Werner Aero CEO Mike Cazaz to Retire, Tony Kondo Named Successor

ByAdmin 02/01/202503/01/2025

Werner Aero, a leading aviation services company based in the United States, has announced that its founder, president, and CEO, Mike Cazaz, will retire at the end of December 2024, marking the culmination of an impressive 32-year tenure. Under his leadership, Werner Aero evolved into a key player in the global aviation market, known for its innovative approaches to asset management and aviation services.

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Airlines | Flag Carrier | Management

Air New Zealand Appoints Nikhil Ravishankar as CEO

ByAdmin 30/07/202531/07/2025

Air New Zealand has announced that Nikhil Ravishankar, its current Chief Digital Officer, will become the airline’s new Chief Executive Officer, succeeding Greg Foran, who steps down on 20 October. Ravishankar’s promotion marks a significant leadership shift, bringing deep digital expertise and strategic insight to the helm of one of the region’s most recognized carriers.

Airlines | Management

Mango Airlines Buyers Seek Relaunch Despite License Cancellation

ByAdmin 14/01/202515/01/2025

Mango Airlines (South Africa) faces uncertainty as the Air Services Licensing Council plans to cancel the carrier’s air services licenses. Despite this setback, potential buyers of the airline are exploring a relaunch in partnership with another airline to revive its operations.

Boeing | Corporation | Financial | Loan

Spirit AeroSystems Nears Funding Deal with Boeing for Cash Support

ByAdmin 09/11/202409/11/2024

Spirit AeroSystems and Boeing are close to finalizing a funding agreement aimed at providing a critical cash lifeline for Spirit, which has been facing significant financial challenges. The funding comes as Spirit AeroSystems anticipates a cash burn of approximately $450-500 million over the last quarter of 2024 and the first half of 2025. The deal reflects Boeing’s ongoing efforts to support its…

Airlines | Corporation | Crisis | Legal

Delta Sues CrowdStrike for $500M Over July 2024 Outage Linked to 7,000 Flight Cancellations

ByAdmin 27/10/202428/10/2024

Delta Air Lines has filed a $500 million lawsuit against cybersecurity provider CrowdStrike, accusing the company of breach of contract and negligence after a major outage in July 2024 led to the cancellation of 7,000 flights and disrupted operations across millions of Delta’s computer systems.

Airlines | Management

Air Senegal Announces Restructuring Plans

ByAdmin 08/01/202512/01/2025

Air Senegal has embarked on a comprehensive restructuring process, according to its CEO, Tidiane Ndiaye. The company’s strategy focuses on strengthening its operations within Africa before expanding further into Europe. This approach is designed to solidify the airline’s position in regional markets and build a foundation for broader international growth.

Airlines | COMAC | Fleet | Management | Order

Total Linhas Aereas to Become First Non-Chinese Operator of C919 Aircraft

ByAdmin 04/11/202406/11/2024

Total Linhas Aereas, a Brazilian airline, has announced plans to add the C919, China’s domestically developed commercial jet, to its fleet. This significant move, confirmed by CEO Paulo Almada, makes Total Linhas Aereas one of the first airlines outside China to operate the C919, marking a milestone in the jet’s global adoption.

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