Cyprus Airways adds wet-leased A319
Source: ch aviation Read more: Cyprus Airways adds wet-leased A319
Russia's Rostec tweaks board of Red Wings, to merge lessors
Source: ch aviation Read more: Russia's Rostec tweaks board of Red Wings, to merge lessors
Islamabad proposes buyer-friendly terms for PIA sale
The government of Pakistan will accept partial cash payment for a majority stake in PIA - Pakistan International Airlines (PK, Islamabad International) and allow debt-funded investments, according to an Express Tribune report. Citing sources close to matters, the newspaper says draft agreements state that the buyer will have the option of paying around one-third of [...]
Mexicana refuses to be served in breach-of-contract case
Source: ch aviation Read more: Mexicana refuses to be served in breach-of-contract case
US’s JetBlue Airways defers A321neo deliveries
JetBlue Airways (B6, New York JFK) and Airbus have entered into an amended delivery schedule deferring forty-four A321-200Ns initially due from 2025 to 2029, to 2030 and beyond, the US carrier announced in its 2024 second quarter financial results. Following this deferral, JetBlue’s firm aircraft orders remain as follows: the remainder of 2024: twelve A220-300s, [...]
Alaska, Hawaiian, DOJ agree on new review extension
Alaska Airlines, Hawaiian Airlines, and the United States Department of Justice (DOJ) have agreed on a brief extension to the formal review period of the proposed merger of the two airlines, until 0001L (0401Z) on August 15, the carriers announced in regulatory filings to the US Securities and Exchange Commission on July 30. The airlines [...]
Mexico’s VivaAerobus secures partial P&W compensation
VivaAerobus (VB, Monterrey Mariano Escobedo) has reached an undisclosed compensation agreement with Pratt & Whitney for the ongoing geared turbofan (GTF) engine recalls that have plagued its operations, parking nearly 28% of its fleet during the second quarter of 2024. The Mexican LCC recently reported total operating expenses of USD530 million during the second quarter. [...]
New national carrier FlyGabon launch imminent
Source: ch aviation Read more: New national carrier FlyGabon launch imminent
Nigeria's Cross River state to expand Cally Air fleet
Nigeria's Cross River state has allocated additional resources to purchase five aircraft for the state's virtual carrier Cally Air (Calabar), according to Nigeria's Africa Independent Television (AIT). Details on the aircraft type were not revealed. "We are making a strategic investment in purchasing additional aircraft to enhance our aviation capabilities to address the current situation [...]
Ryanair loses appeal against Austrian Airlines state aid
The Court of Justice of the European Union has dismissed Ryanair's appeal against a EUR150 million euro (USD162 million) state loan granted to Lufthansa Group member Austrian Airlines (OS, Vienna) during the Covid-19 pandemic in 2020. In its July 29 judgement, the Luxembourg-based court confirmed the lawfulness of the loan. It dismissed the action brought [...]