Japan's ANA could use E2s on current B737 routes – CEO
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Garuda Indonesia chasing $500mn from sovereign wealth fund
Garuda Indonesia Group is seeking around USD500 million from the Danantara (Daya Anagata Nusantara) sovereign wealth fund, according to Bloomberg. The group operates Garuda Indonesia and Citilink. As previously reported in ch-aviation, the Indonesian government transferred its 64.5% stake in the company to a Danantara-controlled operational entity in March and funding talks have been underway [...]
Investors back Virgin Australia IPO, heavily subscribed
Virgin Australia (VA, Brisbane International) is expected to relist on the Australian Stock Exchange by the end of June after institutional investors committed to covering the bulk of the planned AUD685 million Australian dollar (USD446 million) initial public offering that will see controlling shareholder Bain Capital and its partners reduce their stake to 40%. A [...]
US's Corporate Air debuts SkyCourier ops in Hawaii
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Air Antilles seeks investors as temporary OL deadline looms
This article is only available with a subscription for Commercial Aviation News, Operator & Airport Data. Source: ch aviation Read more: Air Antilles seeks investors as temporary OL deadline looms
Brazil delays $710mn airline rescue package – reports
This article is only available with a subscription for Commercial Aviation News, Operator & Airport Data. Source: ch aviation Read more: Brazil delays 0mn airline rescue package - reports
UK's Global Airlines seeks Saudi funds – report
A Saudi investment group, Kingdom Holding Company, is eying an ownership stake in Global Airlines (London City). New investment from the Middle Eastern conglomerate would enable the British start-up to grow its A380-800 fleet from one to four aircraft, Aviation Week reported citing a source familiar with the matter. The company confirmed on its LinkedIn [...]
EU bans all carriers from Tanzania and Suriname
The European Commission (EC) has updated the EU Air Safety List, banning all carriers certified in Suriname and Tanzania. According to Brussels, the aviation authorities in Suriname and Tanzania do not ensure sufficient safety oversight. The new list, updated on June 3, includes 36 companies from Tanzania and nine from Suriname, including the country's flag [...]
Go First's lenders plan Thane land sale – again
Creditors of the defunct Indian low-cost carrier Go First (Mumbai International) are planning to auction two valuable blocks of land as soon as July to recover some of what they are owed, according to the Business Standard newspaper. Earlier this year, the Central Bank of India took possession of around 383,300 square metres of land [...]
Uzbekistan's Tashkent Air launches scheduled passenger ops
This article is only available with a subscription for Commercial Aviation News, Operator & Airport Data. Source: ch aviation Read more: Uzbekistan's Tashkent Air launches scheduled passenger ops