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Virgin America shareholders okay Alaska Airlines buy-out

Virgin America (VX, San Francisco, CA) says a majority of its shareholders have approved a planned merger with Alaska Air Group, Inc. (NYSE: ALK), the parent company of Alaska Airlines, Inc.

In April this year, Alaska Air Group agreed to pay USD57 per Virgin America share bringing the overall value of the transaction, inclusive of existing Virgin America indebtedness and capitalized aircraft operating leases, to approximately USD4 billion.

The two airlines anticipate they will obtain ...

EC seeks arbitration over Norwegian Air Int'l's FACP

The European Commission (EC) is set to seek arbitration to settle a dispute between Norwegian Air International (D8, Dublin Int'l) and the United States over the latter's protracted dalliance in awarding the former a Foreign Air Carrier's Permit (FACP).

Sources who spoke to Reuters on condition of anonymity said EU Transport Commissioner Violeta Bulc had sent a letter to US Secretary of Transportation Anthony Foxx informing him of the EC's decision to resolve the impasse through ...
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21 Air set to begin domestic US charter flights

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South Korean LCC Eastar Jet joins U-Fly alliance

South Korea's Eastar Jet (ZE, Seoul Gimpo) has become the latest Asian budget carrier and the first non-HNA Group member to join the U-Fly alliance.

"The new airline will open up more destinations across Northern Asia and enable travellers to access U-Fly Alliance connections in Seoul Incheon, Busan, Jeju and many more exciting cities," a press release said.

Eastar Jet currently operates three B737-700s and fourteen B737-800s on flights connecting twenty-two cities across South Korea, ...

Amerijet Int'l sold to new investor

US private equity firm HIG Capital says it has sold its portfolio company, Amerijet International (M6, Fort Lauderdale Int'l), to an affiliate of ZS Fund L.P., a middle-market focused private equity firm, for an undisclosed sum.

“HIG has been an ideal and patient partner over the past fifteen years,” David Bassett, the founder of Amerijet, said. “HIG supported Amerijet through numerous strategic initiatives since investing in the company in 2001, enabling Amerijet to access new markets, ...

Malaysia Airlines orders up to fifty B737 MAX

Malaysia Airlines (MH, Kuala Lumpur Int'l) has placed a firm order with Boeing (BOE, Chicago O'Hare) for twenty-five B737 MAX 8s. The order, previously attributed to an unidentified customer, also includes purchase rights for a further twenty-five B737 MAX 8 and 9s. Deliveries will commence in 2019.

The Malaysian national carrier currently operates fifty-six B737-800s with an overall average age of 4.3 years.

Canadian North to lease an ATR42 in late 3Q

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Siam Air temporarily suspends Macau flights

Siam Air (O8, Bangkok Don Mueang) was ordered to suspend its daily Bangkok Don Mueang-Macau Int'l service for not meeting Macau's minimum capitalization requirements.

The Macau Business Daily reports the suspension was effected on Friday, July 22 after the carrier failed to settle dues owed to the Macau International Airport Company Ltd. However, ch-aviation analysis of flightradar24 ADS-B data show the flights have once more resumed.

Siam Air operates a fleet of two B737-300s and two ...

Kenya Airways mulls debt-to-equity deals to ease pain

Kenya Airways (KQ, Nairobi Jomo Kenyatta) is considering debt-to-equity deals as one of the possible solutions to its ongoing financial woes. The revelation comes as the struggling carrier's financial standing worsened last week after it reported its fourth straight annual loss.

For the year ending March 31, 2016, Kenya Airways posted a net loss of USD262 million which it blamed on a strengthening US dollar, increased borrowing costs as well as fuel hedge losses. In all, its state of ...

Germany's 4K invest assumes full ownership of Adria Airways

Adria Airways (JP, Ljubljana) majority shareholder and 4K Invest subsidiary, AA International Aviation Holding, says it has acquired the remaining 0.86% in outstanding Adria stock that it did not control originally.

The transaction, valued at EUR9,900 (USD10,800), now gives the German-run private equity firm full control of the carrier's shareholding.

According to the Slovenian Press Agency (STA), the move will allow for the further simplification of management which should translate into ...

Brazil's Flyways Linhas Aéreas sold off

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Utility Aviation eyes NY ad-hoc heli-charter market

Utility Aviation (Fort Collins) has applied to US Department of Transportation (DOT) for authority to conduct scheduled passenger operations as a commuter air carrier.

In its application, the Colorado-based helicopter operator says it intends to deploy twelve Eurocopter AS355s on regular flights to various FAA-approved helipads in New York City as well as: Kearny, NJ; Montauk; East Hampton Bistrians Heliport, New York JFK; Newark; New York La Guardia; Teterboro; White Plains; and Temple, TX. ...

