NordStar (Y7, Norilsk) parent, Norilsk Nickel, will dispose of its aviation interests which includes Nordavia (Arkhangelsk Talagi), Russia's Aviation Explorer reports. The Russian nickel and palladium mining and smelting company says managing the two airlines has proven too complex and intricate an investment to sustain for a non-core asset and as such, is now considering various investment proposals. As of this posting, no firm commitments or documents have yet been signed. Norilsk Nickel bought Nordavia from Aeroflot (SU, Moscow Sheremetyevo) in 2011 for USD230million and had considered merging it with NordStar. Currently Nordavia operates nine B737-500s throughout north-western Russia and Norway while NordStar operates five ATR42-500s, one B737-300 and nine B737-800 WIN.s on a more intricate Russian domestic network with international flights offered to Azerbaijan, China, the UAE, Tajikistan and Armenia.
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Russia's Norilsk Nickel to dispose of Nordavia, Nordstar
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Australia's Bonza commences scheduled passenger ops
30.01.2023 - 23:02 UTCAustralian low-cost startup Bonza (AB, Sunshine Coast) is commencing scheduled passenger operations on January 31, 2023, with a roundtrip flight between its Maroochydore/Sunshine Coast Airport base and Proserpine, located midway up the Queensland coastline. Bonza is the first Australia-based operator of the B737 MAX type, with the inaugural flight also becoming the first scheduled domestic service in Australia to use the MAX.
A B737-8 registered as VH-UIK (msn 43975), operating flight AB777, departed Maroochydore on the morning of January 31 (local time). While the flight was largely filled with media and other invited guests, the remaining seats were made available to the general public on a paid bases last week. The return service, AB778, also carrying fare-paying passengers, heads back to Maroochydore later in the day.
Bonza CEO Tim Jordan says passengers can expect "a fresh approach to flying" with a focus on quality while keeping operating costs down. Maroochydore/Sunshine Coast Airport Chief Executive Officer, Andrew Brodie, who encouraged Bonza to establish their base there with a range of incentives, says Bonza will...
Lessor lobbied EU for Russia sanctions exceptions - reports
28.12.2022 - 05:42 UTCRussian airlines have offered to buy the aircraft they lease from Dublin-based SMBC Aviation Capital, the world’s second-largest aircraft lessor by assets, and SMBC has lobbied the European Union and the Irish government to try to secure exceptions to Russian sanctions in an effort to find a solution to its stranded jets, Irish High Court filings appear to reveal.
Earlier this year, Western sanctions triggered by the war in Ukraine forced lessors to cancel contracts with Russian airlines, and Moscow then refused the aircraft to leave, stranding about 400 aircraft there and prompting lessors to sue their own insurers. SMBC has itself lodged a USD1.75 billion claim against its insurance firms over the stranded assets, according to the Irish business and finance news site The Currency.
The site cited court documents as saying that SMBC Aviation Capital engaged in “significant lobbying” in Brussels and Dublin for a get-out clause on the sanctions allowing its jets to be sold to Russian airlines. This came after it was allegedly offered an ex gratia (voluntary) payment of USD562.2...
