Spain's Volotea to defer IPO due to market volatility
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Malta’s Universal Air ends scheduled ops
Universal Air (VO, Malta International) has decided to halt its scheduled services entirely and focus on other parts of its business, the carrier said in a statement on its website. “Although Universal Air’s scheduled passenger services are ending, we remain fully operational. We continue to offer charter flight and ACMI services,” the statement said. The [...]
Cyprus' Euroavia Airlines to expand the fleet with B767Fs
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Board of Brazil's GOL proposes capital increase
The board of GOL Linhas Aéreas Inteligentes (G3, São Paulo Congonhas) will ask shareholders to approve a capital increase of BRL5.34 billion to BRL19.25 billion reais (USD940 million to USD3.4 billion) by issuing at least 3.64 trillion common shares and 430.3 billion preferred shares and, at most, 13.1 trillion common shares and 1.55 trillion preferred [...]
Brazilian court allows VoePass to lease São Paulo slots
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Nigeria unveils new aircraft lease insurance rules
The Nigerian federal government has announced revised insurance regulations for leased aircraft that align with the Cape Town Convention to ease aircraft financing for local airlines. Aviation Minister Festus Keyama said in a statement that the revised policy allows local operators to cede up to 90% of insurance risk to international markets under certain conditions [...]
IAG to rethink Iberia Express strategy as pilot talks stall
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Russia's Volga-Dnepr told to pay $203mn to lessor
This article is only available with a subscription for Commercial Aviation News, Operator & Airport Data. Source: ch aviation Read more: Russia's Volga-Dnepr told to pay 3mn to lessor
Tajikistan's Somon Air to explore Frankfurt Hahn ops
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Myanmar Airways International taking over Mingalar sch'd ops
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