Airline News

Aircraft orders are an important part of the industry. Manufacturers, of course, want orders for their products. And airlines need the right orders in place at the right time. Ordering and delivering aircraft is not a fast business – so plans must be made ahead to meet demand and minimize risk. Obviously, factors such as […]

Scandinavian Airlines(SAS) has announced its entry into debtor-in-possession(DIP) financing for $700 million. The announcement comes after the airline voluntarily filed for chapter 11 bankruptcy in the US in July 2022. Apollo Global Management will manage the funds. The financing agreement will provide SAS with the necessary funds to meet the airline's obligations while undergoing bankruptcy.

Malaysia Airlines has launched its first direct flight between Kuala Lumpur and Tokyo Haneda as part of its new twice-weekly service. The airline held a pre-flight ceremony before the first flight took off today. Read More Here: Malaysia Airlines Inaugurates Flights To Tokyo Haneda | SimpleFlying.com via Flight Booking 247 Cheap Airline Tickets

Actual aircraft sale prices are a well-guarded subject, with neither airlines nor manufacturers disclosing the true value of an order. One thing is certain: hardly anyone actually pays the list price from the catalog. However, since the list price is what is publicly available, let's take a look at the official cost of Airbus aircraft.

Following positive reports for the first half of 2022, Turkish Airlines has announced 14 new global destinations it plans to serve in the coming years. The airline has seen a large amount of passenger volume and revenue growth since the pandemic. It plans to use this forward momentum to expand its international reach. Read More

Indian billionaire Rakesh Jhunjhunwala, who last year co-founded Akasa Air, has passed away aged 62. The stock market veteran died from a sudden cardiac arrest after a period of poor health. We take a closer look at the life of "India's Warren Buffett" below. Read More Here: Business Magnate & Akasa Air Co-Founder Rakesh Jhunjhunwala

Scandinavian Airlines-SAS has secured DIP financing to keep the airline going with this announcement: SAS AB has announced that it has entered into a debtor-in-possession (DIP) financing credit agreement for USD $700 million (the equivalent of approximately SEK 7.0 billion) with funds managed by Apollo Global Management (Apollo). DIP financing is a specialized type of

On Friday, India’s Directorate General of Civil Aviation (DGCA) issued new guidelines to airport operators on dealing with wildlife. This comes in the backdrop of a significant rise in wildlife-related aircraft incidents in the country. The regulator has asked operators to ensure that such incidents are curtailed humanely while following all relevant wildlife preservation laws.

Hello and welcome back to Simple Flying's 'Sunday Reads' weekly digest, with this being the 70th iteration. Let's end the week in style by taking a look back at some of the most notable aviation news stories from the past seven days. Read More Here: Sunday Reads: Our Most Notable Stories This Week | SimpleFlying.com

Now, in 2022, the Aeromexico fleet stands at over 100 aircraft – or 103 to be precise (at least at the time of this article's publication). While many full-service airlines around the world operate a mix of both Airbus and Boeing jets in their mainline fleets, Aeromexico seems to be one of the few non-budget