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IndiGo's parent InterGlobe files plan for $400mn IPO

IndiGo Airlines (6E, Delhi Int'l) parent, InterGlobe Aviation Ltd, has filed a preliminary IPO prospectus with the Securities and Exchange Board of India (SEBI) ahead of a proposed debut on the Mumbai Stock Exchange later in the year.

According to the document, the firm is planning to raise up to USD400 million through the sale of up to INR12.7 billion (USD199.64 million) worth of new shares, and the sale of up to 30.15 million of existing shares. Overall, approximately 12% of InterGlobe's ...

Ryanair to redeploy Copenhagen-based B737 to Lithuania

Ryanair (FR, Dublin Int'l) says it will transfer its sole Copenhagen Kastrup-based B737-800 to Lithuania with effect from July 14 in retaliation for last week's Danish Labour Court (Arbejdsretten) ruling which allows the Danish Confederation of Trade Unions (Landsorganisationen i Danmark - LO) to take industrial action against the budget carrier. Defiant, the airline maintains that it will continue with its normal Copenhagen operations as its non-based aircraft cannot be blockaded or interfered ...

Austrian picks initial EMB-195 network

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VietJetAir inks A321 lease deal with AWAS

VietJetAir (VJ, Hanoi) has signed long-term lease agreements with Ansett Worldwide Aviation Services (AWAS) for two A321-200 (sl)s due for delivery later this year. The Vietnamese LCC currently operates one of the type with an additional thirteen on order from Airbus Industrie (AIB, Toulouse Blagnac).

“Vietjet has grown faster than expected in the last few years and our previous purchasing plans for new aircraft could not keep up with developing demand," Ms. Nguyen Thi Phuong Thao, President ...

Armenia's Taron Avia eyes Russia flights from late 3Q

Taron Avia (TRV, Erebuni) is planning to deploy its fleet of three B737-500s on scheduled flights to Russia later this quarter airline chairman Garnik Papikyan has told ATO news in an interview.

Papikyan says he sees strong potential in the Armenia-Russia market.

"We will be based in Yerevan," he said. "From the Armenian capital, we mainly want to fly to Moscow, St. Petersburg, Nizhniy Novgorod, Rostov, Krasnodar, Adler/Sochi, Volgograd, Voronezh Chertovitskoye and others."

Presently, ...

Russia's MetroJet to bring entire A321 fleet in-house

MetroJet (Russia) (7K, Kogalym) has announced it has signed a contract to acquire four of its five leased A321-200s. The fifth aircraft has already been acquired and will begin operations for local tour operator Brisco (ex-Lagina Travel) this summer, it said.

Founded in 2012, MetroJet is a joint venture between TUI Russia & CIS and Kolavia (7K, Kogalym).

Estonian court declares Avies bankrupt

A northern Estonian court has declared Avies (U3, Tallinn Lennart Meri) bankrupt following a petition submitted by two of the carrier's Swedish business partners, SwedeWings AB and Bromma Air Maintenance AB.

The firms filed a bankruptcy motion after the Estonian carrier failed to settle their claims and was late in discounting assets on its balance sheet.

The carrier had earlier told the LETA news agency that despite plummeting revenue inflows, it itself did not see any danger of ...

Indonesia Lion Air gets nod to resume route applications

Lion Airlines (JT, Jakarta Soekarno-Hatta) has submitted applications to the Indonesian Directorate General Of Civil Aviation (DGCA) for forty-four new routes after a four-month long ban was lifted on June 25.

Hadi M Djuraid, a senior advisor to the Indonesian Ministry of Transport, told the Kompass newspaper that while the LCC had indeed submitted its applications, the Ministry had not yet approved them. He said Lion Air had not furnished the Ministry with details concerning requested ...

Pakistan's Air Indus overturns CAA's grounding order

Air Indus (I6, Karachi Int'l) has been given the go-ahead to maintain operations after a Sindh High Court overturned a Pakistan Civil Aviation Authority (PkCAA) directive grounding the carrier from Wednesday, July 1.

According to Pakistan's Dawn News, the PkCAA had invoked the country's National Aviation Policy 2015 legislation to order Air Indus to suspend operations claiming the carrier operated under "unsafe conditions" and "persistently violated air safety regulations".

“Despite ...

Congo Airways acquires two ex-Alitalia A320s

Congo Airways (Kinshasa N'Djili) has acquired two A320-200s from Alitalia (AZ, Rome Fiumicino) a Congolese government source has told the Agence France-Presse (AFP). Though the start-up had planned to begin operations at the end of June, Congolese Prime Minister Augustin Matata Ponyo has now set an August launch date with the first of the A320s scheduled to arrive this month while the other will de delivered later next month.

From its Kinshasa N'Djili hub, Congo Airways will initially offer ...

Cebu Pacific to transform Cebgo into an all-prop operation

Cebu Pacific Air (5J, Manila) President and Chief Executive Officer (CEO), Lance Gokongwei, has outlined the airline's longterm plans which will see all jet operations eventually being consolidated under Cebu Pacific while all turboprop operations will be placed under its Cebgo (DG, Manila) subsidiary.

Speaking at Cebu's annual stockholders meeting in Manila this week, Gokongwei said that between now and 2022, the Filipino carrier would retire a total of twenty-one aircraft including six ...

