Airlines News

Air Data NewsRicardo Meier

Korean Air firms record 103-aircraft Boeing order worth $36.2 billion

Korean Air has converted a preliminary agreement announced in August 2025 into a firm order for 103 Boeing aircraft, spanning the 737 MAX and 777X families. The deal is the South Korean carrier’s largest aircraft order and supports its fleet renewal and growth strategy.

2026-09-16T03:36:30.248300-07:00

Airlines

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airBaltic wins approval for €140 million DIP financing to continue operations under Chapter 11

A U.S. bankruptcy court approved airBaltic’s first-day motions and access to an initial €140 million in debtor-in-possession financing, allowing the Latvian carrier to maintain normal operations during its voluntary Chapter 11 restructuring after disclosing it had approached a critical liquidity shortfall.

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