CDB Aviation Secures $194 Million Payout from Russian Insurer for Aeroflot Aircraft Settlement
In a significant development, CDB Aviation has successfully received a substantial payout of CNY1.42 billion yuan (USD194 million) from the… Read More »
Denial of Investment Talks: IndiGo Founder Refutes Rumors of Stake Acquisition in SpiceJet
In a swift response to recent rumors, sources close to Rakesh Gangwal, co-founder and majority owner of IndiGo Airlines, have… Read More »
Air India Expands Fleet with Arrival of First Leased A320neo in Late 2024
In a strategic move to address capacity and connectivity needs, Air India has taken delivery of the first of a… Read More »
Jindal Power Emerges as Leading Contender to Acquire Go First Amidst Reports of Multiple Bidders
In a recent development, various entities have expressed interest in acquiring the insolvent airline Go First (GOW, Mumbai International), and… Read More »
Virgin Australia Majority Owners, Bain Capital, Postpone IPO Until 2024
Bain Capital, the majority owners of Virgin Australia, have decided to delay the much-anticipated initial public offering (IPO) until at… Read More »
Qantas Group Chairman and Directors to Depart in 2024 Amidst Reputational Challenges
The Qantas Group has announced the impending departure of its Chairman, Richard Goyder, along with directors Jacqueline Hey and Maxine… Read More »
Lessor Willis Lease Finance Asserts Right to Pursue SpiceJet Over Unpaid Leases
Willis Lease Finance has stated that it is entitled to pursue SpiceJet for unpaid aircraft leases, defending its position before… Read More »
flynas Unveils New Madinah Base Network with Seven Routes
Saudi Arabian carrier flynas (XY, Riyadh) is set to launch its new Madinah base network on December 1, 2023, featuring… Read More »
Turkish Airlines Reveals Ambitious Decade-Long Fleet Expansion Plan, Aiming for 800 Aircraft by 2033
Turkish Airlines has unveiled its comprehensive fleet plan for the next decade, aiming to operate around 800 aircraft by 2033…. Read More »
Mali’s Approval and Revocation: Air France Faces Setback in Flight Restart Plans
Air France’s attempt to resume flights to Bamako was met with a temporary nod from Mali, only to face a… Read More »
Nigerian Aviation Ministry Vows to Tackle Forex Shortage for Airlines
The Federal Ministry of Aviation in Nigeria has pledged to collaborate with the Central Bank of Nigeria (CBN) to address… Read More »
Nigerian CAA Halts OmniBlu Aviation’s AOC Process Over Conflict of Interest
The Nigeria Civil Aviation Authority (NCAA) has taken the step to suspend the fixed-wing scheduled airline certification process of OmniBlu… Read More »
Flamingo Air Cleared for Takeoff by Bahamas’ CAA Following Incident
The Civil Aviation Authority of the Bahamas has granted approval for Flamingo Air (Freeport International) to resume flights after the… Read More »
Defunct Sky Bahamas Faces Court Demand: Must Provide $50,000 Security Bond by December 8
In a recent legal development, the Bahamas Appeal Court has issued an order directing the defunct Sky Bahamas (Nassau International)… Read More »
BeOnd Unveils Inaugural Aircraft, Sets Sights on Premium Leisure Routes from Maldives
In a significant milestone, BeOnd, the Maldives-based airline, has introduced its first aircraft, an A319-100 registered as 8Q-FBA (msn 2119),… Read More »
SpiceJet Resolves USD 29.9 Million Lease Dispute with Celestial Amidst NCLT Proceedings
In a significant development, SpiceJet has reached an agreement to settle a USD 29.9 million lease dispute with Celestial Aviation… Read More »
Apollo’s Attempt to Halt SAS Scandinavian Court Hearing Foiled as Judge Prioritizes Consortium’s Reimbursement
In a recent development, Apollo Global Management’s attempt to stall the court hearing for SAS Scandinavian Airlines has been thwarted…. Read More »
Arik Air Denies Wrongdoing Amidst $40 Million Import Duty Investigation
Nigeria’s Arik Air has refuted claims of diverting $40 million in import duties related to the alleged illegal sale of… Read More »
easyJet Plans Order for 157 Airbus A320neo Family Aircraft, Phases Out A319s
easyGroup Holdings is on track to finalize an agreement with Airbus for the acquisition of 157 additional A320neo Family aircraft…. Read More »
Air India Express Welcomes First Airbus A320neo as Fleet Integration Progresses
In a strategic move towards consolidating its operations, Air India Express (IX) has successfully added its first Airbus aircraft, an… Read More »
Nepal Airlines Contemplates Scrap Sale for Unused Chinese Aircraft Amid Loan Woes
Nepal Airlines Corporation (NAC), operating as Nepal Airlines, faces a challenging decision as it considers selling five Chinese-manufactured aircraft for… Read More »
Go First Sale Attracts Strong Interest as Deadline for Expressions of Interest Closes
The deadline for potential buyers to submit Expressions of Interest (EOI) for India’s Go First (GOW) has concluded, with three… Read More »
Air Tanzania Unveils 737-9 Operations, Expanding Connectivity to India and Southern Africa
Air Tanzania (TC), based in Dar es Salaam, has announced the commencement of scheduled operations with its newly acquired B737… Read More »
Buraq Air Enhances Fleet with Inaugural A320 Delivery
In a significant development for Libyan aviation, Buraq Air (UZ), based in Tripoli Mitiga, has welcomed its first Airbus A320-200,… Read More »
Malaysia’s MYAirline Halts Operations Amid Financial Challenges
In a significant development, MYAirline (MYM), based in Kuala Lumpur Subang, has announced the suspension of its operations effective October… Read More »
Romanian Airlines Startup Poised for Late 2023 Launch Amid Connectivity Gaps
The Romanian Chamber of Commerce and Industry (CCIR) has set a December 1 deadline for the establishment of Romanian Airlines,… Read More »