Spirit Airlines Warns of Potential Equity Loss in Ongoing Restructuring Deal

ByAdmin 14/11/202418/11/2024

Spirit Airlines, based in the United States, has cautioned that its shareholders could see their equity wiped out as the airline negotiates a restructuring deal with creditors. This announcement underscores the financial difficulties Spirit faces as it seeks to stabilize its operations through a comprehensive restructuring plan, which could impact current shareholder value significantly.

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Aircraft | Boeing | Corporation | Financial | Manufacturers

Boeing Reports January 2025 Orders, Including 34 B737 MAX and B777F Sales

ByAdmin 19/02/202520/02/2025

Boeing has reported its January 2025 aircraft transactions, reflecting significant orders and financial transfers. The records confirm that an unidentified customer placed an order for 34 B737 MAX aircraft, while another unidentified buyer ordered two B777F freighters.

Airlines | Fleet | For Lease | For Sale

Azorra Reports 2024 Leasing and Fleet Transactions

ByAdmin 15/01/202517/01/2025

Azorra, a US-based aircraft lessor, has released its fleet transaction highlights for 2024, showcasing a strong year of growth and activity. The company signed lease agreements for 17 aircraft, reflecting its commitment to supporting global carriers with modern and efficient fleet solutions. In addition to the leasing activity, Azorra successfully delivered nine aircraft to its clients, meeting operational demands…

Airlines | Cargo | Partnership

Emirates SkyCargo and Astral Aviation Sign MoU

ByAdmin 21/02/202524/02/2025

Emirates SkyCargo (UAE) has partnered with Astral Aviation (Kenya) through a Memorandum of Understanding (MoU) aimed at strengthening global trade routes to and from Africa. This collaboration will focus on expanding air freight capacity, optimizing cargo connectivity, and supporting African businesses in accessing international markets.

Airlines | Boeing | Fleet

TAAG Angola to Acquire Three Boeing 787s

ByAdmin 24/01/202529/01/2025

TAAG Angola Airlines, the national carrier of Angola, has announced plans to acquire three Boeing 787 Dreamliners as part of its fleet modernization strategy. This significant investment is aimed at enhancing the airline’s operational capacity and offering an improved passenger experience.

Airlines | Crisis | Legal | Management

Jeju Air CEO Faces Travel Ban Amid Investigation

ByAdmin 06/01/202509/01/2025

Jeju Air, a major South Korean low-cost carrier, faces leadership turbulence as its CEO, Kim E-bae, has been barred from leaving the country. The travel ban, imposed by the investigation team, is part of an ongoing inquiry into undisclosed matters concerning the airline’s operations or management.

Airlines

Luxair Finalizes Collective Agreement Renewal with Unions

ByAdmin 20/02/202521/02/2025

Luxair (Luxembourg) has successfully concluded negotiations with unions, finalizing an agreement for the renewal of the collective agreement. This agreement marks a significant milestone for the airline and its workforce, ensuring improved working conditions and financial commitments.

Aircraft | Boeing | Corporation | Financial | Manufacturers

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