Virgin Australia Appoints Dave Emerson as CEO Amid Stock Exchange Relisting Plans

ByAdmin 05/03/202507/03/2025

Virgin Australia has announced that Dave Emerson, currently serving as Chief Commercial Officer (CCO), will step into the role of Chief Executive Officer (CEO). He will succeed Jayne Hrdlicka, who has led the airline since its 2020 restructuring under new ownership. The leadership transition comes as Virgin Australia moves closer to relisting on the Australian Stock Exchange (ASX).

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BOC Aviation Acquires Five Boeing 737-8 Aircraft for Lease to Arajet

ByAdmin 24/02/202503/03/2025

BOC Aviation Limited, a Singapore-based aircraft leasing company, has announced the purchase of five Boeing 737-8 aircraft from The Boeing Company. These aircraft will be leased on a long-term basis to Arajet S.A., a low-cost carrier based in the Dominican Republic. The deliveries are scheduled for 2026 and 2027, and all aircraft will be powered by CFM LEAP-1B engines.

Airlines | Financial

Surf Air Mobility Plans to Reduce Equity Dilution

ByAdmin 12/12/202412/12/2024

Surf Air Mobility (US) has unveiled a strategic initiative to minimize potential equity dilution significantly. The company announced plans to reduce the number of shares registered by approximately 35.6 million, which is expected to result in a 90% decrease in potential future equity dilution.

Airlines | Governments | Management

Government to Address Internal Issues at Air Mauritius

ByAdmin 20/11/202422/11/2024

The Mauritian government has announced plans to investigate Air Mauritius, the nation’s flag carrier, in response to a series of internal disputes that have reportedly created a climate of unrest within the organization. The move aims to address issues ranging from resignations and corruption allegations to workplace grievances and accusations of intimidation.

Airlines | Crisis | Financial

Nauru Airlines Reports $4.1 Million Loss for Fiscal 2024

ByAdmin 07/01/202509/01/2025

Nauru Airlines has reported a US$4.1 million loss for the fiscal year ending June 30, 2024. The significant loss was attributed to unpaid bills arising from the airline’s wet lease operations, a challenging situation that has strained its financial performance.

Airlines | Fleet | Low Cost Carrier

AJet Plans Major Expansion with 200 Aircraft Fleet by 2033

ByAdmin 13/03/202513/03/2025

AJet (Turkiye) has outlined an ambitious growth strategy, targeting an expansion of its flight network to 44 countrieswhile increasing its fleet size to 200 aircraft by 2033. This long-term plan aims to position AJet as a key player in the international low-cost airline market, capitalizing on growing demand for affordable air travel across multiple regions.

Airlines | Cities | Corporation | Financial | Governments

Qingdao Tourism Group Acquires 50% Stake in Qingdao Airlines

ByAdmin 30/10/202401/11/2024

After a prolonged two-year process, Qingdao Tourism Group has officially acquired a 50% share in Qingdao Airlines, previously held by Qingdao Urban Construction Investment Group. This significant shift reflects ongoing strategic efforts to strengthen the airline’s growth and regional influence in China’s competitive aviation market. The transfer aligns with Qingdao Tourism Group’s goal to expand…

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