Flair Airlines (F8, Kelowna) expects 2024 to be a “muted year” with likely zero fleet growth, due partly to the issues currently plaguing Boeing, the company’s chief executive, Stephen Jones, has said in an interview. The airline also faces hefty debts with the Canada Revenue Agency (CRA) for CAD67 million Canadian dollars (USD49.9 million). First [...]
Source: ch aviation Read more: Brazil’s Asas Linhas Aéreas looks at B737-300F to launch
Source: ch aviation Read more: Brazil’s Azul eyes two second-hand A330neo jets
Source: ch aviation Read more: Yemenia, Queen Bilqis Airways bypass Houthi regions again
Source: ch aviation Read more: India's Zooom Airlines restarts after almost four years
SpiceJet (SG, Delhi International) has enjoyed another legal win against a lessor, with the National Company Law Tribunal (NCLT) dismissing an insolvency petition from Wilmington Trust SP Services (Dublin). The airline confirmed the outcome via a two-line notice filed at the Bombay Stock Exchange (BSE) on January 30. Justices Mahendra Khandelwal and Rahul Prasad Bhatnagar, [...]
Source: ch aviation Read more: India’s Alliance Air eyes regional niche free of Air India
Air Premia (YP, Seoul Incheon) will close a deal with Korean Air to lease four B787-9s to allow it to expand its North American operations, South Korea's News Tomato outlet exclusively reported this week. Sources told the economic news site that the two carriers "are finalising details" on the deal. The lease agreement is a [...]
Japan's Fair Trade Commission (JFTC) has approved the merger between Korean Air (KE, Seoul Incheon) and Asiana Airlines (OZ, Seoul Incheon). The news leaves anti-trust authorities in just two jurisdictions, the United States and the European Commission, still to green-light the deal. Korean Air calls the Japanese decision "a significant milestone." The KRW1.8 trillion won [...]
GOL Linhas Aéreas Inteligentes (G3, Sao Paulo Congonhas) faces significant near-term liabilities coming due in the next 12 months worth USD2.7 billion, the airline confirmed in a presentation during the first-day hearing of its Chapter 11 process in the United States Bankruptcy Court of the Southern District of New York. These are the Brazilian carrier’s [...]