More »
Asiana Airlines Boosts Air Seoul Stake, Supports LCC Units
Asiana Airlines has raised its ownership in low-cost carrier Air Seoul to 100% by acquiring 36 million additional shares for… Read More »
LAM Mozambique Appoints Global Experts for Airline Turnaround
LAM Mozambique Airlines has appointed aviation veteran Dane Kondić to lead its restructuring, marking the airline’s third management shake-up in… Read More »
Tavaero Jet Charter Continues Fleet Renewal Into 2025
Houston-based Tavaero Jet Charter will continue upgrading its fleet through 2025, co-owner Marcela White confirmed in an exclusive interview. Following… Read More »
FAA Proposes Hourly Flight Limits at Newark Airport
The U.S. Federal Aviation Administration (FAA) will hold a meeting on May 14, 2025, to discuss limiting hourly aircraft movements… Read More »
US Grants Tariff Exemption to UK Aerospace Industry
The United States has agreed to exempt the United Kingdom’s aerospace sector from new import tariffs, allowing companies like Rolls-Royce… Read More »
Norway to Convert Loan Into 6.37% Stake in Norwegian Air
Norway’s Ministry of Trade, Industry and Fisheries will convert half of its 2021 rescue loan to Norwegian Group into equity,… Read More »
ITA Airways Eyes U.S. Routes, Targets Profit by 2027
ITA Airways is evaluating five potential long-haul routes, primarily to North America, as part of its strategy to reach profitability… Read More »
Västflyg Adds Bromma–Visby Route, Boosts Stockholm Presence
Swedish virtual airline Västflyg plans to expand its operations at Stockholm Bromma Airport with a new route to Visby, expected… Read More »