Tenerife hoteliers plan new airline, buy first A320
Fearful of a protracted drop in visitor numbers to the Canary Islands, a group of hoteliers on Tenerife have announced a plan to start their own, as yet unnamed, airline.
Flights will begin this winter season, the group of more than a dozen entrepreneurs said in a statement posted on the website of the local hotel association (Asociación Hotelera y Extrahotelera de Tenerife, La Palma, Gomera y Hierro - Ashotel) on June 27.
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Aeroméxico files for Chapter 11 bankruptcy protection
Aeroméxico (AM, México City Int'l) has joined the ranks of fellow Latin American major airlines Avianca Airlines (AV, Bogotá) and LATAM Airlines (LA, Santiago de Chile Int'l) in filing...
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Read morech-aviation fleets ownership data now includes aircraft valuations
Our ch-aviation Fleet Ownership now literally brings more value to your business. ch-aviation has teamed up with Collateral Verifications to introduce aircraft valuation data for ch-aviation PRO subscribers.
Read moreDenmark's Jet Time fires 90% of employees
Jet Time (JTG, Copenhagen Kastrup) has terminated more than 90% of its employees in Denmark, 313 out of 342 of them, including pilots, cabin crew, and mechanics, the Danish radio station DR reported, while also aiming to reduce its all-leased fleet.
The charter and ACMI specialist typically flew around 400,000 Danes, Finns, and Swedes per year, mainly to Mediterranean holiday destinations, for TUI Group and other tour operators. The collapse of...
Norwegian cancels entire Boeing order backlog
Norwegian (DY, Oslo Gardermoen) has cancelled all of its outstanding orders for Boeing aircraft, comprising ninety-two B737-8s and five B787-9s, and has also issued a notice to the manufacturer demanding...
Contacts now available for download
You are able to filter contacts by airline type, airline location, airlines fleet details or even engine details! Last, but not least, we included the option to search by personal details like name or job title.
Read moreAirline data is now available for download
We follow more than 10,000 organizations worldwide which are recognised as “an airline”. These are scheduled airlines, divisions, charter companies, virtual carriers, cargo airlines, business airlines, government companies or manufacturers and key suppliers operating aircraft for testing, production and other functions.
Read moreGov't hands Air Côte d'Ivoire $24mn in funding
Air Côte d'Ivoire (HF, Abidjan) has received XAF14 billion CFA francs (USD24 million) from the Ivorian government to keep it operating as domestic and international flights resume, CEO René Decurey told Reuters in an interview.
Domestic flights resumed on June 26 after a three-month suspension, and Côte d'Ivoire's majority state-owned flag carrier plans to restart international flights on July 1, the Ivorian government announced last week.
Air Côte d'Ivoire will take...
Vietnam suspends 27 Pakistani pilots amid licence scandal
The Civil Aviation Administration of Vietnam (CAAV) has suspended 27 pilots from Pakistan employed at Vietnamese carriers, a few days after PIA - Pakistan International Airlines grounded 150 of its 426 pilots on suspicions...
ch-aviation will speed up fleet data development in 2020
Seeing growing demand for airline data intelligence in these times of unprecedented changes in the industry, ch-aviation is speeding up our planned fleet data developments to deliver more data for our customers.
Read moreThe news you need - your way
We just launched a new News search and filtering tool to enable you to stay ahead of the competition with the latest industry updates. In times like these, it’s all about the news.
Read moreVirgin Atlantic seeks $1.1bn rescue deal within days
Virgin Atlantic (VS, London Heathrow) has set an “informal deadline” of the end of this week to finalise a deal that secures up to GBP900 million pounds (USD1.1 billion) in private funding, having concluded that it is unlikely to secure an emergency government bailout, Sky News reported.
The airline is simultaneously in talks with hedge funds about borrowing around GBP250 million (USD307 million) plus more than GBP200 million (USD245 million) from shareholders...
Air Canada cuts domestic routes, stations
Air Canada (AC, Montréal Trudeau) has announced drastic cuts to its domestic Canadian network as it grapples with reduced demand brought on by the COVID-19 pandemic and its corresponding government-imposed travel restrictions.
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Read moreUkraine's Windrose Airlines takes first ATR72-600
Windrose Airlines (7W, Kyiv Boryspil) took delivery of its first ATR72-600 on June 25 and deployed the turboprop on scheduled domestic routes on June 27.
UR-RWA (msn 1178), a 5.8-year-old ex-Firefly (FY, Penang) aircraft, is dry-leased from Nordic Aviation Capital. It was ferried to Kyiv Boryspil after maintenance at Bydgoszcz on June 25. Since June 27, it has been used on routes from the Ukrainian...
New York court summons Etihad over $1.2bn debt feud
A court in New York has given subpoenas to Etihad Airways (EY, Abu Dhabi Int'l) and Fitch Ratings Inc., as part of its efforts to track down a document at the centre of...
Aircraft have lost 11% of their value on average
We see that the average aircraft monitored by Collateral Verifications saw an 11% value reduction since the beginning of 2020. This is a significant drop in aircraft values during this unprecedented crisis for the industry.
Read moreWe should call it recovery: 19 new aircraft delivered in May
New aircraft deliveries almost dried up in April, when we saw just 15 aircraft delivered by all manufacturers. In May, there was a small sign of recovery – 19 brand-new aircraft were delivered globally.
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