Chinese Airlines at Odds with Nepal Over VAT Dispute
A growing dispute is brewing between Chinese airlines and the Nepalese government as four major carriers refuse to pay the...
Finance
Northvolt Files for Bankruptcy Amid Europe’s EV Challenges
Northvolt, a prominent Swedish electric vehicle (EV) battery maker, has filed for Chapter 11 bankruptcy protection in the United States,...
Qatar Airways Buys 25% of Virgin Australia, Challenging Qantas
In a move that could shake up Australia's aviation landscape, Qatar Airways has acquired a 25% stake in Virgin Australia,...
Sweden to Scrap Aviation Tax in 2025: IATA Applauds Decision
The International Air Transport Association (IATA) has applauded the Swedish government's decision to abolish the aviation tax starting from July...
Aer Lingus Faces €55M Bill from Pilots’ Industrial Action
Aer Lingus is confronting a substantial financial burden of at least €55 million following the conclusion of a pilots' pay...
IAG Shares Soar After Dropping Air Europa Takeover
Shares of International Airlines Group (IAG), the parent company of British Airways, soared on Friday after the company announced it...
SpiceJet Soars: Q4 Profit Up Sixfold, Shares Jump 7%
SpiceJet’s stock price surged over 7% following the announcement of a sixfold increase in net profit for the fourth quarter...
Cirrus Aircraft Debuts on Hong Kong Stock Exchange Amid Geopolitical Concerns
The company's shares opened at HK$27.50 but dipped to HK$26.05 before rebounding to close at HK$27.50, aligning with its IPO...
Ethiopian Airlines Seeks $211,000 Compensation from Nigeria for Failed Airline Venture
Ethiopian Airlines CEO Mesfin Tasew has disclosed that Nigeria’s Ministry of Aviation owes the airline $211,000 for breaching contract terms...
Joseph Azzopardi Appointed New CFO of KM Malta Airlines
KM Malta Airlines has announced the appointment of Joseph Azzopardi as its new Chief Financial Officer (CFO). Azzopardi will be...
