FAA has issued a sweeping Airworthiness Directive targeting structural integrity concerns on the Boeing 787 family, spotlighting renewed maintenance requirements for US Dreamliner operators.
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Trax has signed a multi-year contract expansion with Air Atlanta Icelandic, extending their relationship through the deployment of Trax’s eMobility suite and cloud hosting services to further modernize maintenance operations.
Aeromexico is preparing to expand its next-generation narrowbody fleet with the upcoming delivery of a Boeing 737 MAX 8, continuing its strategy to enhance operational efficiency and passenger comfort. The aircraft, bearing manufacturer serial number (MSN) 43310, is scheduled for delivery from Boeing in the coming period.
The government of Portugal has reiterated that the ongoing privatization of TAP Air Portugal is being driven primarily by strategic national interests rather than financial motivations. Officials emphasized that TAP’s role in the country’s connectivity, tourism, and international presence outweighs its balance sheet when evaluating potential buyers.
Thai AirAsia has initiated the issuance and offering of High-Risk Secured and Callable Debentures, with backing from a corporate guarantor. The offering totals US$58.5 million, with a 5.5% annual coupon rate and a tenor of 2.5 years. This financial instrument is designed to attract yield-seeking investors while supporting Thai AirAsia’s ongoing liquidity and operational funding needs.
Asia Aviation, the parent company of Thai low-cost carrier Thai AirAsia, has released its financial results for the first quarter of 2025, revealing a net profit of $41.7 million. This positive outcome was achieved despite a 4% year-over-year drop in revenue, which totaled $397 million. The airline’s financial position remains solid, with cash and cash equivalents amounting to $43.1…
