Cayman Islands Seeks US$183 Million Loan Facility for Cayman Airways Expansion
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Kuwait Airways has expanded its widebody fleet with the addition of one Airbus A330-900, serial number 2083, powered by Rolls-Royce Trent 7000-72 engines. This delivery is part of the airline’s ongoing modernization program, which focuses on enhancing long-haul capabilities and offering passengers greater comfort and efficiency.
Edelweiss Air, Switzerland’s leading leisure airline, has announced the appointment of Jens Fehlinger as the new Chairman of the Board of Directors. Fehlinger steps into the role, succeeding Dieter Vranckx, who previously led the board with a focus on growth and strengthening Edelweiss’s market position. Fehlinger’s appointment signals Edelweiss Air’s commitment to continuity in leadership while bringing fresh perspectives…
Hawaiian Airlines (US) and Virgin Australia have announced that they will terminate their reciprocal frequent flyer cooperation on July 1, 2025. This change means that members of HawaiianMiles and Velocity Frequent Flyer will no longer be able to earn or redeem miles across both airline networks after this date.
Asman Airlines, a subsidiary of Airports of Kyrgyzstan, has secured $55 million in financing to expand its fleet with its first narrowbody aircraft. The deal, backed by the Eurasian Development Bank, the Russian-Kyrgyz Development Fund, and state-owned OJSC Eldik Bank, will allow the carrier to add either Airbus A320/A321 or Boeing 737NG models to its fleet. The financing agreement is expected to close in September 2025, following…
Spirit AeroSystems Holdings, one of the world’s largest independent manufacturers of aircraft structures, has reported a challenging first quarter for 2025, marked by a 11% drop in revenue to $1.5 billion and a substantial net loss of $613 million.
Aeroitalia Regiona, a regional airline based in Romania, has officially been declared insolvent by the Bucharest Court. This development marks a significant financial setback for the carrier, which has faced increasing challenges in maintaining its operations.