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Uzbekistan's Air Samarkand to launch sch'd ops in late 1Q24

Source: ch aviation Read more: Uzbekistan's Air Samarkand to launch sch'd ops in late 1Q24

By | March 19th, 2024|Financial|0 Comments

Azerbaijan's Silk Way West orders one more B777-200F

Silk Way West Airlines (7L, Baku Heydar Aliev International) has increased its B777-200F order book with Boeing (BOE, Washington National) by one making for a total of six of the type, of which two have already been delivered. The newly ordered freighter is scheduled for delivery in 2025 while all six are poised to be [...]

By | March 19th, 2024|Financial|0 Comments

Ethiopian Airlines sets eyes on CEIBA Intercontinental

Equatorial Guinea is again considering selling a portion of CEIBA Intercontinental shares to Ethiopian Airlines as part of its privatisation plan for the state-owned airline, according to a statement by the Vice Presidency and Press Office of the Central African country. The matter was discussed between Vice President Teodoro Nguema Obiang Mangue and CEIBA Intercontinental's [...]

By | March 19th, 2024|Financial|0 Comments

Sovereign wealth fund in talks to buy Saudia – report

Saudi Arabia's USD925 billion sovereign wealth fund is in talks to buy Saudia (SV, Jeddah International), according to Bloomberg. Under the proposal, ownership of the airline would switch from the government to the Public Investment Fund (PIF) in a bid to improve profitability and operational efficiencies. The fund would also invest billions of dollars in [...]

By | March 19th, 2024|Financial|0 Comments

Georgia's MyWay Airlines revives B777 plans

Source: ch aviation Read more: Georgia's MyWay Airlines revives B777 plans

By | March 19th, 2024|Financial|0 Comments

Alterna drops NCLT insolvency bid against India's SpiceJet

An Alterna Aviation special purpose vehicle (SPV) has discontinued its insolvency bid against SpiceJet (SG, Delhi International) in the National Company Law Tribunal (NLCT), according to Money Control. The lessor will now turn to the Delhi High Court to assist it in recovering over USD11 million awarded to it by the UK High Court. The [...]

By | March 19th, 2024|Financial|0 Comments

Biman Bangladesh faces Rome route issues over Iran sanctions

Biman Bangladesh Airlines (BG, Dhaka) is under pressure from the United States after announcing it was launching direct flights between Dhaka and Rome Fiumicino as its planned route involved transiting Iranian airspace. “The US is not allowing us to pay Iran for overflying charges on the grounds of its sanctions on the country. If we [...]

By | March 19th, 2024|Financial|0 Comments

JetSMART Colombia secures AOC; launches

JetSMART Colombia (Bogotá) began commercial flight operations in Colombia on March 14, with a service between Bogotá and Medellín José Maria Córdova onboard A320-200N CC-AWZ (msn 11551). The start-up recently secured its Air Operator's Certificate (AOC), Colombia’s civil aviation authority (Aerocivil) said in a statement. It is the JetSMART brand's fourth AOC, alongside JetSMART (JA, [...]

By | March 18th, 2024|Financial|0 Comments

Cargo cartel carriers settle Dutch claims in lingering case

A breakthrough has been reached in the Netherlands in a long-running claims case against an alleged airfreight cartel that conspired to impose higher fuel and security surcharges on the European market. Claims in an Amsterdam court have been withdrawn against former cartel members Air Canada, British Airways, Cathay Pacific, and Singapore Airlines after they reached [...]

By | March 18th, 2024|Financial|0 Comments

Faroes' FarCargo launches amidst certification snafu

Source: ch aviation Read more: Faroes' FarCargo launches amidst certification snafu

By | March 18th, 2024|Financial|0 Comments