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Tag: airline industry
Aeromexico Expands Credit Facility to $250 Million
Aeromexico expanded its revolving credit facility to $250 million, building on i...
Jetstar Asia Refund Scheme Covers 194,000 Customers
Jetstar Asia's court-approved refund scheme covers 194,000 customers owed S$11.4...
Scott Bessent Warns of Global Sanctions on Iranian Airl...
Scott Bessent says Iranian airlines will be shut down worldwide from September 2...
Wizz Air’s TAROM Bid Faces a Malév-Style Loyalty Problem
Wizz Air wants a bigger role in Romania as TAROM struggles to survive. Its bid r...
FitsAir Cuts Routes and Jobs After Rapid Expansion
FitsAir went from three routes to a seven-destination international network in j...
Emirates 2 Million Passengers Accomplished at London St...
Emirates 2 million passengers milestone highlights the airline’s growing presenc...
Air Astana Expects GTF Groundings to End by 2027
Air Astana is targeting zero Pratt & Whitney GTF groundings by summer 2027 after...
China Eastern Gains Full STARCO Ownership
China Eastern has acquired ST Engineering's 49% stake in STARCO, taking full own...
Qantas Exits Jetstar Japan in Strategic Reshuffle
Qantas will sell its stake in Jetstar Japan, paving the way for a fully Japanese...
Air Premia Raises KRW 110 Billion to Cut Debt
Air Premia will raise KRW 110 billion through a rights offering to reduce debt a...
SriLankan Airlines Airbus Case Stalls After Lead Suspec...
SriLankan Airlines Airbus bribery case continues as former CEO Kapila Chandrasen...
Saadia Zahidi Succeeds Willie Walsh as IATA Director Ge...
IATA has appointed Saadia Zahidi as its first female Director General, succeedin...
Singapore Airlines Eyes More Investment in Air India
Singapore Airlines reported SGD 945.2 million in losses from its Air India inves...
Juneyao Air Launches CNY 800 Million Share Buyback
Juneyao Air has launched a share buyback programme worth up to CNY 800 million t...
Sun Country Cuts One-Third of September Flights After A...
Sun Country Airlines has cut nearly one-third of its September schedule due to p...
Virgin Australia Returns to ASX After Five Years
Virgin Australia has completed its return to the ASX with a AUD 2.32 billion val...