Boeing has launched a significant stock offering that could raise approximately $19 billion, aiming to reinforce its financial position amid recent operational setbacks.
Delta Air Lines has filed a $500 million lawsuit against cybersecurity provider CrowdStrike, accusing the company of breach of contract and negligence after a major outage in July 2024 led to the cancellation of 7,000 flights and disrupted operations across millions of Delta’s computer systems.
Norwegian Air Shuttle is facing significant delays in the delivery of its anticipated Boeing aircraft, with the arrival of its first B737 MAX now postponed until 2025.
Fly Gangwon, a low-cost carrier based in Yangyang, Korea, has officially exited its judicial rehabilitation process after 16 months of financial restructuring.
LAM – Linhas Aéreas de Moçambique, the national airline of Mozambique, has been suspended from the International Air Transport Association (IATA) Clearing House (ICH), a key global billing and settlement service for airlines.
FlyEgypt, a privately-owned Egyptian airline, has ceased flight operations as it struggles with severe financial difficulties.
