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Spain’s Wamos Air pays off Covid-19 gov’t loan

Grupo Wamos, parent entity of Wamos Air (EB, Madrid Barajas), has repaid Spain’s sovereign wealth fund (Sociedad Estatal de Participaciones Industriales - SEPI) a loan granted to the firm through a support fund for strategic companies (Fondo de Apoyo a la Solvencia de Empresas Estratégicas - FASEE) during the Covid-19 pandemic. The ACMI/charter carrier made [...]

By | October 18th, 2024|Financial|0 Comments

Mozambique's LAM suspended from IATA Clearing House

Source: ch aviation Read more: Mozambique's LAM suspended from IATA Clearing House

By | October 18th, 2024|Financial|0 Comments

Etihad Airways mulls widebody order – report

Etihad Airways (EY, Abu Dhabi International) is in "exploratory" talks with both Airbus and Boeing about a new large widebody order, Bloomberg has reported citing unnamed sources. The Emirati flag carrier is choosing between the A350s and B777X types, although sources said the talks were not expected to be finalised any time soon. It is [...]

By | October 18th, 2024|Financial|0 Comments

Saudi Red Crescent reissues tender for air ambulance ops

The Saudi Red Crescent Authority is seeking an operator for its air ambulance services in 2025, information on the Saudi tendering platform Etimad showed. The latest tender was published on October 14 after a previous attempt had failed. The operator is expected to provide air ambulance services throughout Saudi Arabia, a call that ends on [...]

By | October 18th, 2024|Financial|0 Comments

Emirates ramps up fleet refurbishment; adds B777 freighters

Emirates (EK, Dubai International) has upped its investment in fleet refurbishment programs to USD4 billion to help counter ongoing aircraft delivery delays, according to vice president and chief operating officer Adel Al Redha. Speaking at this week's Aviation Future Week event in Dubai, Al Redha said Emirates is increasing the number of B777s and A380-800s [...]

By | October 18th, 2024|Financial|0 Comments

Iran's Yazd Airways inducts first ARJ-85

Source: ch aviation Read more: Iran's Yazd Airways inducts first ARJ-85

By | October 18th, 2024|Financial|0 Comments

New president vetoes sale of SriLankan Airlines

The recently elected Sri Lankan president has confirmed SriLankan Airlines (UL, Colombo International) will remain state-owned, drawing a line under another failed attempt to privatise or partially privatise the heavily-indebted carrier. “President Anura Kumara Dissanayake has instructed that the airline should be an institution that all Sri Lankans are proud of and should be owned [...]

By | October 18th, 2024|Financial|0 Comments

Bhutan's Drukair eyes growth on back of Airbus order

Source: ch aviation Read more: Bhutan's Drukair eyes growth on back of Airbus order

By | October 18th, 2024|Financial|0 Comments

Viet Nam's Bamboo Airways to pay tax bill in installments

Source: ch aviation Read more: Viet Nam's Bamboo Airways to pay tax bill in installments

By | October 17th, 2024|Financial|0 Comments

US carriers granted new Washington Nat'l slots

The US Department of Transportation (DOT) has tentatively granted two slot exemptions at Washington National to Alaska Airlines, American Airlines, Delta Air Lines, Southwest Airlines, and United Airlines to operate new nonstop roundtrip services. Alaska Airlines received authorisation for nonstop daily service to San Diego International using 159-seat B737-800 or B737-8 aircraft. "This brings us [...]

By | October 17th, 2024|Financial|0 Comments