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 »
Brussels Airlines Expands Fleet with Three A330-300s
Brussels Airlines (SN) is set to enhance its widebody fleet by adding three more A330-300 aircraft in the coming years,… Read More »
SpiceJet to Reactivate 28 Aircraft in INR32.36 Billion Capital Plan
SpiceJet is gearing up for a significant fleet expansion as part of its strategy to attract investors for a planned… Read More »
Etihad Airways Delays IPO to 2025 to Showcase 2024 Results
Etihad Airways, owned by the Abu Dhabi sovereign wealth fund ADQ, has postponed its planned stock market debut to 2025,… Read More »
Colombo Businessman Launches Air Ceilão to Transform Aviation in Sri Lanka
A Colombo-based entrepreneur is set to introduce a new scheduled passenger carrier named Air Ceilão, aimed at transforming Sri Lanka… Read More »
JetBlue Boosts Q3 Revenue Outlook Amid Industry Disruptions
JetBlue Airways has revised its third-quarter revenue guidance upwards, citing disruptions at other US carriers, notably Delta Air Lines, which… Read More »
Cathay Pacific Unit Seeks $2.5 Billion Debt Listing
Cathay Pacific MTN Financing (HK) Limited (CPMFHK), a fully-owned subsidiary of Cathay Pacific, has applied to the Hong Kong Stock… Read More »
DoT Investigates Major U.S. Airlines’ Frequent Flyer Programs
The US Department of Transportation (DOT) has initiated an investigation into the frequent flyer programs of American Airlines, Delta Air… Read More »
Hainan Airlines Leasing Five A320neo Aircraft from Avolon
Hainan Airlines Holding (HAH) has signed an agreement with aircraft leasing giant Avolon for the operating lease of five Airbus… Read More »
India’s DGCA Issues Show Cause Notice to Akasa Air for Regulatory Breaches
India’s Directorate General of Civil Aviation (DGCA) has issued a show cause notice to Akasa Air following a surprise audit… Read More »
Aegean Airlines Invests EUR50 Million in Volotea, Secures Up to 21% Stake
Aegean Airlines (A3) has announced a significant commercial joint venture and equity investment in Spanish low-cost carrier Volotea (V7), potentially… Read More »
Azul Airlines Negotiates Debt Settlement, Rules Out Chapter 11
Azul Linhas Aéreas Brasileiras (AD) has confirmed it is not considering filing for Chapter 11 bankruptcy protection in the United… Read More »
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 »
Abra Group Secures $1.3 Billion to Refinance Debt
Abra Group has taken a significant step to stabilize its financial position by entering into a commitment letter with investment… 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 »