Norway's Ministry of Trade, Industry, and Fisheries announced on June 4 the sale of its entire 6.26% stake in Norwegian Group, the parent of Norwegian Air Shuttle AOC and Norwegian Air Sweden AOC. The government agreed to sell the shares at a price of NOK13.60 kroner (USD1.35) per share and will pocket NOK891.9 million (USD88.5 [...]
This article is only available with a subscription for Business Jet Operator & Airport Data. Source: ch aviation Read more: Hongkong Jet secures AOC in San Marino with Hawker 850XP
This article is only available with a subscription for Commercial Aviation News, Operator & Airport Data. Source: ch aviation Read more: Romanian Post keen to take over TAROM - CEO
SriLankan Airlines (UL, Colombo International) has ferried in its first new widebody aircraft in seven years. The A330-200, 4R-ALT (msn 1261) landed in Colombo on June 3 on an eight-year lease from Carlyle Aviation Partners and was welcomed by the airline's chairman as a much-needed capacity boost after decisions to axe previous widebody orders and [...]
The CEO of Starlux Airlines (JX, Taipei Taoyuan) says the carrier is being hit by Airbus delivery delays and waning passenger demand on its US routes, something CEO Glenn Chai attributes to economic uncertainty caused by tariffs imposed by the administration of US President Donald Trump. Speaking to Bloomberg, Chai said Airbus had revealed it [...]
This article is only available with a subscription for Commercial Aviation News, Operator & Airport Data. Source: ch aviation Read more: Japan's ANA could use E2s on current B737 routes - CEO
Garuda Indonesia Group is seeking around USD500 million from the Danantara (Daya Anagata Nusantara) sovereign wealth fund, according to Bloomberg. The group operates Garuda Indonesia and Citilink. As previously reported in ch-aviation, the Indonesian government transferred its 64.5% stake in the company to a Danantara-controlled operational entity in March and funding talks have been underway [...]
Virgin Australia (VA, Brisbane International) is expected to relist on the Australian Stock Exchange by the end of June after institutional investors committed to covering the bulk of the planned AUD685 million Australian dollar (USD446 million) initial public offering that will see controlling shareholder Bain Capital and its partners reduce their stake to 40%. A [...]
This article is only available with a subscription for Commercial Aviation News, Operator & Airport Data. Source: ch aviation Read more: US's Corporate Air debuts SkyCourier ops in Hawaii
This article is only available with a subscription for Commercial Aviation News, Operator & Airport Data. Source: ch aviation Read more: Air Antilles seeks investors as temporary OL deadline looms