Japan's Air Do, Solaseed consolidate maintenance work

Source: ch aviation Read more: Japan's Air Do, Solaseed consolidate maintenance work

By | October 8th, 2024|Financial|0 Comments

Australia's Bonza caught up in US money laundering probe

The United States Department of Justice (DOJ) is investigating whether money funnelled to insolvent Australian operator Bonza breached US money-laundering laws. The Australian Broadcasting Corporation (ABC) reports that the DOJ is looking at whether Bonza's backer, Miami-based 777 Partners (and its funder, insurer A-CAP), sent money to Bonza instead of its intended destination, 777's soccer [...]

By | October 8th, 2024|Financial|0 Comments

Thailand's Siam Seaplane secures AOC

Siam Seaplane (Bangkok Don Mueang) has secured its air operator certificate (AOC) from the Civil Aviation Authority of Thailand (CAAT), paving the way for it to start commercial flights. The certificate, AOC.0032, is valid through October 1, 2026. "With our AOC certification in hand today (October 2), we are now ready to operate," said CEO [...]

By | October 8th, 2024|Financial|0 Comments

Brazil’s Azul reaches agreement with lessors, OEMs

Azul Linhas Aéreas Brasileiras (AD, São Paulo Viracopos) has reached commercial agreements with select creditors to strengthen its cash generation means and improve its capital structure. The carrier said in a statement that lessors and OEMs that hold approximately 92% of the airline’s existing equity issuance obligations, have now agreed to eliminate approximately BRL3 billion [...]

By | October 8th, 2024|Financial|0 Comments

US's Sterling Aviation adds first Falcon 7X

Sterling Aviation (NSH, Milwaukee General Mitchell) has inducted a first Falcon 7X into its Part 135-certified fleet in the United States, ch-aviation research has revealed. At 13.4 years old, N8889 (msn 112) has been operated under the same registration in the United States since 2018. It was previously operated by Gama Aviation Signature Aircraft Management [...]

By | October 8th, 2024|Financial|0 Comments

US's Jet Select Aviation introduces G300 ops in its Part 135

JetSelect Aviation (VJA, Columbus John Glenn, OH) has begun operating its first G300 in its Part 135-certified fleet, marking the last of its type formerly managed by its sister company, Jet Edge, as revealed by ch-aviation research. N30JE (msn 1517) completed its final flight under Jet Edge's certificate on August 24, travelling between Red Wing [...]

By | October 8th, 2024|Financial|0 Comments

Brazil's TAM Aviação Executiva adds first Praetor 500

TAM Aviação Executiva (São Paulo Congonhas) has taken delivery of its first Embraer Executive Jets Praetor 500 for non-commercial operations, as revealed by ch-aviation research. PS-WMA (msn 55010134) is a brand-new aircraft certified to carry up to nine passengers but is not authorised for commercial air taxi operations. It underwent modification at one of Embraer [...]

By | October 8th, 2024|Financial|0 Comments

Argentina investigates $252mn aircraft acquisition fraud

Argentine political party Coalición Cívica has called on the country's justice system to investigate a possible smuggling scheme wherein 14 former public employees, 18 private firms, and ten private citizens are alleged to have bought aircraft at inflated prices, thus benefiting from their access to US dollars at the official Argentine peso/US dollar rate, which [...]

By | October 8th, 2024|Financial|0 Comments

ASL Airlines Ireland begins SolitAir charters in Dubai

Source: ch aviation Read more: ASL Airlines Ireland begins SolitAir charters in Dubai

By | October 8th, 2024|Financial|0 Comments

Saudi Arabia's Riyadh Air expects AOC before YE24

Riyadh Air (RXI, Riyadh) is in the final stages of securing its Air Operator’s Certificate (AOC), CEO Tony Douglas said during the Routes World 2024 conference in Bahrain. “We’re into route-proving flights at the moment. We’re days away from completing that process. We’ll have an AOC by the end of the year,” he said while [...]

By | October 8th, 2024|Financial|0 Comments