Cayman Islands Seeks US$183 Million Loan Facility for Cayman Airways Expansion
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Kenya Airways has announced plans to revamp its fleet over the next five years, with a strategy that includes the addition of 10 new aircraft and the replacement of 13 Embraer E190s.
Finnair, the national carrier of Finland, has announced the appointment of Pia Aaltonen-Forsell as its new Chief Financial Officer (CFO) and member of the Executive Board, effective August 1, 2025. Aaltonen-Forsell brings with her an extensive background in finance, leadership, and corporate governance, which is expected to contribute to Finnair’s post-pandemic recovery and growth strategy.
Icelandair and Air India have signed a new codeshare agreement to expand connectivity and provide passengers with improved travel options between Iceland and India. The partnership will enable seamless connections and integrated ticketing for travelers flying between the two countries.
Jeju Air, a leading South Korean low-cost carrier, has secured approximately US$95 million in cash to strengthen its financial position. This move follows a significant drop in reservations after a recent Boeing 737-800 crash involving another airline, which has raised safety concerns among travelers.
Tigerair Taiwan has officially appointed Huang Shih-hui as the new chairwoman of its board, marking a significant leadership transition at the country’s only low-cost carrier. The appointment signals a commitment to strengthening executive governance and advancing the airline’s strategic goals in the competitive East Asian market.
Cebu Pacific (CEB), a leading airline in the Philippines, has clarified that it has no immediate plans to phase out its recently acquired domestic carrier, AirSWIFT. However, the airline is actively exploring the possibility of integrating the AirSWIFT brand into the Cebu Pacific group as part of its strategic review.