Pacific Airlines (BL, Ho Chi Minh City) has suspended flights and returned its aircraft to lessors to facilitate a planned restructuring and debt write-down. According to local reports, the LCC could not meet its lease commitments on time and it paused flights and bookings on March 18. In a statement, a Pacific Airlines spokesperson said [...]
Gama International Saudi Arabia, an affiliate of Gama Aviation (GMA, Farnborough), has retired its only ACJ319-100, transferring it to Sands Aviation (Las Vegas Harry Reid), ch-aviation research has revealed. VP-BMH (msn 1589) was ferried after maintenance at Basel/Mulhouse/Freiburg, CH to Las Vegas Harry Reid via Bangor and Lake Charles Chennault on February 28-29. The 22.5-year-old [...]
Source: ch aviation Read more: Latvia's airBaltic to grow A220 fleet, engine issues persist
IranAir (IR, Tehran Mehrabad) was not featured on the latest list of US sanctions imposed on Iran-related entities on March 20 despite threats from the Group of Seven (G7) that the airline could be banned from flying to Europe over Iran’s alleged missile sales to Russia, a US Treasury Department announcement showed. Speaking last week, [...]
Two senior SpiceJet (SG, Delhi International) executives were compelled to resign after their spouses registered an aviation company, raising significant conflict-of-interest issues, it emerged this week. In October 2023, ch-aviation reported that Meenakshi Kashyap, the wife of SpiceJet chief operating officer Arun Kashyap, and Ajay Bhatia, the husband of chief commercial officer Shilpa Bhatia, had [...]
Source: ch aviation Read more: Bangkok Airways raises stake in Utapao airport project
A new bill aiming to partially liberalise air transport introduced by the Macau Special Administrative Region (SAR) government is expected to be ready for voting on after the Easter holidays following a review by the region's Legislative Assembly, the Macau Daily Times reported. The Civil Aviation Activities Bill comes in the wake of the government's [...]
Source: ch aviation Read more: Bestfly Cabo Verde, lessor clarify status of ATR72
Source: ch aviation Read more: Finnair to judge fleet ACMI, ownership opportunistically
SAS Scandinavian Airlines (SK, Copenhagen Kastrup) expects to emerge from Chapter 11 bankruptcy protection by mid-2024 now that the US Bankruptcy Court in New York has greenlit the carrier's restructuring plan. Despite this approval, on March 19, the plan's execution still hinges on meeting several conditions, including regulatory nods and restructuring SAS AB at the [...]