Air Europa wet-leases in additional A330-900N capacity
Source: ch aviation Read more: Air Europa wet-leases in additional A330-900N capacity
Italy's ITA Airways secures $240mn in private credit finance
A "wholly-owned subsidiary" of ITA Airways (AZ, Rome Fiumicino) has achieved USD240 million in private credit financing from AIP Capital, a loan that is secured by three new A330-900N aircraft with Rolls-Royce Trent 7000 engines, the airline announced. In a statement on August 29, ITA Airways chairman Antonino Turicchi labelled the deal as another step [...]
Norway's Norse Atlantic shifts focus to more ACMI, charter
Norse Atlantic Airways (N0, Oslo Gardermoen) has announced it is revising its business strategy by allocating at least half of its fleet capacity to ACMIs and charter services from the fourth quarter and throughout the IATA winter season. In a statement announcing its second quarter results for 2024, the Norwegian airline said the third quarter [...]
Gabon regime acquires new presidential jets – report
Source: ch aviation Read more: Gabon regime acquires new presidential jets - report
FlyGabon debuts ops on domestic routes
Source: ch aviation Read more: FlyGabon debuts ops on domestic routes
Lufthansa Group eyes 19.9% stake in TAP – reports
Lufthansa Group has declined to comment on reports that it is seeking to acquire a 19.9% stake valued between EUR180 million and EUR200 million euros (USD199-221 million) in TAP Air Portugal (TP, Lisbon) as part of the Portuguese flag carrier's privatisation process. "We do not comment on these media reports," a Lufthansa Group spokesman informed [...]
Mexico’s mas to grow A330-300(P2F) fleet
Source: ch aviation Read more: Mexico’s mas to grow A330-300(P2F) fleet
Brazil's Líder Táxi Aéreo adds first G450 for private ops
Líder Táxi Aéreo has inducted its first G450 onto its Air Operator's Certificate (AOC), although the aircraft is operated privately for the owner. It is also its first operated Gulfstream Aerospace jet. PS-BDH (msn 4204) was registered in Brazil on July 5, 2024, and is certified to carry up to 16 persons but is not [...]
Abra negotiates $1.3bn loan to address GOL's C11
Abra Group has entered into a commitment letter with investment firm Castlelake to raise USD1.3 billion in funds to avoid the risk of default on the holding's bonds due to GOL Linhas Aéreas Inteligentes’s ongoing US Chapter 11 bankruptcy process. The financing will be used to refinance Abra's senior secured notes in full, the group [...]
Argentina’s Flybondi still mum on Brazilian AOC
Source: ch aviation Read more: Argentina’s Flybondi still mum on Brazilian AOC