Guernsey to recapitalise Aurigny to tune of $86.3mn
The island parliament of Guernsey has voted to write off the debts of its flag carrier Aurigny Air Services (GR,… Read More »
Israel’s El Al explores buyout of rival Arkia
El Al Israel Airlines (LY, Tel Aviv Ben Gurion) has launched negotiations to explore the possibility of buying Arkia Israeli… Read More »
Russia’s NordStar to add two B737 freighters
NordStar (Y7, Norilsk) will enter the dedicated freighter market by the end of the year with the delivery of its… Read More »
Air New Zealand receives $120mn for International Cargo
Air New Zealand (NZ, Auckland Int’l) has been awarded NZD170 million New Zealand Dollars (USD120 million) in subsidies for international… Read More »
Malaysia’s AirAsia X suggests paying 0.5% of $8.1bn debt
AirAsia X (D7, Kuala Lumpur Int’l) has asked its creditors to convene on November 12 to consider a restructuring proposal… Read More »
Air France-KLM threatens lawsuit over Schiphol fee hike
Air France-KLM has written to Amsterdam Schiphol threatening legal action because the airport signalled its intention to raise its charges… Read More »
French Polynesia’s Motu Link Airline granted an OL
French Polynesia’s Council of Ministers has approved a draft decree granting an air carrier license to low-cost startup, Motu Link… Read More »
LATAM postpones rescue plan reveal to mid-4Q21
The LATAM Airlines Group has requested an extension until November 26, 2021, to present its restructuring plan to the US… Read More »
Mitsubishi Aircraft Corp. confirms no plans to restart MRJ
Mitsubishi Aircraft Corporation (MAJ, Nagoya Chubu) has no plans to restart the SpaceJet/MRJ programme certification “for now” and has asked… Read More »
Qantas sells $595mn worth of land to recover debt
In an AUD803 million Australian dollar (USD595 million) deal aimed at reducing its debt as it recovers from the effects… Read More »
Aegean Airlines takes control of Romania’s Animawings
Aegean Airlines (A3, Athens Int’l) has increased its stake in Animawings (A2, Bucharest Otopeni) from 25% to 51% for a… Read More »
US’s AirBahn adds first aircraft, an A320; eyes 2022 launch
AirBahn (ARB, Santa Ana, CA) has accepted its first aircraft, an A320-200 transferred from its Pakistani sister carrier, AirBlue (PA,… Read More »
Pakistan’s AirBlue takes delivery of maiden A321neo
AirBlue (PA, Karachi Int’l) took delivery of its first A321-200N on Friday, October 15, after AP-BOE (msn 10162) arrived at… Read More »
Nigerian senate suspends NG Eagle certification
The Nigerian Senate’s Standing Committee on Aviation has ordered the Nigerian Civil Aviation Authority (NCAA) to suspend the ongoing certification… Read More »
ITA buys Alitalia brand for one third of starting price
ITA – Italia Trasporto Aereo (AZ, Milan Linate) has acquired the Alitalia (AZ, Rome Fiumicino) brand and website for EUR90… Read More »
Lufthansa Cargo ends MD-11 freighter operations
Lufthansa Cargo retired its last MD-11(F) on October 17, 2021, thus completing its fleet rollover to Boeing 777-200Fs. D-ALCC (msn… Read More »
US’s Spirit Airlines bumps A320neo leases with SMBC
Spirit Airlines (NK, Fort Lauderdale Int’l) has agreed to lease six A320-200Ns from SMBC Aviation Capital and has signed sale/lease-back… Read More »
Watchdog may approve Korean Air-Asiana deal, with conditions
South Korea’s Fair Trade Commission is expected to approve the planned merger between Asiana Airlines (OZ, Seoul Incheon) and Korean… Read More »
UAE’s Etihad Airways inks $1.2bn loan
Etihad Airways (EY, Abu Dhabi Int’l) has raised USD1.2 billion with a loan it claimed was tied to “independently assessed”… Read More »
Spain’s Volotea wins Sardinian PSO, blocks Asturias tender
After it was disqualified during the first tender, Volotea (V7, Asturias) has now been awarded the seven-month territorial continuity Public… Read More »
Amazon.com in search of A330-300(F)s, B777-300(ER)(SF)s
Amazon.com is scouting the market for used A330-300s and B777-300(ER)s to convert them into freighters and expand the fleet it… Read More »
Azerbaijan’s AZAL tweaks A320neo, 787 fleet renewal plans
AZAL Azerbaijan Airlines (J2, Baku) is proceeding with longstanding plans to renew and expand its mainline passenger fleet following talks… Read More »
Thai Airways repays $38mn debts to creditors
Thai Airways International (TG, Bangkok Suvarnabhumi) has submitted a progress report on the implementation of its ongoing restructuring process, which… Read More »
Southwest Airlines reels from wave of cancellations
Southwest Airlines (WN, Dallas Love Field) continues to suffer the fallout from a wave of flight cancellations over October 8-10,… Read More »
Wizz Air “not averse” to mergers and acquisitions – Varadi
Wizz Air Holdings is not averse to potential mergers and acquisitions of other airlines in the future, as long as… Read More »
India’s TruJet changes ownership – report
India’s infrastructure giant Megha Engineering & Infrastructures Ltd (MEIL) has reportedly divested from Turbo Megha Airways Ltd. t/a TruJet (2T,… Read More »