Bursa Malaysia okays AirAsia X share listing and quotation

AirAsia X (D7, Kuala Lumpur International) has received Malaysian Stock Exchange (Bursa Malaysia) approval regarding the listing and quotation of shares connected with its acquisition of Capital A's aviation businesses. Under the plan, AirAsia X Berhad, trading as AirAsia X, will pay MYR6.8 billion ringgits (USD1.58 billion) to buy Capital A's equity interests in AirAsia [...]

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

IndiGo CEO flags major int'l expansion, widebodies in 2027

The CEO of IndiGo Airlines (6E, Delhi International) has told The Economic Times that he intends to significantly grow the carrier's international network to 40 airports by the end of March 2025 and introduce widebody aircraft by 2027. CEO Pieter Elbers said the expansion is part of a broader strategy to establish IndiGo as a [...]

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

Shareholders of India's SpiceJet okay ₹30bn capital raising

A postal ballot conducted by SpiceJet (SG, Delhi International) has resulted in shareholders approving a proposal to raise up to INR30 billion rupees (USD357.7 million) via the issuance of securities. The scrutineer reported that 1,459 shareholders cast 408,784,445 votes (99.8061% of the total number of votes cast) in favour of the issuance and 109 shareholders [...]

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

Nepal Airlines reissues $1bn funding EOI notice

Nepal Airlines Corporation (NAC), trading as Nepal Airlines (RA, Kathmandu), is again seeking to borrow USD1.018 billion to service existing loans, acquire new aircraft, and build a hangar, according to an expressions of interest (EOI) notice the state-owned airline filed on September 13. Subject to approval from the Nepalese government and other authorities, NAC says [...]

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

Virgin Australia converts twelve B737-10 orders to -8s

The CEO of Virgin Australia (VA, Brisbane International) told an aviation event in Brisbane last week that the airline had converted some B737 MAX orders and confirmed that it would acquire some B737-800s formerly placed at Rex - Regional Express (ZL, Wagga Wagga). “We’ve converted twelve B737-10s to B737-8s to ensure that we’ve got a [...]

By | September 16th, 2024|Financial|0 Comments

Lufthansa Group confirms airBaltic as strategic ACMI partner

Lufthansa Group has signed a strategic three-year wet-lease agreement with airBaltic (BT, Riga), covering up to twenty-one A220-300s during summer seasons and up to five aircraft during winter. The German holding said the partnership, beginning in the Summer 2025 season, will allow it to better respond to changing demand with more seasonal routes. "With the [...]

By | September 16th, 2024|Financial|0 Comments

New investor offers to buy 100% of Air Belgium – report

Source: ch aviation Read more: New investor offers to buy 100% of Air Belgium - report

By | September 16th, 2024|Financial|0 Comments

Lithuania's KlasJet to outfit B737-800 with business class

KlasJet (KLJ, Vilnius) has announced plans to reconfigure one of its B737-800s with a dedicated business class, aiming to better serve the global ACMI market. "While this cabin configuration is in high demand, and traditionally not provided, we are making these upgrades to cater to interest in Africa and other markets where we see this [...]

By | September 16th, 2024|Financial|0 Comments

Germany's flyv announces mid-2Q25 debut

flyv (Germany) (Stuttgart Manfred Rommel) has announced it will begin scheduled commercial flights under the flybbird brand from Friedrichshafen in May 2025 with at least one Tecnam P2012 following the successful completion of a demonstration flight on September 10 from the Lake Constance airport. The flight was conducted by German charter carrier Alpen Air (Germany) [...]

By | September 16th, 2024|Financial|0 Comments

Boeing's August 2024 order book changes revealed

Source: ch aviation Read more: Boeing's August 2024 order book changes revealed

By | September 16th, 2024|Financial|0 Comments