Russia's Skylight imports Global Express XRS

Skylight (LSK, Moscow Sheremetyevo) added its third Global Express XRS in 2024, despite ongoing Western sanctions, ch-aviation research has found. RA-73539 (msn 9349) was first active on August 17, 2024, completing a flight between Bishkek and Tashkent International, followed by a flight to Moscow Vnukovo later that day. The 15.8-year-old Bombardier Business Aircraft has been [...]

By | December 30th, 2024|Financial|0 Comments

Sovico Group agrees to pay off Qazaq Air’s debt by 2044

Source: ch aviation Read more: Sovico Group agrees to pay off Qazaq Air’s debt by 2044

By | December 30th, 2024|Financial|0 Comments

Kilit Group acquires Türkiye's Southwind Airlines

Source: ch aviation Read more: Kilit Group acquires Türkiye's Southwind Airlines

By | December 30th, 2024|Financial|0 Comments

Turkmenistan adds new Global 7500 to government fleet

Turkmenistan has added a brand-new governmental aircraft, a Global 7500, which will be operated by Turkmenistan Airlines, alongside the country’s other state aircraft, according to ch-aviation research. EZ-G7500 (msn 70205) was delivered on December 3, 2024, flying between Montréal Trudeau and Ashgabat under the flag carrier's 'TUA' code. It has been actively operating within the [...]

By | December 29th, 2024|Financial|0 Comments

Azerbaijan's AZAL suspends Russian routes after crash

AZAL Azerbaijan Airlines (J2, Baku Heydar Aliev International) has suspended its scheduled services from Baku Heydar Aliev International to Grozny and Makhachkala after an E190 flying to the former destination diverted to Aktau in Kazakhstan and crashed. The airline told the state press agency Azertag that the routes would be on pause until the investigation [...]

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

Judge greenlights JetBlue Airways Florida tax lawsuit

Source: ch aviation Read more: Judge greenlights JetBlue Airways Florida tax lawsuit

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

AAR Corp settles US DOJ bribery investigation for $55mn+

Listed US aviation services business AAR Aircraft Sales & Leasing/AAR Corp has negotiated a USD55 million-plus settlement with the Department of Justice (DOJ) connected to activities in Nepal and South Africa in 2016-17 that potentially violated the US Foreign Corrupt Practices Act. A December 19 Securities and Exchange Commission (SEC) filing contained details of the [...]

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

US's Flexjet raises $550mn via unsecured notes

Flexjet (LXJ, Cleveland Cuyahoga Country) has raised USD550 million via a five-year senior unsecured notes issuance of OneSky Flight LLC, a wholly owned subsidiary. As reported by Private Jet Card Comparisons, the company will use the proceeds to refinance existing aircraft and real estate debt, pay a dividend to shareholders, and put cash on the [...]

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

Ireland orders Falcon 6X for gov't transport

The Irish Department of Defence has ordered a single Falcon 6X from Dassault Aviation as the new VIP aircraft. Delivery is scheduled for December 2025, and the aircraft will be in service before the Irish Presidency of the Council of the European Union in the second half of 2026. The government said that the aircraft [...]

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

Malawi's Flytech places DC-9 with Somaliland start-up

Source: ch aviation Read more: Malawi's Flytech places DC-9 with Somaliland start-up

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