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Found 27294 matching entries, displaying 76 to 100, items per page.

Kenya Airways 'not in compliance' with Afrexim debt

14SEP2017
Kenya Airways (KQ, Nairobi Jomo Kenyatta) has revealed that it will need to obtain waivers from the African Export-Import Bank (AFREXIM) due to non-compliance of its financial obligations. The national carrier made the revelation in its annual report for the year ended March 31, 2017.

"One of the facilities for the purchase of ten Embraer E190 aircraft, contains some financial covenants, which are monitored against the annual audited financial statements," the airline's annual report states. ...

Alaska Airlines adds maiden B737-700P2F

14SEP2017
Alaska Airlines (AS, Seattle Tacoma Int'l) has taken redelivery of its first B737-700(BDSF) following the arrival of N627AS (msn 30794) from the Bedek Aviation Group's P2F conversion facilities at Tel Aviv Ben Gurion earlier this month, CargoFacts reports.

The type's launch customer, Alaska Airlines, has two more B737-700s undergoing conversion with the Israel Aerospace Industries unit with deliveries expected towards year-end and the end of the first quarter of 2018 respectively. As ...

Luxaviation Helicopters acquires Starspeed

14SEP2017
Luxaviation Helicopters (Luxembourg) has announced that it has acquired UK helicopter management company Starspeed making it the world's largest VIP helicopter operator, according to its press statement.

Luxaviation Helicopters was launched in February as a subsidiary of Luxaviation (LXA, Luxembourg), and this acquisition is its first since forming. Luxaviation Helicopters will incorporate Starspeed's fleet of 23 helicopters into its own, bringing its total number of managed rotary-wing ...
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Saudi Arabia's flyadeal secures its AOC

14SEP2017
flyadeal (FAD, Jeddah) has secured its Air Operator's Certificate (AOC) from the Saudi General Authority of Civil Aviation (GACA) ahead of its commercial launch later this month.

As previously reported, the budget carrier will commence operations on September 23, the Saudi National Day, using its only aircraft at present, A320-200 HZ-FAA (msn 7829).

A unit of Saudia (SV, Jeddah), flyadeal will compete with flynas, SaudiGulf Airlines, Nesma Airlines (Saudi Arabia), and ...

Several Thai operators suspend ops as AOC deadline passes

14SEP2017

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Air Berlin cancels 100 flights as pilots call in sick

14SEP2017
Air Berlin (AB, Berlin Tegel) has been forced to cancel more than 100 of its 750 scheduled flights on Tuesday September 12, after an "exceptional high number of sickness reports of their pilots". Approximately 200 of its 1,500 pilots reported sick.

The cancellations are affecting both domestic and international flights departing Berlin Tegel and Dusseldorf.

Air Berlin's administrator, Frank Kebekus, expressed his dismay at the situation. "Today's events are endangering the entire ...

Govt considers taking on Air India's debt, selling assets

14SEP2017
The Indian government is considering all potential options as it edges closer to putting its troubled national carrier up for sale. Bloomberg reports that the government could take on part of the USD8 billion debt of Air India (AI, Mumbai Int'l) to attract investors, or sell off parts of the business in separate deals.

"Suppose a portion of its debt is removed, non-aviation-related assets are removed and put into a shell company owned by the government, I think things will work," said ...

Brazil's Passaredo calls off Itapemirim sale

14SEP2017

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China Eastern inks China Post cooperation JV

14SEP2017

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Turkey's Pegasus Airlines eyes new Istanbul hub

14SEP2017
Pegasus Airlines (PC, Istanbul Sabiha Gökcen) has confirmed it is looking to establish a major base at Istanbul's third international airport, currently expected to open in October 2018.

Chief Commercial Officer Guliz Ozturk told Bloomberg in an interview that Pegasus Airlines would deploy a “considerable fleet” to the facility once a third runway opens in about 2020.

“We plan to fly both domestically and internationally out of the new airport if we can get the slots and infrastructure,” ...

Air Austral to span €40mn investment in Air Madagascar

13SEP2017

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Spain's Globalia seeks strategic partners

13SEP2017

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Norwegian to open Dublin base in 4Q17

13SEP2017
Norwegian (DY, Oslo Gardermoen) has announced plans to open a pilot base at Dublin Int'l later this year. The Irish capital is currently home to its Norwegian Air International (D8, Dublin Int'l) unit. Focus has been placed on recruiting flight crews for the B737 MAX 8 which it plans to deploy on services throughout Europe as well as across the Atlantic.

“The base will initially include approximately 40 pilots but Norwegian is also exploring options for further pilot and cabin crew positions ...

KLM cityhopper to end Fokker 70 ops in mid-4Q17

13SEP2017
KLM cityhopper (WA, Amsterdam) has reaffirmed it will conclude all commercial Fokker 70 operations with effect from October 28, 2017.

