AirAsia Aviation Group, the Malaysian-based low-cost airline conglomerate, has announced the appointment of Suresh Bangah as the new President and General Manager of AirAsia Philippines, succeeding Ricky Isla, who will transition into the role of Chief Advisor to the GM. The leadership change is part of a strategic move to strengthen the airline’s Philippine operations.
Abra Group, a UK-based aviation investment consortium, continues to pursue the long-anticipated merger of Brazilian airlines GOL and Azul, despite growing speculation that Azul may file for bankruptcy protection in the United States. The group reiterated its commitment to consolidating the two carriers as part of a strategy to build Latin America’s leading airline network.
Kenya Airways has announced that its Chairman, Michael Joseph, will retire from the airline’s board of directors in June 2025, concluding nearly a decade of leadership at the national carrier. Joseph, a prominent figure in Kenya’s corporate landscape and a former CEO of Safaricom, has played a critical role in steering the airline through a series of operational…
T’way Air, a low-cost airline based in South Korea, has postponed its extraordinary general meeting (EGM) to 24 June 2025, thereby delaying the finalization of its proposed acquisition of Daemyung Sono’s management rights. The move follows a delay in the anticipated ruling from the Fair Trade Commission (FTC), which is currently reviewing the proposed corporate combination.
Maverick Horizon, a Dublin-based aviation investment and trading firm, has announced the appointment of Matvey Koloturskiy as Senior Vice President of Trading and Portfolio Development. Koloturskiy will also continue to serve in his existing role as Deputy CEO of the company’s parent, Vector Group, headquartered in Israel.
Brussels Airlines, the flag carrier of Belgium, has announced the appointment of Filip Aerts as its new Chief Operating Officer (COO) and a member of the Management Board, effective 01 August 2025. Aerts will succeed Tilman Reinshagen, who is leaving the Lufthansa Group to pursue other opportunities.
Aquila Air Capital, a U.S.-based aviation asset manager, has announced the appointment of Gary Lew as its new Chief Financial Officer (CFO). The move comes as the company continues to expand its aircraft leasing and trading operations amid sustained demand for efficient mid-life aircraft solutions.
Lufthansa Group, the parent company of several major European airlines, is preparing to unveil a new restructuring initiative titled “Matrix Next Level.” The project is aimed at simplifying the Group’s corporate structure, streamlining operations, and enhancing managerial efficiency across its portfolio of carriers.
GOL, the Brazilian low-cost carrier, has received approval from a U.S. bankruptcy court for its comprehensive restructuring plan under Chapter 11 proceedings. The approval marks a key milestone in the airline’s financial recovery and long-term sustainability efforts.
Delta Air Lines has received legal clearance to proceed with a significant lawsuit against cybersecurity provider CrowdStrike regarding a massive computer outage in July 2024. A Georgia state judge ruled that much of Delta’s claims may move forward, rejecting efforts by CrowdStrike to dismiss key aspects of the case.
