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US’s JetBlue inks six more A220, A321neo sale/lease-backs

JetBlue Airways (B6, New York JFK) and BOC Aviation have entered into a new sale-and-leaseback agreement, this time covering three A220-300s and three A321-200neo through BOC Aviation (USA), a wholly-owned subsidiary of the Singapore-based, Hong Kong-listed lessor. In a stock market filing, BOC Aviation said the finance leases of the aircraft are scheduled to close [...]

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

Former TWA shareholder buys a 10% stake in JetBlue

Investor Carl Icahn bought an almost 10% stake in JetBlue Airways (B6, New York JFK) between January and February 2024, paying approximately USD119.75 million for 33.6 million shares, making him the third-largest investor in the airline after BlackRock and Vanguard Group. The move was announced by the carrier in a Securities and Exchange Commission (SEC) [...]

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

Canada's Nolinor Aviation committed to B737-200s

Nolinor Aviation (N5, Montréal Trudeau) has announced it would restore its B737-200 fleet to the full pre-pandemic size, as the type is uniquely well-positioned to serve the thriving mining sector in the northern Nunavut territory. "The consensus among aviation experts is clear - the B737-200 remains the optimal choice for serving the challenging northern regions. [...]

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

Brazil’s Sideral Linhas Aéreas granted US charters permit

Source: ch aviation Read more: Brazil’s Sideral Linhas Aéreas granted US charters permit

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

The Netherlands' DDA Classic Airlines to end ops by 4Q24

Source: ch aviation Read more: The Netherlands' DDA Classic Airlines to end ops by 4Q24

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

TUI Group to delist from London, focus on Frankfurt listing

TUI Group shareholders resoundingly approved a plan to delist from the London Stock Exchange and focus on the Frankfurt bourse. The transfer will be completed by June 2024. The German leisure group said it would begin trading on the Frankfurt Prime Standard from the beginning of April. It expects to be admitted to the MDAX [...]

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

Berlin puts last A340 up for sale

The German Air Force/Luftwaffe (GAF, Cologne/Bonn) has put its last A340-300 up for sale via an online auction, with bids due by February 15, 2024. 16+01 (msn 274) is parked at Cologne/Bonn airport, having been retired from government service in August 2023 after an embarrassing technical fault stranded Foreign Minister Annalena Baerbock forcing her to [...]

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

Aegean Airlines sells 51% stake in Romania's Animawings

Source: ch aviation Read more: Aegean Airlines sells 51% stake in Romania's Animawings

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

Somaliland axes airspace agreements with Somalia

Source: ch aviation Read more: Somaliland axes airspace agreements with Somalia

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

Antigua agrees with CDB to buy aircraft for new LIAT – PM

The government of Antigua & Barbuda and the Caribbean Development Bank (CDB) have finalised details on the purchase of three aircraft currently owned by the bank that were part of the fleet of Liat 1974 Ltd, dba LIAT (Antigua and Barbuda) (LI, Antigua), which was dissolved last month. Prime Minister Gaston Browne announced the progress [...]

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