Minnesota’s Sun Country moots IPO plans while cutting jobs
US low-cost carrier, Sun Country Airlines (SY, Minneapolis/St. Paul), plans to make another push for an initial public offering in… Read More »
India’s airlines owe airport authority $328mn
Airlines have overdue payments owed to the Airports Authority of India (AAI) totalling INR24 billion rupees (USD328 million), due to… Read More »
LIAT may return to Caribbean skies in mid4Q20
Caribbean regional airline, LIAT (LI, Antigua), currently in administration, may return to operations as early as November 2020, according to… Read More »
Emirati investor to bid for Israel’s Israir
Building on the recent normalisation of ties between the United Arab Emirates and Israel, and hopeful to capitalise on the… Read More »
Garuda Indonesia secures $68mn export-boosting state loan
Garuda Indonesia (GA, Jakarta Soekarno-Hatta) has managed to secure an IDR1 trillion rupiah (USD67.9 million) loan facility from the Indonesian… Read More »
Korea’s Eastar Jet to slash staff numbers to lure investor
Eastar Jet (ZE, Seoul Gimpo) revealed on October 13 that it would have to lay off more than half of… Read More »
American Airlines ramps up Caribbean service
American Airlines (AA, Dallas/Fort Worth) has geared up the resumption of its services across the Caribbean, adding 300 weekly flights… Read More »
Italy’s Neos replaces B767-300(ER)s with second-hand B787-9s
Neos (NO, Milan Malpensa) has agreed to take over two dry-leased B787-9s from Norwegian (DY, Oslo Gardermoen), which is in… Read More »