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Aerolineas Argentinas to homogenise widebody ops around A330ch-aviation PRO exclusive

20.01.2020 - 23:46 UTC

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Toyota invests $394mn in US flying taxi start-up Joby

20.01.2020 - 22:50 UTC

Joby Aviation, a flying taxi start-up based in Santa Cruz, California, has raised USD590 million in Series C funding led by Toyota Motor Corporation, it said in a statement dated January 15. Toyota itself contributed USD394 million of this amount.

Founded in 2009, Joby has been developing and commercialising a four-passenger electric vertical takeoff and landing (eVTOL) aircraft for urban transport services. This latest investment brings its total funding, including previous rounds, to USD720 million....

Nigeria's Azman Air acquires first A340-600

20.01.2020 - 21:55 UTC

Azman Air (ZQ, Kano) has announced it has acquired its first widebody jet to be used on international routes as well as Hajj and Umrah charters.

In a statement, the Nigerian carrier said it had secured A340-600 2-EALJ (msn 765), formerly G-VYOU with Virgin Atlantic, from European Aviation for an unspecified sum. It did not disclose when delivery would take place.

Azman Air operates an all-Boeing fleet entailing two B737-300s and four B737-500s. It currently serves the following Nigerian cities and...

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Syrianair's legal name changedch-aviation PRO exclusive

20.01.2020 - 21:00 UTC

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Afghanistan's Bakhtar Airlines starts fleet procurementch-aviation PRO exclusive

20.01.2020 - 20:04 UTC

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China's Loong Air sets up Chengdu-based subsidiarych-aviation PRO exclusive

20.01.2020 - 19:09 UTC

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Lao Skyway adds first MA-600ch-aviation PRO exclusive

20.01.2020 - 18:13 UTC

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Ecuador's EC Plus Airline opens door to Airbusch-aviation PRO exclusive

20.01.2020 - 14:30 UTC

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Air Greenland inks MOU for one A330-800

20.01.2020 - 13:14 UTC

Air Greenland (GL, Nuuk) has signed a Memorandum of Understanding (MOU) with Airbus (AIB, Toulouse Blagnac) for one A330-800 delivery of which is scheduled for the final quarter of 2021.

The Greenlandic government-owned carrier said in a statement the aircraft will replace its existing A330-200 and will fly primarily between the upcoming new international airports in Nuuk and Ilulissat, both of which are due to open in 2023, and Copenhagen Kastrup in Denmark. CEO Jacob Nitter Sørensen later explained...

Airlink begins SAA uncoupling; Eswatini unit pursues own AOC

20.01.2020 - 11:58 UTC

Airlink (South Africa) (4Z, Johannesburg O.R. Tambo) has set about disentangling itself from bankrupt South African Airways (SA, Johannesburg O.R. Tambo) following the replacement of its SAA franchise agreement with what it termed, "a new commercial arrangement".

In a statement issued last week, privately-owned Airlink said that under the revised terms of its partnership with SAA, effective June 11, 2020, it will resume operating flights under its own "4Z" flightcode.

Airlink abandoned the use of its...

SriLankan Airlines to remain state-owned - minister

20.01.2020 - 10:42 UTC

The new government of Sri Lanka will not seek to privatise SriLankan Airlines (UL, Colombo Int'l), Minister of Industry, Export, Investment Promotion, Tourism and Civil Aviation, Prasanna Ranatunga, said while visiting the flag carrier's maintenance facilities.

Ranatunga appealed to management and labour unions at the airport not to repeat the mistakes committed under the previous government which took the carrier to the brink of collapse, the state-owned portal said.

Ranatunga took...

Creditors queue up against South African Express

20.01.2020 - 09:27 UTC

Several ex-South African Express service providers turned creditors have launched separate court applications to have the state-owned carrier declared bankrupt given its failure to meet its debt obligations.

Citing Gauteng High Court documents, the Daily Maverick said that among the applicants was Ziegler SA which filed an urgent application in Johannesburg on Friday, January 17, in which it sought to have SA Express placed under business rescue, the South African equivalent of US Chapter 11 bankruptcy protection....

Uzbek gov't formalises plans for new carrier, Humo Airch-aviation PRO exclusive

20.01.2020 - 07:26 UTC

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Tunisair Express retires only CRJ900ch-aviation PRO exclusive

20.01.2020 - 05:46 UTC

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Biman Bangladesh Airlines seeks debt relief from gov't

20.01.2020 - 04:41 UTC

Biman Bangladesh Airlines (BG, Dhaka) has asked the Bangladeshi government to convert its BDT25 billion taka (USD295 million) debt into equity and waive an additional BDT26.5 billion (USD313 million) in interest and surcharges, The Financial Express newspaper has reported citing a letter by Chief Executive Mokabbir Hossain.

