China Eastern Airlines to raise up to $2.2 billion through share sale
China Eastern Airlines Corp plans to raise up to 15 billion yuan ($2.23 billion) in a share sale to expand its fleet and to replenish working capital, the company said…
How the FAA Will Spend $1 Billion to Improve ATC Over the Next Year
The funds will come from President Biden’s Bipartisan Infrastructure Law The FAA recently announced how it plans to begin investing the first $1 billion of the $5 billion the agency…
Wizz Air plans to hire 20,000 new employees, including 6,600 pilots by 2030
Image: Gabriele Petrauskaite Following the implementation of an ambitious business expansion scheme, Hungarian ultra-low-cost carrier Wizz Air has announced that it will be ramping up recruitment, with plans to hire…
easyJet to cut A319 seat capacity to fly with fewer crew
easyJet will reduce its Airbus A319 aircraft capacity in order to fly with fewer cabin crew members. The move comes as the UK-based budget carrier faces staff shortages. As part…
Air Lease warns on Boeing 777X, Lufthansa places order
Boeing Co was at the centre of a tug of war over the future of its newest jet on Monday as Germany’s Lufthansa ordered the 777X Freighter hours after an…
Domestic Trade Ministry to investigate AirAsia’s flights delay issue
The Domestic Trade and Consumer Affairs Ministry of Malaysia will conduct an investigation on the issue of delays and rescheduling of domestic flights involving AirAsia. While taking note of consumers’…
Lufthansa to buy seven Boeing passenger aircraft, 10 cargo planes
Germany’s Deutsche Lufthansa announced plans on Monday to buy Boeing passenger and cargo planes with a total list price of nearly $6 billion, citing a drive to modernise its fleet…
Croatian Air Travel Market Set for Complete Recovery in 2022
Croatia expects to register a strong summer season this year despite worries over the ongoing war in Ukraine and a potential resurgence of the coronavirus pandemic. A total of 66…
Dubai aviation firm DAE takes $538m write-off on leased aircraft with Russian carriers
DAE has filed insurance claims totalling $1b and ‘expect to file more’ The Dubai aircraft leasing company DAE (Dubai Aerospace Enterprise) took a $537.9 million write-off on aircraft operating in…
Rumored to Replace Garuda, Pelita Air Received 2 Airbus A320s From France
Pelita Air Service (PAS) has brought in two Airbus A320 aircraft to ensure that it is ready to grow its business and expand its services to the regular flight segment.…