Cebu Pacific Air (5J, Manila Ninoy Aquino International) will acquire an additional 20% stake in 1Aviation Ground Handling Services (1AV) in a debt-to-equity deal, according to an October 29 stock market filing. The transaction will increase Cebu’s ownership in 1AV from 40% to 60%. The airline will forego debts of PHP113 million pesos (USD1.94 million) [...]
Source: ch aviation Read more: Hong Kong Airlines to source B787s from within group
Source: ch aviation Read more: Korea's Cheongju Airport offers incentives for more aircraft
Riyadh Air (RXI, Riyadh) has ordered sixty A321-200neo ahead of its stated launch in the first half of 2025. The Saudi start-up and Airbus (AIB, Toulouse Blagnac) both confirmed the deal on October 30 following a signing ceremony in Riyadh. The narrowbody commitment was first alluded to earlier this year. The state-backed start-up did not [...]
Source: ch aviation Read more: Quebecois entrepreneur eyes Chrono Aviation's assets
Let's Go Air has expanded its Part 135-certified fleet with its first business jet, a Premier I, adding to its existing turboprop operation, ch-aviation research shows. Premier I N264DL (msn RB-27) joins the Pennsylvania-based operator's charter fleet alongside a Beech (twin turboprop) King Air B200. The 23.1-year-old jet was initially registered in the United States, [...]
Source: ch aviation Read more: Lisbon to settle debt with Sevenair
United Nigeria Airlines (UN, Enugu) is to wet-lease in an E190 and an A320-200 to boost domestic capacity during the IATA Northern winter season. The E190 is being sourced on a one-year wet-lease from Marathon Airlines (O8, Athens), starting on November 1, 2024. The Greek ACMI/charter specialist also said it would add a further two [...]
Source: ch aviation Read more: Sono International bumps up investment in Korea's Air Premia
Source: ch aviation Read more: China's Qingdao Airlines completes ownership rejig