Gol received U.S. court approval on Wednesday for a $1 billion loan after resolving the concerns of a group of lenders that feared the new loan would sideline them. Background on this case can be found here. We reported on…
The International Air Transport Association (IATA) released its 2023 Annual Safety Report for global aviation. Aviation continues to progress on safety, with several 2023 parameters showing “best-ever” results. There were no hull losses or fatal accidents involving passenger jet aircraft…
LATAM Airlines Group unveiled its impressive financial figures for the fourth quarter and the full year of 2023, showcasing a solid performance with net profits of $582 million. The good results were expected , though. The year closed with revenues…
The US Federal Aviation Administration’s long-awaited report on the safety culture at Boeing has been published. [Link ]. Congress tasked the independent review panel with looking at the FAA’s use of Organization Designation Authorizations (ODAs). The ODA system allows for…
This LCC started service on April 7, 2022, and 599 days later, the airline is closing. It had plans for 46 aircraft but only managed to build its fleet to nine MAX 8s. Lynx will cease operations on February 26…
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