Russia’s government, under the direction of Prime Minister Mikhail Mishustin, has announced plans to invest a minimum of $8.5 billion over the next six years into its Aircraft and Helicopter Manufacturing initiative. This federal project is a strategic part of Russia’s broader industrial development plan, aimed at increasing domestic aerospace production capacity and reducing dependency on foreign suppliers.
Ryanair, Europe’s largest low-cost airline, has called on Austria to abolish its passenger tax and reduce airport charges, threatening to reduce or eliminate flight services if its demands are not met. In exchange, the airline has proposed a substantial investment: to base 10 Boeing 737 MAX 8200 aircraft in the country, a move that would significantly expand its Austrian operations.
Uganda Airlines is set to receive additional government funding in the 2025/26 fiscal year to support its ongoing growth and development plans. This funding initiative comes on the heels of the airline’s improved financial performance, having reported a notable increase in revenue to $89.4 million during the 2023/24 fiscal year. The injection of capital is aimed at enabling the national carrier…
The U.S. National Transportation Safety Board (NTSB) has issued a scathing report citing multiple systemic failuresthat led to the midair blowout involving a Boeing 737 MAX in 2024. The report faults both Boeing and the Federal Aviation Administration (FAA) for inadequate oversight, flawed procedures, and lapses in safety compliance.
Greater Bay Airlines, a Hong Kong-based carrier, has formally applied to the U.S. Department of Transportation (DOT) for a foreign air carrier permit and exemption, aiming to commence scheduled services from Hong Kong to U.S. territories in the Pacific. The airline intends to begin operations to Saipan in winter 2025/26 using a Boeing 737-800, with future expansion to Guam planned for 2026 using a Boeing 737-9.
Air Algerie, Algeria’s national airline, has signed a Memorandum of Understanding (MOU) with Sonatrach Holding, the country’s state-owned oil and gas conglomerate, to facilitate the transfer of ownership of Tassili Airlines. The agreement focuses on consolidating external and support aviation activities, indicating a broader restructuring within Algeria’s state-owned enterprises.
Kenya Airways has secured critical financial relief as its 2024 annual report reveals the Kenyan government granted a waiver on both interest and principal repayments through June 2025. This move aims to ease the ongoing financial pressures faced by the national carrier, which has been battling persistent losses and high operational costs.
Airbus is reportedly in advanced negotiations with China to sell up to 500 aircraft, marking one of the largest potential orders in the aerospace sector. The discussions are expected to culminate in formal agreements as early as July 2025, coinciding with a summit between European and Chinese leaders in Beijing.
Norway has sold its entire 6.37% stake in Norwegian, a move involving around 65.5 million shares. This decision represents a major step in the Norwegian government’s efforts to reduce its exposure to commercial airline investments and reflects broader shifts in its aviation policy.
Thailand is reportedly weighing a significant aircraft procurement deal with the United States to replace approximately 100 existing aircraft as part of a broader national fleet renewal initiative. The potential acquisition, still under evaluation, is expected to be discussed during upcoming trade negotiations with the US, set to take place within the next two weeks.
