Silver Airways (US) has announced that it will utilize cash collateral to cover its operating expenses for an initial two-week period. This move comes as the airline works to secure Debtor-in-Possession (DIP) financing, which is essential for stabilizing its financial position and continuing operations.
Please SUBSCRIBE to view the full content.
First month of membership is free!
flyadeal, the Saudi Arabian low-cost carrier and subsidiary of Saudia Group, has taken delivery of a brand-new Airbus A320neo, bearing manufacturer serial number (MSN) 12544. The aircraft is powered by CFM International LEAP-1A26 engines, contributing to enhanced fuel efficiency and reduced emissions in line with the airline’s cost-conscious, high-utilization business model.
Pegasus is preparing to further modernize its fleet with the upcoming delivery of a brand-new Airbus A321neo. The aircraft, bearing the manufacturer serial number (MSN) 12759, is configured in a single-class high-density layout with 239 seats and will significantly expand the airline’s capacity on key domestic and regional routes. The aircraft is powered by two CFM LEAP-1A32 engines, offering greater efficiency…
Isla Air Express, based in Spain, recently took delivery of a DHC6-300, serial number 557, operated by Mediterranean Coastal Airlines (Malta) and powered by PT6A-27 engines. This aircraft, known for its versatility and reliability, is expected to support Isla Air Express’s regional service offerings, catering to high-demand routes with short airstrips.
Virgin Atlantic has announced its return to Mexico with the launch of a new route connecting London Heathrow to Cancun. Scheduled to commence on 19 October 2025, this seasonal route will operate during the winter season, catering to increased demand for travel to Mexico’s popular tourist destinations. The service will be operated using Virgin Atlantic’s advanced A350-1000 aircraft, known for its spacious layout, fuel…
Spirit Airlines is set to furlough approximately 330 pilots on January 31, 2025, as part of an ongoing cost-cutting strategy aimed at shoring up its finances amid a challenging aviation market. This latest round of furloughs follows an initial cut in September 2024, which saw 186 pilots furloughed. Additionally, Spirit plans to downgrade 120 captains…
Afrijet Business Service, operating under the brand FLYGABON, has officially taken delivery of its first brand-new ATR 42-600, becoming the operator of the youngest ATR fleet in Africa. This delivery marks a pivotal step in the airline’s fleet modernization strategy, enabling it to fully transition away from its older ATR 42-500 units in favor of a next-generation ATR-600 fleet.
