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Lufthansa CEO to Meet Italian Economy Minister Over ITA Airways Stake Sale

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Lufthansa CEO Carsten Spohr and Italian Economy Minister Giancarlo Giorgetti are scheduled to meet this weekend to address a price dispute regarding the sale of a minority stake in ITA Airways, Italy’s national airline. This high-level meeting aims to overcome differences in valuation that have stalled Lufthansa’s acquisition of a stake in the airline, which the German carrier views as a…

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Ethiopian Airlines Partners with South Sudan to Launch National Carrier

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Ethiopian Airlines has entered into a strategic partnership with the government of South Sudan to establish and manage a new national carrier for the country. This agreement marks a significant milestone in South Sudan’s aviation sector, which has long sought to enhance its connectivity and establish a reliable domestic and regional airline presence. Ethiopian Airlines, known for its…

DAN AIR Joins IATA as Newest Member

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DAN AIR, a Romanian airline, has become the latest member of the International Air Transport Association (IATA), joining an organization that represents over 290 airlines worldwide. By becoming a part of IATA, DAN AIR aligns itself with global industry standards and gains access to a network that promotes safety, security, and efficiency across the aviation sector….

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Chalair CEO Appeals to Court of Cassation After Conviction Confirmation

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Alain Battisti, CEO of Chalair Aviation, has announced his decision to appeal to the Court of Cassation after the Limoges Court of Appeal upheld a ruling implicating him in complicity in concealed work. This legal battle has garnered attention in the aviation sector, as it addresses serious allegations of concealed work practices within Chalair. Battisti’s appeal to France’s highest court reflects…

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Boeing Considers Selling Jeppesen Navigation Unit to Reduce Debt

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Boeing is reportedly exploring the potential sale of its Jeppesen navigation unit as part of a broader strategy to alleviate its significant $58 billion debt load. Jeppesen, known for its comprehensive navigational and flight planning solutions, has been a part of Boeing since 2000, providing services essential to pilots, airlines, and flight operators worldwide. This prospective sale underscores Boeing’s commitment…

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Boeing Cites Evidence in Lawsuit Over B737 MAX Deal with Comair

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Boeing has cited “tangible evidence” in an ongoing lawsuit concerning a B737 MAX deal with Comair, a South African airline that ceased operations in 2022. The lawsuit centers around allegations from Comair that it was deceived by Boeing regarding the safety and reliability of the B737 MAX aircraft. Boeing’s legal response claims that Comair failed to retain records that…

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Avianca Appoints Nicolas Alvear Velastegui as New CFO for 2025

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Avianca, Colombia’s flagship airline, has announced the appointment of Nicolas Alvear Velastegui as the Group’s new Chief Financial Officer (CFO). Alvear Velastegui is set to take office on 1 January 2025, bringing his extensive financial expertise to Avianca as the airline pursues strategic initiatives aimed at enhancing financial stability and operational growth. His appointment highlights Avianca’s commitment to reinforcing…

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Alitalia Begins Mass Dismissal of 2,059 Employees in Restructuring Move

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Alitalia, the historic Italian airline, has commenced a mass dismissal process affecting 2,059 employees as part of its ongoing restructuring. This move signifies a major workforce reduction as the company continues to navigate financial difficulties and operational restructuring. The employees impacted by this dismissal will be permanently laid off, marking a significant step in Alitalia’s effort to…

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Aerolineas Argentinas Faces Possible Closure Amid Privatization Push

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Aerolineas Argentinas, Argentina’s national carrier, is at risk of closure as the government, led by Javier Milei, has proposed a privatization process to address the airline’s financial struggles. This privatization plan is seen as a critical measure to ensure the airline’s sustainability, but it has encountered resistance from employees and unions concerned about job security and potential changes…

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GE Aerospace Signs MRO Offload Agreement with United Aerospace for LEAP Engines

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GE Aerospace, a major player in aviation engine manufacturing, has entered an MRO offload agreement with United Aerospace Maintenance Company based in Cyprus. This partnership will focus on providing quick turn workscopes for LEAP engines, allowing GE Aerospace to enhance its maintenance capabilities and improve turnaround times for customers. The LEAP engine, known for its fuel efficiency and advanced technology,…