April 4, 2024 11:30 am ET
April 3, 2024 7:23 pm ET -
Bankrupt Charter Airline iAero to Cease Operations
iAero Airways, the largest passenger charter and cargo carrier in the U.S., will cease operations on Saturday after an unsuccessful effort to restructure the company under bankruptcy protection, President Timothy Rainey informed employees. Headquartered in Greensboro, N.C., iAero operates several…
April 3, 2024 7:05 pm ET -
Government Extends Support to Cabo Verde Airlines Amid Financial Resurgence
The government of Cabo Verde has given the green light to the General Treasury Directorate to extend a state guarantee to Transportes Aéreos de Cabo Verde, S.A. (TACV) for a loan worth 250 million escudos (equivalent to $2.4 million USD)…
April 2, 2024 11:00 am ET -
United Offers Pilots Unpaid Leave Due To Boeing Delivery Delays
United Airlines is offering its pilots an unpaid leave program in May, citing delayed deliveries of Boeing aircraft. The news comes a month after it was reported that the airline would pause new hiring for May and June. United’s Unpaid…
April 2, 2024 8:00 am ET -
JetSetGo’s Billion-Dollar Ambition: Reshaping India’s Private Jet Landscape
Indian charter flight operator JetSetGo has made headlines regarding its expansion plans. The private jet operator intends to raise USD 900 million as well as plan for an IPO by 2027-28. This is not all; the operator is also planning…
April 2, 2024 5:45 am ET -
ALPA, Industry Say Pilot Supply Is Stable
A new release from the Air Line Pilots Association (ALPA) notes that the U.S. pilot supply is stable with more than 11,000 pilots certified in the past 12 months. ALPA highlighted recently released FAA pilot-production data, indicating that the U.S.…