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US's Spirit Airlines secures chapter 11 exit funding

Spirit Airlines (NK, Fort Lauderdale International) has secured an agreement from certain prepetition debtholders to provide up to USD300 million in financing once it emerges from Chapter 11 and fulfils certain criteria. CEO Ted Christie also told Spirit's employees in an internal memo this week that 200 of them will lose their jobs. According to [...]

By | January 20th, 2025|Financial|0 Comments

Jet Aviation ceases Gulfstream operations under Maltese AOC

This article is only available for Commercial Aviation News, Operator and Airport Data. subscribers.Find out more Source: ch aviation Read more: Jet Aviation ceases Gulfstream operations under Maltese AOC

By | January 20th, 2025|Financial|0 Comments

Germany's ProAir Aviation resumes Bombardier operations

ProAir Aviation (PAV, Stuttgart Manfred Rommel) resumed Bombardier Business Aircraft operations with the addition of a brand-new Global 5500. D-ASHY (msn 60145) was delivered on January 8, 2025 directly from Montréal Trudeau to Stuttgart Manfred Rommel. ProAir Aviation confirmed to ch-aviation that the jet will soon be added to the company's Air Operator's Certificate (AOC) [...]

By | January 20th, 2025|Financial|0 Comments

Lufthansa Group acquires 41% stake in ITA Airways

Lufthansa Group completed the acquisition of a 41% stake in ITA Airways (AZ, Rome Fiumicino) on January 17, 2025, in line with previous expectations of concluding the transaction in early 2025. The German holding company and the Italian Ministry of Economy and Finance injected EUR325 million euros (USD335 million) in fresh capital. Following the move, [...]

By | January 20th, 2025|Financial|0 Comments

Italy's ENI Group disposes of only G280 for corporate use

Italian multinational energy conglomerate ENI Group has retired the sole G280 it operated for corporate travel, ch-aviation research reveals. The group's fleet is owned and operated by Servizi Aerei, a subsidiary holding an Italian Air Operator's Certificate (AOC). I-SEAV (msn 2214), a 4.4-year-old aircraft, was active under Servizi Aerei's "SNM" code until November 11, 2024, [...]

By | January 20th, 2025|Financial|0 Comments

Bulgaria's Electra Airways prizes reliability, eyes A321

This article is only available for Commercial Aviation News, Operator and Airport Data. subscribers.Find out more Source: ch aviation Read more: Bulgaria's Electra Airways prizes reliability, eyes A321

By | January 20th, 2025|Financial|0 Comments

Papua New Guinea's Air Sanga ends Twin Otter ops

This article is only available for Commercial Aviation News, Operator and Airport Data. subscribers.Find out more Source: ch aviation Read more: Papua New Guinea's Air Sanga ends Twin Otter ops

By | January 20th, 2025|Financial|0 Comments

South Korea's Air Seoul borrows $20.6mn from parent Asiana

This article is only available for Commercial Aviation News, Operator and Airport Data. subscribers.Find out more Source: ch aviation Read more: South Korea's Air Seoul borrows .6mn from parent Asiana

By | January 19th, 2025|Financial|0 Comments

Viet Nam's Blue Sky Airways begins Gulfstream operations

Blue Sky Airways has commenced Gulfstream Aerospace operations with the addition of a brand-new G650ER, ch-aviation research reveals. VN-A968 (msn 6587) was first active under Blue Sky Airways' 'BSF' code on January 6, 2025, flying between Appleton Outgamie County Regional and Long Beach. The ultra-long-range jet flew to Honolulu the following day, arriving at Ho [...]

By | January 19th, 2025|Financial|0 Comments

China's West Air takes delivery of first A319neo

This article is only available for Commercial Aviation News, Operator and Airport Data. subscribers.Find out more Source: ch aviation Read more: China's West Air takes delivery of first A319neo

By | January 19th, 2025|Financial|0 Comments