Jiangxi Airlines (RY, Nanchang) has set its sights on securing its Air Operators Certificate (AOC) from the Civil Aviation Administration of China (CAAC) before year-end in time for an early 2016 launch.
Dimonim Air (Jakarta Soekarno-Hatta) has leased a pair of DHC-6-300s from US-based firm, CAAMS Leasing. PK-HVM (cn 620) and PK-HVN (cn 389) arrived in Indonesia in September just prior to the implementation of a new Ageing Aircraft Law which requires aircraft going onto the Indonesian register to be 10 years old or less.
Azul Linhas Aéreas Brasileiras (AD, Campinas Viracopos) and HNA Group have announced a strategic partnership wherein the Chinese conglomerate will acquire a 23.7% stake in the Brazilian carrier for USD450 million. As Azul's single largest shareholder, HNA will be able to appoint new members to the board of directors.
“HNA Group sees in Azul a solid investment with high growth potential. The USD450 million investment, considering Brazil’s current macroeconomic situation, demonstrates that we ...