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Aurigny Fleet Review Finds No Management Negligence, Confirms States Trading Supervisory Board

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Aurigny, the flag carrier airline of Guernsey, has received a positive assessment following a thorough 2024 review of its fleet and strategic decision-making by the States Trading Supervisory Board (STSB). The findings conclude that there is “no evidence of negligence or gross misjudgment by management,” confirming the airline’s commitment to sound operational practices and prudent…

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Total Linhas Aereas to Become First Non-Chinese Operator of C919 Aircraft

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Total Linhas Aereas, a Brazilian airline, has announced plans to add the C919, China’s domestically developed commercial jet, to its fleet. This significant move, confirmed by CEO Paulo Almada, makes Total Linhas Aereas one of the first airlines outside China to operate the C919, marking a milestone in the jet’s global adoption.

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Riyadh Air Plans Widebody Aircraft Order for 2025 to Expand Capacity

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Riyadh Air, Saudi Arabia’s new national carrier, has announced plans to place an order for widebody aircraft in 2025, with models capable of seating over 300 passengers. According to CFO Adam Boukadida, this strategic move is part of Riyadh Air’s broader objective to expand its fleet and position itself as a major player in international…

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AP Holdings Calls Board Meeting to Strengthen Management Rights in Air Premia

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AP Holdings, a major shareholder of South Korean airline Air Premia, has announced a board meeting with the objective of solidifying its management rights within the airline. This move underscores AP Holdings’ intent to exercise greater influence over Air Premia’s strategic direction and operational management as the airline seeks to expand its presence in the…

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Lilium N.V. Receives Nasdaq Delisting Notice Amid Subsidiary Insolvency Proceedings

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Lilium N.V., a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), has announced that it received a written notice from the Nasdaq Listing Qualifications Department on October 28, 2024. This notice follows the insolvency applications of Lilium GmbH and Lilium eAircraft GmbH, the company’s principal operating wholly-owned German subsidiaries, filed in the…

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SkyWest Reports Strong Q3 2024 Earnings with $1.1 Billion Revenue

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SkyWest, Inc. (NASDAQ: SKYW), a leading regional airline in North America, has announced its financial results for the third quarter of 2024, reporting a 10% increase in revenue, reaching $1.1 billion. This growth is attributed to a surge in passenger demand and enhanced operational efficiency.

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Estonia Advances Talks with Investor Lars Thuesen on Sale of Nordic Aviation Group

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The Estonian government has given preliminary approval to proceed with negotiations with aviation investor Lars Thuesen regarding the sale of Nordic Aviation Group and Transpordi Varahaldus, two significant players in Estonia’s aviation sector. This conditional approval allows for the continuation of talks, provided that the Nordic Aviation Group’s board meets specific business performance targets in…

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Riyadh Air and Aramco Sign MOU for Low-Carbon Fuel and Sustainability Collaboration

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Riyadh Air and Aramco, two of Saudi Arabia’s leading entities, have signed a Memorandum of Understanding (MOU) aimed at exploring potential collaboration in the areas of low-carbon fuel supply and sustainability. This agreement sets the stage for both companies to jointly pursue environmental goals that align with Saudi Arabia’s Vision 2030 strategy, which emphasizes sustainable…