Fly Burundi begins certification

Source: ch aviation Read more: Fly Burundi begins certification

By | October 25th, 2024|Financial|0 Comments

UK's Propel Flight Operations eyes charter flights

Source: ch aviation Read more: UK's Propel Flight Operations eyes charter flights

By | October 25th, 2024|Financial|0 Comments

Korea's Aero K to appeal adverse $8mn lease dispute ruling

Source: ch aviation Read more: Korea's Aero K to appeal adverse mn lease dispute ruling

By | October 24th, 2024|Financial|0 Comments

CNMI's Star Marianas involves US FAA in airport fees dispute

Source: ch aviation Read more: CNMI's Star Marianas involves US FAA in airport fees dispute

By | October 24th, 2024|Financial|0 Comments

Brazil’s Azul struggling to find investors – report

Azul Linhas Aéreas Brasileiras (AD, São Paulo Viracopos) has two options to raise about USD400 million in new cash: a fresh financing accord with its existing ad hoc group of bondholders, or receiving capital that Jefferies Financial Group is trying to raise from other investors. The first option may entail a future debt-for-equity swap, while [...]

By | October 24th, 2024|Financial|0 Comments

Abra Group secures $1.25bn in refinancing

Abra Group, owner of avianca airlines, GOL Linhas Aéreas Inteligentes, and Wamos Air, has closed two private refinancing transactions worth a total of USD1.25 billion. One of the holding group's own subsidiaries, Abra Global Finance (based in the Cayman Islands), closed a private placement of USD510 million in aggregate principal amount of senior secured notes [...]

By | October 24th, 2024|Financial|0 Comments

Moldova's Pecotox-Air takes delivery of first B747F

Source: ch aviation Read more: Moldova's Pecotox-Air takes delivery of first B747F

By | October 24th, 2024|Financial|0 Comments

Air Serbia inducts first E195 into service

Source: ch aviation Read more: Air Serbia inducts first E195 into service

By | October 24th, 2024|Financial|0 Comments

Parts trading is key to DAT’s ATR-based business model – CEO

Source: ch aviation Read more: Parts trading is key to DAT’s ATR-based business model - CEO

By | October 24th, 2024|Financial|0 Comments

Lisbon approves TAP share capital reduction

The Portuguese government, through the state-owned assets oversight board (Direção Geral do Tesouro e Finanças - DGTF), has approved a reduction in the share capital of TAP Air Portugal (TP, Lisbon) by two-thirds from its current EUR980 million euros (USD1.05 billion) to EUR313.6 million (USD337.8 million) to absorb losses and restructure its financial obligations. The [...]

By | October 24th, 2024|Financial|0 Comments