Udan Aviation has registered its first aircraft, a Global 6000, ch-aviation research has revealed. ZS-CLO (msn 9438) is a 13.5-year-old aircraft formerly operated by San Marino's FTC Aviation. It was re-registered in South Africa in late July 2024 and was activated on August 10 for a test flight around Dubai World Central. It subsequently flew [...]
Kenya Airways (KQ, Nairobi Jomo Kenyatta) aims to convert loans into shares to reduce its debt and increase equity, paving the way for a strategic investor to come on board by December or early next year, according to CEO Allan Kilavuka. He told Kenya's Business Daily Africa that the airline is banking on its top [...]
Latvia's Cabinet has approved steps for the forthcoming initial public offering (IPO) of airBaltic (BT, Riga) including simplifying the airline's share structure to enhance its appeal to investors. To prepare for the IPO, airBaltic will consolidate its four existing share classes into a single class, in line with an August 30 Cabinet decision. The airline [...]
Aegean Airlines (A3, Athens) has announced a commercial joint venture and equity investment in Volotea (V7, Barcelona El Prat) of up to EUR50 million euros (USD55.2 million), split into two tranches. This could potentially give the Greek flag carrier a 21% stake in the Spanish LCC. The first tranche of EUR25 million (USD27.6 million) has [...]
Turkish Airlines (TK, Istanbul Airport) has ended its distribution agreement with Sabre Airline Solutions as of September 1, 2024, as it pushes towards more direct bookings through its forthcoming TKConnect platform. "Despite Sabre's intense efforts, we have not been able to reach mutually beneficial and commercially reasonable terms, and Turkish Airlines has decided to discontinue [...]
Iraq’s Ministry of Transport has decided to suspend six Iraqi Airways (IA, Baghdad) executives, including the general manager, Manaf Abdel-Monem, after severe delays at Baghdad International Airport on August 31, an official statement revealed. The suspensions will last while an investigation into the delays takes place but no longer than 60 days. In the meantime, [...]
East Coast Flight Services (JTM, Easton Newnam) inducted its first GIV-SP onto its Part 135 certificate. The aircraft is the only Gulfstream Aerospace aircraft and the first large business jet in its current fleet. N51PR (msn 1425) is a 23.2-year-old aircraft. Over the last month of operations with EAS Charter, it has been flying various [...]
Source: ch aviation Read more: Canada's Nolinor Aviation eyes customer-centric growth
Atmospherica Aviation (AAN, Prague Václav Havel) has retired its only Challenger 300, OK-AOA (msn 20295), and plans to replace it with an incoming Praetor 600. The Czech business aviation specialist has operated the Challenger 300 - its only Bombardier Business Aircraft unit - since 2017. It was last in service on August 31, 2024, flying [...]
Latvia’s government plans to retain just 25% of its stake in airBaltic (BT, Riga), plus one share, after it puts the company up for a long-awaited initial public offering (IPO) later this year, local media reported citing a government announcement. "We will ensure that the airline's main base remains at Riga Airport and that the [...]