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Air New Zealand asks Beta to study larger electric aircraft after ALIA CX300 proves too small

Air New Zealand says Beta Technologies’ ALIA CX300 demonstrator is too small to be cost-effective and has asked the company to examine a larger battery-electric aircraft. The assessment could reshape the airline’s approach to electric regional operations and the aircraft requirements for commercial viability.

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Southwest enters into $2 billion credit agreement for working capital and potential acquisitions

Southwest Airlines has entered into a $2 billion credit agreement, with proceeds earmarked for working capital and general corporate purposes, including acquisitions. The financing gives the carrier additional liquidity and strategic flexibility as it evaluates corporate priorities and potential growth opportunities.

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Bloomberg Law

High activity

Google wins $10 million auction for Spirit Airlines’ deidentified business data

Google will acquire Spirit Airlines’ deidentified internal data after winning a bankruptcy auction with a $10 million bid. The cache includes emails, Teams messages, code repositories, operating and pricing records, maintenance history, and disruption data—providing detailed examples of real-world airline decisions and failures for AI development.

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