France’s Air Corsica to remain ACMI customer until mid-3Q24
Source: ch aviation Read more: France’s Air Corsica to remain ACMI customer until mid-3Q24
Madagascar Airlines secures $25mn from World Bank
Source: ch aviation Read more: Madagascar Airlines secures mn from World Bank
Russia’s Izhavia searches for more aircraft to lease
Source: ch aviation Read more: Russia’s Izhavia searches for more aircraft to lease
India's IndiGo to roll out business class on select aircraft
IndiGo Airlines (6E, Delhi International) will debut a business-class cabin on selected aircraft and routes by the end of the year in a significant shift away from its low-cost roots. CEO Pieter Elbers confirmed the change during a May 23 earnings call, saying that rising demand for premium travel and a need to cater to [...]
Nishant Pitti drops bid to buy India's Go First
EaseMyTrip CEO Nishant Pitti, one half of a two-man band attempting to acquire India's insolvent Go First (GOW, Mumbai International), has withdrawn his offer, posting on X on May 25 that "we have decided to withdraw from the GoAir bid to concentrate on our core areas of strength." He had teamed up with Ajay Singh, [...]
Russia’s Aurora signs up for An-24 wet lease
Source: ch aviation Read more: Russia’s Aurora signs up for An-24 wet lease
Thailand's MJets buys stake in Singapore's Wings Over Asia
MJets (Thailand) (MIN, Bangkok Don Mueang) has acquired a shareholding in Singapore-based private jet and general aviation company Wings Over Asia (WOA) on the back of strong demand for private jet travel in Southeast Asia. It paid SGD17 million Singaporean dollars (USD12.6 million) for the minority stake. According to ch-aviation fleets data, MJets operates two [...]
Third attempt to sell Korea's Fly Gangwon attracts interest
Source: ch aviation Read more: Third attempt to sell Korea's Fly Gangwon attracts interest
Denmark’s Maersk Air Cargo to receive two B777Fs in 3Q24
Maersk Air Cargo (DJ, Billund) expects that two B777-200Fs it ordered in November 2021 will arrive either by late summer or early autumn this year, the newly appointed global head of airfreight, John Wetherell, said in an interview with FreightWaves. The freighters, ordered by the airline’s predecessor Star Air (Denmark), will fly under a Danish [...]
Pakistani bourse delists PIA shares, lists HoldCo shares
The Pakistan Stock Exchange (PSE) has delisted shares in PIA - Pakistan International Airlines (PK, Islamabad International), effective May 25. The delisting is a cog in PIA's privatisation that will see the loss-making carrier pass into majority private ownership and control. The privatisation will see non-core assets and liabilities transferred off PIA's balance sheet into [...]