Recent News

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Cambodia Airways waits for market recovery to resume growthch-aviation PRO exclusive

29.02.2020 - 00:16 UTC

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Southwest Airlines set to receive 14 more Denver gates

28.02.2020 - 21:43 UTC

Southwest Airlines (WN, Dallas Love Field) is likely to receive approval from Denver City Council (DCC) for the lease of 16 additional gates at Denver Int'l, according to information from an airport spokesperson. Once complete in 2022, the low-cost-carrier will operate 40 gates in the Concourse C at the airport.

The city's Business and Aviation Committee voted on February 26 to move Southwest's use and lease agreement to the full council, where it will be voted on at the meeting on March 9. 16 additional gates are being constructed...

Alitalia may split into three parts for sale - reportch-aviation PRO exclusive

28.02.2020 - 13:11 UTC

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Cabo Verde Airlines sells 7.65% stake to localsch-aviation PRO exclusive

28.02.2020 - 10:20 UTC

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Russia's Pobeda to cut routes due to the lack of MAXch-aviation PRO exclusive

28.02.2020 - 09:25 UTC

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Indonesian gov't looks at options as Garuda debt maturesch-aviation PRO exclusive

28.02.2020 - 08:30 UTC

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Mexico's Interjet agrees debts; VivaAerobus issues bondsch-aviation PRO exclusive

28.02.2020 - 07:34 UTC

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India's IndiGo Airlines denies governance probe allegations

28.02.2020 - 06:39 UTC

IndiGo Airlines (6E, Delhi Int'l) parent InterGlobe Aviation has again refuted all charges of violating corporate governance and listing disclosure norms in its related party transactions, following reports of a preliminary probe by the Securities and Exchange Board of India (SEBI) that suggested such violations, the Indian financial daily Mint reported.

The company has potentially been facing a SEBI probe since a public spat emerged in May 2019 between two co-founders, Rakesh Gangwal and Rahul Bhatia. In July, 36.64%...

Lufthansa Cargo considering accelerated MD-11(F) phase-outch-aviation PRO exclusive

28.02.2020 - 05:43 UTC

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Slovakia's ACG Air Cargo Global suspends ops - reportch-aviation PRO exclusive

28.02.2020 - 04:48 UTC

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Singapore Airlines halts hiring; may furlough staff

28.02.2020 - 03:53 UTC

Singapore Airlines (SQ, Singapore Changi) has frozen recruitment and is evaluating other measures such as asking employees to take voluntary unpaid leave, according to The Straits Times. After significant capacity cuts across its US, European, North Asia, Southeast Asia, Southwest Pacific, Africa and West Asia networks resulting in a 7.1% decrease in its scheduled capacity (measured in ASKs) from February to end-May 2020, Singapore Airlines (SIA) has surplus manpower - believed to be as much as 500 cabin crew and 50 pilots....

South African Airways set for $1.06bn state bailout

28.02.2020 - 02:57 UTC

South Africa will give a further ZAR16.4 billion (USD1.06 billion) over the medium term to struggling South African Airways (SA, Johannesburg O.R. Tambo) to allow it to repay guaranteed debt and cover debt-service costs, the Associated Press reported.

The National Treasury disclosed the figure in its 2020 budget review released on February 26 as it announced USD3.5 billion in government spending for both SAA and the troubled state-owned power utility Eskom over the next three years.

“Over the...

Peruvian Airlines hunts new buyer as suitor GIP retreatsch-aviation PRO exclusive

28.02.2020 - 02:02 UTC

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Guyana's Air Demerara eyes 2021 launch

28.02.2020 - 01:06 UTC

Air Demerara (Georgetown Cheddi Jagan) is planning to launch in 2021 operating international flights from Georgetown Cheddi Jagan and Georgetown Ogle using various Airbus aircraft, Chief Executive Zain Tulsie Issurdutt told the Guyana Chronicle.

The start-up plans to serve the Caribbean, North America, and Brazil but did not name any specific routes. It did not reveal any further plans but said it had already met with the Guyana Civil Aviation Authority (GCAA) and received assurances that the regulator would support its launch....

PIA Pakistan issues four aircraft dry-lease RFP

28.02.2020 - 00:11 UTC

PIA - Pakistan International Airlines (PK, Karachi Int'l) has issued a Request For Proposals (RFP) concerning the lease of up to three narrowbody aircraft seating at least 170 passengers and one widebody seating at least 300 passengers with deliveries between the second and the fourth quarter of 2020.

