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.
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Silver Airways (US) has announced that it will utilize cash collateral to cover its operating expenses for an initial two-week period. This move comes as the airline works to secure Debtor-in-Possession (DIP) financing, which is essential for stabilizing its financial position and continuing operations.
JetBlue (US) is bracing for a peak in aircraft on ground (AOG) levels within the next one to two years as it continues to deal with the Pratt & Whitney GTF engine issues affecting its fleet. CFO Ursula Hurley has stated that the airline expects the number of grounded aircraft to rise into the mid-to-high teens in 2025, further stressing JetBlue’s operational and financial outlook.
Sirius Airlines, a South Korean startup that was unable to commence operations in June 2024 due to financial setbacks, is now under scrutiny by the Ministry of Labor over allegations of unpaid wages. Reports indicate that Sirius Airlines has not paid wages to its employees for nearly six months, prompting an investigation into the company’s…
Jordan Airmotive has enhanced its existing partnership with Canadian cargo airline Cargojet, expanding its scope to include comprehensive maintenance and overhaul support for Cargojet’s fleet of General Electric CF6-80C2 engines.
Nordic Aviation Capital (NAC), based in Ireland, has successfully finalized lease agreements for two ATR72-600aircraft with Braathens Regional Airways of Sweden. This deal is part of NAC’s strategic efforts to expand its presence in the European market by supporting regional airlines with modern and efficient turboprop aircraft.
Air France-KLM is actively pursuing expansion of its strategic holdings, with CEO Ben Smith confirming that the group is in discussions to take a stake in Air Europa of Spain. Additionally, the airline is looking to boost its existing share in SAS (Scandinavian Airlines) of Sweden to a majority ownership.
Silver Airways (US) has announced that it will utilize cash collateral to cover its operating expenses for an initial two-week period. This move comes as the airline works to secure Debtor-in-Possession (DIP) financing, which is essential for stabilizing its financial position and continuing operations.
JetBlue (US) is bracing for a peak in aircraft on ground (AOG) levels within the next one to two years as it continues to deal with the Pratt & Whitney GTF engine issues affecting its fleet. CFO Ursula Hurley has stated that the airline expects the number of grounded aircraft to rise into the mid-to-high teens in 2025, further stressing JetBlue’s operational and financial outlook.
Sirius Airlines, a South Korean startup that was unable to commence operations in June 2024 due to financial setbacks, is now under scrutiny by the Ministry of Labor over allegations of unpaid wages. Reports indicate that Sirius Airlines has not paid wages to its employees for nearly six months, prompting an investigation into the company’s…
Jordan Airmotive has enhanced its existing partnership with Canadian cargo airline Cargojet, expanding its scope to include comprehensive maintenance and overhaul support for Cargojet’s fleet of General Electric CF6-80C2 engines.
Nordic Aviation Capital (NAC), based in Ireland, has successfully finalized lease agreements for two ATR72-600aircraft with Braathens Regional Airways of Sweden. This deal is part of NAC’s strategic efforts to expand its presence in the European market by supporting regional airlines with modern and efficient turboprop aircraft.
Air France-KLM is actively pursuing expansion of its strategic holdings, with CEO Ben Smith confirming that the group is in discussions to take a stake in Air Europa of Spain. Additionally, the airline is looking to boost its existing share in SAS (Scandinavian Airlines) of Sweden to a majority ownership.
Silver Airways (US) has announced that it will utilize cash collateral to cover its operating expenses for an initial two-week period. This move comes as the airline works to secure Debtor-in-Possession (DIP) financing, which is essential for stabilizing its financial position and continuing operations.
JetBlue (US) is bracing for a peak in aircraft on ground (AOG) levels within the next one to two years as it continues to deal with the Pratt & Whitney GTF engine issues affecting its fleet. CFO Ursula Hurley has stated that the airline expects the number of grounded aircraft to rise into the mid-to-high teens in 2025, further stressing JetBlue’s operational and financial outlook.
Sirius Airlines, a South Korean startup that was unable to commence operations in June 2024 due to financial setbacks, is now under scrutiny by the Ministry of Labor over allegations of unpaid wages. Reports indicate that Sirius Airlines has not paid wages to its employees for nearly six months, prompting an investigation into the company’s…
Jordan Airmotive has enhanced its existing partnership with Canadian cargo airline Cargojet, expanding its scope to include comprehensive maintenance and overhaul support for Cargojet’s fleet of General Electric CF6-80C2 engines.
Nordic Aviation Capital (NAC), based in Ireland, has successfully finalized lease agreements for two ATR72-600aircraft with Braathens Regional Airways of Sweden. This deal is part of NAC’s strategic efforts to expand its presence in the European market by supporting regional airlines with modern and efficient turboprop aircraft.
Air France-KLM is actively pursuing expansion of its strategic holdings, with CEO Ben Smith confirming that the group is in discussions to take a stake in Air Europa of Spain. Additionally, the airline is looking to boost its existing share in SAS (Scandinavian Airlines) of Sweden to a majority ownership.
