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Czechia's Smartwings to operate domestic charters in Spain

Source: ch aviation Read more: Czechia's Smartwings to operate domestic charters in Spain

By | January 26th, 2024|Financial|0 Comments

Royal Jordanian receives the first two E195-E2 jets

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 [...]

By | January 26th, 2024|Financial|0 Comments

Interest rate dispute stalls PIA privatisation progress

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 [...]

By | January 26th, 2024|Financial|0 Comments

Kenyan airport operator to auction off 91 abandoned aircraft

Source: ch aviation Read more: Kenyan airport operator to auction off 91 abandoned aircraft

By | January 26th, 2024|Financial|0 Comments

Astana tweaks debt repayment terms in Qazaq Air sale

Source: ch aviation Read more: Astana tweaks debt repayment terms in Qazaq Air sale

By | January 26th, 2024|Financial|0 Comments

Brazil's GOL files for US Chapter 11 bankruptcy protection

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 [...]

By | January 25th, 2024|Financial|0 Comments

FAA outlines B737-9 inspections, as B737-8 delivers to China

The US Federal Aviation Administration has detailed the procedure for inspections of all B737-9s covered by its jurisdiction, after which the aircraft will be cleared to return to service. The regulator has ramped up its supervision of Boeing and said it would not allow any production line expansion until quality concerns have been properly addressed. [...]

By | January 25th, 2024|Financial|0 Comments

Senior exec pleads guilty to defrauding US’s Polar Air Cargo

Carlton Llewellyn has become the sixth defendant to plead guilty so far to participation in “a massive scheme” to defraud cargo specialist Polar Air Cargo (PO, New York JFK), the United States Attorney’s Office for the Southern District of New York announced in a statement. Llewellyn, 55, a former vice president of operations, system performance, [...]

By | January 25th, 2024|Financial|0 Comments

Canada’s WestJet to lease five more B737-8s

WestJet (WS, Calgary) has announced dry-lease contracts for five brand-new B737-8s with CDB Aviation (three aircraft) and Avolon (two aircraft). The Canadian airline expects to take delivery of the five jets in early 2025. Combined with its existing order book, WestJet will now receive 22 brand-new B737 MAX airplanes before the end of 2025 and [...]

By | January 25th, 2024|Financial|0 Comments

UPS purchases two additional B747-8Fs

Source: ch aviation Read more: UPS purchases two additional B747-8Fs

By | January 25th, 2024|Financial|0 Comments