The liquidator of Air Vanuatu (NF, Port Vila) has said it will cut 170 jobs at the grounded carrier to right-size the airline’s cost base and prepare the business for sale or recapitalisation. “The restructuring at Air Vanuatu today is an unfortunate but necessary step to give the business the opportunity to bring on board [...]
Source: ch aviation Read more: NASA's B777 ferries to paintshop ahead of entry into service
Source: ch aviation Read more: US's Zoom! eyes "a couple" of E195s by YE25
Source: ch aviation Read more: France's Corsair faces objections to planned aid - report
Source: ch aviation Read more: Royal Air Maroc adds wet-leased A320 capacity
Source: ch aviation Read more: Romania’s Fly Lili to debut A319 in late 2Q24
Gama Aviation (GMA, Farnborough) has confirmed it is in discussions to acquire Austrian aircraft management and charter operator Tyrolean Jet Service (TJS, Innsbruck). Gama confirmed the talks in a May 24 filing with the London Stock Exchange, saying it was aware of "industry market speculation." Gama's "interest in Tyrolean Jet Service is consistent with the [...]
Source: ch aviation Read more: Sudan's Tarco Aviation, central bank deny account freeze
Source: ch aviation Read more: Angola's TAAG preparing to induct first A220, B787 - CCO
Turkish Airlines (TK, Istanbul Airport) expects up to 45 of its A320neo Family aircraft will be grounded this year and into 2025 due to Pratt & Whitney PW1100G engine issues. Chief Financial Officer Murat Seker revealed during a May 23 earnings call that the situation is fluid as the advice from the engine manufacturer changes [...]