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Another Nigerian state eyes its own aircraft – reports

The Bayelsa state government in southern Nigeria reportedly plans to spend NGN25 billion naira (USD15.9 million) to buy an undisclosed aircraft to boost traffic at the new Bayelsa International Airport, which was commissioned for commercial traffic in 2020, according to the newspapers Punch and the Niger Delta Herald. While no official statement has been made [...]

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

Lithuania's GetJet to boost revenue in "vertical expansion"

Passenger charter operator GetJet Airlines (GW, Vilnius) will focus on the "vertical expansion" of its services over the remainder of 2024 and throughout 2025, with the aim of generating annual revenues of EUR1 billion euros (USD1.1 billion) by the end of the decade. "We plan to extend GetJet’s aircraft maintenance services," Group CEO GetJet Aviation [...]

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

Kenya’s Fanjet Express adds first freighter

Source: ch aviation Read more: Kenya’s Fanjet Express adds first freighter

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

Zanzibar reveals plans for own aircraft, airport upgrades

The government of Zanzibar plans to buy an aircraft while prioritising airport infrastructure improvements, according to Khalid Mohamed Salum, minister of transport of the semi-autonomous region in Tanzania. Salum said the Zanzibar government was focusing on improving the infrastructure at Zanzibar and Pemba Wawi airports. According to the region's five-year development plan, seen by ch-aviation, [...]

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

Russia's GTLK warns airlines of spiralling LMS-901 costs

Source: ch aviation Read more: Russia's GTLK warns airlines of spiralling LMS-901 costs

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

Russia's KrasAvia to retire Let 410s in 2025 over sanctions

Source: ch aviation Read more: Russia's KrasAvia to retire Let 410s in 2025 over sanctions

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

Saudi's Mukamalah Aviation rebrands to Al Oula Aviation

Mukamalah Aviation (Dammam) has announced its new brand name, Al Oula Aviation, which it says is a nod to the historical significance of being Saudi Arabia's first aviation service provider. The company announced the brand name change on August 16 on its social media platforms. The Saudi Aramco-owned charter, MRO, and airport services company claims [...]

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

India's Alliance Air to seek more gov't support – report

State-owned Alliance Air (India) (9I, Delhi International) is seeking additional funding of INR7 billion rupees (USD83.5 million), sources have told India's Financial Express. This follows the government pumping INR6 billion (USD71.6 million) into the carrier last year, the vast bulk of which the carrier reportedly used to pay interest on its debts. The news outlet [...]

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

New gov't to restructure EgyptAir, privatize airport ops

Source: ch aviation Read more: New gov't to restructure EgyptAir, privatize airport ops

By | August 20th, 2024|Financial|0 Comments

Bulgaria Air-linked firm to build training centre in Sofia

Source: ch aviation Read more: Bulgaria Air-linked firm to build training centre in Sofia

By | August 20th, 2024|Financial|0 Comments