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Faroese FarCargo pauses Newark ops after seven roundtrips

Source: ch aviation Read more: Faroese FarCargo pauses Newark ops after seven roundtrips

By | May 29th, 2024|Financial|0 Comments

Air Burkina grounded, unable to pay wages – report

Source: ch aviation Read more: Air Burkina grounded, unable to pay wages - report

By | May 29th, 2024|Financial|0 Comments

Nigeria Air is suspended indefinitely – aviation minister

The process of setting up Nigeria Air (NWB, Lagos) will remain suspended indefinitely as it was never a genuine Nigerian project and just Ethiopian Airlines trying to fly the Nigerian flag, according to Nigerian aviation minister Festus Keyamo. "It was not Air Nigeria [sic]. That is the truth. It was never Air Nigeria. It was [...]

By | May 29th, 2024|Financial|0 Comments

France’s Air Corsica to remain ACMI customer until mid-3Q24

Source: ch aviation Read more: France’s Air Corsica to remain ACMI customer until mid-3Q24

By | May 29th, 2024|Financial|0 Comments

Madagascar Airlines secures $25mn from World Bank

Source: ch aviation Read more: Madagascar Airlines secures mn from World Bank

By | May 29th, 2024|Financial|0 Comments

Russia’s Izhavia searches for more aircraft to lease

Source: ch aviation Read more: Russia’s Izhavia searches for more aircraft to lease

By | May 29th, 2024|Financial|0 Comments

India's IndiGo to roll out business class on select aircraft

IndiGo Airlines (6E, Delhi International) will debut a business-class cabin on selected aircraft and routes by the end of the year in a significant shift away from its low-cost roots. CEO Pieter Elbers confirmed the change during a May 23 earnings call, saying that rising demand for premium travel and a need to cater to [...]

By | May 29th, 2024|Financial|0 Comments

Nishant Pitti drops bid to buy India's Go First

EaseMyTrip CEO Nishant Pitti, one half of a two-man band attempting to acquire India's insolvent Go First (GOW, Mumbai International), has withdrawn his offer, posting on X on May 25 that "we have decided to withdraw from the GoAir bid to concentrate on our core areas of strength." He had teamed up with Ajay Singh, [...]

By | May 29th, 2024|Financial|0 Comments

Russia’s Aurora signs up for An-24 wet lease

Source: ch aviation Read more: Russia’s Aurora signs up for An-24 wet lease

By | May 29th, 2024|Financial|0 Comments

Thailand's MJets buys stake in Singapore's Wings Over Asia

MJets (Thailand) (MIN, Bangkok Don Mueang) has acquired a shareholding in Singapore-based private jet and general aviation company Wings Over Asia (WOA) on the back of strong demand for private jet travel in Southeast Asia. It paid SGD17 million Singaporean dollars (USD12.6 million) for the minority stake. According to ch-aviation fleets data, MJets operates two [...]

By | May 29th, 2024|Financial|0 Comments