A US court has ordered fraud-convicted cryptocurrency entrepreneur Samuel Benjamin Bankman-Fried, commonly known as SBF, to forfeit about USD1 billion in assets, including two private jets, political donations, and countless crypto balances, the biggest item being his 55.2 million shares worth USD605 million in cryptocurrency trading firm Robinhood Markets. On February 18, the United States [...]
Etihad Airways (EY, Abu Dhabi International) is looking for an investor willing to take up to a 20% stake in the airline, Reuters reported citing unnamed sources familiar with the matter. The company could raise USD1 billion in its initial public offering (IPO) and would be the first Gulf carrier to go public in 17 [...]
The European Union Aviation Safety Agency (EASA) certified the A321-200NY(XLR) type powered by Pratt & Whitney PW1100G GTF engines on February 21, 2025. Separately, Airbus officially confirmed delays to its A350F rollout during an earnings call and warned that looming tariffs could force it to reduce deliveries to the US and prioritise other markets. The [...]
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Luminair has announced the addition of its first Citation XLS+. The company recently told Business Air News it expects to operate three XLS-family jets by April 2025, alongside plans to induct three brand-new Falcon 900LXs. The newly added Citation XLS+, D-CPLN (msn 560-6003), was at the centre of a dispute between ACASS Ireland and Amborella, [...]
Air New Zealand (NZ, Auckland International) warns its problems with grounded aircraft will get worse before they get better. During a February 20, 2025, investors' call, CEO Greg Foran said the airline was likely to have 11 aircraft - one-fifth of the fleet - on the ground in the latter half of 2025 because of [...]
This article is only available for Commercial Aviation News, Operator and Airport Data. subscribers.Find out more Source: ch aviation Read more: Uzbekistan's Centrum Air to take first A320neo in late 1Q25
This article is only available for Commercial Aviation News, Operator and Airport Data. subscribers.Find out more Source: ch aviation Read more: Kazakh vice minister says SCAT Airlines planning cargo ops
Thai Airways International (TG, Bangkok Suvarnabhumi) is targeting an exit from its court-supervised business rehabilitation process and a relist on the Stock Exchange of Thailand in the first half of 2025 ahead of a significant international expansion, administrator Piyasvasti Amranand told Bloomberg this week. This follows the carrier completing a THB76 billion baht (USD2.26 billion) [...]
This article is only available for Commercial Aviation News, Operator and Airport Data. subscribers.Find out more Source: ch aviation Read more: Police call Jeju Air CEO in for questioning over Muan crash