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Air Europa Engages PJT Partners for Debt Solutions

Air Europa, a major airline in Spain, has taken a significant step to address its financial challenges by hiring PJT Partners, a US-based advisory firm, to manage its debt and potentially arrange a capital increase. The airline aims to tackle a substantial debt of US$491.8 million, owed to the Spanish government, as part of its recovery strategy.

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Iran Airtour to Launch Paris Flights with A300

Iran Airtour has announced the launch of its new service to Paris, starting 31 January 2025. The flights will be operated using the A300 aircraft, marking a significant expansion in the airline’s European network. Following the introduction of the Paris route, Iran Airtour plans to add destinations in Germany, Spain, and Italy to its schedule.