BRA (Sweden) has announced the departure of its CEO, Ulrika Matsgard, who leaves the company after an impactful tenure of seven years. Her departure follows the recent finalization of a significant agreement with SAS (Sweden), marking a milestone in the carrier’s strategic collaborations.
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Play Airlines, the low-cost carrier based in Iceland, has accepted a settlement offer from the Financial Supervisory Authority (FME) relating to issues around the disclosure of its lower revenue generation in 2022. As part of the settlement, the airline has agreed to pay a fine of US$120,800.
Eviation (US), the developer of the all-electric Alice aircraft, has reportedly laid off most of its workforce as it seeks new funding sources to continue operations. The move highlights ongoing financial difficulties for the company as it attempts to navigate challenges in the electric aviation sector.
Kuwait Airways has appointed Abdul Wahab Al-Shatti as its new Chief Executive Officer (CEO), replacing Ahmed Al-Kuraibani. The leadership transition comes in response to ongoing concerns related to safety oversight and deadline management, which reportedly triggered internal and external pressures for a change in direction at the airline’s executive level.
Aero Controls (US) has announced an expansion in responsibilities for Scott Carpenter, currently the Director of Business Development for North America. In his new, broadened role, Carpenter will now oversee international customer relationships, enhancing Aero Controls’ global market reach and service adaptability. Carpenter’s expertise in business development has been pivotal to Aero Controls’ growth in North America, making him a…
Afrijet, a leading regional airline based in Gabon, has appointed Nyl Moret Mba as its new Chief Executive Officer (CEO). This leadership transition is expected to usher in a new phase of strategic growth and operational development for the airline.
SpiceJet, the prominent low-cost airline based in India, has been ordered to pay $3.7 million, along with applicable interest, to Aerocare Aviation Services following an eight-year legal dispute. The ruling brings closure to a prolonged financial disagreement between the two parties and underscores the importance of clear contractual and service agreements within the aviation sector.
