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Nigeria's Aero Contractors eyes 15-strong fleet

19.03.2019 - 16:04 UTC
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Aero Contractors (NIG, Lagos) is planning to more than double its fleet as it looks to regain lost market share, chief executive Ado Sanusi has said.

Nigeria's oldest airline, Aero Contractors was originally 100% owned by the Ibru family. However, following its inability to repay bank loans, the state-owned Asset Management Corporation of Nigeria (AMCON) took a 60% stake in the airline in late 2012 before assuming managerial control in 2016. At the time, it operated a fleet of seven B737-400s,...

Iran's Meraj Air adds A319sch-aviation PRO exclusive

19.03.2019 - 14:39 UTC
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Germany's INTRO Aviation takes control of France's Corsair

19.03.2019 - 13:14 UTC
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TUI Group has announced it has sold off a majority stake in its Corsair International (SS, Paris Orly) carrier to German aviation turnaround specialists, INTRO Aviation.

The German tour operator group said in a statement that under the deal, INTRO will acquire a 53% stake in Corsair as a first step. TUI Group will initially retain a minority stake of 27%, while Corsair’s Employee Benefit Trust will control the remaining 20%. Earlier reports had indicated INTRO would partner US-based private equity specialist Crestline in the acquisition....

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Chaharmahal & Bakhtiari-based start-up set to secure Fokkersch-aviation PRO exclusive

19.03.2019 - 11:50 UTC
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Russia's UTair sends new restructuring plan to creditorsch-aviation PRO exclusive

19.03.2019 - 10:25 UTC
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Lufthansa eyes Condor and its market niche

19.03.2019 - 09:00 UTC
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Lufthansa Group is interested in taking over Condor (DE, Frankfurt Int'l) "one way or another" to grow its leisure-oriented business, Group CEO Carsten Spohr said during a quarterly earnings call.

"Assuming we'll - one way or another get a whole of Condor, be it through an acquisition, be it through a bankruptcy, that could be the number of airplanes we could end up with in Frankfurt Int'l and Munich," Spohr said.

He did not elaborate on the group's plans for the acquisition of Condor from...

Delta set to gain Alitalia foothold as easyJet drops outch-aviation PRO exclusive

19.03.2019 - 07:36 UTC
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Avion Express adjusts Maltese subsidiary's launch plansch-aviation PRO exclusive

19.03.2019 - 06:01 UTC
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Romania's Just Us Air to add maiden A320ch-aviation PRO exclusive

19.03.2019 - 05:58 UTC
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Jet Airways defaults again as talks with Etihad stallch-aviation PRO exclusive

19.03.2019 - 05:44 UTC
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Qatar Airways mulls acquisitions in 2019, won't need bailout

19.03.2019 - 04:39 UTC
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Qatar Airways (QR, Doha Hamad Int'l) is planning to buy equity in a new airline in 2019, Air Transport World quoted Qatar Airways Group CEO Akbar Al Baker as saying during the Aviation Africa Summit.

Al Baker did not reveal which airlines the Qatari carrier is interested in. The group currently holds stakes in IAG International Airlines Group (21.46%), LATAM Airlines Group (10%), Cathay Pacific (9.6%), and AQA Holding, parent of Air Italy (49%). Al Baker has repetitively voiced his interest in investing...

Saudia mulls order for smaller widebody in 2019

19.03.2019 - 03:34 UTC
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Saudia (SV, Jeddah) is mulling placing a "major" order for widebody aircraft in the coming six months, most likely either B787s or A350s, CEO Jaan Albrecht told Air Transport World.

Albrecht said that the carrier's existing fleet of thirty-five B777-300(ER)s covers its large widebody needs. According to the ch-aviation fleets module, the carriers long-haul fleet also includes thirteen B787-9s and seven B747-400s wet-leased from Air Atlanta Icelandic. Saudia also operates five A330-200s,...

Local gov't rules out sale of Yamal Airlinesch-aviation PRO exclusive

19.03.2019 - 02:28 UTC
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Russian gov't stalls Pobeda's plan to add B737 MAX 8sch-aviation PRO exclusive

19.03.2019 - 01:23 UTC
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Somalia bans Antonov turboprops

19.03.2019 - 00:17 UTC
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The Somali Civil Aviation Authority (SCAA) has banned various older Antonov Design Bureau turboprops from the country's airspace effective March 15.

