AirGuide Business is an aviation and travel business website that features news and syndicated feeds covering global aviation, aircraft, airlines, airports, air cargo, car rental, cruise, hotel, and travel businesses, as well as related technology and innovation. Its feature articles and special reports provide market intelligence and analysis for industry professionals. Stay informed about the latest news and events relevant to your field of interest.

LATAM Abandons Plan to Acquire GOL’s Boeing 737 Aircraft Leases

By | 2024-05-09T17:32:02-04:00 May 6th, 2024|@AirGuide Business, Aircraft Business, Airline Business|

LATAM Airlines Group has officially dropped its plans to take over Boeing 737 aircraft leases from GOL Linhas Aéreas Inteligentes, citing a "lack of meaningful engagement" from the Brazilian airline in commercial negotiations. This decision was detailed in a recent filing with the United States Bankruptcy Court for the Southern District of New York, reflecting [...]

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American Airlines Reduces 2024 Aircraft Delivery Forecast by 24%

By | 2024-05-09T17:13:15-04:00 May 6th, 2024|@AirGuide Business, Aircraft Business, Airline Business|

American Airlines has revised its aircraft delivery expectations for 2024, announcing a reduction in its forecast by 24%. Initially projected to receive 29 new mainline aircraft this year, the airline now anticipates only 22 deliveries. This update was shared by Devon E May, the Chief Financial Officer of American Airlines, during a first-quarter investor call. [...]

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Flair Airlines Announces Reduction in Stake by 777 Partners Amid Strategic Changes

By | 2024-05-09T17:13:16-04:00 May 6th, 2024|@AirGuide Business, Aircraft Business, Airline Business|

Flair Airlines, based in Kelowna, has revealed that 777 Partners, a key investor since 2018, has significantly reduced its stake in the airline. The exact size of the stake reduction was not disclosed, but according to Canada's Globe and Mail, the private investment firm's share has decreased from about 25% to under 10%. This shift [...]

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NetJets Expands Fleet with Major Order of Bombardier Challenger 3500s

By | 2024-05-09T17:32:17-04:00 May 6th, 2024|@AirGuide Business, Aircraft Business, Business & Private Aviation|

Bombardier Aerospace has officially disclosed that NetJets Aviation, based in Columbus, Ohio, is the client behind a substantial order placed in December 2023. The order consists of twelve Challenger 3500 aircraft, with an option for an additional 232 units. This deal not only highlights the strong partnership between Bombardier and NetJets but also emphasizes the [...]

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National Airlines Expands Fleet, Eyes Boeing 747s Amid Limited Availability

By | 2024-05-09T17:13:16-04:00 May 6th, 2024|@AirGuide Business, Air Cargo, Aircraft Business, Airline Business|

National Airlines, based in Orlando Sanford, is actively seeking to expand its fleet with additional Boeing 747-400 freighters, known for their unique nose-loading capability. Nihal Wickrema, VP of Strategy and Revenue Optimization at National Airlines, expressed the airline's intent to procure more factory-built freighters in the near future. However, the scarcity of these aircraft has [...]

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Qantas Agrees to $100 Million Penalty and Remediation Payments in Settlement with ACCC

By | 2024-05-09T17:32:31-04:00 May 6th, 2024|@AirGuide Business, Airline Business, Government & Regulatory|

Qantas has reached a settlement with the Australian Competition and Consumer Commission (ACCC), agreeing to pay a AUD 100 million (USD 66 million) penalty and offer remediation to around 86,000 customers. This resolution comes in response to charges that the airline sold tickets on flights that were either already cancelled or were about to be [...]

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Bonza’s Financial Troubles Deepen as Insolvency Proceedings Begin in Australia

By | 2024-05-09T17:13:17-04:00 May 6th, 2024|@AirGuide Business, Aircraft Business, Airline Business, Government & Regulatory|

Bonza, an Australian low-cost carrier based at Sunshine Coast, is facing intensified scrutiny and legal challenges following its collapse on April 30. The airline's administrators, Hall Chadwick, have scheduled the first creditors' meeting for May 10 in Sydney, where the precise number of creditors and their claims will begin to be addressed. This meeting will [...]

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Wynn Unveils Spectacular New Beachfront Resort in UAE: Wynn Al Marjan Island

By | 2024-05-08T12:47:31-04:00 May 6th, 2024|@AirGuide Destinations, Hotel Business, Hotels & Resorts, Travel Business & GDS OTA|

Wynn Resorts has recently shared exciting details and visuals of its inaugural beachfront resort, Wynn Al Marjan Island, located in Ras Al Khaimah, United Arab Emirates. This marks Wynn's first venture into beachfront luxury and is poised to become the first integrated gaming resort in the Middle East and North Africa (MENA) region. Set on [...]

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Dream Job Alert: Become Sandals Resorts’ Caribbean Cocktail Critic

By | 2024-05-08T12:47:31-04:00 May 6th, 2024|@AirGuide Business, Hotel Business, Travel Business & GDS OTA|

Sandals Resorts, the leader in all-inclusive Caribbean vacations, is offering a dream job opportunity at their newest Jamaican retreat, Sandals Dunn’s River. They are searching for an enthusiastic Caribbean Cocktail Critic to help perfect their new Poolside Sippers menu. This unique position offers the chance to work alongside expert mixologists, testing and enhancing a range [...]

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Qatar Airways Launches New Credit Cards in the US with Elite Status and Added Perks

By | 2024-05-08T09:16:23-04:00 May 6th, 2024|@AirGuide Destinations, Airline Business, Airlines, Frequent Flyer Airline|

Qatar Airways has introduced a new line of credit cards targeting U.S. travelers, offering a suite of benefits that include automatic elite status for one year. These cards come loaded with attractive perks such as increased baggage allowances, lounge access, and a fast track to elite status, enhancing the travel experience for cardholders. This innovative [...]

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China and Airbus Enhance Aviation Ties with New Memorandum of Understanding

By | 2024-05-08T09:25:14-04:00 May 6th, 2024|@AirGuide Business, Aircraft Business, Aircraft Engines & Suppliers, Aircraft Services & MRO, Government & Regulatory|

China has taken a significant step towards strengthening its aviation industry ties with Europe through a new Memorandum of Understanding (MOU) with Airbus, as reported by Xinhua, the state media agency. This strategic agreement, signed by China’s state planner, aims to deepen cooperation in various aspects of the aviation sector. The MOU between China and [...]

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Virgin Galactic Advances with Ground Testing of Delta Class Spaceships

By | 2024-05-08T09:27:02-04:00 May 6th, 2024|@AirGuide Business, Space & Satellite Business|

Virgin Galactic has announced the commencement of ground testing for the subsystems of its upcoming Delta Class spaceships at a newly established test facility. These spaceships are slated for commercial launch in 2026, marking a significant step forward in the company's plans for space tourism. Located at Virgin Galactic's base, this ground-based test facility will [...]

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