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Latest news
Canada's Cargojet to divest minority stake in US' 21 Air
Cargojet Airways (W8, Hamilton, ON) has reached an agreement to divest its 25% stake in 21 Air (2I, Greensboro Piedmont Triad International) to undisclosed parties as it executes strategy "streamlining its efforts toward areas where it has a clear strategic advantage."
"This decision strengthens our...
Cargojet Airways (W8, Hamilton, ON) has reached an agreement to divest its 25% stake in 21 Air (2I, Greensboro Piedmont Triad International) to undisclosed parties as it executes strategy "streamlining its efforts toward areas where it has a clear strategic advantage."
"This decision strengthens our focus on our robust domestic network, ACMI and charter operations, while allowing us to deploy capital in areas aligned with Cargojet's core strengths," chief executive officer Pauline Dhillon said.
The Canadian cargo specialist invested in the US American counterpart in 2021. Its investment was routed through Avia Investments, LLC, a 75/25 joint venture between James Crane and Cargojet. The JV was the sole shareholder of 21 Air.
The spokesperson for the Canadian airline did not respond to ch-aviation's request for more details regarding the value of the transaction.
Despite the equity disentanglement, the two airlines will continue to cooperate "on select commercial opportunities".
21 Air operates four B757-200(PCF)s, one inactive B767-200(BDSF), to inactive B767-200(ERBDSF)s, two B767-300ER(BCF)s, and nine B767-300ER(BDSF)s. It also wet-leases two B767-300ER(BDSF) freighters from Cargojet. ch-aviation shows that one B757 and two B767-200(ERBDSF)s in 21 Air's fleet are dry leased from the Canadian airline.
Cargojet's in-house fleet comprises sixteen B757-200(PCF) aircraft, two B767-200(ERBDSF)s, four B767-300ER(BCF)s, eighteen B767-300ER(BDSF)s, and a single production B767-300F.
03Apr2026
Iceland extends Norlandair's financing due to harbour damage
This article is only available with a subscription for Commercial Aviation News, Operator & Airport Data.
03Apr2026
UK's Skybus ends London PSO early due to fuel price spike
Skybus (United Kingdom) (8Y, Land's End) terminated its public service obligation (PSO) flights between Newquay and London Gatwick on April 3, 2026, almost two months earlier than planned. The airline attributed the decision to the rapidly rising fuel prices and the low demand. Chief executive, Jonathan Hinkles, said that...
Skybus (United Kingdom) (8Y, Land's End) terminated its public service obligation (PSO) flights between Newquay and London Gatwick on April 3, 2026, almost two months earlier than planned. The airline attributed the decision to the rapidly rising fuel prices and the low demand. Chief executive, Jonathan Hinkles, said that passenger interest plummeted after the Cornwall Council decided to end financing of the route after May 31. Skybus was wet-leasing an DHC-8-Q400 from Universal Air for the route until the end of March. Flights on April 1 and 2 were operated by Ascend Airways with a B737-8.
03Apr2026
Sweden's H-Bird Aviation Services declared bankrupt
This article is only available with a subscription for Business Jet News.
03Apr2026
Switzerland's pharma group Novartis adds first Falcon 8X
This article is only available with a subscription for Business Jet News.
03Apr2026
New Zealand's NZ Jet partners with Orion Aeromedical
NZ Jet (Ardmore, NZ) has partnered with Orion Aeromedical to provide international medical evacuation services. Orion Aeromedical will supply medical expertise and manage air medical operations, while NZ Jet will serve as aircraft operator, with a Citation V and an Astra SPX inducted in early 2026,...
NZ Jet (Ardmore, NZ) has partnered with Orion Aeromedical to provide international medical evacuation services. Orion Aeromedical will supply medical expertise and manage air medical operations, while NZ Jet will serve as aircraft operator, with a Citation V and an Astra SPX inducted in early 2026, both capable of rapid reconfiguration for medical missions. The range of Astra SPX, which enables non-stop flights between New Zealand and most South Pacific islands, was a key factor in forming the partnership. NZ Jet co-founder John Ambler will assume the role of Orion Aeromedical's director of aviation.
02Apr2026
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