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 »