SAA refutes Emirates deal walk-out; claims talks still on

South African Airways (SA, Johannesburg O.R. Tambo) has refuted reports in the local press claiming the carrier had walked out of a strategic partnership agreement with Emirates (EK, Dubai Int'l) at the eleventh hour.

Late last month, South Africa's Times newspaper claimed SAA executives had failed to pitch up for the signing of an expanded code-share agreement with the Dubai-based carrier. Emirates president, Tim Clark, was reportedly to have signed on his airline's behalf at the ceremony ...

Virgin Atlantic to cut 500 white-collar jobs

Virgin Atlantic (VS, London Heathrow) says it will trim 500 support and managerial posts over the next few months as it aims to achieve what it terms 'record levels of sustained profitability by 2018.' Cuts will be achieved through a combination of natural attrition, redeployment and redundancies.

Virgin says the drive to reduce non-fuel costs are part of a transformation plan whose overall objective is to produce a simpler, more efficient hierarchy featuring fewer management layers. By ...

Ryanair awarded Amsterdam Schipol slots

Stichting Airport Coordination Netherlands (SACN), the organization responsible for the allocation of take off and landing slots at Dutch airports, has awarded nine daily slots at Amsterdam Schiphol airport to Ryanair (FR, Dublin Int'l).

Speaking to De Telegraaf newspaper, the managing director of SACN, Caroline Ditvoorst, said that if taken up, Ryanair could use the slots for commercial flights beginning this winter. The Irish LCC has until August 31 to decide whether or not to use the ...

Nigeria's Med-View set to add an ex-AeroMéxico B767 shortly

Med-View Airline (VL, Kano) will shortly take delivery of a former AeroMéxico (AM, México City) B767-300 under a lease-purchase deal signed with Dutch lessor, Aercap, earlier this year. According to Skyliner Aviation, 5N-BQN (msn 26261) was recently spotted at Goodyear featuring the Nigerian carrier's livery ahead of its ferry flight to West Africa.

Med-View is planning to use the aircraft, set to become its first owned widebody aircraft, on long touted flights from Abuja to Dubai Int'l via ...

Ryanair to close Copenhagen base over labour dispute

Ryanair (FR, Dublin Int'l) has announced it is to stop basing aircraft in Denmark following a Danish Labour Court (Arbejdsretten) ruling which allows the Danish Confederation of Trade Unions (Landsorganisationen i Danmark - LO) to take industrial action against the budget carrier.

"We will continue to operate 12 routes to/from Copenhagen Kastrup but on aircraft based outside of Denmark, as we are determined to grow Danish tourism and jobs, at a time when ...

Slovenia formally puts Adria Airways stake up for sale

Adria Airways (JP, Ljubljana) has officially been put up for sale after the Slovenian government issued a request for Expressions of Interests (EOI) in a majority stake in the carrier on Wednesday, July 1. This is the former Yugoslav Republic's second attempt at privatizing the airline after a previous one in 2012 failed to garner any viable responses.

Ljubljana said in a statement that state-controlled enterprises including the Slovenian Sovereign Holding (Slovenski Državni Holding - SDH), ...

Lufthansa looking to sell off Luxair stake

Luxembourg's Infrastructure Minister Francois Bausch has confirmed local media reports that Lufthansa (LH, Frankfurt Int'l) is looking to dispose of its 13% stake in Luxair (LG, Luxembourg).

Speaking before the country's parliament on Wednesday, Bausch said he had indeed received a letter from the German carrier stating its intention to sell. According to Luxembourg's Wort newspaper, Lufthansa is in the process of reorganising its portfolio and is looking to sell its stake given that it does ...

Cyprus' Tus Airways aiming to launch this month

Tus Airways (Larnaca) is planning to commence scheduled passenger operations later this month using a Saab 340B, formerly in service with Golden Air (Sweden) (DC, Trollhättan) as SE-F67 (cn 167).

Beginning July 8, the start-up will offer a twice-weekly Paphos-Haifa service to be followed on July 15 by a string of new routes out of Larnaca to Beirut, Haifa, Kos and Samos. Thereafter, on July 18, Larnaca-Karpathos flights will also launch.

The status of Tus Airways's AOC certification bid ...

Titan Airways to begin London-Gambia flights this October

Titan Airways (ZT, London Stansted) is to shift one of its three London Stansted-based A320-200s to London Gatwick for use on flights to Banjul, Gambia beginning later on in winter this year.

Operating in partnership with tour operator, The Gambia Experience, the flights will operate up to 3x weekly from mid-October 2015 up to the end of April 2016.

Gambia last saw direct scheduled flights to the United Kingdom through the now defunct Gambia Bird (3G, Banjul) subsidiary of ...

Kuwait Airways to end A300, A310 operations this year

Kuwait Airways (KU, Kuwait) is to retire its fleet of five A300-600s and three A310-300s at the end of the year the airline's Chief Executive Officer (CEO) Rasha Al Roumi has revealed. The types are currently used on flights throughout the Gulf, the Middle East, Europe, North Africa, and the Indian subcontinent.

Al Roumi told a press conference last week that the removal of older jets would coincide with the arrival of new aircraft the most recent of which was an A330-200 - the first of five ...