Spain’s Gestair Private Jet acquires Maltese AOC
Gestair Private Jets (GES, Madrid Barajas) has established a new subsidiary in Malta, Gestair Aviation Malta, following the acquisition of… Read More »
Proflight Zambia converts planes for cargo to stay afloat
Struggling with a massive downturn in passenger flight demand because of COVID-19, Proflight Zambia (P0, Lusaka) has converted some of… Read More »
IAG announces €2.74bn capital increase amid poor bookings
IAG International Airlines Group has announced a fully underwritten capital increase to raise EUR2.741 billion euros (USD3.24 billion) to bolster… Read More »
Nigeria blacklists airlines in diplomatic tit-for-tat
In a tit-for-tat move, Nigeria is denying entry to carriers from countries that have imposed travel restrictions on its citizens…. Read More »
Fly Lankan Asia plans domestic, int’l ops from Sri Lanka
Fly Lankan Asia has filed an application for an Air Operator’s Certificate (AOC) and an Airline Licence (AL) in Sri… Read More »
India’s TruJet reaches deal with lessors to reactivate ATRs
TruJet (2T, Hyderabad Int’l) hopes to resume a full flying schedule having reached deals with lessors covering overdue payments and… Read More »
Wizz Air boosts Italian focus with new Catania base
Wizz Air (W6, Budapest) has announced it would open a base in Catania on October 8, 2020, basing two A321-200s… Read More »
South African Airways needs State cash next week to survive
The fate of South African Airways (SA, Johannesburg O.R. Tambo) hangs in the balance again with its administrators urgently needing… Read More »
SpiceJet faces $33mn court order plus BOC lease claim
SpiceJet (SG, Delhi Int’l) has had to confront several legal issues on top of problems such as ongoing financial losses,… Read More »
Miami’s GLOBALX to spin out Jetlines to target Canada market
Miami-headquartered Global Crossing Airlines, doing business as GLOBALX (Atlantic City), intends to spin out its wholly-owned subsidiary Canada Jetlines Operations,… Read More »
Zambia Airways completes certification
Zambia Airways (AZB, Lusaka) has been granted an Air Operators Certificate (AOC) by the Zambia Civil Aviation Authority (ZCAA) in… Read More »
Zimbabwe reopens to commercial pax traffic
Zimbabwe reopens its domestic airspace on September 10, 2020, followed by international flights on October 1, 2020, but travellers will… Read More »
Ryanair in $1bn bond issue, $470mn share placement
Ryanair (FR, Dublin Int’l) launched and sold an EUR850 million euro (USD1 billion) bond on September 7, which was more… Read More »
US judge approves JetSuite parent’s restructuring plan
A little over four months after Superior Air Charter (SAC) LLC, parent firm of JetSuite (Santa Ana, CA), declared bankruptcy… Read More »
AirAsia Group in talks to raise $600mn, mulls Japan exit
AirAsia Group is in talks with private equity firms and both local and international conglomerates and banks in efforts to… Read More »
Virgin Australia creditors approve sale to Bain Capital
Virgin Australia Holdings’ creditors have agreed at an online meeting to sell the indebted carrier to Boston-based private equity group… Read More »
Lessor files $23mn claim against Malaysia’s AirAsia X
AirAsia X (D7, Kuala Lumpur Int’l) has revealed that Singapore-based lessor BOC Aviation has filed a claim against it at… Read More »
Poland’s SkyTaxi plans US and China charter operations
Polish charter airline SkyTaxi (Poland) (TE, Wroclaw) plans to expand its cargo charter operations to the United States and China,… Read More »
Virgin Atlantic plots further cuts after finalising rescue
Announcing the formal completion of its GBP1.2 billion pound (USD1.6 billion) solvent recapitalisation, Virgin Atlantic (VS, London Heathrow) said that… Read More »
Pilots pitch salary cuts amid Royal Air Maroc job cuts
Morocco’s pilots have voted to strike to protest the recent layoffs of 65 pilots at Royal Air Maroc (AT, Casablanca… Read More »
Alitalia newco imminent as EU approves €200mn bailout
A new Alitalia (AZ, Rome Fiumicino) could be launched in “a matter of a few days” now that EU regulators… Read More »
Lauda Europe completes Maltese certification
Lauda Europe (Malta Int’l) has received its Air Operator’s Certificate (AOC) from Transport Malta, the Director General of the authority,… Read More »
India’s IndiGo sees uptick, may not deploy share issue
IndiGo Airlines (6E, Delhi Int’l) may decide not to pursue the fundraising initiatives it was looking at in July and… Read More »
UK’s Stobart Group confirms talks to sell Stobart Air
Stobart Group has confirmed it is considering selling its Ireland-based production carrier Stobart Air (RE, Dublin Int’l) and that it… Read More »
Creditors set to call off Asiana sale as talks founder
Asiana Airlines (OZ, Seoul Incheon) is set to fall under creditor control amid reports the proposed sale of the cash-strapped… Read More »
Taiwan’s Mandarin Airlines details E190 retirement plans
Mandarin Airlines (AE, Taichung Ching Chuan Kang) is planning to retire its Embraer fleet within the next three years, an… Read More »