Islamabad okays another $260mn bailout for PIA
Pakistan’s Economic Coordination Committee, which controls and finalises the country’s important economic decisions and is chaired by Prime Minister Imran… Read More »
Australia’s Maroomba Airlines takes delivery of first Q300
Maroomba Airlines (Perth Int’l) has taken delivery of its first DHC-8-Q300, the largest in its fleet. OY-CJY (msn 592),… Read More »
Union pulls out of talks about British Airways’ new LCC
The British Airline Pilots’ Association (BALPA) has pulled out of talks with British Airways (BA, London Heathrow) concerning the establishment… Read More »
Alitalia brand sale begins, starting at €290mn
Alitalia (AZ, Rome Fiumicino) officially put its brand up for sale on Saturday, September 18, with a base price of… Read More »
Lufthansa to repay bailout with €2.14bn capital raise
As was widely anticipated, Lufthansa (LH, Frankfurt Int’l) has announced a capital increase that is expected to raise EUR2.14 billion… 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 »
China Eastern to open Hainan branch
China Eastern Airlines (MU, Shanghai Hongqiao) has signed a new cooperation agreement with the Sanya Municipal Government, and announced the… Read More »
Congo Airways wet-leases two E190s from Kenya Airways
Congo Airways (8Z, Kinshasa N’Djili) has wet-leased two E190s from Kenya Airways (KQ, Nairobi Jomo Kenyatta) as a first step… Read More »
AirAsia and Airbus agree to rework aircraft orders
Airbus (AIB, Toulouse Blagnac) has agreed to reschedule delivery or cut prices for hundreds of aircraft that AirAsia Group has… Read More »
Lufthansa weighs partial sale or IPO of MRO unit
Lufthansa (LH, Frankfurt Int’l) is considering a partial sale of its MRO unit Lufthansa Technik or an initial public offering… 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 »
CNMI’s Marianas Pacific Air eyes ground-effect vehicles
Marianas Pacific Airlines (Saipan), a start-up that aims to debut in 1Q22, is looking to acquire three Wing-In-Ground-Effect (WIG) vehicles… Read More »
Vietcombank buys $3.6mn worth of new Vietnam Airlines shares
Vietcombank, a majority Vietnamese state-owned commercal bank, has signed up to buy 8.35 million shares in Vietnam Airlines (VN, Hanoi)… Read More »
US DOT extends route launch waiver to late 1Q22
The US Department of Transportation (DOT) has extended a waiver for dormancy and startup conditions for all carriers holding international… Read More »
Greece’s SwiftAir Hellas adds first E120
SwiftAir Hellas (MDF, Athens Int’l) has added its first in-house EMB-120RT(F) in the form of SX-AQI (msn 120063), an aircraft… Read More »
Malaysia’s AirAsia X gains more time to stage creditor meets
Malaysia’s High Court has granted AirAsia X (D7, Kuala Lumpur Int’l) a further extension of the restraining order on 15… Read More »
American Airlines to acquire 5.2% stake in Brazil’s GOL
American Airlines (AA, Dallas/Fort Worth) has signed an extended partnership agreement with GOL Linhas Aéreas Inteligentes (G3, Sao Paulo Congonhas),… Read More »
Delhi confirms bids are in to buy loss-making Air India
India’s government has received the final bids for its privatisation process to sell 100% of its stake in Air India… Read More »
Uganda Airlines to start Middle East ops in 4Q21
Uganda Airlines (UR, Entebbe/Kampala) is to debut its first intercontinental flights – to Dubai Int’l – on October 1, 2021,… Read More »
Viet Nam’s Bamboo Airways eyes US ops in 4Q21/1Q22
Bamboo Airways (QH, Hanoi) plans to operate its first proving flight from Viet Nam to the United States on September… Read More »
Oman’s SalamAir takes first A321neo
SalamAir (OV, Muscat) has taken delivery of its first A321-200NX after A4O-OXA (msn 10483) was ferried from Hamburg Finkenwerder to… Read More »
Austria’s People’s to launch winter charters
People’s (PE, Altenrhein) has announced it will launch winter charter flights from Altenrhein in mid-January 2022, operating 2x weekly (growing… Read More »
Panama’s Cargo Three secures tentative US service consent
The US Department of Transportation (DOT) has granted an exemption and, tentatively, a foreign air carrier permit (FACP) to Cargo… Read More »
UK’s Titan Airways adds first A330-300(P2F)
Titan Airways (ZT, London Stansted) took delivery of its first A330-300(P2F) on August 27, 2021, and began operating the… Read More »
India approves conversion of six A319s into AEW&C units
The Indian Cabinet Committee on Security has approved a INR110 billion rupee (USD1.5 billion) programme to build six airborne… Read More »
Thai AirAsia adopts crowdfunding as fundraising strategy
Thai AirAsia (FD, Bangkok Don Mueang) has launched a crowdfunding campaign to facilitate retail investors and the general public investing… Read More »