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Air Premia Shareholders Clash Over Capital Increase Plans

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South Korean airline Air Premia is currently facing internal tensions between its two largest shareholders, AP Holdings and the Daemyung Sono-JC Partners consortium. The disagreement centers on whether to pursue a capital increase within the year, an issue that could significantly impact the company’s financial trajectory and future development.

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Air Berlin Wins Legal Case Against Isavia

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The Reykjanes District Court has ruled in favor of Air Berlin’s insolvency administrator in a legal case against Isavia, Iceland’s airport operator. The decision allows the administrator to confiscate assets worth over $1.1 million, stemming from a dispute over an aircraft impounded at Keflavík Airport in 2017. The ruling represents a significant victory for Air Berlin’s creditors, as the funds recovered will contribute to…

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Copa Airlines to Expand Fleet with B737 MAX Deliveries

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Copa Airlines (Panama) remains on track to expand its fleet, expecting the delivery of two B737 MAX 8 aircraft by the end of 2024, despite some delays. This addition will bring the airline’s total fleet to 112 aircraft by year-end. Looking ahead to 2025, Copa plans to receive 11 more MAX 8s, culminating in a fleet of 123 aircraft by the close of the year.

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Air Canada to Transfer B737 MAX Fleet to Rouge by 2028

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Air Canada has announced its plan to transfer its B737 MAX fleet to its low-cost subsidiary, Air Canada Rouge, by 2028. This strategic move aims to streamline Rouge’s operations by eventually consolidating the unit to a single fleet type, enhancing operational efficiency and reducing costs. Meanwhile, the mainline Air Canada unit still has 12 more B737 MAX aircraft on order, ensuring continued modernization and…

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High Court Pauses Summer Seat Cap at Dublin Airport Amid Legal Challenge

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The Irish High Court has issued a temporary suspension on the Irish Aviation Authority‘s (IAA) decision to impose a passenger seat cap at Dublin Airport for the upcoming 2025 summer season. This seat cap, aimed at limiting airport traffic, was challenged by major airlines, including Ryanair and Aer Lingus, who argued that it would negatively…