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Boeing CEO Commits To Recovery Amid US-China Trade Tensions

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Boeing CEO Kelly Ortberg has publicly reaffirmed the company’s commitment to protecting its recovery trajectoryamid ongoing trade tensions between the United States and China. As the geopolitical conflict continues to cast uncertainty over global aerospace markets, Boeing emphasized that it still plans to deliver approximately 50 aircraft to Chinese customers this year.

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Southwest Airlines Cuts 15% of Corporate Jobs to Reduce Costs

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Southwest Airlines (US) is implementing a 15% reduction in corporate jobs as part of a cost-cutting initiative, with projected savings of $210 million in 2025 and $300 million in 2026. This move reflects the airline’s focus on operational efficiency and long-term financial sustainability.

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Air Algerie to Begin Fleet Renewal with New Aircraft Acquisitions in 2025

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Air Algerie is set to embark on a fleet renewal program beginning in June 2025, with the acquisition of new aircraft aimed at modernizing its operations. CEO Hamza Benhamouda confirmed the plan, highlighting the airline’s commitment to enhancing service quality and operational efficiency through a refreshed fleet.

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Capital A Submits Regularization Plan to Bursa Malaysia

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Capital A, the parent company of AirAsia and several other subsidiaries, has taken a significant step in its recovery process by submitting its Proposed Regularization Plan to Bursa Malaysia Securities. This marks a pivotal move in the company’s journey to exit the Practice Note 17 (PN17) status, which is associated with financial distress.

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China Southern Lists Ten B787-8s and GENX Engines for Sale

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China Southern Airlines has placed ten Boeing 787-8 aircraft and two GENX-1B70 engines up for sale as it continues to streamline its widebody fleet. The aircraft, bearing serial numbers 34923 through 34932, are each listed at a minimum price of approximately US$50 million, reflecting their market valuation amid ongoing fleet restructuring efforts.

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Udi Sharon Appointed CEO of Challenge Airlines IL

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Challenge Group has appointed Udi Sharon as the new CEO of Challenge Airlines IL. Sharon brings extensive experience from Israel’s logistics and airfreight sectors and joins Challenge Group’s senior management team to enhance the airline’s local and international operations.