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KlasJet Expands Partnership with Sun d’Or

KlasJet, a prominent charter and ACMI provider based in Lithuania, has announced the continuation and expansion of its strategic partnership with Sun d’Or, an Israeli airline and subsidiary of El Al. As part of this collaboration, KlasJet will lease a fourth Boeing 737-800 to Sun d’Or for a designated period, spanning from 28 December 2024 to 31 March 2025.

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Air Europa Engages PJT Partners for Debt Solutions

Air Europa, a major airline in Spain, has taken a significant step to address its financial challenges by hiring PJT Partners, a US-based advisory firm, to manage its debt and potentially arrange a capital increase. The airline aims to tackle a substantial debt of US$491.8 million, owed to the Spanish government, as part of its recovery strategy.

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Turkish Airlines to Launch Flights to Minneapolis and Auckland

Turkish Airlines, Turkey’s national flag carrier, has announced plans to expand its global network with new routes to Minneapolis and Auckland. The airline intends to commence flights to Minneapolis in April or May 2025, while the Auckland route will be introduced via Singapore, further enhancing Turkish Airlines’ connectivity across continents.

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Luxair Crews and Management Head to Conciliation Over Pandemic Cutbacks

Luxair, the flag carrier of Luxembourg, faces a pivotal moment as trade unions and management failed to reach an agreement regarding the cutbacks affecting crews during the pandemic. The ongoing dispute now heads to conciliation, seen as the only remaining option to resolve the matter.