The Delhi High Court has summoned SpiceJet CEO and COO to court after failure to pay $6 million due to engine lessors Team France and Sunbird France. “The chief operating officer and chief executive o...
Wafra has closed its acquisition of engine lessor Aquila Air Capital from Warburg Pincus on December 16, 2024. The transaction was first announced in October this year after Wafra entered into a defin...
The European Commission issued an update to the EU Air Safety List, adding Air Tanzania to airlines banned from operating within the European Union. The commission said the basis for this decision was...
Pratt & Whitney has received certification from the US Federal Aviation Administration (FAA) for the company’s GTF engine that will power the A321XLR aircraft.The engine type certificate, granted on D...
The UK government is seeking public feedback on adopting a global carbon offsetting scheme to reduce the impact of flying on the climate, as part of a consultation launched on December 16, 2024.The pr...
The Federal Aviation Administration's (FAA) administrator Mike Whitaker will be stepping down from his role on January 20, 2025 - coinciding with President-elect Donald Trump's inauguration. Whitaker ...
The US Department of Transportation (DOT) has fined Ethiopian Airlines and Etihad for operating flights in regions where a Federal Aviation Administration (FAA) flight prohibition was in effect for US...
The Organisation of the Petroleum Exporting Countries (OPEC) has trimmed its guidance for oil demand growth in 2024 for the fifth time this year, it said in its final monthly oil market report (MOMR) ...
Avia Solutions Group has launched its first global services centre in Manila, the Philippines. The centre is expected to begin operations in January 2025, focussing primarily on supporting the technic...
GA Telesis opened its new Latin America & Caribbean headquarters in San Salvador, El Salvador. The new HQ is part of the company's focus on market and to help serve airline and MRO customers within th...
The Federal Aviation Administration (FAA) and European Union Aviation Safety Agency (EASA) signed a declaration of intent to continue to “foster and enrich” its partnership to support safe and secure ...
In a financial outlook for the global airline industry during 2025, IATA has forecast a “slight strengthening” of profitability, amid ongoing industry cost and supply chain challenges.Total industry r...
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