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Carlyle Aviation reduces stake in India's SpiceJet

Carlyle Aviation Partners has sold a 1.42% stake in SpiceJet (SG, Delhi International) according to a September 25 regulatory filing. The 18.1 million share sale, sold on the open market between September 17 and 23, sees Carlyle's equity in the carrier decrease from 3.75% to 2.34% (to 29.9 million shares). It follows Carlyle reaching a [...]

By | September 30th, 2024|Financial|0 Comments

Delivery delays sees Philippine Airlines focus on retrofits

Aircraft delivery delays have seen Philippine Airlines (PR, Manila Ninoy Aquino International) prioritise narrowbody retrofits and set a 2025 deadline to decide whether to place more orders or retrofit further existing aircraft, according to an Aviation Week Network report. Philippine Airlines SVP of Group Operations Roland Narcisco told the outlet that the airline will start [...]

By | September 29th, 2024|Financial|0 Comments

French Polynesia's Air Moana threatens to end ops

Source: ch aviation Read more: French Polynesia's Air Moana threatens to end ops

By | September 29th, 2024|Financial|0 Comments

Activist investor pans Southwest's investor-day reveals

Southwest Airlines (WN, Dallas Love Field) held a highly anticipated investor day briefing in Dallas on September 26, where it unveiled several product changes aligned with contemporary customer preferences and designed to increase revenues. It was the latest bid by Southwest's management to convince shareholders, including Elliott Investment Management, that it is capable of reviving [...]

By | September 27th, 2024|Financial|0 Comments

Air Astana modifies A321LRs for non-stop London flights

Air Astana (KC, Astana Nursultan Nazarbayev) will begin flying nonstop between Almaty International and London Heathrow following fuel tank modifications to A321-200NX(LR)s that operate the route, the airline announced on September 25. Starting on October 4, "the airline plans to resume non-stop flights on the Almaty to London route" without technical stops, the airline's media [...]

By | September 27th, 2024|Financial|0 Comments

Greece's Olympus Airways declared bankrupt

Source: ch aviation Read more: Greece's Olympus Airways declared bankrupt

By | September 27th, 2024|Financial|0 Comments

Arak, Iran to acquire aircraft for local operations

Source: ch aviation Read more: Arak, Iran to acquire aircraft for local operations

By | September 27th, 2024|Financial|0 Comments

Israel's airHaifa certifies, preps for adjusted launch

Source: ch aviation Read more: Israel's airHaifa certifies, preps for adjusted launch

By | September 27th, 2024|Financial|0 Comments

Brazil's Total Linhas Aéreas ends B727 ops, mulls C919s

Source: ch aviation Read more: Brazil's Total Linhas Aéreas ends B727 ops, mulls C919s

By | September 27th, 2024|Financial|0 Comments

Lessor seeks gov't help in $2.5mn Fly Angola dispute

Source: ch aviation Read more: Lessor seeks gov't help in .5mn Fly Angola dispute

By | September 27th, 2024|Financial|0 Comments