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Found 36338 matching entries, displaying 76 to 100, items per page.

OFAC sanctions owner of Syria's FlyAman

12.06.2019 - 14:55 UTC
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For their alleged ties to the al-Assad regime, the US Department of the Treasury's Office of Foreign Assets Control (OFAC) has added Syrian businessman Samer Foz and several of his relatives and businesses to its Specially Designated Nationals List.

According to a statement issued on Tuesday, June 11, among the Foz-affiliated entities sanctioned include his Aman Holding Company (formerly known as the Aman Group) and Aman Damascus JSC. Aman Holding's stalled start-up carrier, FlyAman (FAJ,...

Qatar Airways first to receive 777X in 2020 - al Bakerch-aviation PRO exclusive

12.06.2019 - 13:55 UTC
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Bahamasair to get $22.4mn in budget, $9.3m for ATR overhaul

12.06.2019 - 12:55 UTC
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Bahamasair (UP, Nassau Int'l) will be allocated USD22.4 million from the government in the 2019/20 budget, USD9.3 million of which will be spent on heavy maintenance and engine overhauls on its three ATR42-600s and two ATR72-600s.

A move by the country's previous administration to acquire these five new ATRs at a cost of USD120 million in order to avoid costly maintenance had failed, according to Tourism and Aviation Minister Dionisio D’Aguilar, the Tribune newspaper reported.

This left the...

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SkyUp appeals court ruling that would suspend its ASLch-aviation PRO exclusive

12.06.2019 - 11:55 UTC
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Wizz Air mulls Lviv base in summer 2020ch-aviation PRO exclusive

12.06.2019 - 10:41 UTC
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Aeroflot launches project to transition to Russian ITch-aviation PRO exclusive

12.06.2019 - 09:29 UTC
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China's GX Airlines set to undergo shareholder changech-aviation PRO exclusive

12.06.2019 - 08:17 UTC
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Ukraine's YanAir seeks reinstatement of its AOCch-aviation PRO exclusive

12.06.2019 - 07:05 UTC
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TAP Air Portugal to wet-lease A330 from Wamos Airch-aviation PRO exclusive

12.06.2019 - 05:11 UTC
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Luxembourg's CAE Aviation adds maiden Saab 340Bch-aviation PRO exclusive

12.06.2019 - 05:02 UTC
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St. Vincent's One Caribbean adds maiden Saab 340ch-aviation PRO exclusive

12.06.2019 - 04:51 UTC
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Hinduja Group, Etihad baulk at Jet Airways deal

12.06.2019 - 03:48 UTC
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The Hinduja Group has reportedly halted its plans to invest in Jet Airways (9W, Mumbai Int'l) due to the ongoing investigations into the airline and two insolvency pleas recently submitted by minor suppliers, Live Mint has reported.

"The Hinduja Group has taken a back seat now. The promoters of the group feel that it's too risky for them to get involved at the moment, due to ongoing government investigations and the recent insolvency pleas submitted by operational creditors at the National Company Law Tribunal (NCLT)," a source told the...

Qatar Airways likely to buy Moscow Vnukovo stake by year-end

12.06.2019 - 02:56 UTC
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Qatar Airways (QR, Doha Hamad Int'l) is in talks to buy a 20% stake in Moscow Vnukovo, the Russian capital’s third-largest airport by passenger traffic, its Group Chief Executive Akbar al Baker has told Reuters.

The Qatari flag carrier is looking to close the deal “sometime before the end of the year,” he said.

Moscow Sheremetyevo and Moscow Domodedovo are already congested, and the only airport that has an expansion opportunity is Vnukovo. We see huge potential to grow the airport to bring more traffic, to intensify...

Tajikistan's Somon Air freezes B737 MAX plans but eyes B767sch-aviation PRO exclusive

12.06.2019 - 02:05 UTC
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Colorado's Key Lime Air adds first E145ch-aviation PRO exclusive

12.06.2019 - 01:13 UTC
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Lion Air confirms delayed payments to Angkasa Pura

12.06.2019 - 00:22 UTC
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Lion Air (JT, Jakarta Soekarno-Hatta) has requested a three-month suspension of airport service fees, Faik Fahmi, president of Indonesia's state-owned airport operator Angkasa Pura I, has confirmed.

