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 »