European Commission Approves Remedy Takers for ITA Airways Deal

ByAdmin 01/12/202404/12/2024

The European Commission has granted approval under the EU Merger Regulation for easyJet (UK), IAG (UK), and Air France-KLM as suitable remedy takers. This decision comes as part of the commitments made by Lufthansa (Germany) and the Italian Ministry of Economy and Finance (MEF) to secure joint control over ITA Airways (Italy).

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Airlines | Management

Afrijet Appoints Nyl Moret Mba as New CEO

ByAdmin 17/12/202418/12/2024

Afrijet, a leading regional airline based in Gabon, has appointed Nyl Moret Mba as its new Chief Executive Officer (CEO). This leadership transition is expected to usher in a new phase of strategic growth and operational development for the airline.

Airlines | Network

Royal Jordanian to Resume Flights to Delhi and Mumbai

ByAdmin 16/12/202417/12/2024

Royal Jordanian Airlines has announced plans to resume direct flights to Delhi and Mumbai in 2025. The move is part of the airline’s strategy to strengthen its global network and meet the growing demand for air travel between Jordan and India.

China Southern Expands Fleet to 913 Aircraft in September 2024

ByAdmin 16/10/202416/10/2024

In September 2024, China Southern Airlines continued to expand and optimize its fleet with the addition of four new aircraft.

Udi Sharon Appointed CEO of Challenge Airlines IL

ByAdmin 30/10/202401/11/2024

Challenge Group has appointed Udi Sharon as the new CEO of Challenge Airlines IL. Sharon brings extensive experience from Israel’s logistics and airfreight sectors and joins Challenge Group’s senior management team to enhance the airline’s local and international operations.

Airlines | Financial

Spring Airlines Announces $21-42M Share Repurchase Plan

ByAdmin 08/11/202412/11/2024

Spring Airlines, a major low-cost carrier in China, has unveiled plans for a share repurchase valued between $21 and $42 million. The repurchase will be conducted through centralized bidding and is set to be entirely self-funded, reflecting the airline’s financial strength and commitment to enhancing shareholder value.

Airbus | Airlines | Leasing

Aeroflot to Lease Three A330s from I Fly

ByAdmin 01/12/202404/12/2024

Aeroflot (Russia) has signed a preliminary agreement with I Fly (Russia) to lease three Airbus A330 aircraft. This strategic move is part of Aeroflot’s plan to expand its route network to the Far East, enhancing connectivity and capacity on long-haul routes.

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