Etihad Airways (UAE) has delayed its highly anticipated $1 billion initial public offering (IPO) until at least April 2025. The airline has not disclosed the specific reasons for the postponement, leaving investors speculating on potential market conditions, regulatory approvals, or strategic adjustments influencing the decision.
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Thai Airways International has signed a Memorandum of Understanding (MOU) with the Kansas Modification Center to establish a joint venture dedicated to converting B777-300ER passenger aircraft into cargo freighters. This strategic collaboration aims to capitalize on the growing demand for cargo capacity amid a continuing global shift in air freight logistics.
Renegade Air, a regional operator based in Kenya, has taken delivery of an ATR42-500 aircraft, serial number 637, which will be operated under lease. The turboprop is powered by PW127E engines and is intended to strengthen the airline’s domestic and regional operations.
CAMEX Airlines, a Georgian carrier specializing in cargo operations, has expanded its fleet with the delivery of a Boeing 767-300ERBDSF. The aircraft, bearing serial number 25451, has been leased and is powered by CF6-80C2B6 engines. This addition strengthens CAMEX Airlines’ capabilities in the growing air cargo market.
Air Serbia is scheduled to take delivery of its fourth Airbus A330-200 aircraft in February 2025, following a series of delays.
Regional Express (Australia), also known as Rex, is set to face legal action initiated by the Australian Securities and Investments Commission (ASIC) over allegations of making an inaccurate claim regarding its fiscal 2023 financial outlook. The case arises from a public statement by Rex forecasting a positive fiscal outlook for 2023, which ASIC claims was inaccurate or potentially misleading….
Turkish Airlines (THY) has had its request to operate five additional weekly flights to Canada from April 1, 2025, denied by Canadian authorities. The request, which sought extra-bilateral authority, was rejected as it would substantially modify the negotiated air service agreement outside of the formal renegotiation process.
