Lulutai Airlines (Tonga) has officially submitted a request for a government subsidy aimed at accelerating its financial recovery efforts before a potential privatization. The move comes as the airline attempts to stabilize operations and repay existing liabilities, positioning itself as a more viable candidate for a private investor.
Ghana has initiated formal discussions with World Aviation Group (US) to evaluate the possibility of establishing a new national carrier, reviving efforts to restore a flag carrier presence in the West African nation. This latest move reflects the government’s ongoing ambition to enhance air connectivity, stimulate tourism, and boost regional competitiveness through a domestically-rooted airline.
SriLankan Airlines will no longer undergo privatization, according to a decision by the Sri Lankan government to retain national ownership of the carrier. The move reverses earlier intentions to offload the state-run airline and instead pivots toward internal reform through a new management structure designed to drive profitability.
Air Mauritius has received a critical financial lifeline from its parent company, Airport Holdings Ltd (AHL), which has formally converted a US$176 million shareholder loan into equity. This move comes as AHL acknowledges the airline’s ongoing financial challenges and aims to stabilize its capital structure during a period of fiscal strain.
Aerolineas Argentinas, the national carrier of Argentina, has reported a confirmed net profit of US$114 million for the year 2024. The figure was validated by the country’s Treasury Department, marking a significant financial milestone for the airline after years of fiscal challenges.
Air Botswana, the national airline of Botswana, is set to receive an additional government support of US$4.7 millionin the upcoming financial year. This move underscores the government’s commitment to bolstering the airline’s operations and ensuring its financial stability.
Mexicana, Mexico’s revived flag carrier, has reportedly cost taxpayers more than $1.72 billion during its first year of operations, as disclosed by a government agency. This figure includes expenses related to the purchase of 20 Embraer E2 aircraft, part of the airline’s fleet modernization strategy.
Tunisair, Tunisia’s national carrier, has appointed Halima Khawaja as its new CEO as part of a broader management shakeup and restructuring effort aimed at improving the airline’s operations and financial performance. Khawaja steps into her role with a mandate to guide Tunisair through this critical period, focusing on streamlining processes and optimizing the carrier’s organizational structure to address long-standing challenges.
Ethiopian Airlines has entered into a strategic partnership with the government of South Sudan to establish and manage a new national carrier for the country. This agreement marks a significant milestone in South Sudan’s aviation sector, which has long sought to enhance its connectivity and establish a reliable domestic and regional airline presence. Ethiopian Airlines, known for its…
Aerolineas Argentinas, Argentina’s national carrier, is at risk of closure as the government, led by Javier Milei, has proposed a privatization process to address the airline’s financial struggles. This privatization plan is seen as a critical measure to ensure the airline’s sustainability, but it has encountered resistance from employees and unions concerned about job security and potential changes…
