Delta Sues CrowdStrike for $500M Over July 2024 Outage Linked to 7,000 Flight Cancellations

ByAdmin 27/10/202428/10/2024

Delta Air Lines has filed a $500 million lawsuit against cybersecurity provider CrowdStrike, accusing the company of breach of contract and negligence after a major outage in July 2024 led to the cancellation of 7,000 flights and disrupted operations across millions of Delta’s computer systems.

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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.

WestJet Wet Leases B777-300ER From Privilege Style

ByAdmin 12/06/202513/06/2025

WestJet, Canada’s second-largest airline, has temporarily wet leased a Boeing 777-300ER from Privilege Style, a Spanish charter and ACMI specialist, to operate on the Calgary–London Heathrow route. The lease is in effect until 19 June 2025, serving as a replacement for WestJet’s own Boeing 787-9, which is currently unavailable.

Aircraft Engine Lease Finance Acquires A330-200 Leased To Hawaiian

ByAdmin 16/05/202519/05/2025

Aircraft Engine Lease Finance (US) has acquired an Airbus A330-200, bearing serial number 1104, from Avolon, a leading aircraft leasing company based in Ireland. The aircraft remains on operating lease with Hawaiian Airlines, and is powered by Rolls-Royce Trent engines, continuing its service within the carrier’s long-haul fleet.

Airlines | Embraer | Fleet | Sale

Mesa Airlines Sells 18 E175 Aircraft to United Airlines

ByAdmin 08/01/202512/01/2025

Mesa Airlines, a US-based regional carrier, has entered into an Aircraft Purchase Agreement with United Airlines to sell 18 E175 aircraft. The transaction is valued at US$229.1 million in gross proceeds, with 10 of the aircraft to be leased back to Mesa, ensuring continuity in its operations.

Airlines | Traffic

Viva Reports 2.8% Increase in October 2024 Passengers to 2.4 Million

ByAdmin 10/11/202413/11/2024

Viva, the Mexican low-cost carrier, recorded a 2.8% increase in passenger numbers for October 2024, reaching 2.4 million passengers. Despite the growth in traffic, the airline’s load factor (LF) dropped by 2.1 points to 87.7%, indicating a slight decrease in seat occupancy compared to the previous year. Meanwhile, Viva’s Available Seat Miles (ASMs) rose by 5.0%, and Revenue Passenger Miles (RPMs) increased by 2.9%, reflecting the airline’s expanded capacity and sustained…

Airlines | Embraer | Flag Carrier | Network

Austrian Airlines Launches Vienna-Ivalo Flights

ByAdmin 29/01/202530/01/2025

Austrian Airlines has officially launched direct flights between Vienna and Ivalo, marking a new seasonal route to Lapland, Finland. The airline began operations on 15 January 2025, utilizing its Embraer E195 aircraft.

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