Mayotte’s international airport, Dzaoudzi–Pamandzi International Airport, has suspended all commercial flights until December 31, 2024, following significant damage caused by a recent cyclone.
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AerCap, a global leader in aircraft leasing headquartered in Ireland, has announced delays in the delivery schedules of several Boeing and Airbus aircraft due to recent production disruptions. Ongoing labor strikes at Boeing have led AerCap to postpone deliveries of eight Boeing aircraft initially slated for 2024, with their delivery now deferred into 2025 and…
The Supreme Court of South Korea has ruled that Eastar Jet is responsible for the collapse of its merger with Jeju Air, ordering substantial damages to be paid to Jeju. According to the court’s decision, Eastar Jet must pay Jeju Air 10 billion Korean won, and Daedong Investment, another involved party, is required to pay…
China Southern Airlines is set to resume its direct flights between Guangzhou and Nagoya on December 20, 2024, reestablishing an important link between China and Japan. The route, which will be operated by an Airbus A320, aims to meet the demand for both business and leisure travel between these major Asian cities as international travel…
ACG Air Cargo Germany’s insolvency administrator has suffered a legal setback after the Braunschweig Regional Court ruled against its $147.6 million lawsuit against the Federal Aviation Office. The case centered on the carrier’s claim for damages following the suspension of its operating license, which it argued led to financial losses and insolvency.
Azul believes that the $100 million debt owed by TAP Air Portugal since 2016 will be resolved soon, as both parties have acknowledged the obligation.
Spirit Airlines, a prominent U.S.-based low-cost carrier, has been downgraded by S&P Global from ‘CCC’ to ‘D’following its Chapter 11 bankruptcy filing. The move reflects the airline’s financial struggles and the significant challenges it faces during its restructuring process. Additionally, the ratings on Spirit Airlines’ Enhanced Equipment Trust Certificates (EETCs) have been lowered by one notch.
AerCap, a global leader in aircraft leasing headquartered in Ireland, has announced delays in the delivery schedules of several Boeing and Airbus aircraft due to recent production disruptions. Ongoing labor strikes at Boeing have led AerCap to postpone deliveries of eight Boeing aircraft initially slated for 2024, with their delivery now deferred into 2025 and…
The Supreme Court of South Korea has ruled that Eastar Jet is responsible for the collapse of its merger with Jeju Air, ordering substantial damages to be paid to Jeju. According to the court’s decision, Eastar Jet must pay Jeju Air 10 billion Korean won, and Daedong Investment, another involved party, is required to pay…
China Southern Airlines is set to resume its direct flights between Guangzhou and Nagoya on December 20, 2024, reestablishing an important link between China and Japan. The route, which will be operated by an Airbus A320, aims to meet the demand for both business and leisure travel between these major Asian cities as international travel…
ACG Air Cargo Germany’s insolvency administrator has suffered a legal setback after the Braunschweig Regional Court ruled against its $147.6 million lawsuit against the Federal Aviation Office. The case centered on the carrier’s claim for damages following the suspension of its operating license, which it argued led to financial losses and insolvency.
Azul believes that the $100 million debt owed by TAP Air Portugal since 2016 will be resolved soon, as both parties have acknowledged the obligation.
Spirit Airlines, a prominent U.S.-based low-cost carrier, has been downgraded by S&P Global from ‘CCC’ to ‘D’following its Chapter 11 bankruptcy filing. The move reflects the airline’s financial struggles and the significant challenges it faces during its restructuring process. Additionally, the ratings on Spirit Airlines’ Enhanced Equipment Trust Certificates (EETCs) have been lowered by one notch.
AerCap, a global leader in aircraft leasing headquartered in Ireland, has announced delays in the delivery schedules of several Boeing and Airbus aircraft due to recent production disruptions. Ongoing labor strikes at Boeing have led AerCap to postpone deliveries of eight Boeing aircraft initially slated for 2024, with their delivery now deferred into 2025 and…
The Supreme Court of South Korea has ruled that Eastar Jet is responsible for the collapse of its merger with Jeju Air, ordering substantial damages to be paid to Jeju. According to the court’s decision, Eastar Jet must pay Jeju Air 10 billion Korean won, and Daedong Investment, another involved party, is required to pay…
China Southern Airlines is set to resume its direct flights between Guangzhou and Nagoya on December 20, 2024, reestablishing an important link between China and Japan. The route, which will be operated by an Airbus A320, aims to meet the demand for both business and leisure travel between these major Asian cities as international travel…
ACG Air Cargo Germany’s insolvency administrator has suffered a legal setback after the Braunschweig Regional Court ruled against its $147.6 million lawsuit against the Federal Aviation Office. The case centered on the carrier’s claim for damages following the suspension of its operating license, which it argued led to financial losses and insolvency.
Azul believes that the $100 million debt owed by TAP Air Portugal since 2016 will be resolved soon, as both parties have acknowledged the obligation.
Spirit Airlines, a prominent U.S.-based low-cost carrier, has been downgraded by S&P Global from ‘CCC’ to ‘D’following its Chapter 11 bankruptcy filing. The move reflects the airline’s financial struggles and the significant challenges it faces during its restructuring process. Additionally, the ratings on Spirit Airlines’ Enhanced Equipment Trust Certificates (EETCs) have been lowered by one notch.
