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Latest news
Tunisair wet leases A330-300 and B787-9
This article is only available with a subscription for Commercial Aviation News, Operator & Airport Data.
01May2026
Nigeria caps jet fuel prices to avert disruptions
Nigeria's government has set indicative price ranges for jet fuel and allowed airlines to buy supplies on credit to prevent flight disruptions, after carriers warned that fuel costs had risen by more than 270%, Reuters reported citing a government document.
The Nigerian Midstream and Downstream Petroleum...
Nigeria's government has set indicative price ranges for jet fuel and allowed airlines to buy supplies on credit to prevent flight disruptions, after carriers warned that fuel costs had risen by more than 270%, Reuters reported citing a government document.
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) said aviation fuel should sell for NGN1,760-1,988 naira (USD1.28-1.44) per litre in Lagos and NGN1,809-2,037 (USD1.30-1.48) per litre in Abuja, based on benchmarks from April 17-23, 2026. It warned that prices could still rise because of market volatility linked to the Middle East conflict and higher supplier costs.
The measures follow earlier emergency talks after the Airline Operators of Nigeria (AON) warned of a nationwide shutdown over the rise in Jet A1 prices. As ch-aviation reported, the AON said fuel prices had jumped from about NGN900 (USD0.65) per litre on February 28 to NGN3,300 (USD2.40) on April 16.
President Bola Tinubu approved 30% relief on airlines' outstanding obligations to aviation agencies and directed fuel marketers, airlines, and regulators to agree on a "fair" fuel price to prevent a sector-wide shutdown. Aviation minister Festus Keyamo had earlier said Tinubu had agreed in principle to partially write off liabilities owed by domestic carriers.
The talks also agreed to give airlines a 30-day credit window to pay for fuel and tasked the Ministry of Aviation and Aerospace Development with mediating debt disputes between operators and oil marketers. A technical committee convened by NMDPRA recommended that fuel marketers sell directly to airlines within the indicated price range to reduce costs and improve supply-chain transparency.
The committee also called for engagement with Dangote Petroleum Refinery and Petrochemicals regarding higher premiums applied to international jet fuel benchmarks. It further proposed stricter validation of airside fuel distributors, which could reduce the number of approved suppliers, and suggested including jet fuel in Nigeria's naira-for-crude scheme to reduce airlines' foreign exchange exposure.
Air Peace, MaxAir (Nigeria), and Overland Airways are among the largest scheduled carriers in the country by aircraft in operation, according to ch-aviation data, and are among 40 full-time members of the AON, based on the association's website.
01May2026
Consortium moves to acquire 100% ownership of PIA
Pakistan's competition regulator has approved the acquisition of PIA - Pakistan International Airlines (PK, Islamabad International) by PIA Equity Limited, clearing another regulatory step towards the full privatisation of the flag carrier. The special purpose vehicle was incorporated by a consortium comprising Arif Habib...
Pakistan's competition regulator has approved the acquisition of PIA - Pakistan International Airlines (PK, Islamabad International) by PIA Equity Limited, clearing another regulatory step towards the full privatisation of the flag carrier. The special purpose vehicle was incorporated by a consortium comprising Arif Habib Corporation, Fatima Fertiliser Company, Lake City Holdings, City Schools, and AKD Group Holdings. The regulator also said that the new owner had formally moved to acquire the remaining 25% stake in PIA, as was the consortium's goal.
01May2026
Germany's Atlas Air Service surrenders AOC, divests fleet
This article is only available with a subscription for Business Jet News.
01May2026
Wheels Up completes fleet modernisation ahead of schedule
Wheels Up (WUP, Teterboro) has completed a fleet modernisation strategy announced in late 2024, finishing it 18 months ahead of schedule. The company has transitioned all executive jet operations to Challenger 300 and Phenom 300 family aircraft, replacing Citation Jet 3, Citation Excel, Citation X,...
Wheels Up (WUP, Teterboro) has completed a fleet modernisation strategy announced in late 2024, finishing it 18 months ahead of schedule. The company has transitioned all executive jet operations to Challenger 300 and Phenom 300 family aircraft, replacing Citation Jet 3, Citation Excel, Citation X, and Hawker 400XP series types.
“Retiring our legacy jet fleets from revenue service repositions our offering to a more consistent, premium, and operationally efficient experience for our members and customers,” said chief executive George Mattson.
Wheels Up retired the Citation Jet 3 in mid-2025, followed by the Citation Excel later that year. At the time the modernisation plan was announced, the company operated sixteen Citation Jet 3 series and sixteen Citation Excel family aircraft.
While several Citation Jet 3s remain in storage, eight units have been inducted by Part 135-certified operators, including four by Alante Air Charter. Among Citation Excel series aircraft, Contour Aviation now operates eight units, while other Part 135-certified companies have inducted additional aircraft.
As of December 31, Wheels Up's fleet comprised twenty-two Citation X and nineteen Hawker 400XPs, all now retired. The company said that member commitments, including those linked to Citation X and Hawker 400XP aircraft, will continue to be fulfilled through third-party partner operators.
Ten Citation X aircraft were phased out after the modernisation plan was announced, with wholesale charter specialist Baker Aviation adding three, while other Part 135 operators inducted additional units. Nine Hawker 400XP jets were also retired during the same period. Fly Alliance, which had already taken three former Wheels Up Citation Excels, added three Hawker 400XPs.
Wheels Up's legacy jet fleet has been replaced by Phenom 300 and Challenger 300 aircraft. The company currently operates twenty Phenom 300s, six Phenom 300Es, and ten Challenger 300s. Earlier in 2026, it outlined plans to “nearly double” the number of Phenom 300 and Challenger 300 family aircraft in operation.
Initial Phenom 300 operations began in November 2024 under the Part 135 certificate of GrandView Aviation, before transfer to Wheels Up's own certificate in April 2025. The first Challenger 300 was acquired in March 2025 and entered revenue service the following month.
Wheels Up's Phenom 300-series jets were manufactured between 2012 and 2021. Nine were sourced outside the transaction that included GrandView Aviation’s fleet of seventeen Phenom 300 and Phenom 300Es. Of the nine, seven previously operated in the United States, with one registered in the United Kingdom and another in Germany.
Meanwhile, Wheels Up's Challenger 300s were built between 2010 and 2014, with two older units manufactured in 2001 and 2007. All were previously registered in the United States, except one that operated in Canada.
“We are encouraged by the higher customer satisfaction ratings we are receiving on our Phenom and Challenger offering and remain focused on building a stronger, simpler, and more scalable aviation platform,” Mattson added.
30Apr2026
Flexjet Ireland applies for US foreign air carrier permit
Flexjet (Ireland) (FXJ) has applied to the United States Department of Transportation (DOT) for a foreign air carrier permit (FACP) and an exemption to operate passenger and cargo charter services between the European Union and the United States, as well as other points beyond, using small aircraft. The company has requested expedited processing to...
Flexjet (Ireland) (FXJ) has applied to the United States Department of Transportation (DOT) for a foreign air carrier permit (FACP) and an exemption to operate passenger and cargo charter services between the European Union and the United States, as well as other points beyond, using small aircraft. The company has requested expedited processing to enable the proposed services to begin as soon as possible.
Flexjet Ireland's air operator's certificate (AOC) was secured in late 2025 with a single Praetor 600, which remains the company's sole aircraft. Both Flexjet Operations (Malta) and Flexjet Operations (United Kingdom) already hold United States FACPs.
30Apr2026
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