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Iran's Sepehran Airlines adds first B737-400ch-aviation PRO exclusive

07.04.2020 - 18:39 UTC
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EU allows sale of Lufthansa caterer, with conditionsch-aviation PRO exclusive

07.04.2020 - 17:03 UTC
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Tata Group looking at bid for Air India

07.04.2020 - 15:27 UTC
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Tata Sons, which founded Air India (AI, Mumbai Int'l) 87 years ago before it was nationalised in 1948, has told the Times Of India that it is looking at bidding for the airline in the current privatisation process.

The country's Finance Ministry has extended the deadline for the submission of bids for Air India to April 30, from the earlier deadline of March 17, as the government tries to offload 100% of its stake in the beleaguered airline while navigating the coronavirus crisis.

Tata Sons, which...

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Global airlines devise, implement relaunch plans 06-13APRch-aviation PRO exclusive

07.04.2020 - 13:51 UTC
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Korean watchdog backs HDC-Asiana merger, HDC seeks aid

07.04.2020 - 13:28 UTC
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South Korea’s antitrust watchdog, the Korea Fair Trade Commission, has approved the acquisition of a 61.5% stake in Asiana Airlines (OZ, Seoul Incheon) by Hyundai Development Co (HDC), the regulator said on April 3. But HDC has asked for financial support to complete the deal.

HDC signed the agreement to buy the shareholding on December 27, reporting it to the regulator on January 30.

“There is no concern about substantially limiting competition,” the commission said in a statement posted on its website. “The FTC...

Atlas Air reactivates parked B747 freighters as demand soarsch-aviation PRO exclusive

07.04.2020 - 12:13 UTC
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Sukhoi secures UN approval for SSJ 100/95sch-aviation PRO exclusive

07.04.2020 - 10:57 UTC
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Russia's Nordwind outlines tentative A330-300 schedulech-aviation PRO exclusive

07.04.2020 - 09:41 UTC
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US Forest Service awards $190mn in firefighting contracts

07.04.2020 - 08:25 UTC
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The US Department of Agriculture’s Forest Service has awarded three operators contracts for aerial firefighting services valued at a total of USD192 million.

In a statement, the Forest Service said it had awarded Aero Air (WIL, Portland Hillsboro, OR) a contract valued at USD70,501,530. Aero Air operates McDonnell Douglas MD-83 and MD-87 firefighter tankers through its Erickson Aero Tanker (Portland Hillsboro, OR) subsidiary.

For its part, Aero Flite (Kingman) was awarded a contract for USD80,388,610...

Airline COVID-19 capacity, network, staff cuts for 06-12APRch-aviation PRO exclusive

06.04.2020 - 20:22 UTC
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South Africa's Comair, Star Air call off purchase

06.04.2020 - 19:25 UTC
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Comair (South Africa) (MN, Johannesburg O.R. Tambo) says its proposed acquisition of Star Air (South Africa) (BRH, Johannesburg O.R. Tambo) has fallen through almost a year after the tentative deal was first announced.

In May 2019, Comair said it had entered into an agreement with Sundrops Investments Proprietary Limited, Smashing Star Investments Proprietary Limited, and Marcel Liebenberg to acquire all shares and claims in Star Air Cargo and its MRO firm Star Air Maintenance for ZAR75 million rand (USD5.14 million at the time) plus profit share...

Colombia's TAMPA seeks greater US access; Atlas Air opposes

06.04.2020 - 18:05 UTC
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TAMPA Cargo (QT, Medellín José Maria Córdova) applied to the US Department for Transportation (DOT) on March 26 for exemption authority authorising it to operate all-cargo services between points in the US and any point or points. However, the application was opposed by Atlas Air (5Y, New York JFK) on April 1.

The Colombian airline, which operates as Avianca Cargo (QT, Medellín José Maria Córdova), requested a swift resolution to its application, as it needs the additional rights to meet a spike in global air cargo...

Hedge funds ramp up IAG shareholdingsch-aviation PRO exclusive

06.04.2020 - 16:45 UTC
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Latvia's airBaltic saved from $17.4mn Lithuanian finech-aviation PRO exclusive

06.04.2020 - 15:25 UTC
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Europe airline suspensions, country closures 06-12APRch-aviation PRO exclusive

06.04.2020 - 14:05 UTC
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Africa airline suspensions, country closures 06-12APRch-aviation PRO exclusive

06.04.2020 - 13:55 UTC
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Russia's KrasAvia seeks financing for ATR plansch-aviation PRO exclusive

06.04.2020 - 13:33 UTC
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Alaska's RavnAir Group stops flying, files for Chapter 11

06.04.2020 - 12:17 UTC
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RavnAir Group ceased all operations on April 5 and has since filed for Chapter 11 bankruptcy protection, Chief Executive Dave Pflieger said in an open letter. The Alaska-based holding operates three airline brands, RavnAir Alaska (operated by Corvus Airlines and Hageland Aviation Services), PenAir, and RavnAir Connect (operated by Hageland Aviation Services).

"The entire airline industry has been devastated by the COVID-19 pandemic and vitally necessary travel bans. Unfortunately, RavnAir Group, the largest regional...

Asia, Oceania airline suspensions, country closures 06-12APRch-aviation PRO exclusive

06.04.2020 - 12:06 UTC
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Sweden's BRA files for bankruptcy protectionch-aviation PRO exclusive

06.04.2020 - 11:48 UTC
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World gov’ts devise airline assistance plans 06-12APRch-aviation PRO exclusive

06.04.2020 - 11:01 UTC
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Viet Nam's Vietravel Airlines secures PM approvalch-aviation PRO exclusive

06.04.2020 - 10:06 UTC
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Carriers deploy passenger aircraft as freighters 06-12APRch-aviation PRO exclusive

06.04.2020 - 08:57 UTC
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Gulf Air resumes Bahrain hub ops; UAE watches closely

06.04.2020 - 08:04 UTC
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Gulf Air (GF, Bahrain Int'l) has announced it will resume hub operations at Bahrain Int'l following the enforcement of new regulations issued by the Bahraini Civil Aviation Authority (BCAA).

The state-backed carrier said in a statement on April 5 that it will now offer transit flights connecting London Heathrow, Paris CDG, and Frankfurt Int'l with Manila Ninoy Aquino Int'l. However, entry into Bahrain remains restricted to nationals and permanent residents.

Meanwhile, authorities in the United Arab...

Mexico's Interjet denies repossession of A320 family jetsch-aviation PRO exclusive

04.04.2020 - 21:13 UTC
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