The request covers liabilities to the state-owned Padma Oil Company amounting to BDT14.5 billion (USD171 million) and BDT6.6 billion (USD78 million) in interest, and to the Civil Aviation Authority of...

Stobart Group's ex-CEO Tinkler sells all his shares

20.01.2020 - 04:03 UTC

Andrew Tinkler, the former Chief Executive Officer (CEO) of the Stobart Group, which is part of the consortium behind Connect Airways and owns troubled carrier flybe. (BE, Exeter), has sold all of his shares in the group, according to a stock exchange filing.

Tinkler was the group's fifth-largest shareholder, with a 5% stake valued at around GBP20 million (USD26 million). The ex-CEO was sacked from Stobart Group, which also owns UK airport Carlisle, two years ago in a heated boardroom battle which ended up...

Wizz Air to switch Rome airport for Iasi flightsch-aviation PRO exclusive

20.01.2020 - 03:25 UTC

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Airbus launches BelugaXL ops

20.01.2020 - 02:47 UTC

The BelugaXL (A330-700ST) entered service with Airbus Transport International on January 9 to replace the BelugaST (A300-600ST) in the movement of oversized aircraft components such as wings, the manufacturer confirmed in a statement on January 13. Resembling its namesake the beluga whale, with a round nose and pointed beak, it took off for its maiden flight from Toulouse Blagnac.

A freighter based on the A330-200(F) and in development since November 2014, the BelugaXL made its first flight on July 19, 2018. It...

Delta Air Lines/LATAM gain Colombian codeshare approval

20.01.2020 - 02:09 UTC

Delta Air Lines (DL, Atlanta Hartsfield Jackson) has received approval from the Colombian authorities for its codeshare with LATAM Airlines (LA, Santiago de Chile Int'l), in which it completed the acquisition of a 20% stake earlier this month.

"We expect Peru and Ecuador to follow shortly," Glen Hauenstein, Delta's President, during an earnings call on January 14. "So those should all be up and running in the first quarter. [We need] a little bit longer in Brazil and Chile, which we expect later this year." In the case of Chile, the approval...

Kazakhstan's Jenis Air adds first Il-76TDch-aviation PRO exclusive

20.01.2020 - 01:32 UTC

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China's SF Airlines' fleet to top 60 aircraft in 2020

20.01.2020 - 00:54 UTC

SF Airlines (O3, Shenzhen) expects to increase its fleet to over 60 freighters during 2020, having reached 58 aircraft only last month. In addition to its fleet growth, the airline subsidiary of Chinese express delivery giant SF Express, is planning to increase its global network of destinations to more than 70 from the 65 it currently serves.

"China's air cargo market is embracing greater opportunities and challenges alongside the advance of the Belt and Road Initiative and higher demands in the global logistics system...

India's DGCA extends IndiGo deadline to replace PW engines

20.01.2020 - 00:16 UTC

The Indian Directorate General of Civil Aviation (DGCA) has given IndiGo Airlines (6E, Delhi Int'l) four more months to replace the Pratt & Whitney engines on its A320neo fleet, the authority said in a statement on January 13.

After four inflight engine shutdowns occurred in a single week, the DGCA, in November, gave the carrier until January 31 to replace the affected powerplants. It has now extended the deadline to May 31, which is ahead of a plan by IndiGo, Pratt & Whitney and Airbus to...

Qatar Airways to narrow FY loss, still keen on IndiGo stake

19.01.2020 - 23:38 UTC

Qatar Airways (QR, Doha Hamad Int'l) is expecting to reduce its losses in the fiscal year ending in March after a surge in sales had led to an improvement in load factors, claimed the Qatar Airways Group Chief Executive Officer (CEO) Akbar Al Baker at a media briefing during the Kuwait Aviation Show 2020, and attended by Bloomberg.

“Our losses are half of what we budgeted,” Al Baker said on January 15. Reducing costs and “being very aggressive in the way we sell” has resulted in the improvement. The CEO explained that the losses...

India's economic crimes agency summons AirAsia's Fernandes

19.01.2020 - 23:00 UTC

India's law enforcement and economic intelligence agency, the Enforcement Directorate, has summoned AirAsia Group chief executive Tony Fernandes to appear on January 20 as part of an investigation into the group for allegedly lobbying India's government to secure overseas flight permits, the country's media reported.

The agency is also probing the possibility that AirAsia violated laws that prevent non-Indian airlines from controlling local carriers, as well as funding irregularities and criminal misconduct when it was...

Avianca restructures network to streamline hub operationsch-aviation PRO exclusive

19.01.2020 - 22:22 UTC

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