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.

The Best Airline & Airport On-Time Performance: The Global Leaders

By | 2024-05-04T14:58:37-04:00 May 4th, 2024|@AirGuide Business, Airline Business, Airlines, Airport Business, Airports|

Qatar Airways (QR) is this March’s global airline leader with an OTP of 87.36%, a 4-point increase over February’s performance. Pegasus Airlines (PC), a new name in the top-ranking list, has emerged as the runner-up in the global airline category with an OTP of 87.14%. Pegasus Airlines also showed the highest performance improvement among the [...]

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China’s C919 Clears Post-Flight Safety Trials, Intensifying Competition with Airbus and Boeing

By | 2024-05-03T11:40:55-04:00 May 2nd, 2024|@AirGuide Business, Aircraft Business, Aircraft Engines & Suppliers, Airline Business|

China's domestically developed narrowbody passenger aircraft, the C919, has successfully completed a series of rigorous post-flight safety assessments. This significant milestone is poised to bolster the C919's prospects in international markets, escalating competition with its counterpart, Boeing, amidst the American manufacturer's ongoing technical challenges. The completion of the "deep level" safety tests represents a pivotal [...]

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Prima Air Expands into Asia-Pacific with New Hong Kong Base

By | 2024-05-02T15:56:10-04:00 May 2nd, 2024|@AirGuide Business, Airline Business, Airport Business|

Prima Air, a prominent private charter company based in the United States, has launched a new base at the Hong Kong Business Aviation Centre (HKBAC) within the premises of Hong Kong International Airport. This strategic move marks Prima Air's foray into the Asia-Pacific region, aiming to cater to the growing demand for luxurious private jet [...]

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Flight from Dallas to Tokyo Delayed Due to Pilot’s Alleged Excessive Drinking

By | 2024-05-03T12:39:40-04:00 May 2nd, 2024|@AirGuide Business, Aircraft Services & MRO, Airline Business, Airlines, Safety|

A Japan Airlines flight bound from Dallas to Tokyo faced an unexpected delay when reports emerged that the pilot had consumed an excessive amount of alcohol before the scheduled departure. The incident, which occurred prior to takeoff, prompted the airline to ground the flight, highlighting concerns over the pilot's fitness to operate the aircraft. The [...]

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Pakistan International Airlines Advances Privatization Plans with Shareholder Approval for Asset Transfer

By | 2024-05-02T08:47:14-04:00 May 2nd, 2024|@AirGuide Business, Aircraft Business, Airline Business|

In a significant move towards privatization, shareholders of Pakistan International Airlines (PIA) have approved the transfer of non-core assets and liabilities to a newly formed holding company. This decision, ratified during an extraordinary general meeting in Karachi on April 20, aligns with PIA's strategy to streamline operations by segregating its core and non-core business segments. [...]

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South African Airways Seeks New Investment and Financing Options After Takatso Deal Falls Through

By | 2024-05-02T08:47:13-04:00 May 2nd, 2024|@AirGuide Business, Aircraft Business, Airline Business|

South African Airways (SAA) is actively pursuing minority investors and exploring various financing avenues to secure capital, following the collapse of its equity partnership with the Takatso consortium. Derek Hanekom, the interim chairman of the flag carrier, discussed these strategic moves in a recent interview with eNCA (eNews Channel Africa), highlighting the need to adjust [...]

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Dubai Aerospace Enterprise to Receive Half of Promised Boeing Planes This Year

By | 2024-05-03T12:39:40-04:00 May 1st, 2024|@AirGuide Business, Aircraft Business, Aircraft Engines & Suppliers, Airline Business|

Dubai Aerospace Enterprise (DAE) Capital is set to receive approximately half of the aircraft originally promised by Boeing for delivery this year, according to DAE's Chief Executive. This announcement marks a significant reduction in expected deliveries from the planemaker, impacting DAE's operations and fleet expansion plans for the year. Sources: AirGuide Business airguide.info, bing.com, reuters.com

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Man Fined $21K for Causing Disturbance on Flight from London to Newark

By | 2024-05-03T12:47:50-04:00 April 30th, 2024|@AirGuide Business, Airline Business, Airlines, Airport Business, Security|

A 30-year-old man has been fined $21,000 for exhibiting unruly behavior and engaging in loud arguments on a flight from London to Newark. Described as physically combative, the man's actions led to significant disruptions aboard the aircraft, prompting authorities to impose a hefty fine as a consequence of his conduct. United Flight 883 ended up having [...]

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Australia’s Bonza Airline Temporarily Suspends Services, Stranding Travelers

By | 2024-05-03T12:39:41-04:00 April 30th, 2024|@AirGuide Business, Aircraft Business, Airline Business, Airlines, Airport Business, Travel Business & GDS OTA|

Bonza, Australia's low-cost carrier that celebrated its first anniversary recently, has unexpectedly announced the temporary suspension of all its flights, leaving many travelers stranded. The airline has not disclosed specific reasons for the abrupt halt in operations, nor has it provided a definitive timeline for when services might resume. This sudden development has caused significant [...]

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Turkish Airlines in Negotiations with Airbus and Boeing for 235 Aircraft Expansion

By | 2024-04-30T09:22:55-04:00 April 30th, 2024|@AirGuide Business, Aircraft Business, Aircraft Engines & Suppliers, Airline Business|

Turkish Airlines is currently engaged in negotiations with both Airbus and Boeing to procure 235 aircraft as part of its expansion plans, as announced by Chairman Ahmet Bolat on Monday, April 29th. The airline is indeed in discussions for a substantial new aircraft order, encompassing models from both Airbus and Boeing, totaling 235 aircraft. This [...]

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Bonza Suspends Operations as AIP Capital Repossesses Fleet Amid Financial Struggles

By | 2024-05-02T08:47:04-04:00 April 30th, 2024|@AirGuide Business, Aircraft Business, Airline Business, Airport Business|

Bonza, an Australian airline based on the Sunshine Coast, has abruptly halted all operations after its fleet was repossessed by aircraft asset manager AIP Capital. The airline's CEO, Tim Jordan, announced the suspension of flights scheduled for April 30, citing ongoing discussions about the viability of the business. This development follows a period of speculation [...]

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Kenya Airways Halts Flights to DRC Following Arrest of Employees by Congolese Military

By | 2024-05-02T20:59:29-04:00 April 30th, 2024|@AirGuide Business, Airline Business, Government & Regulatory, Security, Travel Business & GDS OTA|

Kenya Airways has suspended its flights to Kinshasa N'Djili, Democratic Republic of Congo, effective April 30, in response to the alleged illegal detention of two of its staff members by the Congolese military. The suspension comes amidst escalating tensions between Kenya and the DRC, with accusations of harassment targeting the airline's operations. According to Allan [...]

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