According to an SCAA letter seen by the Voice of America (VOA), the ban affects all An-24, An-26, An-32, and An-12 turboprops. In the letter, the regulator said its decision was based on a lack of certified AMO facilities in East Africa capable of servicing the aircraft.

In addition, the SCAA also said the Antonovs lack the required traffic collision avoidance...

Germany's WDL Aviation adds first E190

18.03.2019 - 23:12 UTC
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WDL Aviation (WH, Cologne/Bonn) has taken delivery of its first of four ex-Copa Airlines Colombia E190s on lease from Azorra Aviation.

Formerly HK-4505 (msn 19000114), D-ACJJ was ferried from Macon to Cologne/Bonn via Bangor and Reykjavik Keflavik last week. The remaining trio of jets will arrive before October of this year.

The German carrier will use the Embraer Regional Jets to replace its existing passenger fleet of BAe Systems quadjets which currently numbers three BAe 146-200s (of which one...

Venezuelan gov't targets Copa Airlines over Guaidó flightch-aviation PRO exclusive

18.03.2019 - 22:06 UTC
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Uganda Airlines outlines early regional network plans

18.03.2019 - 21:01 UTC
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Uganda Airlines (Entebbe/Kampala) has outlined its proposed route network as its launch plans gather pace. According to the state-owned start-up, initial routes will cover Entebbe/Kampala to each of Lusaka (Zambia), Khartoum (Sudan), Bujumbura (Burundi), and Kinshasa N'Djili (Democratic Republic of Congo) with Accra (Ghana) and Johannesburg O.R. Tambo (South Africa) to follow thereafter.

Operations will be on-board a pair of CRJ-900s.

Sources familiar with events told The East African newspaper that...

DOT selects Denver Air Connection for EAS at Alliance, NE

18.03.2019 - 19:55 UTC
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The US Department of Transportation (DOT) has selected Key Lime Air (KG, Denver Centennial) doing business as Denver Air Connection for the Essential Air Service (EAS) contract at Alliance, NE.

The airline will operate for the two-year period from June 1, 2019, through May 31, 2021, at an annual subsidy rate of USD2.3 million. It will fly 12x weekly to Denver Int'l using Metroliner aircraft.

Alliance is currently served by Boutique Air (4B, San Francisco, CA) which flies 12x weekly to Denver using...

Russia's Pskovavia loses AOCch-aviation PRO exclusive

18.03.2019 - 18:22 UTC
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Air India drops Madrid, Birmingham ops due to Pak conflict

18.03.2019 - 16:06 UTC
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Air India (AI, Mumbai Int'l) has announced it will terminate flights from Delhi Int'l to Birmingham Int'l (including via Amritsar) and Madrid Barajas due to "operational issues" related to aircraft shortages and the closure of the Pakistani airspace, the Times News Network has reported.

The airline said it currently has over twenty-three aircraft grounded and awaiting repairs. According to the ch-aviation fleets module, this number includes six B787-8s used by the carrier on routes to Madrid and...

Germania to be sold by end-1Q19 or split upch-aviation PRO exclusive

18.03.2019 - 14:58 UTC
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Kazakhstan's Air Astana looks to IPO in 4Q19ch-aviation PRO exclusive

18.03.2019 - 13:49 UTC
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US suspends EU wet-lease proceedings until 3Q19

18.03.2019 - 12:40 UTC
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The US Department of Transportation (DOT) says it has suspended proceedings against European Union-based carriers, as well as those based in Iceland, Norway, and Switzerland, regarding their use of long-term, EU-based ACMI capacity.

In late February, the DOT had issued a Show Cause in which it threatened to withdraw authorisations from March 30 onwards for EU-EU wet-lease contracts that had run, and would run, for more than 14 months. The Department said at the time that it had decided to proceed with the action given the EU's delays in ratifying a Wet...

Hong Kong Airlines told to submit turnaround plan

18.03.2019 - 11:32 UTC
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The Hong Kong Air Transport Licensing Authority (ATLA) has announced that following an earlier inquest into the state of the airline's finances, it has now directed Hong Kong Airlines (HX, Hong Kong Int'l) to submit a financial recovery plan.

In late February, the regulator said it was "gravely concerned" about the airline's state of affairs given the slew of lawsuits filed against it by creditors citing unsettled debts. Among them were a Macau-based financing house, Luso International Banking (LIB), owed USD20 million and lessors...

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