Norse Atlantic has successfully raised NOK 300 million ($30 million) through a conditional private placement of 120 million new shares. Proceeds of the placement will be used as a cash buffer for the airline’s subsidiary Norse Atlantic UK. Norse secures financial...
UPDATE – Over the weekend and including today, KLM has been forced that cancel almost 100 flights at its Amsterdam Schiphol hub following persistent staff shortages at airport security. The airline says it is “very disenchanted” by the short notice it was given...
India’s newest no-frills carrier, Akasa Air, which signed up for 72 Boeing 737 MAX at the Dubai Airshow last year and intends to launch operations shortly, today cleared a very important milestone towards the launch of their operations. The Indian aviation...
Hydrogen operations are the target of a Memorandum of Understanding (MoU) between Wizz Air and Airbus to examine the feasibility of hydrogen-powered aircraft operations. The objective is to identify infrastructural and operational requirements and the challenges...
Jet Airways’ restart, after three years of the grounding of the airline, has completed a crucial milestone towards restart. The carrier has been granted its Airline Operator Certificate (AOC ) on May 20, having satisfied the request of the Indian regulatory agency...
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