South Africa’s Mango resumes ops after agreement with MRO
Mango Airlines (JE, Johannesburg O.R. Tambo) resumed in-house flight operations on October 3, 2020, after reaching an agreement with sister… Read More »
Nigeria’s Ibom Air reveals growth plans
Nigeria’s Ibom Air (QI, Uyo) plans to double its Bombardier Aerospace fleet in the next three years and aspires to… Read More »
Greece’s Aegean Airlines defers A320neo Family deliveries
Aegean Airlines (A3, Athens Int’l) has announced in its quarterly earnings release that it will defer deliveries of eleven A320neo… Read More »
EgyptAir obtains $191mn loan to pay external loans, leases
Egypt’s Ministry of Finance approved on September 29 “long-term financing” of EGP3 billion Egyptian pounds (USD191 million) to EgyptAir (MS,… Read More »
AirAsia Japan’s future hangs in the balance
AirAsia Group has tentatively approved the closure of its AirAsia Japan (DJ, Nagoya Chubu) unit, with a formal announcement expected… Read More »
Australia’s Rex to add B737s in mid-4Q20
Rex – Regional Express (ZL, Wagga Wagga) has confirmed it has signed dry-lease agreements with two lessors covering a total… Read More »
Air Serbia settles $57.6mn debt with Etihad bondholders
Air Serbia (JU, Belgrade) managed to repay a USD57.6 million loan from Etihad Airways special purpose vehicle EA Partners I… Read More »
Nigeria’s Green Africa Airways postpones launch to 1Q21
The launch date for Nigerian start-up Green Africa Airways (Q9, Lagos) has been delayed to early 2021, with the airline… Read More »
Japan’s Peach Aviation takes delivery of first A320neo
Peach Aviation (MM, Osaka Kansai) has taken delivery of its first A320-200N and plans to induct the type into revenue… Read More »
New York’s Hopscotch Air finds new market gap
Fear of commercial flights during the pandemic has opened a market gap for New York-based air taxi firm Hopscotch Air… Read More »
Canada’s Air North warns of further job cuts
Canada’s Air North (4N, Whitehorse Int’l) has warned it may have to make further job cuts when the federal government… Read More »
Utah’s SkyWest enters $573mn CARES Act facility, draws $60mn
SkyWest, the holding company for SkyWest Airlines (OO, Salt Lake City) and SkyWest Leasing, has entered into a five-year loan… Read More »
Utah’s Breeze Aviation to launch in 1Q21 with scheduled ops
Breeze Airways (MXY, Salt Lake City) has abandoned plans to launch as a charter operator first before venturing into scheduled… Read More »
Employees bear brunt of Caribbean Airlines’ cost cuts
Caribbean Airlines (BW, Port of Spain) is to save USD1.6 million a month by furloughing 33% of its employees and… Read More »
Reeve Air Alaska to launch scheduled commuter ops
The US Department of Transportation has tentatively granted Reeve Air Alaska (RVV, Anchorage Ted Stevens), an air taxi operator, scheduled… Read More »
US Treasury firms loans to seven airlines under CARES
The US Treasury has closed loan agreements with seven major carriers and expects the amount of funding available to each… Read More »
Malaysia Airlines defers sukuk payments by six months
Malaysia Airlines (MH, Kuala Lumpur Int’l) has issued deferral notices to holders of MYR1.5 billion ringgit (USD361 million) in sukuk… Read More »
Air NZ taps $72.5mn of gov’t loan, to raise capital in 2021
Air New Zealand (NZ, Auckland Int’l) has started to draw down on a NZD900 million New Zealand dollar (USD593 million)… Read More »
New Zealand’s Glenorchy Air adds maiden C208B
Glenorchy Air (Queenstown) has added its first Cessna (single turboprop) 208B Grand Caravan EX, local aviation blog 3rd Level New… Read More »
Japan’s ANA Holdings mulls ¥200bn public offering
ANA Holdings is considering a public offering of about JPY200 billion yen (USD1.89 billion), sources told Nikkei on September 25,… Read More »
PIA offers $78mn voluntary separation scheme to 3,200 staff
PIA – Pakistan International Airlines (PK, Islamabad Quaid-e-Azam Int’l) will introduce a voluntary separation scheme to cut down its excessive… Read More »
El Al pleads to ministers not to cede control to non-Israeli
El Al Israel Airlines (LY, Tel Aviv Ben Gurion) is pushing back against the acquisition of a controlling 43% stake… Read More »