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Special Audit Finds Governance Failures in Nordica’s Bankruptcy

A special audit into the bankruptcy of Nordica (Estonia) has uncovered governance failures, citing shortcomings in both the management and supervisory boards that contributed to the airline’s financial collapse. The findings highlight internal mismanagement as a key factor in the carrier’s downfall.

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AirAsia X Extends Acquisition Timeline for Capital A’s Aviation Business

AirAsia X (Malaysia) has announced a mutual agreement with Capital A (Malaysia) to extend the deadline for completing its proposed acquisition of Capital A’s aviation business, which includes AirAsia Aviation Group and AirAsia. The revised timeline now extends from 25 January to 24 March 2025.

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Willis Aviation Services Partners with TUI Airways for Base Maintenance

Willis Aviation Services, a UK-based aviation service provider, has signed a long-term General Terms Agreement (GTA) with TUI Airways (UK) to deliver base maintenance services for TUI’s narrowbody fleet. The partnership will commence with maintenance checks on two Boeing 737 Next Generation (NG) aircraft.