airBaltic, the Latvian flag carrier, faces mounting financial pressures as current bond liabilities and rising interest rates threaten its long-term sustainability. According to Klavs Vasks, chairman of airBaltic, a state capital injection may be inevitable unless the Latvian government is willing to fully relinquish its stake to other investors.
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Boeing has announced the immediate departure of Ziad Ojakli, its head of government affairs and top lobbyist. The company has appointed Bill McSherry as his interim replacement, ensuring continuity in its government relations and lobbying efforts.
The European Union Aviation Safety Agency (EASA) has issued a warning to airlines, advising them to avoid flying over certain Russian cities. This advisory comes in the wake of a fatal incident involving an AZAL Azerbaijan Airlines E190, which was reportedly shot down by Russian forces.
China Eastern Airlines has recently bolstered its fleet by adding a new Airbus A321neo, identified by serial number 12093 and powered by LEAP-1A32 engines. This acquisition supports China Eastern’s strategy to modernize its fleet with fuel-efficient, next-generation aircraft. The LEAP-1A32 engines, produced by CFM International, are known for their optimized fuel efficiency and lower carbon…
China Southern Airlines (China) has taken delivery of one Airbus A321neo, further enhancing its modern fleet. The aircraft, bearing the serial number 12281, is powered by LEAP-1A32 engines, renowned for their fuel efficiency and performance.
Condor, the German leisure carrier, has expanded its fleet with the delivery of an Airbus A320neo, MSN 12580, equipped with Pratt & Whitney PW1127G-JM engines. This latest-generation narrowbody aircraft is expected to support the airline’s ongoing renewal of its short- and medium-haul fleet, focusing on sustainability and operating cost efficiency.
IAG (UK) has announced the completion of the first US$567 million tranche of its US$1.13 billion share buyback program, following the last share acquisition on 29 May 2025. This strategic move is part of IAG’s broader plan to return value to shareholders and strengthen its financial position.
