Zest Aviation has taken delivery of its first Challenger 650 business jet, VT-ZTT (msn 6090). The 7.3-year-old aircraft was deregistered from the United States on March 21, 2024, having been stored for one year at Atlanta Fulton County. It was then ferried to India, where it operated its first test flight around Ahmedabad on April [...]
The board of Southwest Airlines (WN, Dallas Love Field) has approved adopting a limited-duration shareholder rights plan in response to Elliott Investment Management L.P. acquiring a significant amount of its common stock. The airline made the announcement via a July 3 regulatory filing and follows Elliott, a so-called activist investor, building a circa 11% stake [...]
Source: ch aviation Read more: Aerolíneas Argentinas lines up final MAX deliveries
The CEO of Croatia Airlines (OU, Zagreb Franjo Tuđman) says he is open to starting intercontinental flights using its incoming fleet of A220 aircraft but has ruled out long-haul flying. “Our team is constantly scanning for new routes, and our desire is to launch nonstop intercontinental flights in the future,” Jasmin Bajić said during a [...]
Source: ch aviation Read more: Venezuela’s Transcarga to phase out A300F; eyes B767s
Source: ch aviation Read more: South African Airways developing new long-term fleet plan
Lufthansa Group will be able to increase its ownership in Italy's state-owned ITA Airways (AZ, Rome Fiumicino) to 90% from early 2025, but it wants to keep the Italian government's support for the first two years following the merger scheduled for the fourth quarter of 2024, Group CEO Carsten Spohr told the Italian newspaper Corriere [...]
Source: ch aviation Read more: Kenya's Jambojet eyes regional growth through two-hub plan
Source: ch aviation Read more: Air Côte d'Ivoire eyes first A330neo in 4Q24; seeks finance
Bidding for a stake in PIA - Pakistan International Airlines (PK, Islamabad International) is expected to take place in the first week of August after six entities and/or consortia pre-qualified to do so. The entities eligible to bid are AirBlue (PA, Karachi International), Arif Habib Corporation, Blue World City, Fly Jinnah (9P, Karachi International), Pak [...]