Southwest Airlines, a leading US-based carrier, is facing legal action from the US Department of Transportation (DOT). The lawsuit accuses the airline of illegally operating multiple chronically delayed flights, causing significant disruptions to passengers’ travel plans.
Air Canada has released preliminary results for its recently concluded substantial issuer bid, part of its ongoing efforts to enhance shareholder value and optimize capital structure. The airline had invited shareholders to tender their Class A Variable Voting Shares and Class B Voting Shares, offering to buy back up to $436 million worth of shares at prices ranging from $13.40 to…
Sun Country Airlines has strengthened its financial position by raising $60 million through a new C-tranche appended to its 2019-1 Enhanced Equipment Trust Certificate (EETC). The airline used the full amount to pay down a significant portion of its term loan, which was financing five Boeing 737-900ER aircraft. This move reflects the airline’s strategy of optimizing its capital structure, reducing long-term debt obligations,…
Alaska Airlines is preparing to expand its next-generation fleet with the delivery of a new Boeing 737-8 MAX, reinforcing its long-term fleet renewal program. The aircraft, carrying manufacturer serial number 67509, will be registered as N814AK. This addition continues Alaska’s steady integration of the MAX family, which has become central to its strategy of enhancing efficiency and passenger comfort…
Dubai Aerospace Enterprise (DAE), based in the United Arab Emirates, has announced a definitive agreement with K2 Aviation of Ireland to sell seven aircraft from its portfolio. These aircraft, consisting of both Airbus and Boeingmodels, are currently on lease to six different airline customers.
VAS Aero Services, a U.S.-based specialist in aftermarket aviation services, has been selected by Airbus to manage the teardown and redistribution of used serviceable material (USM) from three Airbus A380 aircraft, bearing serial numbers 061, 066, and 084. These aircraft are being formally retired from service and will undergo disassembly in collaboration with Tarmac Aerosave in France.
