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Spain’s Iberia Express freezes growth over pilot union block

Negotiations between Iberia Express (I2, Madrid Barajas) and Spain’s pilots union (Sindicato de Pilotos de España - Sepla) have stalled, forcing parent Iberia (IB, Madrid Barajas) to freeze growth at the regional carrier. The parties are negotiating the possibility of relaxing the constraints under which Iberia Express operates by making changes to an annex in [...]

By | August 22nd, 2024|Financial|0 Comments

FlyGabon delays debut to mid-3Q24

Following delays, Gabon's new national carrier FlyGabon (Libreville Leon M'Ba) is now set to launch its first commercial flight on August 31 as it starts with domestic routes, according to an official news release. The launch had initially been slated for August 5. The brand will be operated by Afrijet Business Service (J7, Libreville Leon [...]

By | August 22nd, 2024|Financial|0 Comments

Somalia threatens to ban Ethiopian, flydubai over Somaliland

Source: ch aviation Read more: Somalia threatens to ban Ethiopian, flydubai over Somaliland

By | August 22nd, 2024|Financial|0 Comments

Malta's AirX Charter closes in on USD250mn investment

AirX Charter (AX, Malta International) is reportedly close to finalising a new USD250 million investment deal with Searchlight Capital Partners, which will see the New York-based private equity fund take a 25% stake in the operator, Sky News has reported. While refusing to comment on the article, chairman and co-founder John Matthews told ch-aviation that [...]

By | August 22nd, 2024|Financial|0 Comments

Saudi Arabia mulling new cargo airline – report

Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), is exploring the establishment of a new cargo airline to position the kingdom as a major global logistics hub competing with the likes of Dubai International and Doha Hamad International, Bloomberg reported citing unnamed sources familiar with the matter. The planned cargo operation would support [...]

By | August 22nd, 2024|Financial|0 Comments

India's Alhind Air eyes start by YE24 with three ATR72s

Indian start-up Alhind Air has secured a no-objection certificate from the Directorate General of Civil Aviation (DGCA), an important step towards obtaining its air operator's certificate (AOC). It is now in the process of completing the requirements to get its AOC. Backed by tour operator Alhind Tours & Travels Pvt. Ltd, part of Alhind Group, [...]

By | August 22nd, 2024|Financial|0 Comments

Malaysia to tighten foreign aircraft general aviation rules

Malaysia's transport minister, Anthony Loke, says the country must tighten the rules around the operation of foreign aircraft in the wake of a US-registered business jet crash in Elmina, Selangor state, in August 2023 that killed ten people. "There is a need to strengthen the regulations over the operations of foreign aircraft here," he told [...]

By | August 22nd, 2024|Financial|0 Comments

China's Spring Airlines completes share buyback scheme

Source: ch aviation Read more: China's Spring Airlines completes share buyback scheme

By | August 22nd, 2024|Financial|0 Comments

TAG Aviation exits Gulfstream aircraft from its Maltese AOC

TAG Aviation (Malta) (TEU, Malta International) has retired its last Gulfstream Aerospace aircraft, a G650ER, transferring the aircraft to Avcon Jet Malta, ch-aviation research has revealed. 9H-MFC (msn 6534) was last active flying under TAG Aviation's Maltese AOC on July 27, 2024, flying from Nice to Istanbul Airport and return. It began operating for Avcon [...]

By | August 21st, 2024|Financial|0 Comments

Tax office may go after private assets of FlyBosnia owner

Source: ch aviation Read more: Tax office may go after private assets of FlyBosnia owner

By | August 21st, 2024|Financial|0 Comments