Emirates Launches Airbus A350 Service to Canadian City
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Southwest Airlines Avoids Penalty from 2022 Holiday Travel Disruptions
The U.S. Department of Transportation (DoT) has decided to revoke the…
Blackstone Rejoins Trans Maldivian Airways as Investor
Blackstone is set to acquire a controlling stake in Trans Maldivian Airways (TMA) for $500 million, re-entering the lucrative Maldivian tourism market eight years after selling its previous stake. TMA, the world’s largest seaplane operator, faced challenges under Bain Capital, including a loan default that led to debt restructuring and new ownership. With tourism rebounding in the Maldives, Blackstone’s investment is expected to foster growth for TMA, which operates a fleet of seaplanes ferrying tourists between Male International Airport and the islands. This strategic move highlights Blackstone’s commitment to the aviation sector amidst a recovering travel landscape.
Saudia Group Launches BLDV Runway with Retired Boeing 777s
Saudia Group has launched “BLVD Runway,” a new event space in Riyadh, featuring three retired Boeing 777 aircraft repurposed for shopping, dining, and interactive experiences. Spanning 140,000 square meters, the venue includes 13 retail stores, 13 interactive experiences, and 5 restaurants, all themed like an airport runway. Officially inaugurated on December 18, 2024, this venue will enhance Riyadh Season 2024, remaining open for two months. Saudia Technic oversaw the intricate transformation process of the aircraft, which is designed to offer visitors a memorable blend of entertainment and engagement, making it a highlight of the season.
Volotea Shuts Athens Base, Expands Aegean Codeshare
Volotea, the Spanish budget airline, will close its Athens base at Athens International Airport by summer 2025, concluding six years of operations there. Despite the base closure, flights will continue via routes from other cities within its network. Volotea has expanded its offerings from Athens, now providing direct flights to 16 European destinations. Although its Greek operations represent only 0.7% of its 2024 capacity, the airline plans to increase its seat availability. Volotea maintains a partnership with Aegean Airlines, enhancing connectivity. The airline operates 20 bases across Europe and remains focused on growth and strategic collaborations.
Nikhil Ravishankar Takes the Helm as Air New Zealand’s New CEO
Air New Zealand has officially announced the appointment of Nikhil Ravishankar…
British Airways A350 from Mumbai to London Diverts for Emergency in Qatar
LONDON- A British Airways (BA) flight from Mumbai (BOM) to London…