T’way Air, a low-cost airline based in South Korea, has postponed its extraordinary general meeting (EGM) to 24 June 2025, thereby delaying the finalization of its proposed acquisition of Daemyung Sono’s management rights. The move follows a delay in the anticipated ruling from the Fair Trade Commission (FTC), which is currently reviewing the proposed corporate combination.
3TOP Aviation Services (UK) has successfully taken delivery of its fourth ex-TAROM Airbus A318, completing the acquisition of a multi-aircraft package. The aircraft, identified as serial 3225, will now proceed for dismantling as part of the company’s asset management strategy.
Air Master, an Egyptian cargo carrier, has commenced operations on a new route between Cairo International Airport (CAI) and Maastricht Aachen Airport (MST). The service is being operated with a Boeing 737-800BCF (Boeing Converted Freighter) and will run until the end of February 2025.
Singapore Airlines Returns A380 To Dubai Route In 2026 as the carrier confirms the reintroduction of its flagship widebody on the high-demand Singapore–Dubai corridor, significantly increasing seat capacity and enhancing its premium product offering. The move reflects a strategic response to persistent slot constraints at Dubai International Airport while reinforcing Singapore Airlines’ competitive positioning on one…
Fitch Ratings has upgraded United Airlines’ Issuer Default Rating (IDR) from ‘BB-‘ to ‘BB’, with a Positive outlook, signaling confidence in the airline’s continued financial recovery and operational strength. The rating upgrade reflects improved financial metrics, as United has successfully reduced debt levels, enhanced liquidity, and strengthened profitability. The airline’s ability to optimize its route network, manage costs efficiently, and sustain strong…
Mesa Air Group, a regional airline operator based in the United States, has released its financial results for the first quarter of fiscal year 2025, reporting a significant net loss of $114.6 million. The downturn was accompanied by a 13.1% decline in total operating revenues, which amounted to $103.2 million for the quarter.
