British Airways (BA, London Heathrow) has dropped its service from London Heathrow to Kuala Lumpur International for the winter season and reduced its frequencies to Doha Hamad International, New York JFK (from London Gatwick), Mumbai International, Baltimore International, Boston, Los Angeles International, Pittsburgh International, and Santiago de Chile due to durability issues with the Rolls-Royce [...]
Airlec Air Espace (ARL, Bordeaux Mérignac) and VallJet (VLJ, Paris Le Bourget) have formed a strategic partnership which will include ownership changes and both companies becoming sister carriers under the same holding. "This strategic alliance involves equity transfers, resulting in both companies coming together under a unified ownership framework. Our goal is to optimise our [...]
India's Directorate General of Civil Aviation has lifted the enhanced surveillance regime it has imposed on SpiceJet (SG, Delhi International) in August after finding the carrier has corrected earlier identified deficiencies. The safety regulator also says a recent INR30 billion rupee (USD357 million) capital raise has reassured it that the low-cost carrier is getting its [...]
Source: ch aviation Read more: Thai Airways capital restructuring about to get underway
Malaysia Airlines (MH, Kuala Lumpur International) has delayed the debut of its first A330-900N because of findings identified by Airbus during the flight line stage. The airline had planned to start flying the aircraft on the Kuala Lumpur - Melbourne Tullamarine sector on November 25. Malaysia Aviation Group (MAG), the parent entity of Malaysia Airlines, [...]
Source: ch aviation Read more: Daemyung Sono Group buys stake in Korea's Air Premia
Ernst & Young have stepped down as the liquidators of Air Vanuatu (NF, Port Vila) after court-imposed conditions were satisfied, according to an October 15, 2024, notice. This follows a creditor's vote in August to approve an entity called AV3 Limited buying the airline. AV3 is a special-purpose vehicle owned by Vanuatu's Ministry of Foreign [...]
Boeing (BOE, Washington National) has secured USD10 billion in credit from lenders and announced plans to issue up to USD25 billion in shares or debt over the next three years to address ongoing operational challenges exacerbated by recent labour disputes. In a regulatory filing on October 15, the plane maker announced a USD10 billion supplemental [...]
Source: ch aviation Read more: Bahamas' Trans Island Airways disposes of only DHC-8-300
Source: ch aviation Read more: Liquidators seek to cancel WOW air creditors' payments