€2.5bn Russian Aircraft Dispute Heads to Court
In Dublin, a €2.5bn (£2.1bn) legal battle is underway between aircraft lessors and insurers (including Lloyd's, AIG, and Chubb) over 400 planes stranded in Russia after Western sanctions, with the trial expected to last months and potentially reach a multi-million euro legal cost.
€2.5bn Russian Aircraft Dispute Heads to Court
In Dublin, a €2.5bn (£2.1bn) legal battle is underway between aircraft lessors and insurers (including Lloyd's, AIG, and Chubb) over 400 planes stranded in Russia after Western sanctions, with the trial expected to last months and potentially reach a multi-million euro legal cost.
Progress
40% Bias Score
Lufthansa to Hire 10,000 Employees by 2025 Despite Recent Losses
Lufthansa Group announced plans to hire approximately 10,000 employees by 2025, including 2,000 flight attendants, 1,400 ground staff, 1,300 technical experts, 1,200 administrative staff, and 800 pilots, despite a recent €450 million loss from labor disputes and broader economic uncertainty in Germa...
Lufthansa to Hire 10,000 Employees by 2025 Despite Recent Losses
Lufthansa Group announced plans to hire approximately 10,000 employees by 2025, including 2,000 flight attendants, 1,400 ground staff, 1,300 technical experts, 1,200 administrative staff, and 800 pilots, despite a recent €450 million loss from labor disputes and broader economic uncertainty in Germa...
Progress
28% Bias Score
ASIC Sues Rex for Misleading Investors, Exposing Airline's Financial Crisis
Regional Express (Rex) faces legal action from ASIC for misleading investors about its profitability, reporting critically low cash reserves and substantial operating losses in early 2023, culminating in voluntary administration and a government bailout for regional routes.
ASIC Sues Rex for Misleading Investors, Exposing Airline's Financial Crisis
Regional Express (Rex) faces legal action from ASIC for misleading investors about its profitability, reporting critically low cash reserves and substantial operating losses in early 2023, culminating in voluntary administration and a government bailout for regional routes.
Progress
56% Bias Score
Air China Poised for Turnaround Amidst Chinese Travel Rebound
Analysts at DBS and Citigroup predict Air China, a Hong Kong-traded airline part of Star Alliance, will lead the recovery of Chinese airlines due to its strong global reach and the expected increase in post-pandemic travel demand; Air China's stock is currently trading significantly below its 2018 h...
Air China Poised for Turnaround Amidst Chinese Travel Rebound
Analysts at DBS and Citigroup predict Air China, a Hong Kong-traded airline part of Star Alliance, will lead the recovery of Chinese airlines due to its strong global reach and the expected increase in post-pandemic travel demand; Air China's stock is currently trading significantly below its 2018 h...
Progress
48% Bias Score
Köln Bonn Airport Passenger Numbers Exceed 10 Million in 2024
Köln Bonn Airport (CGN) served over 10 million passengers in 2024, a 3% increase from 2023 but significantly below the 12.4 million in 2019; cargo volume slightly decreased to 840,000 tons due to global economic issues.
Köln Bonn Airport Passenger Numbers Exceed 10 Million in 2024
Köln Bonn Airport (CGN) served over 10 million passengers in 2024, a 3% increase from 2023 but significantly below the 12.4 million in 2019; cargo volume slightly decreased to 840,000 tons due to global economic issues.
Progress
12% Bias Score
€200 Million Lilium Rescue Faces Delays, Timeline Uncertain
Mobile Uplift Corporation plans to invest over €200 million in Lilium, with the deal expected to close in Q1 2024, facing potential delays due to required approvals and risks to employee and supplier retention, impacting the Lilium Jet's development timeline.
€200 Million Lilium Rescue Faces Delays, Timeline Uncertain
Mobile Uplift Corporation plans to invest over €200 million in Lilium, with the deal expected to close in Q1 2024, facing potential delays due to required approvals and risks to employee and supplier retention, impacting the Lilium Jet's development timeline.
