BermudAir (2T, Bermuda) has deployed an "innovative funding approach" to raise USD1 million via a tokenised bond issuance executed on the Obligate on-chain capital markets platform, saying it is the first airline to use fintech to raise capital. The issue was conducted in conjunction with global digital assets and cryptofinance firm XBTO Group. "The funding [...]
Spirit Airlines (NK, Fort Lauderdale International) has announced the furloughing of approximately 260 pilots, effective September 1, 2024, on the back of its decision to defer all aircraft on order that were scheduled to be delivered in the second quarter of 2025 through to the end of 2026, to 2030-2031. The company posted a USD142.6 [...]
Source: ch aviation Read more: JetSMART Colombia to almost double fleet by 4Q24
MCG Aviation (Vancouver Boundary Bay) has added a Dassault Aviation 900EX to its fleet, according to Transport Canada records. The former Global Jet Luxembourg (SVW, Luxembourg) asset ferried to the United States via Bangor International in February and has since been entered into the Canadian register as C-FMCL (msn 619). MCG Aviation, a subsidiary of [...]
Camair-Co (QC, Douala) continues to face a debt burden of XAF124 billion Central African francs (USD203.7 million), making it the second most indebted state-owned enterprise in Cameroon, according to the country's latest monthly public debt review. Released on April 25, the report by Cameroon's public debt management committee (Comité National de la Dette Publique - [...]
Source: ch aviation Read more: Italy's AlisCargo takes first B777-200F ahead of restart
Source: ch aviation Read more: Surinam Airways switches ACMI operator amid disruptions
Greeley Air Charter (FTH, Denver Rocky Mountain) has retired its only Falcon 900EX following its transfer to Colorado-based petroleum firm Ovintiv. According to ch-aviation fleets ownership data, N900EU (msn 015) moved to Ovintiv's portfolio on February 29 this year. The 27-year-old trijet features 12 executive seats. As it stands, Greeley Air Charter's fleet now consists [...]
Global Jet Aruba (GJW, Aruba) has announced it has added its first ACJ330-200 to its charter fleet. P4-MLO (msn 451) is a 2002 model that underwent complete cabin refurbishment in 2019 and can seat up to 31 passengers. Global Jet Aruba also operates one ACJ319-100, one ACJ320-200, one B737-400(F), and one B747-8(BBJ). The carrier has [...]
JetBlue Airways (B6, New York JFK) has committed to purchasing twelve A320-200s, which were set to be returned to lessors, and return them to service in order to cope with near-term growth constraints stemming from the Pratt & Whitney engine recalls. US journalist Seth Miller reported that N503JB (msn 1123) is set to be one [...]