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US's Spirit eyes Ch 11 as Frontier talks crumble – report

Spirit Airlines (NK, Fort Lauderdale International) is preparing to file for Chapter 11 bankruptcy protection after renewed merger talks with Frontier Airlines (F9, Denver International) broke down, people familiar with the matter have told the Wall Street Journal. Grappling with mounting losses and looming debt maturities, the carrier is in advanced discussions with bondholders to [...]

By | November 13th, 2024|Financial|0 Comments

US's Volato retires only G280, Bravo, settles with Sunpeak

Volato (TMB, Houston Hobby) has retired its only G280 and Cessna Citation Bravo aircraft, as well as the only HA-420 in the standard HondaJet variant from its Part 135 fleet, ch-aviation research has revealed. The G280, N280CX (msn 2282) was the first of four aircraft of the type that the struggling operator was initially planning [...]

By | November 12th, 2024|Financial|0 Comments

US's Jet.AI orders three CJ 4 Gen2s, to merge stock

Jet.AI Inc., a NASDAQ-listed business aviation operator and software provider, has signed a firm order for three Cessna Citation Jet 4 Gen2 aircraft with deliveries due in the third and fourth quarter of 2026. All three aircraft will be acquired directly from Textron Aviation by Galilee, Inc., a subsidiary of Jet.AI. The operator has until [...]

By | November 12th, 2024|Financial|0 Comments

US's flyADVANCED Jet retires three types from Part 135 fleet

flyADVANCED Jet (TKK, Wilmington New Castle) has retired three distinct aircraft types from its Part 135-certified fleet, including its sole Citation Jet 3+, a Praetor 600, and its last Learjet 75, as reported by ch-aviation research. Citation Jet 3+ N691CJ (msn 525B-0691) made its last flight under flyADVANCED Jet’s 'TKK' code on October 18, 2024, [...]

By | November 12th, 2024|Financial|0 Comments

US's Elite Air adds first Hawker 900XP

Elite Air (United States of America) (ELZ, St. Petersburg/Clearwater) has expanded its Part 135-certified fleet with the addition of its first Hawker 900XP, based in Florida. N813BR (msn HA-0168) accommodates up to eight passengers and has recently been operating out of Tampa International, as shown by ADS-B data. Announced in early September and officially listed [...]

By | November 12th, 2024|Financial|0 Comments

American Airlines mulls options as court rules on alliance

American Airlines (AA, Dallas/Fort Worth) is considering its options after a United States appeals court upheld a lower-court decision declaring the airline's already-scrapped Northeast Alliance with JetBlue Airways (B6, New York JFK) as anticompetitive. The US Court of Appeals for the First Circuit on November 8 agreed with a May 2023 ruling by the US [...]

By | November 12th, 2024|Financial|0 Comments

UK's Regency Jet retires its only Citation II

Regency Jet (LJC, Gloucestershire) has retired its sole Citation II, according to ch-aviation research. Inducted into the fleet in late August, the aircraft is no longer listed under the AOC of the UK-based charter company. G-MLBC (msn 550-0183) last operated under Regency Jet's 'LJC' code on September 29, 2024, beginning with a flight between Kerry [...]

By | November 12th, 2024|Financial|0 Comments

UK tax authority seeks winding up of flyPOP

Source: ch aviation Read more: UK tax authority seeks winding up of flyPOP

By | November 12th, 2024|Financial|0 Comments

Rome and Lufthansa Group resolve impasse over ITA Airways

Italy and Lufthansa Group have resolved a last-minute impasse that had threatened to jeopardise the partial sale of ITA Airways (AZ, Rome Fiumicino), with the Ministry of Economy and Finance (MEF) confirming that a final package of remedies submitted to Brussels is in line with the original agreement from July 3, 2023. In a short [...]

By | November 12th, 2024|Financial|0 Comments

China's Colorful Guizhou Airlines orders 20+10 C909s

Source: ch aviation Read more: China's Colorful Guizhou Airlines orders 20+10 C909s

By | November 12th, 2024|Financial|0 Comments