SriLankan Airlines sues Airbus for $1bn
SriLankan Airlines (UL, Colombo Int’l) has filed a lawsuit against Airbus for alleged corruption during the procurement of A350-900s and… Read More »
Aeroflot lawyers go on trial in ₽250.6mn embezzlement case
A criminal case involving lawyers charged with attempting to embezzle at least RUB250.6 million rubles (USD3.36 million) from Aeroflot (SU,… Read More »
Spain’s Volotea to open seasonal Olbia base
Volotea (V7, Asturias) has announced it will open a seasonal summer-only base in northern Sardinia, basing a single A319-100 out… Read More »
British Airways mulls sale of HQ due to homeworking
British Airways (BA, London Heathrow) is considering selling the building near London Heathrow that houses its headquarters, as the switch… Read More »
Norfolk Island sees resumption fo commercial pax flights
Norfolk Island, an Australian territory in the South Pacific, has become the focus of a bun fight between Qantas (QF,… Read More »
Italy’s Piaggio Aerospace bags four non-binding offers
Italian aerospace manufacturer Piaggio Aerospace (Genoa) has received four non-binding offers for the acquisition of the group’s aircraft and engine… Read More »
Ohio’s Ultimate Air Shuttle to resume scheduled ops in 2Q21
Ultimate Air Shuttle (UE, Cincinnati Lunken) has announced that it will restart scheduled operations on April 12, 2021, more than… Read More »
Uganda Airlines dismisses Auditor-General’s debt claims
Uganda Airlines (UR, Entebbe/Kampala) has denied it is indebted as claimed in a recent report by the country’s Auditor General,… Read More »
Egypt’s Air Cairo to expand into West Africa
Air Cairo (SM, Cairo Int’l) is to open a new route between Cairo Int’l and Conakry (Guinea) via Niamey (Niger)… Read More »
Alitalia newco to launch ops early 3Q21, plans asset tenders
ITA – Italia Trasporto Aereo, the newco Alitalia (AZ, Rome Fiumicino), must commence flight operations this summer, by June or… Read More »
Saudia inks historic $3bn fleet financing deal
Punted as the largest deal to date in Saudi Arabia’s aviation history, Saudia (SV, Jeddah) has clinched a SAR11.2 billion… Read More »
Ukraine will not nationalise Motor Sich – security secretary
Oleksiy Danilov, secretary of Ukraine’s National Security and Defense Council (NSDC), has said that there is currently no talk of… Read More »
Jet Airways deal hits new hurdle, ex-CEO eyes new airline
The acquisition of Jet Airways (JAI, Mumbai Int’l) by the consortium of London-based Kalrock Capital and Dubai-based businessman Murari Lal… Read More »
Lithuania’s Heston Airlines adds first A320
Heston Airlines (HST, Vilnius) has taken delivery of its first aircraft, A320-200 LY-FJI (msn 2157), as it inches towards its… Read More »
Airbus, Boeing vie as Qantas says “now is the time to buy”
As Airbus and Boeing vie for a multi-billion dollar Qantas (QF, Sydney Kingsford Smith) order to replace its ageing B737-800… Read More »
Kigali in final talks with Qatar over RwandAir equity
The Rwandan government is in “final talks” with Qatar Airways (QR, Doha Hamad Int’l) over the sale of a 49%… Read More »
Ariana Afghan Airlines looks to grow B737 fleet
Ariana Afghan Airlines (FG, Kabul) is on the market for a B737-500, almost six months after it sold its first… Read More »
Air China to acquire five A320neo, 13 A321neo
Air China (CA, Beijing Capital) has announced in a stock market filing that it will buy eighteen A320neo Family narrowbodies… Read More »
Indigo Partners cuts Wizz Air stake to 8.5%
The largest shareholder in Wizz Air (W6, Budapest), Indigo Partners, has sold around GBP400 million pounds (USD554.7 million) worth of… Read More »
AirAsia Group raises $81.8mn, embraces new investors
AirAsia Group has raised a total of MYR336.46 million ringgit (USD81.83 million) following the completion of the second tranche of… Read More »
Illinois court throws out B737 MAX fraud case against Boeing
The District Court for the Northern District of Illinois has dismissed fraud allegations filed against Boeing by lessor Timaero Ireland… Read More »
Gov’t clears SriLankan Airlines to add freighter aircraft
Sri Lanka’s Cabinet has authorised flag carrier SriLankan Airlines (UL, Colombo Int’l) to lease a freighter of unspecified type to… Read More »
Central bank confirms Vietnam Airlines interest-free loan
Vietnam’s central bank, the State Bank of Vietnam, has confirmed a government plan to provide an interest-free loan of up… Read More »
China Development Bank fined ¥42.7mn for HNA loan guarantee
The Hainan branch of the government-owned China Development Bank (CDB) has been fined exactly CNY42.6616 million yuan (USD6.56 million) for… Read More »
British Airways still committed to its A380s – CEO
Contrary to the growing ranks of airlines explicitly or implicitly saying they won’t reactivate their A380-800s, British Airways (BA, London… Read More »
Israel to bail out El Al with $210mn ticket-purchase plan
Israel’s government has agreed to buy tickets in advance worth USD210 million from ailing flag carrier El Al Israel Airlines… Read More »