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Nepal Airlines reissues $1bn loan EOI after lack of interest

A failure by financial institutions to respond en masse to its January 2024 request for expressions of interest (EOIs) to lend it more than USD1 billion has caused Nepal Airlines (RA, Kathmandu) to reissue the EOI. "The notice has been reissued, while all the previously received sealed EOI documents have been kept unopened," the cover [...]

By | March 15th, 2024|Financial|0 Comments

Philippines' Sunlight Air plans fleet renewal and growth

Source: ch aviation Read more: Philippines' Sunlight Air plans fleet renewal and growth

By | March 15th, 2024|Financial|0 Comments

United asks Boeing to focus on -9s until -10 certification

United Airlines (UA, Chicago O'Hare) has asked Boeing to stop building B737-10s for the airline until the variant is certified and focus on the B737-9s, which can be delivered in a more predictable timeframe, Bloomberg has reported. "We've asked Boeing to stop building -10s, which they've done, for us and start building -9s. It's impossible [...]

By | March 14th, 2024|Financial|0 Comments

Weed specialist set to buy Canada’s Great Slave Helicopters

Great Slave Helicopters (Yellowknife) has entered into a non-binding letter of intent (LOI) providing for a CAD65 million Canadian dollar (USD48.3 million) acquisition of the company by FluroTech, a company linked to the commercialisation of new technologies in the cannabis industry with no commercial operations or assets other than cash. FluroTech would acquire all of [...]

By | March 14th, 2024|Financial|0 Comments

Germany's Condor ends B767 operations

Condor (DE, Frankfurt International) has completed its widebody fleet renewal following the retirement of its last B767-300ER on March 12, 2024. D-ABUK (msn 30009) operated its last revenue flight - from Havana International to Frankfurt International - and remains parked at the German gateway for the time being. "The B767 model has been successfully operated [...]

By | March 14th, 2024|Financial|0 Comments

Airbus's February 2024 order book changes revealed

Source: ch aviation Read more: Airbus's February 2024 order book changes revealed

By | March 14th, 2024|Financial|0 Comments

Boeing's February 2024 order book changes revealed

Source: ch aviation Read more: Boeing's February 2024 order book changes revealed

By | March 14th, 2024|Financial|0 Comments

Sweden’s BRA completes latest bout of restructuring

BRA - Braathens Regional Airlines (Stockholm Bromma) has completed its restructuring that it started last October, the airline announced in a press release. Several actions were taken to increase profitability, it said, while existing shareholders invested a further SEK114 million kronor (USD11.1 million) in the company to help with the process, which is similar to [...]

By | March 14th, 2024|Financial|0 Comments

Spain’s Plus Ultra told to make details of C19 funds public

Source: ch aviation Read more: Spain’s Plus Ultra told to make details of C19 funds public

By | March 14th, 2024|Financial|0 Comments

South Africa's Airlink to standardise E1 fleet, eyes upgauge

Source: ch aviation Read more: South Africa's Airlink to standardise E1 fleet, eyes upgauge

By | March 14th, 2024|Financial|0 Comments