Air India studying Pune base for Maharashtra state ops

Mukesh Bhatia, Air India's western region (India) director, says the carrier is considering using Pune as a possible base for its Maharashtra state operations given Mumbai Int'l's growing lack of available slots.

Speaking to DNA news, Bhatia said Pune, at just 120 kilometres from Mumbai, could be used as an alternative hub to serve other regions in the state such as Nanded, Amravati, Nashik and Shirdi.

"We may connect these cities may be by using Pune as our base and connecting it once ...

jetBlue ramps up A321 order; confirms A321neo LR plans

jetBlue Airways (B6, New York JFK) says it has amended its purchase agreement with Airbus Industrie (AIB, Toulouse Blagnac) to bring thirty additional A321 aircraft into its fleet over a seven-year period beginning next year.

Under the terms of the amendment, the LCC will take delivery of fifteen A321ceo beginning with five in 2017, four in 2018, and six in 2019. Then, beginning in 2020, it will take delivery of the first three of fifteen A321neo followed by four more in each of 2021, 2022, ...

Malaysia investigating Suasa, Monspace Airlines

Monspace Sky Airlines (Kuala Lumpur Subang) and Suasa Airlines (Kuala Lumpur Subang) have landed themselves in hot water with the Malaysian Aviation Commission (MAVCOM) after local media reports showed the two had collaborated in holding a launch flight this weekend despite neither being certified to do so.

MAVCOM said in a statement that it has now launched formal investigation into Suasa Airlines given that it does not possess either an Air Services Permit (ASP) let alone an Air Operators ...

China's Lucky Air eyes B787s for longhaul LCC ops in 4Q

Lucky Air (China) (8L, Dali City) will acquire an undisclosed number of B787-9s for use in opening up planned new longhaul routes to Europe and North America later this year.

The move was revealed in the Hainan Airlines (HU, Haikou) subsidiary's application to the Civil Aviation Administration of China (CAAC) for authority to begin 2x weekly flights from Kunming Changshui to each of Moscow and Los Angeles Int'l.

Should the flights commence in December this year as proposed, it will render ...

China's Sichuan Airlines to axe Australia flights

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TAP Portugal to resume Guinea-Bissau ops in 4Q

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Greece's Sky Express adds maiden ATR42-500

Sky Express (Greece) (GQ, Heraklion) has added a maiden ATR42-500 to its fleet following the delivery of F-GYPA (cn 457) last week.

The former HOP!-Airlinair (AN, Paris Orly) turboprop arrived in Greece on July 21 where it joined two ATR42-300s and three Jetstream 41s used on scheduled passenger flights throughout Greece.

Iran's Nasim Air adds maiden B737 Classic

Nasim Air (Isfahan Int'l) has added a maiden B737-400 to its fleet in the form of PK-CKA (msn 25169). The ex-Sriwijaya Air (SJ, Jakarta Soekarno-Hatta) machine was ferried to Isfahan Int'l from Jakarta Soekarno-Hatta via Colombo Int'l on July 22 Skyliner Aviation reports.

The Iranian start-up, which is part owned by Mahan Air (W5, Tehran Mehrabad), has alluded to acquiring up to eight B737 Classics for use on domestic and regional flights.

Transavia leasing a Canadian B737 this summer

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Tanzania orders two Q400s

The Tanzanian government has signed a firm order agreement with Bombardier (BBA, Montréal Trudeau) for two Dash 8-400s. The turboprops, once delivered, will likely be placed with Air Tanzania (TC, Dar-es-Salaam) as part of its fleet renewal programme.

Air Tanzania currently operates one Dash 8-300 on regular flights to Kigoma, Moroni Int'l, Mtwara, and Mwanza from its Dar-es-Salaam hub.

Ubari, Libya resumes scheduled services

Ubari, an oasis town in Libya's southwestern Sahara desert, is set to resume scheduled flights on July 25 via a weekly return service to Tripoli Mitiga operated by Afriqiyah Airways (8U, Tripoli Mitiga).

Until now, residents have had to travel 400 kilomtres south-west to Ghat or 200 kilometres north-east to Sebha, in order to fly to the capital.

The Libya Herald reports the launch is a direct result of the sustained ceasefire between warring Tuareg and Tebu factions brokered by Qatar in ...

Iran Aseman considering Mitsubishi Regional Jet order

Iran Aseman Airlines (EP, Tehran Mehrabad) is destined to acquire the bulk of a proposed order for twenty-five MRJ90s Iran's Deputy Transport Minister Asghar Fakhrieh Kashan has said.

Speaking to the Iranian Labour News Agency (ILNA), Kashan said talks with the Mitsubishi Aircraft Corporation (Nagoya Chubu) were still in their early stages with no definitive agreement yet signed.

He added that while Iran Aseman Airlines would be the largest recipient of aircraft, the order would also cater ...