Virgin Australia is set to launch an initial public offering (IPO) as part of its strategic plan to diversify its shareholder base. According to reports, the carrier will offer a significant portion of its shares to new investors, a move designed to reduce the controlling stake of Bain Capital while maintaining the position of Qatar Airways as a key shareholder. Please SUBSCRIBE to view the full content.
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SpiceJet, the prominent low-cost airline based in India, has been ordered to pay $3.7 million, along with applicable interest, to Aerocare Aviation Services following an eight-year legal dispute. The ruling brings closure to a prolonged financial disagreement between the two parties and underscores the importance of clear contractual and service agreements within the aviation sector.
Riyadh Air, Saudi Arabia’s new national carrier, has announced plans to place an order for widebody aircraft in 2025, with models capable of seating over 300 passengers. According to CFO Adam Boukadida, this strategic move is part of Riyadh Air’s broader objective to expand its fleet and position itself as a major player in international…
Surinam Airways is enhancing its cargo operations with the lease acquisition of a Boeing 737‑800F, serial 33719, from leasing company BBAM (US). This marks the airline’s first foray into dedicated freighter services, signaling a new strategic direction in its operational capabilities.
Air France-KLM has released its financial results for the first quarter of 2025, revealing a net loss of US$283.6 million, despite an encouraging 7.7% increase in revenues, which totaled US$8.2 billion. The group’s liquidity position remains strong, with US$10.5 billion in available cash, providing resilience amid fluctuating operating conditions.
Sunwing Airlines (Canada) has enhanced its operational capacity with the addition of a Boeing B737-800, serial 37884, powered by CFM56-7B26 engines. The aircraft is provided on a wet lease arrangement by Smartwings (Czechia), highlighting Sunwing’s efforts to optimize fleet utilization during peak travel periods.
Alliance Airlines, based in Australia, has expanded its Embraer fleet with the delivery of a new E190 aircraft, bearing serial number 19000045. The aircraft is powered by CF34-10E6 engines, manufactured by GE Aviation, further strengthening the airline’s operational capacity and fleet consistency.
