Florida’s Spirit Airlines cuts expenses by shifting finances
Spirit Airlines (NK, Fort Lauderdale Int’l) has announced that it entered into “a series of liability management transactions given the… Read More »
interCaribbean Airways set to make South American debut
interCaribbean Airways (JY, Providenciales) is set to make its mainland South American debut after the Guyanese government granted it fifth… Read More »
Australian regulator tentatively denies Qantas/JAL JBA
The Australian Competition and Consumer Commission (ACCC) has tentatively rejected a joint business agreement (JBA) between Qantas (QF, Sydney Kingsford… Read More »
Malawi Airlines to be recapitalised
Malawian President Lazarus Chakwera has opted for recapitalisation of technically insolvent national flag carrier, Malawi Airlines (3W, Lilongwe), rather than… Read More »
Alaska’s Northern Air Services orders four B767-300(ERBCF)s
Northern Aviation Services has placed an order with Boeing for four converted B767-300(ERBCF) freighters, which will be operated by the… Read More »
Mitsubishi SpaceJet manufacturer cuts capital by 99.6%
Mitsubishi Aircraft Corporation (MAJ, Nagoya Chubu), the subsidiary of Mitsubishi Heavy Industries that put its SpaceJet M90 (nee MRJ) project… Read More »
Malaysia Airlines retires A380s, to take 737 MAX in 2024
Malaysia Airlines (MH, Kuala Lumpur Int’l) will try and sell all six of its A380-800s as it sees no place… Read More »
Mexico’s Interjet seeks $1.25bn debt restructuring
Interjet (AIJ, Toluca) has hired a Mexico City-based restructuring firm, Argoss Partners, to help it tackle a $1.25 billion debt… Read More »
Lufthansa shareholders approve $6.6bn capital raise
Lufthansa Group secured the approval of its shareholders to raise up to EUR5.5 billion euros (USD6.6 billion) in additional liquidity… Read More »
South Africa’s Mango gets $57mn gov’t life-line
Stricken Mango Airlines (JE, Johannesburg O.R. Tambo) has been allocated a life-line of ZAR819 million rand (USD57 million) from state… Read More »
Brussels approves €270mn aid package to Grupo SATA
Brussels has approved a rescue package of almost EUR270 million euro (USD323 million) for Azores Airlines (S4, Ponta Delgada) and… Read More »
Bangladesh reopens for int’l flights but with restrictions
Bangladesh has re-opened for international scheduled passenger flights, albeit with COVID-19 restrictions and excluding 12 countries currently considered high-risk. The… Read More »
Pakistan curbs flights to contain Covid-19
Pakistani airlines, from Wednesday, May 5, are restricted to operating only 20% of their Summer 2021 schedule following an upsurge… Read More »
Qantas wins case in Singapore against defecting executive
Former Qantas (QF, Sydney Kingsford Smith) executive Nick Rohrlach will have to wait a few more months before starting his… Read More »
Nigerian regulator lifts safety ban on Azman Air operations
The Nigerian Civil Aviation Authority (NCAA) has lifted its suspension of Azman Air’s B737 operations after greenlighting corrective measures implemented… Read More »
South Africa’s Airlink resumes safari lodge shuttle
Airlink (South Africa) (4Z, Johannesburg O.R. Tambo) will re-start its air shuttle service from July 1, 2021, to game lodges… Read More »
321 Precision Conversions set to begin A321(PCF) deliveries
The US Federal Aviation Administration (FAA) issued, on April 28, 2021, a Supplemental Type Certificate (STC) to 321 Precision Conversions,… Read More »
Malaysia’s Firefly starts B737NG operations
Firefly (FY, Penang) resumed narrowbody jet operations on May 3, 2021, using a single B737-800 transferred from its parent Malaysia… Read More »
Court asks gov’t for clarification on Jet Airways’ slots
India’s National Company Law Tribunal has sought a new opinion from the Directorate General of Civil Aviation (DGCA) and the… Read More »
Gov’t lists issues, gives Uganda Airlines board deadline
The board chairman of Uganda Airlines (UR, Entebbe/Kampala) faces dismissal unless he can explain a raft of issues plaguing the… Read More »
Norwegian announces terms of planned $720mn capital raise
Norwegian (DY, Oslo Gardermoen) is aiming to raise NOK6 billion kronor (USD720 million) in fresh capital this month as part of its… Read More »
Ethiopian Mozambique Airlines suspends flights
Ethiopian Mozambique Airlines (EMZ, Beira) has announced the indefinite suspension of its domestic flights from May 6, 2021, citing as… Read More »