EU and U.S. sanctions aim to cripple Russian carriers
Having initially targeted Russia’s leasing sector, Western-backed sanctions have now taken aim at the country’s airline and aerospace sectors as… Read More »
Air New Zealand to seek capital amid record losses
Air New Zealand intends to stage a capital increase by the end of March 2022 “or shortly thereafter, subject to… Read More »
US’s Eastern Airlines secures first cargo deal
Eastern Airlines has announced the signing of an agreement with Flexport to operate its future 777 Express Freighter aircraft out… Read More »
Poland to ban Russian airlines from its airspace
Poland will ban all Russian air operators from using its airspace, the Polish prime minister, Mateusz Morawiecki, has announced. The… Read More »
US sanctions Russia’s SberLeasing
The US Department of Treasury Office of Foreign Assets Control (OFAC) has added the Russian state-owned bank Sberbank and 25… Read More »
Tanzania’s Flightlink Air Charters to add ATR72-500
Tanzania’s Flightlink Air Charters is in the process of adding its first ATR72-500, 5H-FLA (msn 703), Skyliner Aviation has reported…. Read More »
US private equity firms invest in Hawaii’s Kamaka Air
Kamaka Air (KMK, Honolulu) has new majority shareholding with 80% of the business having been sold to two US capital… Read More »
Ottawa grants C$10mn to two British Columbia carriers
British Columbian carriers Pacific Coastal Airlines (8P, Vancouver Int’l) and Central Mountain Air (9M, Smithers) are to benefit from more… Read More »
LATAM Airlines restarts Oceania routes in late 1Q22
LATAM Airlines (LA, Santiago de Chile Int’l) is reprising its routes to Oceania on March 29 with 3x weekly services… Read More »
Emirates threatens 777X massive cancellation in case of more delays
Emirates is prepared to cancel its order for 115 Boeing 777X if delays their first deliveries beyond 2023, Chairman Tim… Read More »
Saudia, Thai Airways to reconnect former foes
The national flag carriers of Saudi Arabia and Thailand are poised to resume flights between the two countries which recently… Read More »
EU court rejects UPS claim against Brussels over TNT
The General Court of the European Union in Luxembourg has dismissed a record EUR1.7 billion euro (USD1.9 billion) compensation claim… Read More »
Malta’s Airhub Airlines adds first A330-300
Airhub Airlines (GJM, Malta Int’l) has taken delivery of its first A330-300 albeit in a makeshift freighter configuration. 9H-AHQ (msn… Read More »
United continues to put brakes on American and Philippine Airlines codeshare
United Airlines (UA, Chicago O’Hare) continues to frustrate long-standing attempts by competitor American Airlines (AA, Dallas/Fort Worth) and Philippine Airlines… Read More »
Spain’s Volotea scoops French domestic PSO contract
Volotea (V7, Asturias) has been awarded a four-year Public Service Obligation (PSO) contract to operate the Paris Orly-Lourdes/Tarbes domestic route… Read More »
Gov’t concludes 51% sale of South African Airways
The South African government has concluded and signed a sales and purchase agreement for the sale of 51% of South… Read More »
US’s Atlas Air executes $200mn share buy-back
Atlas Air (5Y, New York JFK) parent Atlas Air Worldwide Holdings has authorised a new USD200 million share buyback programme,… Read More »
Ukraine closes airspace as Russia invades
The State Enterprise of Air Traffic Services of Ukraine (UkSATSE) issued a Notice to Airmen (NOTAM) closing the Ukrainian airspace… Read More »
United Kingdom bans Russia-registered and operated aircraft
The United Kingdom has banned all scheduled services operated by aircraft owned, operated, leased, or registered in Russia in its… Read More »
Washington sanctions Russia’s VEB-Leasin
The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has sanctioned the Russian state-owned development bank VEB… Read More »
Co-founder of India’s IndiGo quits board, to cut stake
IndiGo Airlines (6E, Delhi Int’l) shareholder and co-founder Rakesh Gangwal has resigned from the board of parent InterGlobe Enterprises and… Read More »
Taiwan’s China Airlines eyes A330 replacement
Even though its immediate focus is on prioritising its successful cargo operations, China Airlines (CI, Taipei Taoyuan) is studying a… Read More »
Lufthansa Group airlines suspend Kyiv and Odesa flights
All Lufthansa Group carriers have suspended scheduled services to Ukraine except for flights to Lviv in the west of the… Read More »
American Airlines trims network due to 787 delays
American Airlines said it has been forced to delay the launch and/or suspend four long-haul routes due to the ongoing… Read More »
Réunion’s Air Austral ends ATR72 operations
Air Austral (UU, St. Denis de la Réunion) has confirmed it has retired its last remaining ATR72-500, F-OMRU (msn 855),… Read More »
El Al ready to use slots as loan collateral
As it scrambles for ways to raise USD100-150 million, a condition for the state funds it has secured, El Al… Read More »