Air Canada targets almost $553mn in private funding
Air Canada (AC, Montréal Trudeau) plans to raise just over USD552.6 million in Enhanced Equipment Trust Certificates (EETCs) – a… Read More »
Lufthansa mulls further fleet cuts, including all A380s
Lufthansa (LH, Frankfurt Int’l) is contemplating cutting its fleet beyond the 100 aircraft announced earlier this year in a move… Read More »
RwandAir axes A330neo, B737 MAX leases
RwandAir (WB, Kigali) has confirmed it has cancelled leases for two A330-900Ns and two B737-8s amid protracted delays in their… Read More »
Avianca responds to court ruling blocking gov’t funding
Avianca Holdings will, in the next few days, present information to the Administrative Court of Cundinamarca showing that the Colombian… Read More »
Nepal’s Shree Airlines ventures into international market
Shree Airlines (N9, Kathmandu) is set to venture into the international market with its first flights abroad due to start… Read More »
Thai Airways formally enters business reorganisation
Thailand’s Central Bankruptcy Court has allowed flag carrier Thai Airways International (TG, Bangkok Suvarnabhumi) to enter into a business reorganisation… Read More »
New AirAsia Group MRO unit may save $240mn a year in costs
AirAsia Group has created a new MRO company, Asia Digital Engineering, a wholly-owned subsidiary that will provide engineering services for… Read More »
American Airlines mulls B737 MAX deferrals
American Airlines (AA, Dallas/Fort Worth) is in negotiations with Boeing over the potential deferral of eighteen B737-8s due in 2021… Read More »
Air New Zealand to park Boeing 777s through late 3Q21
Air New Zealand (NZ, Auckland Int’l) will keep all 15 of its B777s grounded through at least September 2021, with… Read More »
US court rejects LATAM’s $2.45bn financing deal
The US Bankruptcy Court for the Southern District of New York has rejected USD2.45 billion debtor-in-possession (DIP) financing secured by… Read More »
Etihad SPV bondholders reject Air Seychelles debt plea
A debt restructuring request emanating from Air Seychelles (HM, Mahé) has been rejected by bondholders of Etihad Aviation Group’s Netherlands-based… Read More »
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 »