According to the tender documentation, the Pakistani flag carrier is planning to dry-lease the narrowbodies for six years or until the next 12-yearly check. The airline is requesting aircraft manufactured in 2008 or later and is open...

Tigerair Australia to retire A320s; Virgin moots widebodies

27.02.2020 - 23:16 UTC

Tigerair Australia (TT, Melbourne Tullamarine) will retire all remaining A320-200s by October 2020 and transition to an all-B737-800 fleet going forward, parent Virgin Australia Holdings announced in its half-yearly earnings report.

"I'm pleased we can accelerate the transition of Tigerair to an all B737 fleet which will help get the business into a better financial position moving forward," Chief Executive Paul Scurrah said.

The low-cost carrier currently operates nine A320-200s and six B737-800s, the...

Airlines continue COVID-19 capacity cull as epidemic spreads

27.02.2020 - 22:20 UTC

As the COVID-19 (Coronavirus) epidemic continues to spread to new countries on a daily basis, airlines are cutting capacity to a variety of destinations in an attempt to reduce operating costs as demand plummets. In some countries, national authorities are taking the lead and closing access to and from various markets in order to stem the spread of the virulent virus. A summary of the latest developments can be found listed by country below.

Middle East:

  • From February 27, the Bahrain Civil Aviation...

ICBC loans $157mn to China's Juneyao, Spring Airlinesch-aviation PRO exclusive

27.02.2020 - 21:25 UTC

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SITA agrees $7.8mn settlement for Iran, Iraq, Syria dealings

27.02.2020 - 20:30 UTC

Geneva-based air transport IT firm Société Internationale de Télécommunications (SITA) has agreed to pay USD7,829,640 to settle its potential liability for 9,256 “apparent” sanctions violations spotted by the United States Treasury Department’s Office of Foreign Assets Control (OFAC).

Specifically, SITA was said to have violated Global Terrorism Sanctions Regulations 594.201 and 594.204 between April 2013 and February 2018, when it provided commercial services and software that were subject to US jurisdiction, OFAC said in a...

Pakistan's Vision Air Int'l streamlines B737 fleetch-aviation PRO exclusive

27.02.2020 - 17:04 UTC

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China Eastern's OTT Airlines brand to launch in 3Q20ch-aviation PRO exclusive

27.02.2020 - 15:40 UTC

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Adani Group conglomerate mulls Air India bid - report

27.02.2020 - 14:15 UTC

Adani Group, a multinational conglomerate based in Ahmedabad founded by billionaire industrialist Gautam Adani, is considering entering a bid for Air India (AI, Mumbai Int'l), a source has told Moneycontrol.

“Adani Group has engaged advisors and is evaluating the submission of an expression of interest at this stage. Their interest is preliminary, and clarifications need to be sought from the government on the bidding process,” the source told the online business news website.

Another source said...

Malaysian Airline System Bhd. goes into liquidation

27.02.2020 - 12:50 UTC

A notice announcing the appointment and address of an interim liquidator that is currently circulating with some alarm on social media is for the now-defunct Malaysian Airline System Berhad (MAS), not today’s Malaysia Airlines Berhad (MAB), a spokeswoman for the flag carrier has clarified to the Malaysian National News Agency.

The notice, dated February 21, refers to “creditors’ voluntary winding-up” and states that Chan Siew Mei has been appointed interim liquidator of MASkargo Sdn Bhd and gives his address in Petaling Jaya...

Samoa Airways and Fiji Airways enter partnership talks

27.02.2020 - 11:26 UTC

Samoa Airways (OL, Apia Faleolo) has commenced discussions with neighbouring carrier Fiji Airways (FJ, Nadi) on potential partnership and codeshare arrangements, according to report in the Samoa Observer newspaper.

These talks are as a result of the Samoan Cabinet endorsing the closure of the Apia Faleolo-Nadi route, which is currently flown 4x weekly by Fiji Airways, as it aims to promote the use of Samoa Airways for passengers travelling between Samoa and Fiji. The intention is for all passengers bound for Fiji to use the Samoa...

AirAsia X asks for lease deferrals - report

27.02.2020 - 10:01 UTC

AirAsia X (D7, Kuala Lumpur Int'l) has asked lessors to either waive or defer lease payments for its A330-300s due to the financial impact of the Covid-19 epidemic, Flightglobal has reported citing unnamed sources.

The carrier did not confirm the report but said that its exposure to the crisis is high as over 30% of its pre-epidemic capacity was to and from China.

According to the ch-aviation fleets advanced module, AirAsia X operates twenty-four A330-300s, of which twenty are leased from ICBC...