Founder of South Korea’s Eastar Jet, Lee Sang-jik is sentenced to six-year prison term by the Supreme Court of Korea for embezzlement of company funds and breach of trust and losses. He was arrested i...
Prior to the proposed merger, Air India and Vistara have announced an interline partnership. This partnership will allow customers to use the services of both airlines across the network effective Apr...
Looks like domestic airlines in India are making the most of Go First’ cancelled operations. In a parallel move SpiceJet is planning to revive 25 grounded Boeing 737 and Q400 aircraft and have managed...
India’s regional carrier flybig announced strategic investment collaboration with US-based Royal Bengal Holdings. The investment will focus on flybig's aviation business as the airline seeks to expand...
ZestIoT, an India-based IoT and AI powered aviation platform has secured $6.5 million in series A funding, led by IvyCap Ventures Pvt Ltd. The round also saw participation from Loyal VC, a global vent...
VietJet Air is planning to expand its fleet to 87 aircraft this year as a part of the airline’s annual expansion plan. The fleet expansion resolution was passed during the annual general meeting “The ...
Regent Airways, one of the eleven companies owned by Habib Group, a Bangladeshi industrial conglomerate, is on the verge of being liquidated over unpaid aircraft lease. The airline ceased commercial o...
Korean Air’s Q1 net profit fell 35% from 543.85 billion in Q1 of 2022 to 355.42 billion won. The airline released its financial statement for Q1 of 2023 (January – March 2023). The airline also repor...
Go First that filed for voluntary insolvency proceedings reportedly owes $798 million to financial creditors. In a recent filing the airline claimed that it had not defaulted on any of these dues till...
Jet Airways CEO-designate Sanjiv Kapoor resigned from his post earlier this week following a year of service with the airline, Jalan-Kalrock Consortium (JKC) confirmed in a social media post. Kapoor w...
Vietnam Airlines is all set to resume daily flights to London Heathrow Airport (LHR) starting October 29, 2023 citing growing passenger demand. The airline is planning to gradually increase its flight...
Cebu Pacific is all set to commence new route with direct flights connecting Singapore and Clark. Considering the increasing travel demand between Singapore and Philippines the airline commenced daily...
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