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Lourenço fires entire TAAG board, appoints new CEO

The entire board of TAAG Angola Airlines (DT, Luanda), including Chief Executive Officer Rui Carreira, has been axed by presidential decree in line with the Angolan government's plan to restructure and privatise the airline, according to an announcement by President João Lourenço.

The move is part of the implementation of TAAG's restructuring plan and strategic objectives and follows Presidential Decree No 186/20 of July 17, 2021, by which the nominal value of...

COVID forces Aeronexus to sell/lease-back its only B767-300

South African charter company Aeronexus Corporate (ARN, London Stansted) has been forced to sell and lease back its single 96-seater B767-300(ER), ZS-NEX (msn 24865), due to COVID-19-related difficulties. The company now leases...

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Monthly Development Update - September 2021

Here are the updates that our development team has been hard at work on in the last two months. Read on for a full breakdown of the bugs we’ve fixed and the improvements we’ve implemented.

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State to acquire effective full ownership of Air Mauritius

The Mauritian government’s Airport Holdings Ltd - the majority shareholder of Air Mauritius - is to acquire all voting shares in the airline at a price of MUR5.80 rupees (USD0.13) per share under the terms of a mandatory offer triggered by Stock Exchange of Mauritius (SEM) rules, the airline announced.

This followed Airport Holdings acquiring 9,429,896 shares in Air Mauritius Holding Ltd from the State Investment Corporation Limited and Rogers and Company Limited...

Romania's Blue Air suffers UK listing setback

Blue Air (Romania)'s efforts to go public on the London Stock Exchange (LSE) have suffered a blow after it failed to raise the requisite funds needed to execute a reverse take over (RTO) of...

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Worldwide capacity numbers seem to have hit a plateau

After a drop in the second week of September, overall worldwide capacity has slightly increased and now stands at 81.8 million scheduled seats per week. When compared to the same week in September 2020, capacity increased by 43% in September 2021.

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Uganda Airlines wins the "ch-aviation World's Youngest Aircraft Fleet Award 2021"

We are excited to announce that Uganda Airlines is the Winner of the "ch-aviation World's Youngest Aircraft Fleet Award 2021" and officially operates the youngest aircraft fleet in Africa and worldwide.

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PNG’s Air Sanga adds first Beechcraft 1900

Papua New Guinean domestic charter operator Air Sanga (Port Moresby) has added its first Beech 1900D on a lease-purchase agreement from South African lessor NAC Charter (NTN, Lanseria) to meet anticipated travel demand over the Festive Season and aims to acquire more by year-end, Smart Aviation Asia Pacific reported.

According to Air Sanga's marketing executive, Peter Karu, the aircraft had already arrived in Papua New Guinea's capital Port...

Creditors of China’s HNA Group approve restructuring plan

A working group of creditors, investors, and administrators of HNA Group and its related companies have voted to approve the company’s draft restructuring plan, Hainan Province High People’s Court revealed on October 23 in...

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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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Valour Consultancy IFEC tracker explainer

Take a look at the explanatory video Valour Consultancy created for their IFEC tracker to offer you a better understanding of their quarterly in-flight entertainment and connectivity trackers.

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AirAsia renames airline group to set it apart from digital

AirAsia Group has renamed its airline companies’ holdco as AirAsia Aviation Limited as part of a reorganisation designed to create what it said should be a clear distinction from its burgeoning digital business, the group has revealed.

“As AirAsia’s rapid transformation from an airline into a digital travel and lifestyle services group continues to gain strong momentum, the holding company for the airline group has been officially renamed,” AirAsia Group outlined in a...

Thai AirAsia parent to raise $419mn as Thailand reopens

Asia Aviation PCL (AAV), the parent company of Thai AirAsia (FD, Bangkok Don Mueang), has said it is seeking to raise THB14 billion baht (USD419.4 million) to fund a restart at the low-cost...

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Take a look at the top 25 lessors with the largest percentage of active aircraft

We also looked at Lessors, with a fleet of more than 50 aircraft. The top 25 lessors with the largest percentage of active aircraft are shown below.

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There are so many reasons to switch to ch-aviation PRO.

Trade-in your existing airline intelligence and news subscription for ch-aviation PRO and get up to six months for free.

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Court denies My Indo Airlines bid to restructure Garuda debt

A panel of judges at Central Jakarta District Court has rejected an attempt by My Indo Airlines (2Y, Jakarta Halim) to forcibly restructure the debts of Garuda Indonesia (GA, Jakarta Soekarno-Hatta), as its lawsuit failed to contain the required amount of detail, a lawyer acting for the cargo specialist confirmed to journalists.

My Indo Airlines sued the embattled flag carrier in mid-July for allegedly failing to pay a debt,...

JAL joins electric wave with order for 50+50 VA-X4s

JAL - Japan Airlines (JL, Tokyo Haneda) has formed a partnership with Avolon-e, the electric aircraft wing of lessor Avolon, to induct up to 100 Vertical Aviation VA-X4 electric-vertical-take-off-and-landing (eVTOL)...

Introducing the historical dimension

The world’s active airline fleets are continuously growing

The total global fleet size currently counts 28,083 aircraft, of which 22,764 are active, and 5,319 are grounded. In comparison to the previous month, the active global fleet has increased by 4%, while the number of grounded aircraft has decreased by 12%.

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Product Update: With our News Alerts, you are the first one to know!

Learn how to keep track of all the news updates that are relevant to your business on the days and times that are most convenient for you.

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