Brussels Airlines, the flag carrier of Belgium, has announced the appointment of Filip Aerts as its new Chief Operating Officer (COO) and a member of the Management Board, effective 01 August 2025. Aerts will succeed Tilman Reinshagen, who is leaving the Lufthansa Group to pursue other opportunities.
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Thai Airways International has undergone a significant shareholding restructure as part of a debt-to-equity conversion, altering the composition of its major shareholders. This move is a key element of Thai Airways’ broader restructuring plan aimed at improving its financial stability and positioning the airline for long-term recovery.
GOL (Brazil) has announced that following a recent capitalization initiative, its common and preferred stock is now 80%owned by its parent company, Abra Group (UK). This move consolidates Abra Group’s position as the controlling stakeholder in the Brazilian carrier, strengthening its influence over GOL’s operations and future strategy.
Air New Zealand and Cathay Pacific have welcomed the decision by the New Zealand Associate Minister of Transport to extend the authorization of their joint venture alliance for an additional five years. This extension allows both airlines to continue their cooperative efforts in enhancing connectivity and service options between New Zealand and Hong Kong. The renewed alliance aims to maintain and strengthen the…
Azul has announced a significant change in its capital structure through the conversion of 35% of notes due in 2029 and 2030 into preferred shares, as part of a broader capital increase initiative. The move aims to improve the airline’s balance sheet and reduce debt burdens in the face of continued financial pressures across the Brazilian aviation sector.
Lufthansa Technik (Germany) has announced plans to invest significantly in a new facility near Porto, Portugal, as part of its global expansion strategy. The project, slated for completion by the end of 2027, underscores Lufthansa Technik’s commitment to enhancing its maintenance, repair, and overhaul (MRO) capabilities in Europe.
Norwegian has signed a purchase agreement with CFM International for 11 LEAP-1B spare engines to support its growing Boeing 737 MAX operations. The order signifies a proactive move to enhance fleet reliability and long-term operational planning for the airline’s narrowbody network.
