Garuda Indonesia faces PKPU lawsuit, unassailable debts
Just as Central Jakarta District Court rejected My Indo Airlines’ attempt to forcibly restructure the debts of Garuda Indonesia (GA,… Read More »
Lourenço fires entire TAAG board, appoints new CEO
The entire board of TAAG Angola Airlines (DT, Luanda), including Chief Executive Officer Rui Carreira, has been axed by presidential… Read More »
PNG’s Air Sanga adds first Beechcraft 1900
Papua New Guinean domestic charter operator Air Sanga (Port Moresby) has added its first Beech 1900D on a lease-purchase agreement… Read More »
State to acquire effective full ownership of Air Mauritius
The Mauritian government’s Airport Holdings Ltd – the majority shareholder of Air Mauritius – is to acquire all voting shares… Read More »
Court denies My Indo Airlines bid to restructure Garuda debt
A panel of judges at Central Jakarta District Court has rejected an attempt by My Indo Airlines (2Y, Jakarta Halim)… Read More »
JAL joins electric wave with order for 50+50 VA-X4s
JAL – Japan Airlines (JL, Tokyo Haneda) has formed a partnership with Avolon-e, the electric aircraft wing of lessor Avolon,… Read More »
Thai AirAsia parent to raise $419mn as Thailand reopens
Asia Aviation PCL (AAV), the parent company of Thai AirAsia (FD, Bangkok Don Mueang), has said it is seeking to… Read More »
COVID forces Aeronexus to sell/lease-back its only 767-300
South African charter company Aeronexus Corporate (ARN, London Stansted) has been forced to sell and lease back its single 96-seater… Read More »
India’s first seaplane operations in limbo
India’s first seaplane service by SpiceJet subsidiary SpiceShuttle (SG, Delhi Int’l) remains grounded six months after it suspended operations citing… Read More »
Pakistan withholds int’l charter rights of four airlines
The Pakistan Civil Aviation Authority has announced it is withholding with immediate effect permission for PIA – Pakistan International Airlines,… Read More »
Florida’s RoadRunAir Aviation eyes E145 charter market
RoadRunAir Aviation has acquired its first E145 as it plans to launch as a charter broker proffering package tours including… Read More »
Qantas shareholder pulls out over vaccination policy
In a political move ahead of Australia’s upcoming elections, United Australia Party chairman Clive Palmer has divested from the Qantas… Read More »
Wisconsin’s Air Charter Express inducts first Saab 2000
Air Charter Express (United States of America) (Little Rock) took delivery of the first of four forthcoming Saab 2000s on… Read More »
US court approves $750mn for LATAM Airlines Group
The US Bankruptcy Court in the Southern District of New York has greenlighted a USD750 million credit line to the… Read More »
Australia’s Rex to resume B737 operations in mid-4Q21
Rex – Regional Express (ZL, Wagga Wagga) has announced it will restart mainline B737-800 operations between Sydney Kingsford Smith, Melbourne… Read More »
United Airlines ready to sell stake in ExpressJet – Kirby
United Airlines (UA, Chicago O’Hare) is prepared to sell its 49.9% stake in ExpressJet Airlines (EV, Atlanta Hartsfield Jackson), formerly… Read More »
Frankfurt Hahn operator declares insolvency
Flughafen Frankfurt-Hahn GmbH, the operator of Frankfurt Hahn airport, has filed for insolvency at the Bad Kreuznach district court, but… Read More »
Kinshasa unveils Air Congo as second national carrier
The Democratic Republic of Congo (DRC) has announced the creation of a second national carrier, Air Congo, as a joint… Read More »
Nairobi preps bailout for Kenya Airways in 2022 budget
Kenya’s Treasury has agreed to consider an “appropriate recovery plan” for its cash-strapped flag carrier, Kenya Airways (KQ, Nairobi Jomo… Read More »
Jordan’s Fly Aqaba lands Saudi investor
The Aqaba Special Economic Zone Authority (ASEZA) has at last found a taker for its Fly Aqaba (Aqaba) project after… Read More »
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 »