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Chile’s JetSMART fined over inadmissible passengers

Source: ch aviation Read more: Chile’s JetSMART fined over inadmissible passengers

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

Eagle Air Iceland loses operating licence

Source: ch aviation Read more: Eagle Air Iceland loses operating licence

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

Guernsey gov't admonishes Aurigny Air Services

The States’ Trading Supervisory Board (STSB), a committee of the States of Guernsey government, has met with the management of local carrier Aurigny Air Services (GR, Guernsey) to admonish it for the "unacceptable level of service" in recent months and urged it to build "full resilience within the fleet". Since early 2024, the carrier has [...]

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

US indicts individual over aircraft parts export to Iran

The United States Department of Justice has indicted a US-Iranian national for allegedly facilitating the export of US-manufactured aircraft parts, including components used on F-4 fighter jets, to Iran, a DOJ press release stated. The indicted individual is Jeffrey Chance Nader, 68, and the indictment claims that from 2023 he conspired to purchase and illegally [...]

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

Florida firm found to be selling parts to Russia – report

Source: ch aviation Read more: Florida firm found to be selling parts to Russia - report

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

India's Akasa Air in line for $125mn investment boost

A two-party consortium is preparing to pump around USD125 million into Akasa Air (QP, Mumbai International), according to The Economic Times. It values the low-cost carrier, which commenced revenue operations two years ago, at about USD350 million, or a four-fold increase on its initial valuation. The newspaper cites sources close to the matter saying that [...]

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

AirAsia receives $443mn in private financing

AirAsia (AK, Kuala Lumpur International) has locked in dual-tranche private financing of USD443 million to fund refurbishing parked planes and refinance lease liabilities, according to an August 22 statement from majority owner Capital A. California-headquartered Ares Management Corporation and Singapore-based Indies Capital Partners Pte. Ltd., both alternative investment managers, tipped in USD200 million for the [...]

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

Cambodia's Royal Group to launch business charter operator

Cambodian investment holding Royal Group of Companies has unveiled plans to launch its own business charter specialist with a fractional ownership programme under the CamJets brand. The holding staged a press event at Phnom Penh on August 21, operating a demo flight using a Challenger 3500, N996CL (msn 20996). However, the company confirmed to ch-aviation [...]

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

Hong Kong Airlines eyes North American reboot using B787s

The chief executive of Hong Kong Airlines (HX, Hong Kong International) has told Bloomberg he wants to acquire at least three used B787s to resume flights to North America next year. Sun Jianfeng said the carrier was eyeing routes to Seattle Tacoma International, Los Angeles International, Vancouver International, and Toronto Pearson. The HNA Group-owned airline [...]

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

Indonesia's AirNesia Royal Cargo nets AOC, second B737F

Source: ch aviation Read more: Indonesia's AirNesia Royal Cargo nets AOC, second B737F

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