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 »
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 »