Norse Atlantic Airways (N0, Oslo Gardermoen) has managed to raise gross proceeds of around NOK69.4 million kroner (USD6.64 million) in its “subsequent offering” - a repair issue aimed at shareholders who did not participate in a private placement last year. However, the sum fell short of its intended target of about NOK100 million (USD9.56 million). [...]
Source: ch aviation Read more: Italy's Poste Air Cargo wet-leases A321 freighter
Ryanair (FR, Dublin International) could open five new bases in Spain and boost passenger traffic to the country from the 55 million forecast for this year to 77 million, but only if the country has competitive airport charges in place, CEO Eddie Wilson told reporters before the FITUR tourism trade fair began in Madrid this [...]
Source: ch aviation Read more: Estonia's Marabu eyes own fleet grow; stable ACMI plans
Source: ch aviation Read more: Czechia's Smartwings to operate domestic charters in Spain
Royal Jordanian (RJ, Amman Queen Alia) took delivery of its first two E195-E2s on January 25. On dry lease from Azorra Aviation, the duo are the first of eight E2 regional jets due to join the airline's fleet. JY-REA (msn 19020116) and JY-REB (msn 19020123) were delivered from Sao Jose dos Campos via Recife and [...]
Pakistan's current caretaker government is looking increasingly unlikely to lock in the privatisation of PIA - Pakistan International Airlines (PK, Islamabad International) before the February 8, 2024, election. Multiple issues remain unresolved, key among them an agreement between the government and lenders on interest rates. Domestic banks want to charge a fixed annual interest rate [...]
Source: ch aviation Read more: Kenyan airport operator to auction off 91 abandoned aircraft
Source: ch aviation Read more: Astana tweaks debt repayment terms in Qazaq Air sale
GOL Linhas Aéreas Inteligentes (G3, Sao Paulo Congonhas) announced on January 25 that it is voluntarily filing for Chapter 11 in the United States Bankruptcy Court for the Southern District of New York. Commercial flight operations are still continuing, however. The Brazilian budget carrier is entering the legal process with a financing commitment for USD950 [...]