Korean Air and Asiana Airlines Anticipate EU Merger Approval by Early November 2024
Korean Air and Asiana Airlines are optimistic about receiving European Union (EU) regulatory approval for their merger by early November 2024.
Jetstar Japan President Masaru Kataoka to Step Down, Masakazu Tanaka Named Successor
Jetstar Japan has announced that its President, Masaru Kataoka, will be stepping down from his role on December 31, 2024.
Chrono Aviation Secures CCAA Protection to Restructure Debts Amid Legal Dispute
Chrono Aviation, a Canadian charter airline, has been granted protection under the Companies’ Creditors Arrangement Act (CCAA) by the Superior Court of Quebec, a move that allows the company to restructure its debts and explore options for financial recovery.
Air Transat to Temporarily Lay Off 400 Flight Attendants, Plans Rehire
Air Transat, the Canadian airline known for its leisure and vacation travel services, has announced a temporary layoff of up to 400 flight attendants, effective November 1, 2024.
Airbus | Airlines | Fleet | Retirement
TAROM Extends A318 Operations, Final Flight Scheduled for November 22, 2024
Romanian national airline TAROM has announced a brief extension in the operation of its Airbus A318 aircraft, with serial number 2931, YR-ASA now scheduled for its final flight on November 22, 2024.
Airbus | Airlines | Fleet | Transactions
Royal Air Maroc Nears Long and Medium-Haul Aircraft Deal with Airbus
Royal Air Maroc (RAM), Morocco’s national airline, is reportedly on the verge of securing a significant aircraft deal with Airbus, aimed at enhancing its long and medium-haul fleet capabilities.
Airbus | Airlines | Fleet | Freighter | Freighter Conversion | Leasing | Transactions
Crestone Air Partners Acquires Four A321s, Expands Fleet with Freighter Conversions
Crestone Air Partners, a U.S.-based aviation investment firm, has expanded its fleet with the acquisition of four Airbus A321 aircraft.
Aer Lingus Grounds A330, Scales Back A320 Usage Amid Profitability Challenges
Aer Lingus has announced it will ground one of its Airbus A330 aircraft and scale back the usage of three A320s as the airline contends with the dual pressures of Dublin Airport’s passenger cap and declining profitability.
Azul Secures $500M Funding and $800M Debt Reduction in New Bondholder Agreement
Brazilian airline Azul has reached a major agreement with its existing bondholders, securing up to $500 million in additional funding and negotiating terms that could reduce its debt burden significantly.