FlyArna (G6, Yerevan) has reportedly informed its employees by email that it has started liquidation proceedings, local investigative news site Hetq reported citing anonymous informants. The government has also approved the dissolution of the Armenian National Interests Fund (ANIF), a 49% shareholder in the carrier. The sources said that the airline had terminated all remaining [...]
Source: ch aviation Read more: Russian court delays UTair case against Armenian MRO firm
Source: ch aviation Read more: Saudia in talks with COMAC to better understand the C919
Qatari and Indian interests are part of a consortium that wants to buy a majority stake in SriLankan Airlines (UL, Colombo International), according to Colombo's Daily FT outlet. MBS Investments, the investment arm of Sheikh Nayef Bin Eid Al Thani's private office, has teamed up with Sri Lanka's Supreme Global Holdings and India's Sherisha Technologies [...]
Source: ch aviation Read more: San Marino's SM Executive Aviation adds A330-300 again
An Indian court has ordered SpiceJet (SG, Delhi International) to return two aircraft and three engines to lessor TWC Aviation Capital by the end of May. US-based TWC had previously secured orders against the LCC in the UK courts and turned to the Indian courts to enforce those orders. "This court has no option but [...]
Teleport, the Capital A logistics subsidiary, is looking to bolster its freighter fleet from the present three to ten by the end of 2025 and is mulling an IPO further down the track, CEO Pete Chareonwongsak has told Bloomberg. Securing the additional freighters should not be a problem given the current over-supply, he said. “It’s [...]
The administrators of insolvent Bonza (AB, Sunshine Coast) have secured a two-month extension of their appointment as voluntary administrators of the airline. Australia's Federal Court granted the extension in a May 27 hearing. Hall Chadwick said it needed the extra time to sell the business and its assets, which it claims is in the best [...]
Source: ch aviation Read more: Floods compel Azul, GOL, LATAM to fly to Canoas, Brazil
Clay Lacy Aviation (CLY, Van Nuys) plans to open its new Fixed Base Operator (FBO) facility at Oxford, CT airport in summer 2024. The new 120,000-square-foot (11,150-square-metre) facility will be equipped with wide doors to accommodate new-generation ultra-long-range business jets such as the Global 7500, the Gulfstream G700, and the Falcon 10X. Construction is currently [...]