China Southern Airlines Expands Fleet with New Airbus A321neo Delivery

ByAdmin 02/03/202505/03/2025

China Southern Airlines, one of Asia’s largest carriers, has taken delivery of a new Airbus A321neo, serial number 12365. The aircraft is powered by LEAP-1A32 engines, providing improved fuel efficiency and lower emissions, reinforcing the airline’s commitment to sustainability and cost-effective operations.

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Airlines | AOC | Cargo | Governments

Air Ceilao Applies for AOC to Launch Charter Flights

ByAdmin 05/12/202409/12/2024

Air Ceilao, a new Sri Lankan airline, has officially applied to the Civil Aviation Authority of Sri Lanka (CAA) for an Air Operator Certificate (AOC) and license to operate domestic and international charter flights. The proposed operations will focus on transporting both passengers and cargo.

Airlines | Governments | Merger

Korea’s Fair Trade Commission and Transport Ministry to Oversee Korean Air-Asiana Merger Compliance

ByAdmin 11/03/202513/03/2025

In the wake of the Korean Air-Asiana Airlines merger, Korea’s Fair Trade Commission (KFTC) and the Ministry of Land, Infrastructure, and Transport (MOLIT) have formalized a business agreement to jointly monitor the implementation of corrective measures required as part of the merger approval process. This cooperation aims to ensure fair competition and compliance with aviation regulations following the integration of Korea’s two largest airlines.

Asiana Airlines Receives New B747-400F Freighter

ByAdmin 09/11/202409/11/2024

Asiana Airlines, a major carrier based in South Korea, has expanded its cargo fleet with the addition of a Boeing 747-400F, serial number 30765. This new freighter is equipped with CF6-80C2B1F engines, manufactured by General Electric, known for their reliability and performance in long-haul freight operations. The B747-400F will bolster Asiana’s cargo capacity, supporting the airline’s logistics network across Asia and…

Airlines | Financial | Flag Carrier

Thai Airways Plans $1.27 Billion Rights Offering

ByAdmin 27/11/202401/12/2024

Thai Airways International has announced plans to raise up to $1.27 billion through a share rights offering, marking a pivotal step in its efforts to exit court-supervised debt restructuring. This initiative will also enable the resumption of the trading of the airline’s stock on the Thai stock exchange.

Airlines | Credit | Crisis | Financial

Fitch Ratings Downgrades Spirit Airlines to ‘D’

ByAdmin 22/11/202425/11/2024

Fitch Ratings, a leading credit rating agency, has downgraded Spirit Airlines’ (US) Long-Term Issuer Default Rating (IDR) to ‘D’ from ‘CC’, indicating default status. The downgrade reflects Spirit Airlines’ financial challenges following its Chapter 11 bankruptcy filing.

Airlines | Crisis | Debt

Sirius Airlines Faces Investigation Over Unpaid Wages Amid Failed Launch

ByAdmin 01/11/202404/11/2024

Sirius Airlines, a South Korean startup that was unable to commence operations in June 2024 due to financial setbacks, is now under scrutiny by the Ministry of Labor over allegations of unpaid wages. Reports indicate that Sirius Airlines has not paid wages to its employees for nearly six months, prompting an investigation into the company’s…

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