Abra tie-up to accelerate Spain’s Wamos Covid loan payment
Source: ch aviation Read more: Abra tie-up to accelerate Spain’s Wamos Covid loan payment
Uzbekistan’s My Freighter to double B767-300BCF fleet
My Freighter (C6, Tashkent International) has signed a lease agreement with Air Transport Services Group (ATSG) for two additional B767-300ER(BCF)s, increasing its overall freighter-dedicated fleet to five aircraft, ch-aviation research has learned. ADS-B data shows that both airframes, N230CM (msn 25583) and N274CM (msn 25587), are currently stored in Wilmington Air Park. They are owned [...]
New Biman Bangladesh CEO mulls major fleet expansion
The newly appointed MD and CEO of Biman Bangladesh Airlines (BG, Dhaka) has plans to grow the fleet from the present 21 aircraft to 47 over the next 11 years, requiring a major investment in new aircraft. Mohammad Jahidul Islam Bhuiyan, appointed to the top job in May, says his planned expansion will require an [...]
Indonesia looks at loosening Hajj flight monopoly
The head of the 2024 Indonesian House of Representatives Hajj Supervisory Team has said that more airlines may be able to offer Hajj flights in the future. Abdul Muhaimin Iskandar told a July 1 media conference in Jakarta that he would like to open up the market out of Jakarta, currently restricted to Garuda Indonesia [...]
Japan's Pioneer Ace Aviation to operate Honda jets
Pioneer Ace Airlines (Tokyo Haneda) has received the tick of approval from the East Japan Civil Aviation Bureau, an arm of the Ministry of Land, Infrastructure, Transport and Tourism, after passing an inspection of its transport control facilities, taking Pioneer one step closer to starting a passenger charter operation. Pioneer is a wholly owned subsidiary [...]
LATAM Airlines Group eyes secondary share sale
LATAM Airlines Group has announced it is proceeding with the opening and relisting of the company’s American Depositary Receipts (ADR) Program on the New York Stock Exchange (NYSE), and that it is exploring the possibility of having a secondary sale with certain creditors that were backstop parties to its Chapter 11 reorganisation plan. The parent [...]
GOL wins right to depose LATAM C-level execs
US Bankruptcy Judge Martin Glenn has ordered LATAM Airlines Group to comply with a GOL Linhas Aéreas Inteligentes application to depose three executives, which was authorised in February after it was found that LATAM broke GOL’s bankruptcy automatic stay by trying to poach aircraft leases. First reported by specialised news outlet Law360, Glenn told LATAM [...]
US's FlyExclusive adds Challenger 350 to fleet
Business jet charter operator FlyExclusive (JRE, Kinston) has taken on a Challenger 350, with ch-aviation research showing the aircraft, N234GF (msn 20620), switched operators in early May. The jet previously operated for a Michigan-based legal advisory firm called Fieger & Fieger. US Federal Aviation Administration records show N234GF is owned by an entity called FE [...]
Fastjet Zimbabwe adapts fleet to demand, competition
Source: ch aviation Read more: Fastjet Zimbabwe adapts fleet to demand, competition
Swiss expects increased number of PW1000G grounded aircraft
Swiss (LX, Zurich) expects the number of aircraft grounded due to ongoing Pratt & Whitney PW1000G engine issues to increase to up to 14 in 2024, according to the company’s head of operations, Oliver Buchhofer. Moreover, Swiss media outlet AeroTELEGRAPH reports that the airline is working under the assumption that the engine grounding issue will [...]