AF-KLM mulls upping SAS stake, confirms Air Europa bid

Air France-KLM is eager to increase its existing holding in SAS Scandinavian Airlines, while simultaneously bidding for a controlling stake in Air Europa, Reuters reports. CEO Ben Smith told the news agency the holding was seeking to boost its existing 19.9% holding in SAS as the carrier continues to meet certain benchmarks such as integration [...]

By | March 24th, 2025|Financial|0 Comments

Lufthansa Cargo faces capacity crunch amid delivery delays

Lufthansa Cargo (LH, Frankfurt International) is facing challenges with its fleet due to delays in the delivery of new freighters, senior director of business development Heike Woerner said during a company webinar. The airline expects to add the first of seven B777-8Fs on order in 2028, a year later than initially planned. As quoted by [...]

By | March 24th, 2025|Financial|0 Comments

Former bank official queries Lulutai Airlines investment

A former deputy governor of the National Reserve Bank of Tonga has queried why the State Retirement Fund tipped TOP10 million pa'anga (USD4.15 million) into Lulutai Airlines (L8, Tongatapu) in the absence of audited financial statements. Writing in the Matangi Tonga digital newspaper, Samiuela Tukuafu said the amount, comprising a TOP6 million (USD2.5 million) loan [...]

By | March 23rd, 2025|Financial|0 Comments

Aruba Airlines halts Haiti flights over safety concerns

This article is only available with a subscription for Commercial Aviation News, Operator & Airport Data. Source: ch aviation Read more: Aruba Airlines halts Haiti flights over safety concerns

By | March 21st, 2025|Financial|0 Comments

LATAM eyes Argentina-US fifth-freedom route under Delta JV

LATAM Airlines Group is looking to launch a new fifth-freedom route connecting Buenos Aires Ministro Pistarini with Miami International as it works to incorporate Argentina into its joint venture agreement with Delta Air Lines. The new agreement, which follows the rapid liberalisation and adoption of open skies policies by Argentina, has already been submitted to [...]

By | March 21st, 2025|Financial|0 Comments

United Airlines eyes additional aircraft retirements in 2025

United Airlines (UA, Chicago O'Hare) is expected to retire 21 aircraft early during 2025, as the company anticipates some softness in the market and prepares to implement a short-term response to new headwinds, according to chief executive Scott Kirby. Speaking at a Barclays industrial event earlier this month, Kirby discussed the possibility of lower-than-expected profitability [...]

By | March 21st, 2025|Financial|0 Comments

US's NetJets Aviation opens terminal at Vail/Eagle, CO

NetJets Aviation (EJA, Columbus John Glenn, OH) has opened its new private terminal at Vail/Eagle, an airport serving the upmarket mountain resort of Vail, CO, president Patrick Gallagher said. "Proud to continue investing in locations where our owners travel the most and expand our real estate network," Gallagher said. NetJets is heavily investing in expanding [...]

By | March 21st, 2025|Financial|0 Comments

Canada's Execaire phases-out Phenom 300, Falcon 2000EX

Execaire Aviation (Montréal Trudeau) has phased out the only Falcon 2000EX EASy and Phenom 300E it operated, ch-aviation research reveals. The Falcon 2000EX EASy, C-FTMI (msn 76), was last active on March 2, 2025, when it flew from Miami Opa-Locka to Toronto Pearson, where it was based. Configured for up to 10 passengers, the 19-year-old [...]

By | March 21st, 2025|Financial|0 Comments

Wizz Air UK defers A321XLR debut amid delivery delay

Wizz Air UK (W9, London Luton) will postpone the entry into service of the A321-200NY(XLR) due to the delayed delivery of the first aircraft. The low-cost carrier now expects to receive the first one on April 10 instead of the originally planned March arrival, it told the aviation news site Rynek Lotniczy. The airline will [...]

By | March 21st, 2025|Financial|0 Comments

Former SAA board member in court over extortion cases

A former South African Airways (SA, Johannesburg O.R. Tambo) non-executive board member appeared briefly in a South African court on March 18 in connection with multiple extortion and taxi violence cases. Yakhe Kwinana faces charges of malicious damage to property and pointing a firearm after she was arrested in Midrand near Johannesburg on March 17. [...]

By | March 21st, 2025|Financial|0 Comments