Uzbekistan's Panorama Airways at centre of Umrah scandal
Source: ch aviation Read more: Uzbekistan's Panorama Airways at centre of Umrah scandal
Founder of MYAirline ordered to hand over bank statements
The founder of insolvent MYAirline (MYM, Kuala Lumpur Subang) is one of three defendants ordered to hand over bank account statements in an ongoing civil suit brought by multiple plaintiffs regarding an allegedly fraudulent investment scheme. Goh Hwan Hua and two entities associated with him, I-Serve Online Mall Sdn Bhd and QA Smart PLT, lost [...]
Japan's ANA to add ex-LOT Q400s
Source: ch aviation Read more: Japan's ANA to add ex-LOT Q400s
Southern Airways Express seeks dismissal of Marianas lawsuit
Source: ch aviation Read more: Southern Airways Express seeks dismissal of Marianas lawsuit
Congo Airways hangs onto certification
Source: ch aviation Read more: Congo Airways hangs onto certification
Brazil’s Azul eyes capital raise in 1H25
Azul Linhas Aéreas Brasileiras (AD, São Paulo Viracopos) is looking to place a private offering at some point between the first and second quarters of 2025, according to a report by the Brazilian media outlet Valor. However, for the carrier to be able to place this offering, it would have to emerge from its current [...]
Alaska Air Group completes acquisition of Hawaiian Holdings
Alaska Air Group completed the acquisition of Hawaiian Holdings on September 18, the company announced, “marking the beginning of a partnership” that will maintain the Alaska Airlines, Hawaiian Airlines, and Horizon Air brands as separate entities. Following the acquisition, Alaska Air Group paid approximately USD1 billion to Hawaiian's shareholders and other equity holders, funding the [...]
US’s World Atlantic Airways to move to an A320 fleet
Source: ch aviation Read more: US’s World Atlantic Airways to move to an A320 fleet
Burundi MPs challenge $172K spending on idle aircraft
Source: ch aviation Read more: Burundi MPs challenge 2K spending on idle aircraft
SpiceJet's ₹30bn capital raising oversubscribed – report
The recently launched INR30 billion rupee (USD358.5 million) capital raising at SpiceJet (SG, Delhi International) is already oversubscribed, sources have told the Times of India. The low-cost carrier released the preliminary placement document (PPD) for the raising earlier this week, and the insiders said there is "strong investor confidence in the airline and in its [...]