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LATAM goes after GOL's leases – report

Source: ch aviation Read more: LATAM goes after GOL's leases - report

By | February 5th, 2024|Financial|0 Comments

US's JetBlue slows aircraft deliveries; focuses on A220s

JetBlue Airways (B6, New York JFK) has announced it is slowing its aircraft deliveries, averaging 24 annually over the next five years, after reaching an agreement with Airbus and other business partners to defer approximately USD2.5 billion of aircraft capital expenditure (capex) previously expected in 2024 through 2027. The US carrier is prioritising its A220-300 [...]

By | February 5th, 2024|Financial|0 Comments

US's iAero Airways paid insiders $3.2mn before Ch 11 filing

Source: ch aviation Read more: US's iAero Airways paid insiders .2mn before Ch 11 filing

By | February 5th, 2024|Financial|0 Comments

Romania's Animawings to add two A220s in 2024

Source: ch aviation Read more: Romania's Animawings to add two A220s in 2024

By | February 5th, 2024|Financial|0 Comments

Court in Russia confirms "ban" on GTLK Europe liquidation

Source: ch aviation Read more: Court in Russia confirms "ban" on GTLK Europe liquidation

By | February 5th, 2024|Financial|0 Comments

Georgia's Air Iveria secures UK slots

Source: ch aviation Read more: Georgia's Air Iveria secures UK slots

By | February 5th, 2024|Financial|0 Comments

Parent of Türkiye’s MNG Airlines cedes 44% stake to UAE firm

Source: ch aviation Read more: Parent of Türkiye’s MNG Airlines cedes 44% stake to UAE firm

By | February 5th, 2024|Financial|0 Comments

New Delhi budgets $140mn for Alliance Air in FY25

Alliance Air (India) (9I, Delhi International) could receive financial support of INR11.6 billion Indian rupees (USD139.5 million) for the financial year running from April 2024 through March 2025, according to the country’s interim 2024 budget seen by ch-aviation. The government earmarked the funds for Air India Asset Holding Limited (AIAHL), the state-owned holding controlling Alliance [...]

By | February 5th, 2024|Financial|0 Comments

Three bidders lodge EOIs for India's Go First

Three entities have submitted formal expressions of interest (EOIs) to buy insolvent budget carrier Go First (GOW, Mumbai International), prompting its committee of creditors (CoC) to meet to decide on applying to India's National Company Law Tribunal (NCLT) for an extension of time to sell the airline. Reuters reported that the influential committee had decided [...]

By | February 5th, 2024|Financial|0 Comments

Sociedad Uruguaya de Aviación eyes Airbus fleet for launch

Sociedad Uruguaya de Aviación (Montevideo Carrasco) has revealed its plans to launch a new flag carrier in the South American country, based at Montevideo Carrasco and to operate with a fleet of up to ten Airbus-manufactured aircraft within the next three years. On January 29, founder and chief executive Antonio Rama sent a letter to [...]

By | February 2nd, 2024|Financial|0 Comments