Vanuatu's Unity Airlines delays Aero Commander induction
Source: ch aviation Read more: Vanuatu's Unity Airlines delays Aero Commander induction
Malaysia's Prima Air to be sold to logistics group Sin-Kung
Source: ch aviation Read more: Malaysia's Prima Air to be sold to logistics group Sin-Kung
Australia's Sharp Airlines eyes Rex's King Island flights
The managing director of Sharp Airlines (SH, Hamilton, VI) says the scheduled Australian regional carrier is watching what happens with Rex - Regional Express (ZL, Wagga Wagga) and its flights to Bass Strait's King Island. Malcolm Sharp said his airline is in a "strategic hold" and, with its 14-year history of flying to nearby Flinders [...]
Portugal’s TAP pitches lowball debt settlement offer to Azul
Source: ch aviation Read more: Portugal’s TAP pitches lowball debt settlement offer to Azul
French Polynesia's Air Moana maintains ops despite deadline
Source: ch aviation Read more: French Polynesia's Air Moana maintains ops despite deadline
LATAM refinances debt via $1.4bn secured notes issuance
LATAM Airlines Group has successfully issued USD1.4 billion worth of secured notes, maturing in 2030 at an annual interest rate of 7.875%. By refinancing its debt, LATAM will reduce its cost of debt while generating annual savings of approximately USD83 million in lower interest payments, the company said in a material fact filed to Chile’s [...]
Beleaguered Southwest C-levels buy up stock
Robert ‘Bob’ Jordan, Gary Kelly, and Rakesh Gangwal, respectively the chief executive officer (CEO), executive chairman, and board director member of Southwest Airlines (WN, Dallas Love Field), have bought over 3.7 million shares in the Texan budget carrier, SEC filings have shown. Rakesh Gangwal, who is also the co-founder and owner of India's IndiGo Airlines [...]
US's GlobalX eyes wet-lease capacity for Caribbean Sun ops
Source: ch aviation Read more: US's GlobalX eyes wet-lease capacity for Caribbean Sun ops
Netherlands' Zeusch Aviation to retake GIV in 1Q25
Zeusch Aviation (SUZ, Lelystad) is planning to re-register a GIV to its fleet and start its operations in the first quarter of 2025 once maintenance in the United States is done, Accountable Manager Marco Rietvelt told ch-aviation. N400ZU (msn 1009) was registered in the United States on September 5, 2024, and ferried from Basel/Mulhouse/Freiburg, CH [...]
Egypt's CIAF Leasing in talks to place E170s across Africa
Source: ch aviation Read more: Egypt's CIAF Leasing in talks to place E170s across Africa