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Air Marshall Islands Secures Loan from Taiwan for Fleet Expansion

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Air Marshall Islands (AMI) has secured a preferential loan from Taiwan to facilitate the acquisition of new aircraft, aiming to enhance inter-island connectivity and modernize its fleet. The announcement was made during Taiwanese President Lai Ching-te’s visit to the Marshall Islands, where he addressed the nation’s parliament and reaffirmed the strong bilateral relations between the two countries.

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Pakistan Receives Single Bid for PIA Stake in Privatization Push

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Pakistan’s government, in its bid to privatize Pakistan International Airlines (PIA), received only one bid from a shortlist of six potential bidders. Blue World City, a major real estate consortium with diversified interests, has emerged as the sole bidder for a 60% stake in PIA. This privatization aligns with Prime Minister Shehbaz Sharif‘s commitments to…

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Phoenix Aviation and AIP Capital Acquire B787-9 Leased to American Airlines

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Phoenix Aviation Capital (Ireland) and AIP Capital (US) have jointly announced the acquisition of a Boeing 787-9, identified by serial number 40646. The aircraft is on a long-term lease with American Airlines (US) and was purchased from ORIX Aviation (Ireland).

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Air Arabia to Resume Sharjah-Yanbu Service on November 28

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Air Arabia, the UAE-based low-cost carrier, has announced plans to resume its Sharjah – Yanbu route starting November 28, 2024. The route will be serviced by the airline’s Airbus A320 fleet, which is well-suited for the relatively short journey between the UAE and Saudi Arabia. This resumption comes in response to rising demand for travel between the two cities, particularly…