Spain’s Air Europa may see €80mn capital injection – report

Source: ch aviation Read more: Spain’s Air Europa may see €80mn capital injection - report

By | October 2nd, 2024|Financial|0 Comments

Air Sierra Leone targets late 4Q24 certification

Source: ch aviation Read more: Air Sierra Leone targets late 4Q24 certification

By | October 2nd, 2024|Financial|0 Comments

Romania's Carpatair takes delivery of first A320ceo

Source: ch aviation Read more: Romania's Carpatair takes delivery of first A320ceo

By | October 2nd, 2024|Financial|0 Comments

Kenya's Safe Air adds wet-leased B777; to add B737s, B727s

Source: ch aviation Read more: Kenya's Safe Air adds wet-leased B777; to add B737s, B727s

By | October 2nd, 2024|Financial|0 Comments

Singapore knocks back AirAsia licence request three times

The CEO of Capital A says the Singaporean authorities have thrice denied it airline licence applications with CEO Tony Fernandes claiming it is because Singapore wants to protect its own airlines. “Three times we had applied for an airline licence, three times we were rejected," he told Malaysia's Daily Star newspaper. "We could get other [...]

By | October 1st, 2024|Financial|0 Comments

Ex-chairman of Taiwan's Far Eastern gets 14 years for fraud

The former chairman of defunct Far Eastern Air Transport (Taipei Sung Shan) was sentenced to 14 years imprisonment by the Taipei District Court on September 30, 2024. The court found Zhang Gangwei guilty of offences against the country's Securities and Exchange Act, including falsifying financial documents and embezzlement. Far Eastern ceased operations in late 2019, [...]

By | October 1st, 2024|Financial|0 Comments

Lacklustre interest in Australia's Rex, board relations sour

The administrators of insolvent Australian carrier Rex - Regional Express (ZL, Wagga Wagga) have failed to find a buyer, according to The Australian, with a source close to the administrators telling the newspaper that the airline was "a bit of a Frankenstein business" and its breakup was inevitable. It comes as Rex's two top board [...]

By | October 1st, 2024|Financial|0 Comments

JetAir Caribbean’s restart hopes quashed amid $2mn debt

Source: ch aviation Read more: JetAir Caribbean’s restart hopes quashed amid mn debt

By | October 1st, 2024|Financial|0 Comments

US’s NEAJETS to open FBO at Farmingdale, expand ops

NEAJETS (NEW, Farmingdale) has received sole source approval to become a fixed-base operator (FBO) at its Farmingdale (Republic Airport) home base, executive vice president and general manager Peter Montemurro told ch-aviation in an exclusive interview. Maureen Mayer, senior vice president, added: “In addition to the FBO, our next area of growth will be the construction [...]

By | October 1st, 2024|Financial|0 Comments

US's Jet Aviation acquires Milwaukee FBO

Jet Aviation Flight Services (JAS, Teterboro) has bought a recently opened Fixed Base Operator (FBO) at Milwaukee General Mitchell from Jet In, a sister company of Part 135-certificated business aviation specialist JetOUT (CRE, Milwaukee General Mitchell). "Milwaukee allows us to offer a gateway into the Upper Midwest region in a market where we know our [...]

By | October 1st, 2024|Financial|0 Comments