Philippine Airlines pledges older aircraft to obtain loans
Philippine Airlines (PR, Manila Ninoy Aquino Int’l) has pledged 15 aircraft, replacement engines, and frequent flyer miles as collateral to… Read More »
US bankruptcy court greenlights PAL’s loan financing
Philippine Airlines (PR, Manila Ninoy Aquino Int’l) has announced it has won US court approval to access financing for its… Read More »
Lithuania pushes for EU ban on Belavia leases
The Government of Lithuania is lobbying in the European Union to ban bloc-based lessors from dealing with Belavia (B2, Minsk… Read More »
Colombia’s Avianca Airlines returns last A321neo
Avianca Airlines (AV, Bogotá) returned its last two A321-200Ns to lessor SMBC Aviation Capital having kept the aircraft in storage… Read More »
Chile’s SKY Airline takes delivery of first A321neo
SKY Airline (Chile) (H2, Santiago de Chile Int’l) has taken delivery of its first A321-200N, after Air Lease Corporation handed… Read More »
Listing of India’s GoAir on hold
Plans by GoAir (G8, Mumbai Int’l) to raise INR36 billion rupees (USD482.6 million) via an initial public offering (IPO) have… Read More »
Pakistan’s PIA to replace B777s with A320s
PIA – Pakistan International Airlines (PK, Islamabad Quaid-e-Azam Int’l) is planning to dry-lease four A320-200s by the end of 2021,… Read More »
EU to formally sanction Belavia, officials
The European Union is likely to ramp up pressure on Belarus by formally banning state-owned carrier Belavia (B2, Minsk National)… Read More »