Allegiant’s Fla. resort back on with $350M loan
The investment firm Castlelake has advanced a $350 million loan to the parent company of Allegiant Air to resume development… Read More »
Italy’s ITA selects Airbus for comprehensive fleet renewal
ITA – Italia Trasporto Aereo (AZ, Milan Linate) has signed a Memorandum of Understanding (MoU) for twenty-eight Airbus aircraft, including… Read More »
SAA restarts without funding from private investor
The Takatso Consortium, the announced preferred strategic equity partner of South African Airways (SA, Johannesburg O.R. Tambo), has made it… Read More »
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 »
South African Airways needs new long-haul fleet – CEO
South African Airways (SA, Johannesburg O.R. Tambo) will need to operate a more modern wide-body fleet on intercontinental routes and… Read More »
Defunct Air Namibia owes N$3.5bn to creditors
The liquidators of Air Namibia (SW, Windhoek Int’l) say the defunct state-owned airline’s liabilities total NAD3.5 billion Namibian dollars (USD247.3… Read More »
Australia’s Rex defers B737-800 deliveries due to lockdowns
Rex – Regional Express (ZL, Wagga Wagga) is no longer planning to add a further four B737-800s in 2021 but… Read More »
Namibia pays $109mn for early termination of A330 leases
Namibia has disclosed it paid NAD1.6 billion Namibian dollars (USD109.5 million) to Castlelake to terminate the lease contracts of two… Read More »