Creditors to vote on Avianca Holdings’ rescue plan
Avianca Airlines (AV, Bogotá) parent Avianca Holdings has been granted permission by the US Bankruptcy Court to solicit votes from… Read More »
IAG mulls raising more capital from shareholders – report
IAG International Airlines Group is considering raising more capital from its shareholders in the coming weeks to ease the group’s… Read More »
India’s SpiceJet settles with MAX lessor CDB Aviation
SpiceJet (SG, Delhi Int’l) announced in a stock exchange filing on September 13 that it had settled with CDB… Read More »
India’s Wadia Group hands GoFirst $272mn ahead of IPO
As it prepares for its Initial Public Offering (IPO), Go First (G8, Mumbai Int’l), formerly GoAir, has received INR20 billion… Read More »
India’s Jet Airways to lease narrowbodies for 1Q22 restart
Jet Airways (JAI, Mumbai Int’l) is expected to start domestic flight operations in the first quarter of 2022 and is… Read More »
Mozambique AG to appeal Embraer bribe case acquittal
The Mozambican attorney general is to appeal the acquittal of LAM – Linhas Aéreas de Moçambique former chairman Jose Viegas… Read More »
Gov’t fund buys into Vietnam Airlines rights-issue rescue
As expected, though later than initially planned, Vietnam’s sovereign wealth fund, the State Capital Investment Corporation (SCIC), has bought into… Read More »
Ryanair initiates forced sale of shares due to Brexit
Ryanair Holdings has initiated a forced sale of shares that have been acquired by or on behalf of United Kingdom… Read More »
Air Canada rouge returns after seven months
Air Canada rouge (RV, Toronto Pearson) restarted scheduled operations on September 7, 2021, after COVID forced it to suspend flights… Read More »
US’s Western Global Airlines moots fleet growth
Western Global Airlines (KD, Fort Myers Southwest Florida) has petitioned the US Department of Transportation (DOT) to remove restrictions on… Read More »
Would-be investor drops Alaska’s Hageland Aviation Services
Hageland Aviation Services (H6, Saint Mary’s) has withdrawn a notice of intent to resume operations after its new owner lost… Read More »
US’s Breeze Airways confirms 20 incremental A220s
Breeze Airways (MX, Salt Lake City) has ordered twenty incremental A220-300s from Airbus, increasing its total order for the type… Read More »
Rolls Royce, Babcock to exit AirTanker parent company
Rolls-Royce and Babcock International have confirmed the sale of their respective shareholdings in AirTanker Holdings Ltd. to private equity firm… Read More »
Cathay Pacific closes London pilot base, US bases at risk
Cathay Pacific (CX, Hong Kong Int’l) has confirmed what it stressed in July was “simply a proposal”, to close its… Read More »
Delhi shifts some Air India assets to holdco ahead of sale
With just days left before the September 15 deadline dawns for firm bids for Air India (AI, Mumbai Int’l), the… Read More »
Australian competition watchdog denies Qantas/JAL JBA
The Australian Competition and Consumer Commission (ACCC) has rejected a proposed joint business agreement between Qantas (QF, Sydney Kingsford Smith)… Read More »
Saudia to take delivery of first A321neo(XLR)s in 2024
Saudia (SV, Jeddah) will take delivery of its first of fifteen A321-200NX(XLR)s on order from Airbus (AIB, Toulouse Blagnac) in… Read More »
Pakistan’s PIA resumes Kabul ops on a charter basis
PIA – Pakistan International Airlines (PK, Islamabad Quaid-e-Azam Int’l) has denied earlier reports that it has resumed scheduled flights to… Read More »
Nairobi unlikely to bailout cash-strapped Kenya Airways
Kenya’s National Treasury has neither budgeted for, nor received a call from cash-strapped Kenya Airways (KQ, Nairobi Jomo Kenyatta) for… Read More »
EC greenlights ITA, absolves it of illegal Alitalia aid
Concluding its investigation into two Italian state loans to Alitalia (AZ, Rome Fiumicino) in 2017 totalling EUR900 million euros (USD1.06… Read More »
LATAM garners over $5bn in bankruptcy exit financing offers
LATAM Airlines Group – and certain of its debtor-affiliates in Brazil, Chile, Colombia, Ecuador, the United States, and Peru –… Read More »
Wizz Air in talks about 100+ A320neo order
Wizz Air Holdings has been in talks with Airbus about a new order for at least 100 A320neo Family jets… Read More »
South Africa’s Comair reports $19mn capital inflow
Comair (South Africa) (MN, Johannesburg O.R. Tambo) has received a capital injection of ZAR270 million rand (USD19 million) through the… Read More »
Israel dangles $50mn more aid before El Al
Israel’s Ministry of Finance has told El Al Israel Airlines (LY, Tel Aviv Ben Gurion) that it can provide a… 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 »
Japan Airlines to raise ¥300bn to bolster balance sheet
JAL – Japan Airlines (JL, Tokyo Haneda) parent JAL Group plans to raise around JPY300 billion yen (USD2.73 billion) via… Read More »