Finnair Proposes €600 Million Rights Issue to Strengthen Financial Position
Finnair (AY, Helsinki Vantaa) has unveiled plans for a rights issue, aiming to raise up to €600 million euros (USD… Read More »
Delta Air Lines Addresses Engine Part Scandal, Grounds Less Than 1% of Aircraft
Delta Air Lines (DL) has confirmed its involvement in the engine part scandal linked to unapproved components from a rogue… Read More »
EU Parliament Pursues Ban on Hand Luggage and Seat Allocation Fees
The European Union Parliament has passed a resolution on October 4, advocating for the prohibition of fees related to hand… Read More »
Capital A Secures $150 Million Five-Year Term Loan for AirAsia Group
Malaysian company Capital A, the owner of the AirAsia Aviation Group, has successfully secured a five-year term loan facility of… Read More »
Silk Way West Airlines Expands Fleet with First Boeing 777-200F
Silk Way West Airlines, based in Azerbaijan, has taken delivery of its inaugural B777-200F on September 30, 2023, marking the… Read More »
SAS Scandinavian Airlines Faces Battle for Control as Duelling Investors Compete
In a high-stakes bid for control, SAS Scandinavian Airlines (SK) is currently caught in the crossfire between two rival… Read More »
Auditor General Raises Concerns Over PIA’s Maintenance Delays Costing USD 134 Million
A recent report by the Auditor General of Pakistan has uncovered significant financial implications for PIA – Pakistan International Airlines… Read More »
Air Tanzania Welcomes First Boeing 737-9, Pioneering the Type in Africa
Air Tanzania (TC, Dar es Salaam) has taken delivery of its inaugural B737-9, marking a significant milestone as the first… Read More »