AirGuide Business – Airline Business & Finance covers global airline, alliances, routes, traffic, fleets, finance, technology, and related supplier news, feature articles, special reports, market intelligence and analysis for industry professionals.

Airbus Set to Increase A350 Production to 12 Units Monthly

By | 2024-04-26T17:18:25-04:00 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 [...]

Airbus in Talks with China Over Potential Aircraft Order Ahead of Xi Jinping’s France Visit

By | 2024-04-25T13:41:44-04:00 April 25th, 2024|@AirGuide Business, Aircraft Business, Airline Business, Government & Regulatory|

Shanghai, China – September 28, 2019: A320 China Eastern Airlines Airbus A321 airplane at Shanghai Hongqiao Airport (SHA) in China. Airbus is a European aircraft manufacturer based in Toulouse, France. Airbus is reportedly in discussions with China regarding a potentially significant aircraft order ahead of an upcoming visit to France by Chinese President Xi Jinping, [...]

Jet Linx Aviation Expands with New Base in Salt Lake City to Enhance Services in Mountain West

By | 2024-04-25T16:40:02-04:00 April 24th, 2024|@AirGuide Business, Airline Business, Airport Business|

Jet Linx Aviation, a prominent business aviation operator based in Omaha, has opened its newest facility in Salt Lake City, marking the company's 22nd base in the United States. This strategic expansion aims to bolster Jet Linx's presence in the Mountain West region and offer tailored, local services to its Utah clientele. The announcement, made [...]

Nigeria Suspends Dana Air Operations Following Safety Incident and Financial Concerns

By | 2024-04-25T16:40:02-04:00 April 24th, 2024|@AirGuide Business, Aircraft Business, Airline Business, Government & Regulatory, Safety|

Nigeria's aviation authority has grounded Dana Air after a recent incident involving a runway excursion at Lagos Airport, prompting concerns over the airline's safety practices and financial stability. The directive, issued by Aviation Minister Festus Keyamo, mandates an immediate suspension of the airline's operations to allow for a comprehensive audit. The Nigerian Civil Aviation Authority [...]

Morobe Province in Papua New Guinea Launches Own Airline, Morobe Wings, to Serve Remote Areas

By | 2024-04-25T16:40:03-04:00 April 24th, 2024|@AirGuide Business, Aircraft Business, Airline Business, Airport Business, Government & Regulatory|

The government of Morobe Province in Papua New Guinea has announced the creation of a new airline, Morobe Wings (Lae Nadzab), aimed at enhancing air transport services for the region's remote communities. The provincial government plans to purchase a DHC-6 aircraft for PGK6 million (USD1.6 million) to facilitate this initiative. Governor Luther Wenge, speaking to [...]

AirAsia Cambodia Launches with First Aircraft, Sets Sights on Expanding Domestic and International Services

By | 2024-04-25T16:40:03-04:00 April 23rd, 2024|@AirGuide Business, Aircraft Business, Airline Business|

AirAsia Cambodia has officially introduced its first aircraft, an A320-200 with registration XU-819, as it prepares to commence revenue operations in May 2024. The aircraft arrived in Phnom Penh on April 20 from Jakarta Soekarno-Hatta and is one of two planes the airline plans to station at the airport during its initial launch phase. The [...]

Six Companies, Including AirAsia Affiliate, Advance in Bidding for SriLankan Airlines

By | 2024-04-25T16:40:04-04:00 April 23rd, 2024|@AirGuide Business, Aircraft Business, Airline Business, Government & Regulatory|

Six firms have progressed to the next stage in the process to acquire a majority stake in SriLankan Airlines, as confirmed by Sri Lanka's State Owned Enterprises Restructuring Unit (SRU), an arm of the Ministry of Finance. Among the entities moving forward is a company closely linked to AirAsia (AK, Kuala Lumpur International), highlighting the [...]

Royal Air Maroc Initiates Major Aircraft Purchase Tender Ahead of 2030 World Cup

By | 2024-04-25T16:40:04-04:00 April 23rd, 2024|@AirGuide Business, Aircraft Business, Airline Business|

Royal Air Maroc (RAM) has officially launched a significant tender to expand its aircraft fleet, a move aligned with the airline’s ambitious growth plans leading up to the 2030 FIFA World Cup. Abdelhamid Addou, CEO of the Moroccan national carrier, confirmed the launch of this long-anticipated tender on April 15, although details have not been [...]

The New Boeing CEO Must Be an Airplane Geek, Not Just a Bean Counter

By | 2024-04-23T17:12:40-04:00 April 23rd, 2024|@AirGuide Business, Aircraft Business, Aircraft Engines & Suppliers, Airline Business|

As Boeing prepares for a leadership change later this year, the incoming CEO faces an immense challenge: orchestrating a profound cultural shift within the company's vast workforce of over 170,000 employees, a significant portion of whom are engineers. The realm of modern air transportation stands as a testament to human ingenuity, where complex aircraft take [...]

Russia’s GPS Jamming Affects Over 46,000 Flights Across Europe Since Ukraine Invasion

By | 2024-04-25T16:40:05-04:00 April 22nd, 2024|@AirGuide Business, Aircraft Business, Airline Business, Safety|

Since the onset of Russia's invasion of Ukraine in 2022, widespread GPS interference has impacted aviation across European skies, affecting over 46,000 flights traveling over the Baltic region since last August. This disruption extends from the Baltic Sea in the north to the Black Sea in the south, creating significant navigational challenges for thousands of [...]

Air India Finalizes Sale of Four Boeing 747-400 Aircraft to AerSale

By | 2024-04-25T16:40:05-04:00 April 22nd, 2024|@AirGuide Business, Air Cargo, Aircraft Business, Airline Business|

Air India has successfully sold four Boeing 747-400 aircraft to the United States-based aftermarket aircraft broker, AerSale, as reported by The Economic Times. This sale concludes an extensive marketing effort by the flag carrier, which ceased operating these aircraft for revenue flights back in 2021. The sale was managed by the UK-based remarketing firm Skytech-AIC. [...]

SpiceJet Confronts Insolvency Claims by DAE Capital’s SPVs in India

By | 2024-04-25T16:40:05-04:00 April 22nd, 2024|@AirGuide Business, Aircraft Business, Airline Business, Government & Regulatory|

SpiceJet is currently embroiled in a legal battle for insolvency, initiated by three special purpose vehicles (SPVs) owned by DAE Capital, at India's National Company Law Tribunal (NCLT). The proceedings began last month when AWAS 36698 Ireland Limited, AWAS 36695 Ireland Limited, and AWAS 36694 Ireland Limited, filed insolvency petitions against the airline. The insolvency [...]

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