Surinam Airways cuts debt by $11mn amid restructuring effort

Source: ch aviation Read more: Surinam Airways cuts debt by mn amid restructuring effort

By | October 23rd, 2024|Financial|0 Comments

Frontier exploring new bid for Spirit Airlines – report

Frontier Airlines (F9, Denver International) is considering making a renewed bid for Spirit Airlines (NK, Fort Lauderdale International), according to the Wall Street Journal, which reports that new merger discussions are at an early stage and that a deal may not materialise. Citing "people familiar with the matter," the WSJ said that if a deal [...]

By | October 23rd, 2024|Financial|0 Comments

SKYhigh Dominicana begins B737-400(SF) ops

Source: ch aviation Read more: SKYhigh Dominicana begins B737-400(SF) ops

By | October 23rd, 2024|Financial|0 Comments

Norwegian investor Sundt AS continues share selloff

Source: ch aviation Read more: Norwegian investor Sundt AS continues share selloff

By | October 23rd, 2024|Financial|0 Comments

Angola's TAAG to debut Luanda Neto pax ops in 4Q24

Source: ch aviation Read more: Angola's TAAG to debut Luanda Neto pax ops in 4Q24

By | October 23rd, 2024|Financial|0 Comments

SAA seeks amicable solution to Zimbabwe asset threat

South African Airways (SA, Johannesburg O.R. Tambo) is optimistic about an amicable solution to a current impasse with Zimbabwe after the neighbouring country threatened to attach the airline's assets over an alleged USD2.4 million in unpaid fees despite Zimbabwe withholding ZAR1 billion rand (USD57 million) worth of unremitted SAA ticket sales. "The conduct of the [...]

By | October 23rd, 2024|Financial|0 Comments

Taiwan's EVA Air takes precautionary steps amid A350 delays

Source: ch aviation Read more: Taiwan's EVA Air takes precautionary steps amid A350 delays

By | October 23rd, 2024|Financial|0 Comments

t'way Air asks Korean Air for B777s – report

Source: ch aviation Read more: t'way Air asks Korean Air for B777s - report

By | October 22nd, 2024|Financial|0 Comments

US's Spirit Airlines inks short-term debt extension deadline

Spirit Airlines (NK, Fort Lauderdale International) has signed an amendment to its card processing agreement with the US Bank National Association that prolongs its 2025 notes extension deadline from October 21 to December 23, 2024. In an October 18 regulatory filing, the low-cost carrier said it had also fully drawn down its USD300 million revolving [...]

By | October 22nd, 2024|Financial|0 Comments

Brazil’s GOL seeks Chapter 11 plan deadline extension

GOL Linhas Aéreas Inteligentes (G3, São Paulo Congonhas) has requested the United States bankruptcy court of the Southern District of New York to grant it an additional 150 days (i.e. through May 19, 2025) to file its Chapter 11 restructuring plan. In a filing seen by ch-aviation, the carrier said that this further extension will [...]

By | October 22nd, 2024|Financial|0 Comments