Eastar Jet, a prominent low-cost airline based in South Korea, has successfully secured a $21 million investmentfrom SG Private Equity, a private equity firm headquartered in Seoul. This strategic infusion of capital is aimed at bolstering Eastar Jet’s efforts to expand its fleet and strengthen its operational capabilities.
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ACG Air Cargo Germany’s insolvency administrator has suffered a legal setback after the Braunschweig Regional Court ruled against its $147.6 million lawsuit against the Federal Aviation Office. The case centered on the carrier’s claim for damages following the suspension of its operating license, which it argued led to financial losses and insolvency.
Finnair (Finland) faces significant operational disruption following the announcement of a pilot strike by the airline’s pilots’ union. The strikes, scheduled for 09 and 13 December 2024, have led to the cancellation of approximately 300 flights, affecting thousands of passengers during the busy travel period.
Asia Pacific Airlines has bolstered its cargo fleet with the addition of a B757-200PCF, serial 32387, under a lease agreement with Titan Aircraft Investments. This aircraft, equipped with RB211 engines, enhances the airline’s freighter capabilities, supporting its expanding network.
Bhutan Airlines is set to expand its international operations with the launch of direct flights between Paro International Airport and Hong Kong. The new route is scheduled to commence on 27 January 2025, marking a significant step in the airline’s strategy to enhance connectivity and cater to increasing demand for travel between Bhutanand East Asia.
Xiamen Airlines, based in China, has taken delivery of a new Airbus A321neo, serial number 12341.
Air Astana, the national airline of Kazakhstan, has announced the launch of direct flights from Astana to Phu Quoc, Vietnam, scheduled to commence on December 3, 2024. The service will be operated by the Airbus A321LR, an extended-range variant designed to provide greater efficiency and comfort on longer routes. This new route marks Air Astana’s continued expansion into Southeast Asia, catering to both leisure…
