Putin Authorizes Ownership Change of Fraport’s 25% Stake in Pulkovo Airport Parent
Russian President Vladimir Putin has signed off on a significant ownership change involving a 25% stake in the parent company of St. Petersburg‘s Pulkovo Airport.
Uganda Airlines Secures Gatwick Slots, Plans 1Q25 Launch
Uganda Airlines has secured coveted slots at London Gatwick Airport and is now aiming to launch flights to the UK in the first quarter of 2025. The airline originally planned to start operations this year but has delayed its debut until early 2025.
AGC Logistic Services Sues Vietravel Airlines Over Terminated Cargo Contract
Hanoi-based AGC Logistic Services Joint Stock Company has filed a lawsuit against Vietravel Airlines, alleging the unlawful termination of a cargo contract.
Airlines | AOC | Corporation | Crisis
Fly Gangwon Exits Judicial Oversight, Rebrands as Parata Air Under New Ownership
Fly Gangwon, a low-cost carrier based in Yangyang, Korea, has officially exited its judicial rehabilitation process after 16 months of financial restructuring.
LAM Mozambique Suspended from IATA Clearing House, Faces Ticket Sales and Interline Disruptions
LAM – Linhas Aéreas de Moçambique, the national airline of Mozambique, has been suspended from the International Air Transport Association (IATA) Clearing House (ICH), a key global billing and settlement service for airlines.
FlyEgypt Ceases Operations Amid Financial Crisis, Faces Liquidation Challenges
FlyEgypt, a privately-owned Egyptian airline, has ceased flight operations as it struggles with severe financial difficulties.
Eastar Jet Secures Twelve More B737 MAX 8s for 2025-2026 Deliveries
Korea’s Eastar Jet has locked in orders for an additional twelve Boeing 737 MAX 8 aircraft, further bolstering its fleet as the airline continues to expand.
Xiamen Airlines Takes Delivery of A321neo Powered by LEAP-1A30 Engines
Xiamen Airlines, based in China, has taken delivery of a new Airbus A321neo, serial number 12341.
United Airlines Signs Lease for 40 A321neos and Awaits 22 New Aircraft by End of 2024
United Airlines, based in the US, reported lease agreements for 40 new Airbus A321neos during the third quarter of 2024.