A serious ground incident at Montreal-Trudeau Airport has resulted in a ground handler sustaining critical injuries during the pushback of a French bee Airbus A350-900, registered F-HREY, bound for Paris-Orly as flight BF5761.
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Korean Air CEO Woo Kee-hong is set to be promoted to vice chairman upon the completion of Korean Air’s corporate merger with Asiana Airlines. This promotion highlights the strategic importance of the merger, which aims to consolidate the two major South Korean carriers into a globally competitive airline. The merger process has been closely monitored by industry analysts and…
Volofin Capital Management (UK) has announced the successful structuring and closing of a spares inventory financing facility for Virgin Atlantic (UK). The facility, valued at up to $100 million, will support Virgin Atlantic in managing and optimizing its aircraft spare parts inventory.
Regional Express (Rex), an Australian airline, has been granted a temporary reprieve in legal proceedings brought by U.S.-based aviation company Jet Midwest. The dispute centers on four Saab 340 aircraft, which Jet Midwest claims were allegedly taken without proper authorization. Jet Midwest is seeking $7.2 million in damages, citing financial losses associated with the aircraft’s…
The Pakistani government is set to hold the final auction for Pakistan International Airlines (PIA) on October 30, 2024, marking a significant step in its broader economic reform agenda. This privatization move, supported by the International Monetary Fund (IMF), aims to alleviate the national carrier’s financial struggles while addressing broader economic challenges through structural reforms….
Vietjet, the Vietnamese low-cost carrier known for its aggressive growth strategy in Asia-Pacific, has announced a landmark order for 20 Airbus A330-900 aircraft. This move represents Vietjet’s first significant widebody order with Airbus and marks a pivotal shift in its long-term strategic planning, with the goal of expanding medium- and long-haul operations over the coming decade.
Hainan Airlines is expanding its network to Russia with a new direct route from Xi’an, China, to Vladivostok, beginning December 3, 2024. The service will operate four times weekly, utilizing a Boeing 737-800 aircraft, and is expected to cater to both business and leisure travelers. The flights are scheduled to depart from Xi’an at 07:40,…
