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India's Adanis, Ambanis take B737 MAX BBJs

Indian industrial conglomerates Adani Group and the Ambani family's Reliance Industries have both taken delivery of B737 MAX business jets for their own corporate needs, ch-aviation research has revealed. Reliance Industries took its first B737-9(BBJ) T7-LOTUS (msn 65334) on August 27, 2024. The aircraft was ferried from Basel/Mulhouse/Freiburg, CH to Delhi International after extensive cabin [...]

By | September 5th, 2024|Financial|0 Comments

India's DGCA issues Akasa Air with a show cause notice

India's Directorate General of Civil Aviation (DGCA) has issued a show cause notice to Akasa Air (QP, Mumbai International) after a surprise audit in May uncovered several regulatory lapses. The audit found Akasa had operated flights without a route guide and conducted training sessions without the necessary regulatory approvals, breaching Civil Aviation Regulations 7/I/VII and [...]

By | September 5th, 2024|Financial|0 Comments

China’s Hainan Airlines Holding announces new A320neo leases

Hainan Airlines Holding (HAH) and Avolon have announced an agreement for the operating lease of five A320-200N aircraft, to be delivered before the end of 2025, according to a Shenzhen Stock Exchange filing. According to the August 31 disclosure, the group will operate the five A320neo for a 12-year lease period, with a total lease [...]

By | September 5th, 2024|Financial|0 Comments

Cathay Pacific inspects A350 engines after fuel nozzle issue

Cathay Pacific (CX, Hong Kong International) says it has identified 15 affected aircraft out of its 48-strong A350 fleet after an engine part failure in a Rolls-Royce Trent XWB-97 engine powering an A350-1000 flight to Zurich earlier this week, causing it to return to Hong Kong and the carrier to ground its entire A350 fleet. [...]

By | September 4th, 2024|Financial|0 Comments

Brazil’s Azul nears deal with lessors, denies Chapter 11

Azul Linhas Aéreas Brasileiras (AD, São Paulo Viracopos) is not considering filing for Chapter 11 bankruptcy protection in the United States and is instead now negotiating with lessors to pay USD600 million for shares to settle its debt over the next three years, the company’s chief executive, John Rodgerson, told the newspaper Folha de S.Paulo [...]

By | September 4th, 2024|Financial|0 Comments

Air Sénégal, lessor to face off in court in Dakar – report

Source: ch aviation Read more: Air Sénégal, lessor to face off in court in Dakar - report

By | September 4th, 2024|Financial|0 Comments

Nigeria's Ibom Air adds CRJ900s to fill capacity gap

Source: ch aviation Read more: Nigeria's Ibom Air adds CRJ900s to fill capacity gap

By | September 4th, 2024|Financial|0 Comments

Belgium withdraws B777 freighter night ban at Brussels

Pending further consultations, the Belgian government has suspended a proposed night-time ban on Boeing 777 freighter operations at Brussels National, which would have impacted AeroLogic (3S, Leipzig/Halle) and DHL Express. The decision follows protests from Flanders' regional government and concerns that switching to smaller, older aircraft would increase noise levels. AeroLogic, a joint venture between [...]

By | September 4th, 2024|Financial|0 Comments

South Africa's Udan Aviation adds first Global 6000

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 [...]

By | September 4th, 2024|Financial|0 Comments

Kenya Airways seeks debt-to-equity swap as results improve

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 [...]

By | September 4th, 2024|Financial|0 Comments