Spain’s Popular Party (PP) has launched a coordinated political campaign in Ibiza’s city councils and the Island Council of the Balearic Islands, calling on the Spanish government to immediately settle an estimated $913 million debt owed to airlines. The unpaid amount relates to resident travel discounts that carriers have already provided but not yet been reimbursed for.
Aerolíneas Argentinas, the national airline of Argentina, is now officially on the path toward privatization, following a public statement from Manuel Adorni, spokesperson for the Argentine presidency. Adorni described the process as “unavoidable”, framing it as part of a broader government initiative to reform and streamline state-owned enterprises.
Aerolineas Argentinas has announced that it will no longer require transfers from the National Treasury to fund its operations in 2025, marking a significant milestone for the state-owned carrier. This development represents the first time since its nationalization in 2008 that the airline will function without financial backing from the Argentine government.
Emirates, the flagship airline of the United Arab Emirates, has affirmed its strong financial footing, with Chairman Sheikh Ahmed bin Saeed Al Maktoum stating that an initial public offering (IPO) would be executed if mandated by the government. This marks one of the clearest indications yet that a public listing of the airline could be on the table in…
Condor has secured critical approval from the European Commission for $365 million in restructuring aid provided by Germany. The approval falls under the European Union’s State aid rules, paving the way for Condor to continue its recovery efforts and return to financial stability after enduring significant operational and financial challenges.
The Embraer E190-E2 and E195-E2 aircraft have officially received type acceptance certification from the Civil Aviation Authority (CAA) of Mongolia, marking a key regulatory milestone that clears the way for the introduction of Embraer’s next-generation regional jets into the Mongolian market.
Lulutai Airlines (Tonga) has officially submitted a request for a government subsidy aimed at accelerating its financial recovery efforts before a potential privatization. The move comes as the airline attempts to stabilize operations and repay existing liabilities, positioning itself as a more viable candidate for a private investor.
Air Antilles, the regional airline based in Guadeloupe, has had its operating license revoked by the French Direction Générale de l’Aviation Civile (DGAC). In response, the DGAC has issued the carrier a temporary operating license, which will remain valid until 30 June 2025, providing the airline limited breathing room as it searches for a new financial backer.
Fly2Sky Airlines, based in Bulgaria, has officially joined the International Air Transport Association (IATA), marking a significant milestone in its development as an international carrier. Membership in IATA symbolizes Fly2Sky Airlines’ commitment to maintaining the global standards of safety, efficiency, and sustainability that are central to the industry’s operations.
Bryan Bedford, CEO of US-based Republic Airways, has been officially nominated to become the next Administrator of the Federal Aviation Administration (FAA), succeeding current acting administrator Chris Rocheleau.
