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 [...]
Source: ch aviation Read more: Greece's Aegean agrees Pratt & Whitney compensation
Source: ch aviation Read more: Ryanair eyes slots, routes yielded in IAG-Air Europa deal
Source: ch aviation Read more: Madagascar Airlines leases two ATRs
SpiceJet (SG, Delhi International) has finalised lease agreements for an additional ten aircraft, according to a March 14 Bombay Stock Exchange filing. The jets will arrive in time to service the 2024 Northern Summer schedules, the disclosure said without naming the lessor(s). "The additional aircraft will enable the airline to meet the growing demand for [...]
Source: ch aviation Read more: Greylag SPV renews legal challenge against Garuda Indonesia
Capital A is looking to raise additional funds with an IPO for Philippines AirAsia (Z2, Manila Ninoy Aquino International) and a Indonesian share placement following its back-door listing in the United States later this year, according to CEO Tony Fernandes. "We might use a public company in Indonesia to raise some more capital through a [...]
Malaysia's Sarawak state government is eyeing the ARJ21-700 as a potential fleet addition for MASwings (MY, Kota Kinabalu), which it is attempting to take control of from Malaysia Aviation Group and turn into a Sarawak-based carrier. The Edge Malaysia outlet reported on Sarawak's Minister of Transport Seri Lee Kim Shin canvassing the possibility during a [...]
Source: ch aviation Read more: Spain’s Volotea eyes remedies easing Air Europa acquisition
Source: ch aviation Read more: UK’s Ascend Airways adds first B737 MAX 8