Southwest Airlines (US) has amended its existing agreement with Elliott Investment Management (US), increasing the firm’s maximum aggregate economic exposure in the airline from 14.9% to 19.9%. The revised agreement allows Elliott to further expand its stake, signaling increased investment interest in the airline.
SriLankan Airlines CEO Richard Nuttall is exploring refinancing options to restructure the airline’s debt, which would serve as a preliminary step before any A330 fleet renewal. The carrier is also considering doubling its total fleet size to 50 aircraft, signaling a potential long-term expansion strategy.
Southwest Airlines (US) has announced that Ryan Green, EVP & Chief Transformation Officer, has decided to step down from his role, effective 01 April 2025. His departure marks a significant change in the airline’s leadership teamas the company continues its strategic transformation efforts.
Pulsar Aero Global (Ireland) has announced the appointment of Bewley as Managing Director, further strengthening its leadership team. Bewley will work alongside founders Martin Webb and Chris Barrett, contributing to the company’s strategic growth and operational management.
AIP Capital (US) has announced the appointment of Scott Debano as Managing Director, Head of Distribution. In this role, he will be responsible for leading fundraising initiatives, managing investor relations, and developing strategic partnerships to support the firm’s continued expansion in the aviation investment sector.
ACI Aviation Consulting (US) has announced key leadership changes, promoting Wes Romaine to President and Andy Krantz to Vice President. These appointments reflect the company’s strategy to strengthen its executive team and drive growth in aviation consulting services.
Thai Airways International is preparing for a major international expansion as it nears the completion of its debt restructuring process in late 2025. Debt administrator Piyasvasti Amranand has outlined plans for network growth, positioning the airline for stronger global competition.
Southwest Airlines (US) is implementing a 15% reduction in corporate jobs as part of a cost-cutting initiative, with projected savings of $210 million in 2025 and $300 million in 2026. This move reflects the airline’s focus on operational efficiency and long-term financial sustainability.
Eurowings (Germany) has announced the appointment of Irina Haselmann as managing director of its newly launched tour operator, Eurowings Holidays. This move aligns with the airline’s strategic expansion into the travel and tourism sector, offering customers comprehensive holiday packages.
CAE (US) has announced the appointment of four new directors to its Board of Directors, including Calin Rovinescu, who will serve as the Chair of the Board. The new board members include Peter Lee, Katherine Lehman, and Louis Tetu, bringing extensive leadership and industry expertise to CAE’s governance team.
