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British Airways pushes ahead with 12,000 job cuts

As it pushes ahead with a plan to cut staff numbers by 29% - up to 12,000 job roles out of 42,000 - British Airways (BA, London Heathrow) has started sending letters to thousands of employees telling them they have been made redundant, despite intense opposition from unions.

With a selection process now completed, staff will learn whether they still have a job or not - and if they do, they will...

Kuwait keeps 31 countries on ban list

Despite having reopened Kuwait to international scheduled traffic on August 1, 2020, the Kuwait government has resolved to keep entry bans in place for travellers from 31 countries.

According to the Kuwaiti Directorate...

ch-aviation fleets advanced

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.

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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.

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Seventeen bidders vie for SA Express assets

Seventeen parties have submitted expressions of interest (EOI) regarding the sale of South African Express (XZ, Johannesburg O.R. Tambo) which is currently in provisional liquidation.

In June, the bankrupt carrier's joint provisional liquidators (JPL), Tshwane Trust, called for EOIs covering either the sale of the business in its entirety as a going concern, investment as an equity partner, or a buyer for part or all of the airline's assets.

In addition...

South Africa's Comair secures $2.2mn in shortterm financing

Comair (South Africa) (MN, Johannesburg O.R. Tambo) has raised shortterm financing to tide the firm through the coming weeks wherein its business rescue practitioners will carry out a due diligence on two offers...

ACMI deals on ch-aviation

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.

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Airline 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.

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SAS tweaks $1.6bn rescue plan, more bondholders agree

SAS Scandinavian Airlines (SK, Copenhagen Kastrup) has reached agreement "with certain major holders" of its debt after revising the conversion terms for part of the rescue plan it is negotiating with the governments of Sweden and Denmark, its main shareholders, it said in a statement on August 7.

As previously reported, SAS admitted on July 10 that it had cancelled meetings on the proposed conversions of a bond and hybrid notes into...

Ryanair eyes Russia in the Winter 2020/21 season

Ryanair (FR, Dublin Int'l) is gearing up to enter Russia, having secured traffic rights from the Italian civil aviation authority (Ente Nazionale per L'aviazione Civile - ENAC) for 4x weekly flights from Italy...

Contacts Now Available for Download

ch-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.

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We 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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Kenya's Jambojet granted Mombasa base traffic rights

Jambojet (JM, Nairobi Jomo Kenyatta) has been authorised to develop a secondary base in Mombasa after the Kenya Civil Aviation Authority (KCAA) granted the low-fare airline multiple domestic and international route authorities emanating from Kenya's second largest city.

According to a government gazette, Jambojet was awarded the following international sectors covering passenger, cargo, and mail rights:

Hong Kong's HK Express resumes flight operations

HK Express (UO, Hong Kong Int'l) resumed commercial flight operations on August 2 using two of its six A320-200neo to ply a twice-weekly service from Hong Kong to Taichung Ching Chuan Kang...

ch-aviation famous start-up tracker

Follow ch-aviation on Linkedin

Our social media channels are gaining momentum and we just hit more than 25,000 followers on Linkedin! If you aren’t following us yet, we invite you to follow us on Linkedin.

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Free ch-aviation PRO introduction webinar

A quick tour around ch-aviation PRO with an introduction to all its modules and best practices for a flying start. Join free webinar every week.

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Portugal's Orbest adds first A330neo

Orbest (Portugal) (6O, Lisbon) has taken delivery of its first A330-900 after CS-TKH (msn 1963) was positioned from Toulouse Blagnac to Lisbon on August 7. It features 388 seats in an all-economy setting.

The brand new widebody jet supplements the Portuguese leisure specialist's only other aircraft, an A330-300, which until the COVID-19 crisis, was used on regular flights from Lisbon to resorts in the Caribbean.

Orbest is...

Aeroméxico to renegotiate leases and debt for aircraft

Grupo Aeroméxico will renegotiate the leasing terms and debts for its aircraft, including restructuring its obligations with Boeing, as part of the company's financial restructuring, the business newspaper El Financiero has reported.

...
the ch-aviation charter aircraft module

The 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.

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ch-aviation is read by executives and key decision-makers at airports, airlines and suppliers because it provides actionable news and data that they use in their day-to-day responsibilities. The site generates on average more than 690,000 monthly pageviews, 195,000 unique monthly visitors.

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