Four new investors inject $4.66bn into China Eastern parent
China Eastern Airlines (MU, Shanghai Hongqiao) parent China Eastern Air Holding will benefit from a CNY31 billion yuan (USD4.66 billion)… Read More »
PIA Pakistan eyes $124mn sukuk to aid liquidity
PIA – Pakistan International Airlines (PK, Islamabad Quaid-e-Azam Int’l) could raise up to PKR20 billion rupees (USD124 million) through a… Read More »
India’s Jet Airways eyes 1H21 restart
Jet Airways’ new owners want to restart operations as quickly as possible, potentially within four to six months, using a… Read More »
Nationalisation of Kenya Airways nudges closer
Kenyan parliamentarians have rejected a proposal to exclude the Kenya Airports Authority (KAA) from a new holding company mooted as… Read More »
More layoffs as Ryanair cuts Winter 2020/21 schedule
Ryanair (FR, Dublin Int’l) has warned of more cabin crew layoffs as it cuts a third off its winter schedule… Read More »
Ghana partners with EgyptAir for new flag carrier
The government of Ghana has chosen EgyptAir (MS, Cairo Int’l) as its strategic partner for the re-establishment of a new… Read More »
Vanuatu gov’t provides cash for A220s amid deal probe
The Government of Vanuatu has agreed to provide an additional VUV200 million vatus (USD1.8 million) to Air Vanuatu (NF, Port… Read More »
Cathay Pacific to cut workforce by 24%, slay Cathay Dragon
Cathay Pacific (CX, Hong Kong Int’l) has announced it will cut 5,900 jobs and halt operations at its full-service regional… Read More »
Canada’s Air Transat shuts Vancouver base, sheds more crew
Air Transat (TS, Montréal Trudeau) will close one of its three bases, at Vancouver Int’l, until further notice, as its… Read More »
US and Europe jostle over Boeing-Airbus dispute
The United States and the European Union appear to be strengthening their positions ahead of any future negotiations to settle… Read More »
New Jersey’s GLOBALX doubles order for A321-200Fs
GLOBALX (Atlantic City) has signed a letter of intent with lessor Vallair to lease ten A321-200Fs converted freighters with deliveries… Read More »
Cyrus Capital unit buys flybe. brand, eyes 2021 restart
Thyme Opco, a company affiliated to Cyrus Capital, has acquired the brand and the remaining assets of flybe. (BE, Exeter)… Read More »
Finnair cuts 700 jobs, continues furloughs for thousands
Finnair (AY, Helsinki Vantaa) announced 700 job cuts on October 20 following several weeks of talks with unions, including around… Read More »
Air Alderney takes delivery of first BN-2 Islander
Air Alderney (Alderney) has taken delivery of its first BN-2 Islander in the form of G-BLNI (msn 2188), according to… Read More »
United Airlines eyes “aggressive” return to JFK
United Airlines (UA, Chicago O’Hare) has been working “very, very hard to use the pandemic as a way to get… Read More »
Air Namibia resumes international flights
Air Namibia (SW, Windhoek Int’l) has announced it will resume flights from Windhoek Int’l to Johannesburg O.R. Tambo and Cape… Read More »
Wizz Air Abu Dhabi receives AOC
Wizz Air Abu Dhabi (WAZ, Abu Dhabi Int’l) has completed its certification and received the Air Operator’s Certificate (AOC) from… Read More »
General Atomics Europe to buy Do228 assembly line
General Atomics Europe, a German subsidiary of California’s General Atomics, has agreed to buy the maintenance, repair, and overhaul (MRO)… Read More »
Wizz Air takes delivery of A330-200(F) for gov’t ops
Wizz Air (W6, Budapest) took delivery of its first dedicated freighter, and simultaneously its first widebody aircraft, in the form… Read More »
Canada’s OWG launches operations
OWG (Montréal Trudeau) launched commercial operations on October 18, 2020, deploying one of its two B737-400s, C-GGWX (msn 24804), on… Read More »
Jet Airways finds a buyer 1.5 years after collapse
The Committee of Creditors of Jet Airways (JAI, Mumbai Int’l) approved in an e-voting concluded on October 17, 2020, a… Read More »
Estonian gov’t okays $35mn aid to Nordica, renationalisation
The Estonian government has authorised the Minister of Economy Taavi Aas as the representative of the state to approve the… Read More »
UK data watchdog hits British Airways with $26m fine
The United Kingdom’s Information Commissioner’s Office (ICO) has fined British Airways (BA, London Heathrow) GBP20 million pounds (USD26 million) for… Read More »
Quebecois gov’t seeks local buyers for Air Transat
The government of Quebec would strongly prefer to find a local investor for Air Transat (TS, Montréal Trudeau) rather than… Read More »
United takes over financing of 20 E175s from Mesa Air
Mesa Airlines (YV, Phoenix Sky Harbor) has said in a stock market disclosure that it agreed with United Airlines (UA,… Read More »
Partial privatisation of Ethiopian Airlines on hold
The Ethiopian government has “temporarily” suspended plans for the partial privatisation of its flag carrier Ethiopian Airlines (ET, Addis Ababa),… Read More »