GOL (Brazil) has announced that following a recent capitalization initiative, its common and preferred stock is now 80%owned by its parent company, Abra Group (UK). This move consolidates Abra Group’s position as the controlling stakeholder in the Brazilian carrier, strengthening its influence over GOL’s operations and future strategy.
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Air T (US) has announced the successful renegotiation of a critical financing agreement involving its wholly owned subsidiary, AAM 24-1. This new transaction has grown to a total of $100 million, aimed at supporting the growth and strategic initiatives of Crestone Air Partners.
Ryanair has called on Spain’s Minister for Social Rights, Consumption, and Agenda 2030, Pablo Bustinduy, to “respect EU legislation” that guarantees airlines the freedom to set fares. This demand follows the imposition of a €179 million fine on Ryanair and other low-cost carriers for allegedly abusive pricing practices, including fees for carry-on baggage and seat selection.
KLM, the flag carrier of the Netherlands, grounded seven Boeing 787 aircraft on May 3, 2025, after a serious maintenance oversight involving a refueling system component. The grounding occurred following the discovery that engineers had applied the wrong maintenance procedures, prompting immediate safety concerns and regulatory involvement.
Lukoil-Avia, the aviation division of Russian oil giant Lukoil, has expanded its fleet with the addition of a new Sukhoi Superjet 100 (SSJ100), bearing the registration RA-89215.
KLM Royal Dutch Airlines has taken delivery of a new Airbus A320neo, registered under serial number 12472, further advancing the airline’s fleet modernization efforts. The aircraft is equipped with LEAP-1A30 engines from CFM International, known for their fuel efficiency and environmental performance.
Altavair, a U.S.-based aviation investment and leasing firm, has announced the appointment of Beng Yip as Senior Vice President of Marketing and Head of Asia Pacific, marking a significant expansion in its executive leadership focused on the region. This move reflects Altavair’s intent to deepen its footprint in one of the fastest-growing aviation markets in the world.
