Flair Airlines CFO Faces Manslaughter Charges

ByAdmin 12/12/202413/12/2024

Flair Airlines (Canada) is facing heightened scrutiny as its Chief Financial Officer, Sumanth Rao, has been charged with involuntary manslaughter. The charges stem from a tragic incident involving a fatal car crash. According to reports, the crash involved an underage driver who had been drinking at a gathering hosted at Rao’s Atlanta-area home.

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Airlines | Legal | MRO

Aquila Technics Refunds $40,000 to Utair for Undelivered Engines

ByAdmin 06/11/202408/11/2024

Aquila Technics, an Armenian company specializing in aviation parts and services, has refunded just over $40,000 to Utair, a Russian airline, for undelivered aircraft engines. This payment is part of an ongoing legal case between the two entities, wherein Utair sought a refund for engines that were not delivered as per the agreement. The court case has now been…

Boeing | Corporation | Crisis | Management

Boeing Reaches Agreement with Machinists’ Union to End Strike

ByAdmin 01/11/202404/11/2024

Boeing and its machinists‘ union have reached a tentative agreement on a new contract proposal, which includes a pay raise aimed at resolving a strike that has affected Boeing’s operations for nearly seven weeks. The new offer comes after extensive negotiations and is set for a union vote on November 4, 2024. If accepted, this…

Airlines | Corporation | Legal | Management | Partnership

Riyadh Air and Aramco Sign MOU for Low-Carbon Fuel and Sustainability Collaboration

ByAdmin 01/11/202404/11/2024

Riyadh Air and Aramco, two of Saudi Arabia’s leading entities, have signed a Memorandum of Understanding (MOU) aimed at exploring potential collaboration in the areas of low-carbon fuel supply and sustainability. This agreement sets the stage for both companies to jointly pursue environmental goals that align with Saudi Arabia’s Vision 2030 strategy, which emphasizes sustainable…

Airlines | Management

Beond Seeks UAE AOC and GCC Expansion

ByAdmin 18/12/202418/12/2024

Beond, a luxury-focused airline based in the Maldives, has announced plans to expand its operational footprint by securing an Air Operator Certificate (AOC) in the United Arab Emirates (UAE) for charter operations. This strategic move aligns with the airline’s goal to establish a robust presence in the Gulf Cooperation Council (GCC) region.

Airlines | Crisis | Financial | Flag Carrier

Boliviana de Aviación Faces Operational Challenges Due to Lease Payment Delays

ByAdmin 12/12/202413/12/2024

Boliviana de Aviación (BoA), Bolivia’s national airline, is grappling with significant operational challenges due to financial constraints. The carrier has been unable to pay the leases for six of its aircraft, resulting in their grounding. Additionally, two more planes remain out of service due to ongoing maintenance, further impacting the airline’s operational capacity.

Corporation | Management | Sale

Chorus Aviation Completes Sale of Leasing Unit, Announces Leadership Changes

ByAdmin 08/12/202410/12/2024

Chorus Aviation (Canada) has finalized the sale of its Regional Aircraft Leasing segment, including Falko (UK), to HPS Investment Partners (US). The transaction represents a significant strategic shift for Chorus as it focuses on its core operations and streamlines its corporate structure.

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