Teleport, the Capital A logistics subsidiary, is looking to bolster its freighter fleet from the present three to ten by the end of 2025 and is mulling an IPO further down the track, CEO Pete Chareonwongsak has told Bloomberg. Securing the additional freighters should not be a problem given the current over-supply, he said. “It’s [...]
The administrators of insolvent Bonza (AB, Sunshine Coast) have secured a two-month extension of their appointment as voluntary administrators of the airline. Australia's Federal Court granted the extension in a May 27 hearing. Hall Chadwick said it needed the extra time to sell the business and its assets, which it claims is in the best [...]
Source: ch aviation Read more: Floods compel Azul, GOL, LATAM to fly to Canoas, Brazil
Clay Lacy Aviation (CLY, Van Nuys) plans to open its new Fixed Base Operator (FBO) facility at Oxford, CT airport in summer 2024. The new 120,000-square-foot (11,150-square-metre) facility will be equipped with wide doors to accommodate new-generation ultra-long-range business jets such as the Global 7500, the Gulfstream G700, and the Falcon 10X. Construction is currently [...]
Source: ch aviation Read more: Dominican Republic revokes Venezuelan airlines' rights
Source: ch aviation Read more: Libya’s Petro Air working with authorities to resume flights
Source: ch aviation Read more: Wizz Air UK retires last A321-200s
Kenyan airlines have called on the government to reconsider proposed legislation that would end value-added tax (VAT) exemptions for the local aviation sector, warning it would negatively impact the industry's sustainability and disincentivise growth and investment. The Kenya Association of Air Operators (KAAO) - which represents 53 air operators, including Kenya Airways, Astral Aviation, Safarilink [...]
Source: ch aviation Read more: Lufthansa Cargo faces B777-200F delay due to quality issues
Source: ch aviation Read more: Saudi Arabia's Riyadh Air eyes 1H25 launch