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Tunisair Government Rescue Plan to Focus on Fleet Renewal

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Tunisair, Tunisia’s national carrier, is set to benefit from a government-initiated rescue plan, aimed at addressing the airline’s financial and operational challenges. A key focus of the plan is fleet renewal, as several aircraft in Tunisair’s current fleet are projected to reach the end of their operational life between 2029 and 2030.

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Regional Express Faces Legal Action Over Fiscal Outlook Claim

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Regional Express (Australia), also known as Rex, is set to face legal action initiated by the Australian Securities and Investments Commission (ASIC) over allegations of making an inaccurate claim regarding its fiscal 2023 financial outlook. The case arises from a public statement by Rex forecasting a positive fiscal outlook for 2023, which ASIC claims was inaccurate or potentially misleading….

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Avianca Expands Fleet with New Boeing 787-8

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Avianca, Colombia’s flagship carrier, has added a new Boeing 787-8 to its fleet. The aircraft, identified by serial number 34795, is powered by Rolls-Royce Trent 1000 engines, known for their fuel efficiency and reliability. This addition strengthens Avianca’s long-haul service capabilities, supporting its international route network and enhancing the passenger experience with the Boeing 787’s…

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Aeroitalia Plans Stock Market Listing with Strong Growth Projections

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Aeroitalia, the Italian airline, has announced its roadmap for a public stock market listing, expected in the fourth quarter of 2025 or early 2026. With revenue projections exceeding $217 million by the end of 2024 and a positive EBITDA, Aeroitalia is positioning itself for substantial growth as it eyes a larger market presence and investor…

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Avion Express Brasil Advances in AOC Process, Eyes Early 2025 Launch

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Avion Express Brasil has reached a significant milestone in its journey to operational launch by successfully completing the 4th stage in the process of obtaining its Air Operator Certificate (AOC) from Brazil’s civil aviation authority. With this progress, the airline anticipates starting commercial operations by the very beginning of 2025. This latest advancement brings Avion Express Brasil closer to becoming a…

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Surf Air Mobility Secures $50M Senior Term Loan from Comvest Partners

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Surf Air Mobility, a leading US-based regional air mobility company, has announced the successful closing and fundingof a new Senior Secured Term Loan provided by Comvest Partners. The facility includes a fully funded $44.5 million term loan, along with a $5.5 million delayed draw term loan earmarked for interest payments during the first 18 months. This financing is expected to bolster Surf…

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IAG CEO Awaits Decision on Air Europa Capital Increase

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IAG CEO Luis Gallego has not yet confirmed whether the group will take part in Globalia’s proposed capital increase for Air Europa, aimed at strengthening the Spanish airline’s financial stability. This potential investment would enhance Air Europa’s fiscal resilience, particularly valuable as the airline seeks to recover from recent economic challenges and compete effectively within Europe.