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Qatar Airways files countersuit against GTLK Europe SPV

This article is only available for Commercial Aviation News, Operator and Airport Data. subscribers.Find out more Source: ch aviation Read more: Qatar Airways files countersuit against GTLK Europe SPV

By | February 2nd, 2025|Financial|0 Comments

Lessor rejects Tajik Air lease settlement claims

This article is only available for Commercial Aviation News, Operator and Airport Data. subscribers.Find out more Source: ch aviation Read more: Lessor rejects Tajik Air lease settlement claims

By | February 2nd, 2025|Financial|0 Comments

Air Niugini, PNG Air reject airport operator debt claims

Papua New Guinea's Civil Aviation Minister Walter Schnaubelt says Air Niugini (PX, Port Moresby) and PNG Air (CG, Port Moresby) owe the state-owned National Airports Corporation (NAC) over PGK150 million kina (USD37.5 million) and have ignored repeated requests to pay. However, the carriers say this is not the case. Schnaubelt told The Post Courier newspaper [...]

By | February 2nd, 2025|Financial|0 Comments

Bolivia’s BoA seeks new aircraft, faces monopoly claims

This article is only available for Commercial Aviation News, Operator and Airport Data. subscribers.Find out more Source: ch aviation Read more: Bolivia’s BoA seeks new aircraft, faces monopoly claims

By | January 31st, 2025|Financial|0 Comments

Brazil’s Azul restructures finances, cuts $1.6bn debt

Azul Linhas Aéreas Brasileiras (AD, São Paulo Viracopos) has completed its financial restructuring after securing agreements with bondholders, lessors, and OEMs, it announced in regulatory filings. This eliminates nearly USD1.6 billion in debt from its balance sheet and raises an additional USD525 million. The negotiations with lessors and OEMs resulted in the elimination of USD557 [...]

By | January 31st, 2025|Financial|0 Comments

Spain’s Privilege Style takes delivery of B777-200ER

This article is only available for Commercial Aviation News, Operator and Airport Data. subscribers.Find out more Source: ch aviation Read more: Spain’s Privilege Style takes delivery of B777-200ER

By | January 31st, 2025|Financial|0 Comments

DRC's flyCAA to debut Africa's first A321-200PCF

This article is only available for Commercial Aviation News, Operator and Airport Data. subscribers.Find out more Source: ch aviation Read more: DRC's flyCAA to debut Africa's first A321-200PCF

By | January 31st, 2025|Financial|0 Comments

AMCON pursues debt recovery, plans Arik Air liquidation

Nigeria's state-owned Asset Management Company (AMCON) is determined to recover debts of NGN228 billion naira (USD149 million) from Arik Air (W3, Lagos), while plans to liquidate the airline remain in place as attempts to revive it have failed. This was the word from AMCON spokesman Jude Nwauzor, who explained to local reporters that the state-owned [...]

By | January 31st, 2025|Financial|0 Comments

Cameroon's Fly ZeJet halts ops amid shareholder conflict

This article is only available for Commercial Aviation News, Operator and Airport Data. subscribers.Find out more Source: ch aviation Read more: Cameroon's Fly ZeJet halts ops amid shareholder conflict

By | January 31st, 2025|Financial|0 Comments

Tajikistan's Somon Air inks deal to buy two B737-8s

Somon Air (SZ, Dushanbe) has signed an agreement to purchase two new B737-8s from DAE Capital, its first B737 MAX aircraft. The two jets will join the carrier in 2026. "The signing of this agreement is part of our long-term strategy to modernise the fleet and improve the quality of service," said Somon Air CEO [...]

By | January 31st, 2025|Financial|0 Comments