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 »
Avianca resumes int’l flights from three hub countries
Avianca Airlines (AV, Bogotá) resumed international flights from San Salvador Int’l, in El Salvador, and Managua, in Nicaragua, on September 19, 2020, and from Medellín… Read More »
Aer Lingus launches tender for Regional ops
Aer Lingus (EI, Dublin Int’l) has launched a tender for the operation of its Aer Lingus Regional brand ahead of… Read More »
SAA lands partial funding for restructuring plan
The administrators of South African Airways (SA, Johannesburg O.R. Tambo) will decide on the future of the airline next week… Read More »
Oman poised to resume international flights
Oman Air (WY, Muscat), the national carrier of the Sultanate of Oman, resumes scheduled services on October 1, 2020 with… Read More »