Silver Airways, a U.S.-based regional carrier, has received a $5.78 million stalking horse bid from KIA II, a financial firm that had previously provided debtor-in-possession (DIP) financing to the airline. This development positions Silver Airways to move forward in its efforts to exit bankruptcy proceedings and reestablish operational normalcy.
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Aegean Airlines (Greece) has announced a new seasonal route connecting Irakleion and Metz/Nancy in France. The service will commence on 2 July 2025, utilizing the reliable Airbus A320 to enhance its summer schedule.
Korean airline T’Way Air has announced an expansion of its European network starting April 2025, with additional flights and the introduction of Boeing 777-300ER aircraft on certain routes. Flights from Seoul Incheon to Frankfurt will increase from four to seven weekly by the end of May, operated with the Airbus A330-200. Additionally, T’Way will upgrade…
Global Crossing Airlines (USA) achieved a notable 23% increase in revenue for the third quarter of 2024, totaling $52.4 million. Despite this revenue growth, the airline’s net loss remained flat at $4.9 million, and it held $7.8 million in cash and restricted cash, underscoring its commitment to operational expansion and financial stability.
United Express, the regional arm of United Airlines, has expanded its fleet with the addition of an Embraer E175, identified by serial number 17000983. The aircraft is operated by SkyWest Airlines and powered by CF34-8E5 engines, enhancing United Express’s regional connectivity and operational efficiency.
Air Montenegro has extended the deadline for its tender to secure a short-term wet-lease of one Embraer E190/E195aircraft. The new deadline for submissions is 29 November 2025, with the lease period planned from 01 February to 31 October 2025.
Air Montenegro has announced that it will not resume its seasonal flights between Podgorica and Ostrava for the 2025 summer season. The decision marks a shift in the airline’s network planning as it continues to evaluate its operational priorities.
