Viva Air Perú enters insolvency procedure
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US's Air Unlimited ceases executive jet charter operations
Air Unlimited Charter Services (AUD, Orlando Sanford) has ceased executive jet charter operations with the retirement of its sole Citation Jet 3 from its Part 135-certified fleet, ch-aviation research reveals. N651CG (msn 525B-0105) is an 18.7-year-old aircraft configured to seat up to seven passengers. It was added to Air Unlimited's Part 135 certificate in 2018 [...]
Guyana’s Roraima Airways unveils bizjet brand Air Dash
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Latvia’s airBaltic reduces capital, cuts board salaries
airBaltic (BT, Riga) has formally completed its announced capital reduction, an official filing revealed, a move that comes ahead of its long-awaited initial public offering (IPO). The majority Latvian state-owned carrier also announced that its executive board had agreed to slash its members' own salaries by almost half ahead of the listing. After the share [...]
France's Amelia resumes scheduled operations
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Court rejects state liability over ACG Air Cargo Germany
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Canada sanctions two subsidiaries of Russia's Volga-Dnepr
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Gov't offers SriLankan $67.5mn, CEO mulls future fleet
The Sri Lankan government has proposed handing LKR20 billion rupees (USD67.5 million) to SriLankan Airlines (UL, Colombo International) to repay loans and make interest payments. President Anura Kumara Dissanayake outlined the plan while delivering his 2025 budget speech in Colombo on February 17. "The government would sign an agreement with those banks and set aside [...]
China's Qingdao Airlines hunting for charter aircraft
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Korean state banks to recoup last of Asiana Airlines loans
Two South Korean state-owned banks that loaned KRW3.6 trillion won (USD2.5 billion) to Asiana Airlines (OZ, Seoul Incheon) over 2019 and 2020 are calling in the remaining debt, according to the Chosun Ilbo newspaper. The daily reports that KRW1.38 trillion (USD957 million) remains outstanding, and the Korea Development Bank and Export-Import Bank of Korea (KEXIM) [...]