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IAG chief mulls acquisitions in South America

IAG International Airlines Group chief executive Luis Gallego has said in an interview that the holding company is always looking at acquisition opportunities that may arise in the market and does not discard the possibility of buying into an airline in South America. In an interview with the Financial Times, he said IAG “always has [...]

By | July 17th, 2024|Financial|0 Comments

Air Zimbabwe dogged by 2020 AG report

Zimbabwe's Auditor-General has flagged USD4.89 million worth of discrepancies in Air Zimbabwe's financial statement for 2020 - a period before the state-owned airline underwent restructuring and exited judicial administration in June 2021. The airline was not immediately available to comment on the audit of its financial statements for 2020 and 2021, contained in the Auditor-General's [...]

By | July 17th, 2024|Financial|0 Comments

LOT Polish Airlines schedules E195-E2 debut

Source: ch aviation Read more: LOT Polish Airlines schedules E195-E2 debut

By | July 17th, 2024|Financial|0 Comments

Lufthansa reviews group's fleet allocations amid turnaround

Source: ch aviation Read more: Lufthansa reviews group's fleet allocations amid turnaround

By | July 17th, 2024|Financial|0 Comments

Guernsey's Aurigny Air Services sells only E195

Aurigny Air Services (GR, Guernsey) has sold its only jet, an E195, to lessor Azorra Aviation, continuing its strategic plan to simplify its fleet and focus on turboprop aircraft. G-NSEY (msn 19000671) was retired from scheduled operations at the end of May 2024, slightly later than planned due to the protracted maintenance of the carrier's [...]

By | July 17th, 2024|Financial|0 Comments

Libya prosecutes Ghadames Air exec for Nicaragua charters

Source: ch aviation Read more: Libya prosecutes Ghadames Air exec for Nicaragua charters

By | July 17th, 2024|Financial|0 Comments

Malawi's Flytech secures first E120

Source: ch aviation Read more: Malawi's Flytech secures first E120

By | July 16th, 2024|Financial|0 Comments

US’s New Pacific Airlines, Ravn enter transitional phase

Source: ch aviation Read more: US’s New Pacific Airlines, Ravn enter transitional phase

By | July 16th, 2024|Financial|0 Comments

Bankruptcy of Curaçao’s JetAir Caribbean becomes final

Source: ch aviation Read more: Bankruptcy of Curaçao’s JetAir Caribbean becomes final

By | July 16th, 2024|Financial|0 Comments

Angola's Bestfly tenders for new Luanda airport contract

Source: ch aviation Read more: Angola's Bestfly tenders for new Luanda airport contract

By | July 16th, 2024|Financial|0 Comments