The KLM Royal Dutch Airlines (KL, Amsterdam) unit said in a statement the type's last scheduled passenger flight - KL1070 London Heathrow-Amsterdam - would arrive at 2030L. The withdrawal of the last remaining Fokker Aircraft in KLM's fleet will mark the transition of cityhopper to an all-Embraer fleet consisting of ten EMB-175s and thirty EMB-190s.

The ...

Caye Caulker, Belize to see last scheduled pax ops in 4Q17

13SEP2017
Tropic Air and Maya Island Air have announced the suspension of scheduled flights to Caye Caulker, a small Caribbean island off the coast of Belize, with effect from October 1 onwards.

In a joint statement, the two Belizian operators said their decision was based on the state of the island's runway which, they said, exhibits severe deterioration.

"The present state of the runway at the island’s airstrip exhibits severe deterioration," they said. "As a result, this precautionary measure is ...

Martinique's Ava Air suspends operations; seeks investor

13SEP2017

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IndiGo parent in 33.5mn share private placement

13SEP2017
InterGlobe Aviation, the parent company of IndiGo Airlines (6E, Delhi Int'l), has advised the Bombay Stock Exchange that it will place 33.5 million shares up for sale to qualified institutional buyers, of which 22.3 million are a new issuance.

As previously reported, the promotors are required to reduce their stake in IndiGo to 75% in order to comply with public company regulations. IndiGo was listed on the Mumbai Stock Exchange in November 2015, and InterGlobe currently holds about 85% of ...

South Africa's CemAir adds maiden CRJ-900

13SEP2017
CemAir (5Z, Johannesburg O.R. Tambo) has taken delivery of EC-JTU (msn 15079), its first CRJ-900. Regional Jet Spotter shows the former Air Nostrum twinjet was positioned from Valencia Manises to Johannesburg O.R. Tambo via Tamanrasset and Libreville on September 12/13.

The South African chartered/scheduled passenger carrier operates a largely Bombardier fleet consisting of fourteen CRJ-100s, three CRJ-200s, one Dash 8-100, and two Dash 8-300s. It also employs nine Beech 1900Ds.

Sudan's El Dinder Aviation adds Fokker 50 capacity

13SEP2017

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Ukraine's YanAir ends Saab operations

13SEP2017

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Cathay Pacific rejigs A350 order book, slows deliveries

13SEP2017
Cathay Pacific (CX, Hong Kong Chek Lap Kok) has announced it has revised its A350-1000 order plans. According to Airbus's August order book numbers, Cathay Pacific's A350-1000 backlog totaled twenty-six machines.

In a Hong Kong stock exchange filing, the carrier noted that an existing order for six A350-1000s is to be converted into six A350-900s (to be delivered in 2019 and 2020) and the delivery of five A350-1000s is to be deferred from 2020 to 2021.

The conversion switch is expected ...

Etihad keeping Jet Airways stake, confirms Goyal

13SEP2017
Jet Airways (9W, Mumbai Int'l) is not losing its equity partner Etihad Airways (EY, Abu Dhabi Int'l) despite being on the lookout for other investors, Jet Chairman Naresh Goyal has confirmed. India Today reports that the Abu Dhabi carrier has no plans to disinvest itself of its 24% stake in the Indian airline.

As previously reported, Jet Airways is keen to find additional investors, as India has now lifted the foreign carrier ownership cap to 49%. It is looking to raise between USD200-250 ...

Slovenia's Adria Airways sells brand in €8mn deal

13SEP2017
Adria Airways (JP, Ljubljana) has disclosed in its annual report that it sold its brand in December of last year in a deal worth EUR8 million (USD9.6 million). However, the airline has not revealed who the buyer was. News site Siol speculates that the brand may have been sold to a company connected to Adria's owner 4K Invest in a bid to improve its financial figures on paper.

According to Adria's annual report, the airline will lease back the trademark. "A branding fee is paid by the new ...

Air Berlin cuts Caribbean routes; Wohrl offers €500 mn

13SEP2017
German entrepreneur Hans-Rudolf Wöhrl has offered EUR500 million (USD599 million) for insolvent Air Berlin (AB, Berlin Tegel) with an upfront payment of EUR50 million (USD59.9 million). In a post on his Facebook page, Wöhrl also welcomed the participation of fellow potential buyers Lufthansa, Condor, TUI fly (Germany), Germania and Niki Lauda (former owner of Niki) in his offer, but said that his Intro Group was also happy to go it alone.

Wöhrl has bid for the whole of Air Berlin as it was ...

flydubai schedules B737 MAX debut for 4Q17

13SEP2017
flydubai (FZ, Dubai Int'l) is planning to debut commercial B737 MAX 8 operations in October of this year, ch-aviation has been informed.

At present, the type is provisionally set to make its maiden appearance on flights to Bangkok Suvarnabhumi, Thailand, on October 3. It will also run selected services to Prague and Bucharest Otopeni later on in the month as well as some training sectors throughout the Gulf.

Of the seventy-five B737 MAX it has on order from Boeing (BOE, Chicago O'Hare), ...