Progress
40% Bias Score
Airbus CEO warns of US tariff threat to European aerospace sector
Airbus CEO Guillaume Faury warns of potential negative impacts on the European aerospace sector from the incoming US administration's protectionist policies, including tariffs and import quotas, despite the company's 2024 sales increase of 4% to 766 aircraft. The US is a crucial market for Airbus, w...
Airbus CEO warns of US tariff threat to European aerospace sector
Airbus CEO Guillaume Faury warns of potential negative impacts on the European aerospace sector from the incoming US administration's protectionist policies, including tariffs and import quotas, despite the company's 2024 sales increase of 4% to 766 aircraft. The US is a crucial market for Airbus, w...
Progress
44% Bias Score
Knesset Eases Airline Compensation Rules, But Foreign Carriers Remain Hesitant
The Knesset approved an amendment to the Aviation Services Law easing airline compensation for canceled flights, aiming to attract back foreign carriers after a drop from 90 to 26 airlines due to the war, yet few have returned, with security concerns and airport limitations remaining key obstacles.
Knesset Eases Airline Compensation Rules, But Foreign Carriers Remain Hesitant
The Knesset approved an amendment to the Aviation Services Law easing airline compensation for canceled flights, aiming to attract back foreign carriers after a drop from 90 to 26 airlines due to the war, yet few have returned, with security concerns and airport limitations remaining key obstacles.
Progress
44% Bias Score
Schiphol's Noise Pollution Breach Highlights Regulatory Failure
Schiphol airport exceeded noise pollution limits over Uithoorn by 20% in 2023; the ILT did not impose sanctions due to a government policy pending new legislation, despite a court order to enforce existing rules, highlighting a failure to protect residents' rights.
Schiphol's Noise Pollution Breach Highlights Regulatory Failure
Schiphol airport exceeded noise pollution limits over Uithoorn by 20% in 2023; the ILT did not impose sanctions due to a government policy pending new legislation, despite a court order to enforce existing rules, highlighting a failure to protect residents' rights.
Progress
40% Bias Score
Lilium Receives €200 Million Lifeline
Insolvent German electric aircraft manufacturer Lilium will receive €200 million in funding from an investor consortium to reach market readiness, pending legal approvals; the purchase price of Lilium's assets remains undisclosed.
Lilium Receives €200 Million Lifeline
Insolvent German electric aircraft manufacturer Lilium will receive €200 million in funding from an investor consortium to reach market readiness, pending legal approvals; the purchase price of Lilium's assets remains undisclosed.
Progress
36% Bias Score
Global Tourism Rebounds; Aeromexico, Saudia, and Delta Top Punctuality Rankings
The UN confirms global tourism's 2024 return to pre-pandemic levels; Cirium ranks Aeromexico, Saudia, and Delta as the world's most punctual airlines, with Riyadh King Khalid International Airport achieving top airport honors.
Global Tourism Rebounds; Aeromexico, Saudia, and Delta Top Punctuality Rankings
The UN confirms global tourism's 2024 return to pre-pandemic levels; Cirium ranks Aeromexico, Saudia, and Delta as the world's most punctual airlines, with Riyadh King Khalid International Airport achieving top airport honors.
Progress
32% Bias Score
South Korea Jet Crash: 179 Dead After Runway Collision
A Jeju Air Boeing 737-800 crashed at South Korea's Jeju International Airport, killing 179 people after colliding with a concrete barrier 250 meters from the runway's end following a bird strike and aborted landing; authorities are investigating the barrier's role in the deadliest air accident in So...
South Korea Jet Crash: 179 Dead After Runway Collision
A Jeju Air Boeing 737-800 crashed at South Korea's Jeju International Airport, killing 179 people after colliding with a concrete barrier 250 meters from the runway's end following a bird strike and aborted landing; authorities are investigating the barrier's role in the deadliest air accident in So...
Progress
36% Bias Score