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Ryanair eyes more A320s for its Lauda Europe unit

Ryanair Holdings is targeting a fleet of around fifty Airbus narrowbodies operated by its Maltese subsidiary Lauda Europe (LW, Malta International), including transitioning to the A320neo Family after 2030, according to group chief executive Michael O'Leary. However, the lack of available aircraft is complicating the plans. "Airbus is backed up with aircraft deliveries out to [...]

By | March 26th, 2024|Financial|0 Comments

Greece's Ellinair firmly rejects bankruptcy threat

Source: ch aviation Read more: Greece's Ellinair firmly rejects bankruptcy threat

By | March 26th, 2024|Financial|0 Comments

Nepal CAA audits Shree Airlines following another incident

Source: ch aviation Read more: Nepal CAA audits Shree Airlines following another incident

By | March 26th, 2024|Financial|0 Comments

Appeals court rules Korea's Asiana can keep ₩2.5bn deposit

The 16th Civil Division of the Seoul High Court has dismissed an appeal by HDC Hyundai Development Company against a lower court's decision to let Asiana Airlines (OZ, Seoul Incheon) retain a KRW200 billion won (USD149 million) deposit connected to an aborted 2019 acquisition bid. The court handed down its decision on March 21, 2024, [...]

By | March 26th, 2024|Financial|0 Comments

Indonesia's Raindo suspends ops, returns aircraft to lessor

Source: ch aviation Read more: Indonesia's Raindo suspends ops, returns aircraft to lessor

By | March 26th, 2024|Financial|0 Comments

Tunisia's Nouvelair to add A320neo in 2H24

Source: ch aviation Read more: Tunisia's Nouvelair to add A320neo in 2H24

By | March 25th, 2024|Financial|0 Comments

SAA continues to search for “strategic partner” – CEO

South African Airways (SA, Johannesburg O.R. Tambo) continues to search for a new “strategic or equity partner” to inject capital into the troubled state-owned carrier after a previous deal with the Takatso Aviation Consortium fell through, according to interim CEO John Lamola. In an interview with South Africa's Financial Times, he said that after finding [...]

By | March 25th, 2024|Financial|0 Comments

Angola's TAAG cuts flights amid capacity crunch

Source: ch aviation Read more: Angola's TAAG cuts flights amid capacity crunch

By | March 25th, 2024|Financial|0 Comments

Romania's Bees Airlines obtains AOC

Source: ch aviation Read more: Romania's Bees Airlines obtains AOC

By | March 25th, 2024|Financial|0 Comments

Court gives reprieve to FlyNamibia over licence renewal

Windhoek High Court has ordered the Transportation Commission of Namibia to reconsider an application from FlyNamibia (WV, Windhoek Eros) for the renewal of its scheduled air transport service licence. This comes after the airline filed an affidavit against the regulator and the transport minister for rejecting its belated request for licence renewal. Judge Esi Schimming-Chase's [...]

By | March 25th, 2024|Financial|0 Comments