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Uganda Airlines still in investment phase, says gov't

Uganda Airlines (UR, Entebbe) remains in its investment phase and discussions about profitability can only begin once that stage is complete, according to Uganda’s secretary to the Treasury, Ramathan Ggoobi. He made the remarks at the recent Uganda-United Kingdom Trade and Business Forum hosted by Uganda Airlines in Kampala, an event held ahead of the [...]

By | April 18th, 2025|Financial|0 Comments

Air Nostrum VP to exit, sell minority stake

This article is only available with a subscription for Commercial Aviation News, Operator & Airport Data. Source: ch aviation Read more: Air Nostrum VP to exit, sell minority stake

By | April 18th, 2025|Financial|0 Comments

Privatisation of Kazakhstan's Qazaq Air nears finish line

This article is only available with a subscription for Commercial Aviation News, Operator & Airport Data. Source: ch aviation Read more: Privatisation of Kazakhstan's Qazaq Air nears finish line

By | April 18th, 2025|Financial|0 Comments

Air Mauritius lost $27mn, prime minister alleges theft

Air Mauritius (MK, Mauritius) incurred losses of MUR1.22 billion Mauritian rupees (USD27 million) resulting from aircraft sales between 2017 and 2021, according to the Indian Ocean island's Prime Minister Navin Ramgoolam, who declared that funds "were stolen" from the airline and has vowed to investigate and prosecute those responsible. The prime minister was responding in [...]

By | April 18th, 2025|Financial|0 Comments

India's Akasa Air wins new investor approval from regulator

India's competition authority has given the green light for Premji Invest, Manipal Group head Ranjan Pai's family office, and 360 ONE Asset to acquire stakes in Akasa Air (QP, Mumbai International) parent company SNV Aviation. The Competition Commission of India announced on April 15, 2025, that it had approved the acquisition of certain shareholdings in [...]

By | April 18th, 2025|Financial|0 Comments

Indian gov't to seek EOIs for Alliance Air privatisation

This article is only available with a subscription for Commercial Aviation News, Operator & Airport Data. Source: ch aviation Read more: Indian gov't to seek EOIs for Alliance Air privatisation

By | April 18th, 2025|Financial|0 Comments

United Airlines downplays tariff issues in future deliveries

This article is only available with a subscription for Commercial Aviation News, Operator & Airport Data. Source: ch aviation Read more: United Airlines downplays tariff issues in future deliveries

By | April 18th, 2025|Financial|0 Comments

US’s Silver Airways negotiates $5.5mn Chapter 11 loan

This article is only available with a subscription for Commercial Aviation News, Operator & Airport Data. Source: ch aviation Read more: US’s Silver Airways negotiates .5mn Chapter 11 loan

By | April 18th, 2025|Financial|0 Comments

India's Air Kerala moves closer to mid-2025 launch

This article is only available with a subscription for Commercial Aviation News, Operator & Airport Data. Source: ch aviation Read more: India's Air Kerala moves closer to mid-2025 launch

By | April 18th, 2025|Financial|0 Comments

SriLankan Airlines chairman wants cash, aircraft from Airbus

The chairman of SriLankan Airlines (UL, Colombo International) is pursuing Airbus for the return of USD23.3 million in pre-delivery payments, USD200 million in compensation, assistance with other legal disputes, and four new A330-900Ns free of charge, ideally delivered this year. Sarath Ganegoda set out his demands in a series of meetings with Airbus, according to [...]

By | April 18th, 2025|Financial|0 Comments