SAS signs record $408mn contract with Nordic tour operator
SAS Scandinavian Airlines (SK, Copenhagen Kastrup) and Apollo, one of the biggest tour operators in the Nordic region, have extended… Read More »
Gov’t poised to decide on fate of loss-making Air Namibia
The future of loss-making Air Namibia (SW, Windhoek Int’l) continues to hang in the balance with the Namibian government due… Read More »
Bank uses new financing system for SkyWest-Embraer deal
The Brazilian Development Bank (BNDES) revealed on January 25 that it had approved a loan of BRL450 million reais (USD83… Read More »
Air Serbia resumes flights to MENA region
Air Serbia (JU, Belgrade) has scheduled the resumption of its flights to the Middle East and North Africa (MENA) region… Read More »
Indian DGCA removes type restrictions on ACMI deals
The Indian Directorate General of Civil Aviation (DGCA) has removed restrictions governing the aircraft types that local carriers can wet-lease… Read More »
Air Seychelles may enter administration – CEO
Responding to comments questioning the sustainability of Air Seychelles (HM, Mahé) made by President Wavel Ramkalawan during a state-of-the-nation address… Read More »
Creditors file for HNA Group’s bankruptcy
The Hainan High People’s Court initiated bankruptcy reorganisation proceedings against HNA Group acting upon a petition filed by an unnamed… Read More »
Air Namibia liquidation case settled out of court
A Namibian High Court case in which Air Namibia (SW, Windhoek Int’l) faced being liquidated was settled out of court… Read More »
Lufthansa hopeful it will not need a new state aid package
Lufthansa Group is optimistic that the roll-out of COVID vaccines will spark a vigorous recovery in the market during the… Read More »
Nigeria’s Air Peace takes first E195-E2
Air Peace (P4, Lagos) took delivery of its first of 13 firm-ordered E195-E2s, although it has yet to ferry the… Read More »
Singapore Airlines to start B737-800 flights in late 1Q21
Singapore Airlines (SQ, Singapore Changi) will begin B737-800 operations on March 4, marking the final phase of its absorption of… Read More »
Japan’s ANA slashes S21 int’l capacity, to retire B777s
ANA – All Nippon Airways (NH, Tokyo Haneda) will suspend services on 16 international routes from late March due to… Read More »
Norwegian to exit Irish insolvency in 2Q21 – presentation
Norwegian (DY, Oslo Gardermoen) has outlined its new plan to outlive the collapse in air travel demand in a presentation… Read More »
Amid financial misery, Boeing defers B777X EIS to 2023
Boeing (BOE, Chicago O’Hare) has confirmed it has pushed back its inaugural B777-9 deliveries to late 2023 due to “an… Read More »
Hawaiian Airlines backs $800mn bonds with loyalty scheme
Hawaiian Airlines (HA, Honolulu) is planning to issue USD800 million in five-year bonds via two newly formed wholly-owned special purpose… Read More »
Philippines’ Cebu Pacific plans $250mn share issue
Cebu Pacific Air (5J, Manila Ninoy Aquino Int’l) parent Cebu Air Inc. will stage a USD250 million share offering on… Read More »
Cathay Pacific proposes $774mn bond amid ongoing cash burn
Cathay Pacific (CX, Hong Kong Int’l) plans to issue convertible bonds denominated in Hong Kong dollars with a maturity of… Read More »
Gov’t relief for Canada’s northern air carriers
Canadian air carriers serving remote First Nation communities in Northern Ontario are to receive up to CAD11.1 million Canadian dollars… Read More »
Sky Bahamas CEO refutes Saab engine “swindling” claims
In his continuing efforts to deny allegations he was involved in a USD30 million fraud, Randy Butler, former chief executive… Read More »
Canada’s Flair Airlines to add 13 B737 MAX 8s
Flair Airlines (F8, Kelowna) will acquire thirteen B737-8s with deliveries due to start in early 2021, spearheading the low-cost carrier’s… Read More »
Air India seeks $31mn loan to help refinance debt
Air India (AI, Mumbai Int’l) is seeking offers from domestic lenders to provide it with a one-year loan amounting to… Read More »
Burkina Faso, Airbus discuss A220-300s for Air Burkina
Airbus and Burkina Faso have initiated talks for the acquisition of three A220-300s for state-carrier Air Burkina (2J, Ouagadougou) by… Read More »