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Norway's Norse Atlantic shifts focus to more ACMI, charter

Norse Atlantic Airways (N0, Oslo Gardermoen) has announced it is revising its business strategy by allocating at least half of its fleet capacity to ACMIs and charter services from the fourth quarter and throughout the IATA winter season. In a statement announcing its second quarter results for 2024, the Norwegian airline said the third quarter [...]

By | September 3rd, 2024|Financial|0 Comments

Gabon regime acquires new presidential jets – report

Source: ch aviation Read more: Gabon regime acquires new presidential jets - report

By | September 3rd, 2024|Financial|0 Comments

FlyGabon debuts ops on domestic routes

Source: ch aviation Read more: FlyGabon debuts ops on domestic routes

By | September 3rd, 2024|Financial|0 Comments

Lufthansa Group eyes 19.9% stake in TAP – reports

Lufthansa Group has declined to comment on reports that it is seeking to acquire a 19.9% stake valued between EUR180 million and EUR200 million euros (USD199-221 million) in TAP Air Portugal (TP, Lisbon) as part of the Portuguese flag carrier's privatisation process. "We do not comment on these media reports," a Lufthansa Group spokesman informed [...]

By | September 3rd, 2024|Financial|0 Comments

Mexico’s mas to grow A330-300(P2F) fleet

Source: ch aviation Read more: Mexico’s mas to grow A330-300(P2F) fleet

By | September 2nd, 2024|Financial|0 Comments

Brazil's Líder Táxi Aéreo adds first G450 for private ops

Líder Táxi Aéreo has inducted its first G450 onto its Air Operator's Certificate (AOC), although the aircraft is operated privately for the owner. It is also its first operated Gulfstream Aerospace jet. PS-BDH (msn 4204) was registered in Brazil on July 5, 2024, and is certified to carry up to 16 persons but is not [...]

By | September 2nd, 2024|Financial|0 Comments

Abra negotiates $1.3bn loan to address GOL's C11

Abra Group has entered into a commitment letter with investment firm Castlelake to raise USD1.3 billion in funds to avoid the risk of default on the holding's bonds due to GOL Linhas Aéreas Inteligentes’s ongoing US Chapter 11 bankruptcy process. The financing will be used to refinance Abra's senior secured notes in full, the group [...]

By | September 2nd, 2024|Financial|0 Comments

Argentina’s Flybondi still mum on Brazilian AOC

Source: ch aviation Read more: Argentina’s Flybondi still mum on Brazilian AOC

By | September 2nd, 2024|Financial|0 Comments

Falklands, Ascension Island gov't agree on Airlink tickets

The governments of the Falkland Islands and Ascension Island, two British Overseas Territories in the South Atlantic, have agreed to block a quota of ten seats on each Airlink (South Africa) (4Z, Johannesburg O.R. Tambo) flight between Ascension Island and St. Helena for Falklands residents. "This agreement removes the risk of travellers from the Falklands [...]

By | September 2nd, 2024|Financial|0 Comments

Nigeria's Anambra state eyes own airline

Anambra is the latest Nigerian state government to explore options to establish its own airline or partner with an existing one to enhance air transport connectivity, according to the state's transportation commissioner, Patricia Igwebuike. Speaking at the 9th All Nigeria Airport Business Summit and Expo in Lagos on August 24, she said that Anambra state [...]

By | September 2nd, 2024|Financial|0 Comments