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Latest news
ATRs of French Polynesia's Air Moana get $2.2mn backing
The board of the Autonomous Port of Papeete has approved XPF225 million CFP franc (USD2.2 million) participation in the tax-relief financing of three ATR72-600s being acquired by Natireva, dba Air Moana (NM, Papeete), the airline confirmed to ch-aviation.
Local broadcaster Radio 1 Tahiti reported, citing...
The board of the Autonomous Port of Papeete has approved XPF225 million CFP franc (USD2.2 million) participation in the tax-relief financing of three ATR72-600s being acquired by Natireva, dba Air Moana (NM, Papeete), the airline confirmed to ch-aviation.
Local broadcaster Radio 1 Tahiti reported, citing the port's management, that the board adopted the proposal at a July 9, 2026, meeting. The port will provide the funds through a non-interest-bearing current-account contribution to Natireva.
The transaction is expected to generate a XPF300 million (USD2.9 million) tax credit for the port over two financial years, giving it a net benefit of XPF75 million (USD720,000).
"The recent decision by the Board of Directors of the Port Autonome de Papeete to participate in this tax incentive operation falls exclusively within the legal tax framework established by French Polynesian regulations," Air Moana said. "It is neither an equity investment in Air Moana nor financial support to the airline, but a tax investment entitling the port to the tax credit provided by law, in the same way as many other investors."
Air Tahiti (VT, Papeete) has opposed broader government support that was extended to its rival, arguing that it distorts competition. Its legal challenge led the Administrative Tribunal of French Polynesia to annul three decrees in January 2026, covering approximately XPF1.5 billion (USD14.4 million) through a direct loan and two guarantees intended to support the same aircraft acquisition programme.
The court found that Natireva met the local definition of a "company in difficulty" when the assistance was approved, which under local law barred the government from granting it loans or guarantees. Air Moana said it would appeal the ruling. Air Tahiti previously estimated that total public interventions for the start-up, including tax exemptions, were worth nearly XPF5 billion (USD50 million).
According to ch-aviation data, Air Moana currently operates four ATR72-600s. It has further commitments for another three aircraft of the type, two of which will arrive in August and November 2026. The purchased aircraft will progressively replace its dry-leased ATR72-600s.
21Jul2026
US's Air Excursions rebrands to SeaPort Airlines
This article is only available with a subscription for Commercial Aviation News, Operator & Airport Data.
21Jul2026
US's Executive Express rebrands as Aleutian Airways Express
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21Jul2026
US's Buffalo River Aviation secures Part 135 certificate
Buffalo River Aviation (OFT) secured Part 135 certificate #VBTA520S on July 13, the company announced.
“Earning our own FAA operating certificate is a significant milestone that gives us the flexibility to continue investing in our fleet, our people, and the exceptional service our clients expect,” CEO Chris Townsley said....
Buffalo River Aviation (OFT) secured Part 135 certificate #VBTA520S on July 13, the company announced.
“Earning our own FAA operating certificate is a significant milestone that gives us the flexibility to continue investing in our fleet, our people, and the exceptional service our clients expect,” CEO Chris Townsley said.
Buffalo River Aviation launched charter services in late 2023 under the Part 135 certificate of Central Flying Service, which later became JetTech. “We are grateful to JetTech for our partnership and continued support throughout this process,” Townsley added.
With the new certificate, Buffalo River Aviation said it would bring in-house a fleet comprising three Beech (twin turboprop)s, namely a King Air F90 and two King Air B200s, three Citation Jet-series aircraft, including a Citation Jet 3+, and a Citation Sovereign inducted in mid-2025.
“We’re investing in additional aircraft, facilities, and people to continue delivering safe, dependable service and to help connect Arkansas businesses and families to destinations across North America,” Townsley said. The company expects to add another Citation Jet and a Citation Sovereign within a year.
A 2003-built, six-seat Citation Jet 2, N500SD (msn 525A-0132), is listed as “coming soon” on Buffalo River Aviation's website. The company employs 11 pilots and aims to hire two more by the end of the year.
21Jul2026
OEMs deliver 71 new business jets in June 2026
This article is only available with a subscription for Business Jet News.
21Jul2026
Azerbaijan government inducts brand-new G700
This article is only available with a subscription for Business Jet News.
21Jul2026
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