US-based start-up carrier Avelo Airlines has raised an additional $42 million in Series B funding, increasing its total capital base to over $160 million. …
Production of the first generation of the Airbus A320, named “ceo” for “current engine option”, has officially ended. The last “ceo” aircraft was delivered…
Philippine Airlines (PAL) has exited Chapter 11 proceedings after less than four months following a deal to cut its debt by over $2 billion. The flag carrier’s financial recovery plan was approved by the…