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Aurigny Air Services Scrambles for Additional ACMI Capacity Following Aircraft Incident

By | 2024-05-02T08:47:07-04:00 April 29th, 2024|@AirGuide Business, Aircraft Business, Airline Business, Safety|

Aurigny Air Services, based in Guernsey, is actively seeking additional aircraft capacity on an ACMI (Aircraft, Crew, Maintenance, and Insurance) basis after a DHC-8-Q400 it wet-leased from Luxwing experienced a runway excursion at Guernsey airport on April 23. The incident has led to the grounding of the aircraft, 9H-LWB (msn 4332), pending an investigation, resulting [...]

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Spirit AeroSystems and Airbus Set to Discuss Takeover of Manufacturing Assets in Upcoming New York Meeting

By | 2024-05-03T12:39:42-04:00 April 29th, 2024|@AirGuide Business, Aircraft Business, Aircraft Engines & Suppliers, Aircraft Services & MRO|

Spirit AeroSystems Holdings and Airbus are reportedly gearing up for high-level talks regarding the potential takeover of crucial airplane manufacturing assets. According to Bloomberg News, senior executives from both companies will convene in New York soon to discuss the details of this significant acquisition, highlighting the strategic moves within the aerospace industry. This meeting signifies [...]

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Boeing Seeks Additional Debt Amid Cash Burn and Credit Downgrade Challenges

By | 2024-05-03T12:39:42-04:00 April 29th, 2024|@AirGuide Business, Aircraft Business, Aircraft Engines & Suppliers|

Boeing has tapped into public credit markets to raise $10 billion as it continues to navigate significant financial and operational hurdles. This fundraising effort comes at a crucial juncture for the aerospace giant, which is still grappling with the fallout from its 737 Max 9 door plug incident in January, alongside efforts to ramp up [...]

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Bermuda’s Freedom II Expands Charter Services with Two E170 Aircraft

By | 2024-05-02T08:47:07-04:00 April 29th, 2024|@AirGuide Business, Aircraft Business, Airline Business|

Freedom II, a Bermuda-based airline, has enhanced its charter offerings by engaging ACC Aviation to market two Embraer E170 aircraft, augmenting an existing agreement that includes the airline's B757-200. These aircraft, VP-BEB (msn 17000146) and VP-BEC (msn 17000112), were acquired in 2022 primarily to serve the travel needs of Richard M. Schulze, founder of Best [...]

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Air China Boosts Fleet with Order for 100 Extended Range COMAC C919 Aircraft

By | 2024-05-02T08:55:16-04:00 April 28th, 2024|@AirGuide Business, Aircraft Business, Airline Business|

Air China (CA, Beijing Capital) has confirmed a substantial order for 100 extended range C919 aircraft from Chinese manufacturer COMAC, marking a significant expansion and modernization of its fleet. The order was officially signed on April 26, 2024, with approval from the airline's board of directors following the next day. The airline plans to initiate [...]

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Jeju Air Exits Bidding for Asiana Airlines’ Cargo Division as Sale Process Narrows

By | 2024-05-02T08:55:16-04:00 April 28th, 2024|@AirGuide Business, Air Cargo, Aircraft Business, Airline Business|

Jeju Air has officially withdrawn from the competition to acquire the cargo business of Asiana Airlines, leaving Eastar Jet, Air Incheon, and Air Premia as the remaining contenders. This development was confirmed through a Korean Stock Exchange filing by Jeju Air on April 25, after the airline chose not to participate in the second round [...]

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Asia Atlantic Airlines Transforms into AirThailand, Plans August Launch with A330 Fleet

By | 2024-05-02T08:55:15-04:00 April 28th, 2024|@AirGuide Business, Aircraft Business, Airline Business|

Asia Atlantic Airlines, now rebranded as AirThailand, is gearing up to commence operations in August 2024, focusing on connecting Bangkok Suvarnabhumi with major Asian cities. After a period of inactivity since mid-2018, the airline is making a significant comeback with plans to deploy Airbus A330-200 or A330-300 aircraft. Previously operating under the wing of its [...]

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American Airlines Routes Adapt as Boeing 787 Deliveries Stall

By | 2024-05-02T10:05:56-04:00 April 27th, 2024|@AirGuide Business, Aircraft Business, Airline Business|

American Airlines has announced plans to modify specific routes from the latter half of 2024 through the initial quarter of 2025 due to continued delays in Boeing 787 deliveries, the carrier revealed on Friday. The adjustments come as a response to ongoing challenges in receiving Boeing 787 aircraft, impacting the airline's operational planning and route [...]

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Airbus Set to Increase A350 Production to 12 Units Monthly

By | 2024-05-02T10:05:57-04:00 April 26th, 2024|@AirGuide Business, Aircraft Business, Aircraft Engines & Suppliers, Airline Business|

Toulouse-based Airbus is set to boost production of its A350 aircraft to 12 units per month by 2028, a move driven solely by surging consumer demand and not by the challenges faced by its U.S. competitor Boeing, according to Airbus Chief Financial Officer Thomas Toepfer. Speaking to CNBC's Charlotte Reed, Toepfer emphasized that Airbus's decision [...]

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Korean Air Considers Adding Boeing 777X to Its Fleet Amid Expansion Plans

By | 2024-05-02T08:57:00-04:00 April 26th, 2024|@AirGuide Business, Aircraft Business, Airline Business|

Korean Air is reportedly in discussions to acquire at least ten Boeing 777X aircraft, according to sources cited by Reuters. This potential order comes shortly after the airline's significant purchase of twenty-seven Airbus A350-1000s and six A350-900s earlier in the month, underscoring Korean Air's ambitious fleet expansion strategy. In a recent interview with CNBC, Korean [...]

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Malaysia’s Civil Aviation Authority Revokes MYAirline’s Operating Certificate

By | 2024-05-02T08:55:17-04:00 April 26th, 2024|@AirGuide Business, Aircraft Business, Airline Business, Government & Regulatory, Safety|

MYAirline (MYM, Kuala Lumpur Subang), an insolvent low-cost carrier in Malaysia, has officially lost its Air Operator's Certificate (AOC) as the Civil Aviation Authority of Malaysia (CAAM) has revoked it due to the airline's financial issues. The decision came into effect on April 15, as reported by The Edge Malaysia, just a day after the [...]

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Boeing Faces Delays in Boeing 787 and 737 Deliveries Amid Supplier Shortages and Quality Issues

By | 2024-05-02T08:55:17-04:00 April 26th, 2024|@AirGuide Business, Aircraft Business, Aircraft Engines & Suppliers|

Boeing is experiencing a slowdown in the production and delivery of its Boeing 787 Dreamliners and Boeing 737 MAX aircraft, attributed to ongoing supplier shortages and quality control challenges. Scott Stocker, vice president and general manager of the Boeing 787 program and Boeing South Carolina site leader, communicated to staff the impact of these shortages [...]

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