Viet Nam's Pacific Airlines set to resume flight ops

Source: ch aviation Read more: Viet Nam's Pacific Airlines set to resume flight ops

By | June 18th, 2024|Financial|0 Comments

Singapore's ACAM takes on its first Gulfstream G550

ACAM - Asian Corporate Aviation Management (Singapore Seletar) has acquired its first Gulfstream G550, with the ch-aviation fleets module showing the business jet operator took over responsibility for the management and operations of T7-ELLY (msn 5496) in mid-May. “We are extremely honoured and proud to have been awarded this contract to manage this beautiful G550 [...]

By | June 18th, 2024|Financial|0 Comments

Avion Express hunts midlife A320s, eyes Brazil AOC by YE24

Source: ch aviation Read more: Avion Express hunts midlife A320s, eyes Brazil AOC by YE24

By | June 18th, 2024|Financial|0 Comments

MEA may not be only sch'd carrier in Lebanon after 3Q24

Source: ch aviation Read more: MEA may not be only sch'd carrier in Lebanon after 3Q24

By | June 18th, 2024|Financial|0 Comments

US fines Türkiye's Air Sapphire $285,000 for Russia charters

The US Department of Commerce's Bureau of Industry and Security (BIS) has fined Turkish business charter firm Air Sapphire USD285,000 for arranging at least two charter flights into Russia without the required export licence. The Turkish firm acquired a US-made Gulfstream GIV-SP, TC-GLF (msn 1481), in October 2023. It then operated at least two charter [...]

By | June 18th, 2024|Financial|0 Comments

Belarus, Russia looking into joint flat fares

Belarus and Russia are in negotiations over introducing flat fares on flights between the two countries, just like those that already exist within Russia, Interfax reported, citing Dmitry Krutoy, Belarussian ambassador to Russia. The diplomat stated that the idea was outlined at a meeting of the High-Level Group of the Council of Ministers of the [...]

By | June 18th, 2024|Financial|0 Comments

Canada sanctions Russia's Pobeda, UK – Volga-Dnepr

As part of the coordinated ramp-up in sanctions against Russia announced by various governments during the recent G7 Summit, Canada has now designated low-cost carrier Pobeda (DP, Moscow Sheremetyevo) while the United Kingdom has sanctioned Volga-Dnepr Group. Ottawa did not provide detailed reasons for including the Aeroflot Group budget airline on its sanctions list but [...]

By | June 18th, 2024|Financial|0 Comments

Parent of Bangladesh’s Regent Airways must repay $29.8mn

Top management members at Habib Group, the parent company of defunct Regent Airways’ parent HG Aviation, have been ordered by a court in Bangladesh to repay loans to two banks worth BDT3.5 billion (USD29.8 million), the Daily Star reported. The loans must be paid within two months to One Bank, which is owed BDT2.1 billion [...]

By | June 18th, 2024|Financial|0 Comments

China's Asia United Business Aviation retires only Falcon 7X

Asia United Business Aviation (Shenzhen) has retired its only Dassault Aviation aircraft, namely a Falcon 7X, ch-aviation research has revealed. T7-1111 (msn 45), a 14.3-year-old trijet, was transferred to Luxaviation San Marino and began flying for the new operator on May 30, 2024, with the first flight being from Singapore Seletar to Penang. Asia United [...]

By | June 17th, 2024|Financial|0 Comments

All quiet as Air Vanuatu EOI deadline passes

Ten days after a deadline to submit expressions of interest (EOI) to invest in the insolvent and grounded state-owned carrier Air Vanuatu (NF, Port Vila) expired, the administrator Ernst and Young has still not commented on the success or otherwise of the sales campaign. Ahead of the June 7, 2024, deadline, Ernst and Young placed [...]

By | June 17th, 2024|Financial|0 Comments