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Turkish Airlines wet-leases A321F for cargo ops

Source: ch aviation Read more: Turkish Airlines wet-leases A321F for cargo ops

By | August 23rd, 2024|Financial|0 Comments

Indonesia's Pelita Air eyes scheduled int'l ops in late 2024

Source: ch aviation Read more: Indonesia's Pelita Air eyes scheduled int'l ops in late 2024

By | August 23rd, 2024|Financial|0 Comments

Australia's Jetstar Airways faces Covid-credit class action

Australian low-cost carrier Jetstar Airways (JQ, Melbourne Tullamarine) is facing a class action lawsuit in the country's Federal Court based on allegations that it failed to refund customers' payments for cancelled international flights between 2020 and 2022, despite being legally obliged to do so. The firm behind the suit, Echo Law, is a small legal [...]

By | August 23rd, 2024|Financial|0 Comments

US’s Southwest readies for battle against activist fund

Southwest Airlines (WN, Dallas Love Field) is preparing for battle with activist fund Elliott Investment Management, and chief executive Bob Jordan has been rallying support from investors and employees, Reuters reported. Jordan told its staff in a memo seen by the news agency that the upcoming fight against Elliott would be for the “heart of [...]

By | August 22nd, 2024|Financial|0 Comments

Germany's AirTaxi Express eyes AOC, Tecnam 2000 fleet

Source: ch aviation Read more: Germany's AirTaxi Express eyes AOC, Tecnam 2000 fleet

By | August 22nd, 2024|Financial|0 Comments

Final Falcon 7X jets exit fleet of Netherlands' Exxaero

The last two Falcon 7X aircraft operated by Exxaero (XRO, Eindhoven) have transferred to Flying Group (Antwerp), according to ch-aviation research. PH-GWS (msn 287) and PH-IWS (msn 288) switched between operators on or about July 6, 2024. Exxaero's other FX, PH-AJX (msn 102), exited the operator's fleet in late March. The departures leave the aircraft [...]

By | August 22nd, 2024|Financial|0 Comments

Spain’s Iberia Express freezes growth over pilot union block

Negotiations between Iberia Express (I2, Madrid Barajas) and Spain’s pilots union (Sindicato de Pilotos de España - Sepla) have stalled, forcing parent Iberia (IB, Madrid Barajas) to freeze growth at the regional carrier. The parties are negotiating the possibility of relaxing the constraints under which Iberia Express operates by making changes to an annex in [...]

By | August 22nd, 2024|Financial|0 Comments

FlyGabon delays debut to mid-3Q24

Following delays, Gabon's new national carrier FlyGabon (Libreville Leon M'Ba) is now set to launch its first commercial flight on August 31 as it starts with domestic routes, according to an official news release. The launch had initially been slated for August 5. The brand will be operated by Afrijet Business Service (J7, Libreville Leon [...]

By | August 22nd, 2024|Financial|0 Comments

Somalia threatens to ban Ethiopian, flydubai over Somaliland

Source: ch aviation Read more: Somalia threatens to ban Ethiopian, flydubai over Somaliland

By | August 22nd, 2024|Financial|0 Comments

Malta's AirX Charter closes in on USD250mn investment

AirX Charter (AX, Malta International) is reportedly close to finalising a new USD250 million investment deal with Searchlight Capital Partners, which will see the New York-based private equity fund take a 25% stake in the operator, Sky News has reported. While refusing to comment on the article, chairman and co-founder John Matthews told ch-aviation that [...]

By | August 22nd, 2024|Financial|0 Comments