Boeing is facing a wave of uncertainty after its engineers and technical workers resoundingly rejected new collective bargaining agreements and authorised a strike, raising the risk of major disruption as labour tensions escalate.
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Chorus Aviation has announced that its Class A Variable Voting Shareholders and Class B Voting Shareholders have approved a special resolution authorizing a share consolidation plan. The company’s Board of Directors is now authorized to proceed with the implementation of the consolidation.
El Al, Israel’s flagship airline, has officially withdrawn its bid to acquire a 45% stake in Isracard, the country’s largest credit card company, citing challenges in meeting the regulatory and acquisition requirements before the October 31, 2024, deadline. This retraction marks a strategic shift for El Al, which had initially sought the acquisition to diversify…
FlySafair, the South African low-cost airline, has added one Boeing 737-800 to its fleet. The aircraft, bearing serial number 60963, was acquired on lease and is powered by CFM56-7B27E engines, continuing the airline’s strategy of consistent fleet expansion with proven and efficient narrowbody jets.
Mammoth Freighters, a US-based company specializing in aircraft conversions, is actively exploring Maintenance, Repair, and Overhaul (MRO) facilities across Asia as potential sites to expand its B777 freighter conversion programs. These programs include the B777-300ERMF (Extended Range Main Deck Freighter) and the B777-200LRMF (Long Range Main Deck Freighter), both of which are pivotal to the company’s growth strategy in…
UrbanLink Air Mobility (US) has announced a strategic partnership with FEAM Aero (US) to ensure the safety, efficiency, and readiness of its all-electric fleet. This collaboration marks a significant step in UrbanLink’s mission to revolutionize air mobility by providing sustainable and reliable transportation solutions.
Lufthansa is preparing for a leadership transition at the top of its Supervisory Board. Ahead of tomorrow’s board meeting, Johannes Teyssen was formally presented as the designated successor to Karl-Ludwig Kley, who will step down next year after more than a decade of service.
