| | |

Adria Airways Ex-CEOs Face Court Over $89M Collapse Lawsuit

ByAdmin

Adria Airways, the defunct Slovenian national carrier, is again in the spotlight as its former CEOs, Arno Schuster and Holger Kowarsch, are set to stand trial following the breakdown of mediation attempts related to the airline’s 2019 collapse. The case involves a damages claim of $89 million, brought forward by state-appointed administrators and creditors.

Please SUBSCRIBE to view the full content.
First month of membership is free!

Similar Posts

| |

Aerolíneas Argentinas Privatization Deemed Unavoidable by Government

ByAdmin

Aerolíneas Argentinas, the national airline of Argentina, is now officially on the path toward privatization, following a public statement from Manuel Adorni, spokesperson for the Argentine presidency. Adorni described the process as “unavoidable”, framing it as part of a broader government initiative to reform and streamline state-owned enterprises.

| | | | | | | |

Raya Airways Launches Penang–Hong Kong Cargo Route

ByAdmin

Raya Airways has launched a new cargo service connecting Penang International Airport and Hong Kong, with the inaugural flight taking off on October 28, 2024. This service will run five times per week, utilizing A321-200(PCF) freighter aircraft to meet the high demand for express freight across Southeast Asia. The Penang-Hong Kong route is part of…

| | | | |

Pegasus Airlines Expands Fleet with New Airbus A321neo

ByAdmin

Pegasus Airlines, a major Turkish low-cost carrier, has bolstered its fleet with the recent addition of an Airbus A321neo. The new aircraft, identified by serial number 12008 and powered by LEAP-1A32 engines, aligns with Pegasus Airlines’ strategy to expand its fleet with fuel-efficient, environmentally friendly aircraft that meet rising demand in Turkey and the broader…