Fahmi acknowledged on June 10 that the country's largest privately run airline had requested the suspension but added that the issue of the payment deferral was nothing new and had been under discussion with the carrier since January, Kompas reported. He did not mention the sums involved.

He was...

Korean Air widebody order "imminent", eyes more A220s

11.06.2019 - 23:31 UTC
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Korean Air (KE, Seoul Incheon) is preparing for an "imminent" announcement of a widebody order, CEO Walter Cho said during a press briefing at the recently ended IATA AGM in Seoul.

In 2018, the carrier said it was evaluating adding more B787s or ordering its first A350s. Cho did not elaborate on the potential order, its size, make-up, or exact timeline.

According to the ch-aviation fleets advanced module, the Korean carrier's widebody fleet currently includes eight A330-200s, twenty-one...

Rosaviatsia threatens to ground up to 400 aircraftch-aviation PRO exclusive

11.06.2019 - 22:39 UTC
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Swiss prosecutors suspect fraud in Darwin Airline's demisech-aviation PRO exclusive

11.06.2019 - 21:48 UTC
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Kenyan regulator set to auction off derelict Wilson aircraft

11.06.2019 - 20:56 UTC
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The Kenya Airports Authority (KAA) has issued a warning to owners that it will auction off select abandoned and derelict aircraft currently stored at Nairobi Wilson Airport unless they are removed within 30 days effective June 10, 2019.

In a formal notice, the regulator specified the following aircraft and their last known owners:

São Paulo court set to decide Avianca Brasil's fatech-aviation PRO exclusive

11.06.2019 - 20:05 UTC
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China's Fosun eyes Thomas Cook takeover but no airlines

11.06.2019 - 17:29 UTC
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Fosun Tourism Group, a Chinese firm which owns Club Med, has approached Thomas Cook Group over the potential takeover of the British tour operator. Thomas Cook confirmed the bid and clarified that it did not include its airline units.

Fosun already has an 18% stake in Thomas Cook.

"There can be no certainty that this approach will result in a formal offer. However, the board will consider any potential offer alongside the other strategic options that it has, with the aim of maximising value for all its stakeholders," the British firm...

Hinduja Group nears Jet deal, vendors seek bankruptcy

11.06.2019 - 16:34 UTC
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A consortium of Indian banks has reportedly agreed to a significant haircut of the debt owed by Jet Airways (9W, Mumbai Int'l) in order to facilitate investment by the Hinduja Group and Etihad Airways, Moneycontrol has reported.

The two potential investors have previously asked the banks to write off as much as 85% of Jet Airways' debt, which exceeds INR80 billion rupees (USD1.15 billion). While the consortium of creditors led by State Bank of India was initially reluctant to agree to such a haircut, it...

Qantas eyes full takeover of Alliance Airlines

11.06.2019 - 15:38 UTC
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Qantas (QF, Sydney Kingsford Smith) is planning to attempt a full take over of Alliance Airlines (QQ, Brisbane Int'l), in which it currently holds a 19.9% stake, once the Australian Competition and Consumer Commission (ACCC) completes its review of the current ownership structure of the regional airline, Qantas Group CEO Alan Joyce said during the IATA AGM in Seoul.

"We made our intentions clear, our medium- to long-term objective is to try a full take-over of Alliance Airlines. We think there is a lot of synergies with...

Nigeria's Ibom Air secures AOC, launches

11.06.2019 - 14:43 UTC
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Ibom Air (IAN, Uyo) has inaugurated commercial flight operations as of Friday, June 7. In a statement, the Ibom State-owned carrier said that ahead of its launch, it had been granted its Air Operator's Certificate (AOC) by the Nigerian Civil Aviation Authority (NCAA) on Thursday, May 30.

Using a trio of CRJ-900s, the start-up will initially focus on connecting its Uyo base with Lagos and Abuja before rolling out more destinations across Nigeria.

Chief Operating Officer (COO) George Uriesi later told...

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