The Argentine Civil Aviation Authority (CAA) has obtained a one-year extension from the U.S. Federal Aviation Administration (FAA) to address necessary adjustments to maintain its Category 1 safety rating. This status allows Argentine carriers to operate routes to the United States without additional restrictions. The extension, which runs through the end of 2024, reflects both…
After a prolonged two-year process, Qingdao Tourism Group has officially acquired a 50% share in Qingdao Airlines, previously held by Qingdao Urban Construction Investment Group. This significant shift reflects ongoing strategic efforts to strengthen the airline’s growth and regional influence in China’s competitive aviation market. The transfer aligns with Qingdao Tourism Group’s goal to expand…
Boeing is set to meet with Nigeria’s Minister of Aviation, Festus Keyamo, in January 2025 in Dublin to explore options for supporting Nigeria’s domestic airline sector through tailored aircraft leasing solutions. With the country’s air travel demand steadily rising, this collaboration aims to provide Nigerian carriers with improved access to modern fleets, essential for efficiency…
Ireland-based aircraft leasing firms, widely favored by Indian airlines for fleet expansion, are now under scrutiny from India’s tax authorities. The investigation stems from concerns that these lessors might be exploiting favorable tax treaties, specifically by structuring their businesses in Ireland to minimize tax liabilities in India. Leasing companies registered in Ireland benefit from the…
El Salvador is strategically advancing its open skies agreements, seeking to foster economic growth, increase airline competition, and lower air travel costs. While the country enacted open skies policies in 2013, the government, under President Nayib Bukele, has amplified its efforts recently, securing 22 agreements globally, including new partnerships with Brazil and Uruguay. Vice Minister…
The Pakistani government is set to hold the final auction for Pakistan International Airlines (PIA) on October 30, 2024, marking a significant step in its broader economic reform agenda. This privatization move, supported by the International Monetary Fund (IMF), aims to alleviate the national carrier’s financial struggles while addressing broader economic challenges through structural reforms….
Portugal’s Ministry of Infrastructure has announced it will begin settling its outstanding €3.8 million debt to Sevenair, the airline that operated the Bragança-Portimão route, over the coming weeks.
Indonesia is advancing plans to develop a second airport in Bali, targeting the island’s northern Buleleng Regency to address capacity constraints at Ngurah Rai International Airport in Denpasar.
The Civil Aviation Authority (CAA) of Eritrea has reportedly filed a lawsuit against Ethiopian Airlines, seeking a total of $3.57 million in compensation.
SmartLynx Airlines, a Latvia-based carrier, has received its Foreign Air Operator Certificate (FAOC) from the U.S. Federal Aviation Administration (FAA), enabling the airline to launch operations to, from, and within the United States.
