Tanzania's W-Cargo secures stay on airport eviction
Source: ch aviation Read more: Tanzania's W-Cargo secures stay on airport eviction
Uganda CAA seizes nine aircraft abandoned at Entebbe
Source: ch aviation Read more: Uganda CAA seizes nine aircraft abandoned at Entebbe
Plans disclosed for Sri Lankan start-up Air Ceilão
A Colombo businessman is publicising plans to launch a scheduled passenger carrier called Air Ceilão which he says will harness Sri Lanka’s strategic position as a regional aviation hub and "reshape how the world views air travel." Air Ceilão chairman Janith Kashan told local outlets late last month that launch plans "are already in motion" [...]
Jazeera Airways eyeing new bases beyond Kuwait – CEO
Jazeera Airways (J9, Kuwait) is contemplating setting up new bases outside Kuwait should the opportunity arise as it remains optimistic about expansion despite Middle East geopolitical challenges, according to CEO Barathan Pasupathi. He told the Abu Dhabi news site The National that the low-cost carrier is concentrating on expanding direct routes from Kuwait to capitalise [...]
Bidders grumble about gov't terms in PIA privatisation
Prospective purchasers of PIA - Pakistan International Airlines (PK, Islamabad International) are pushing back on a government requirement to invest USD500 million in the airline, increase its fleet, and maintain certain routes, according to the Express Tribune newspaper. Islamabad plans to sell a 75% stake in the majority state-owned carrier, but the six shortlisted bidders [...]
India's SpiceJet pitches to investors to raise ₹32.36bn
SpiceJet (SG, Delhi International) has told investors it plans to raise INR32.36 billion rupees (USD385.4 million) to settle liabilities, unground aircraft, induct new planes, and other general purposes. The low-cost carrier made its presentation on September 6 as part of its campaign to woo investors to participate in its planned capital infusion. The airline plans [...]
Trouble brews among top shareholders of Korea's t'way Air
Source: ch aviation Read more: Trouble brews among top shareholders of Korea's t'way Air
Thailand's K-Mile Asia receives first B767-300F
K-Mile Asia (8K, Bangkok Suvarnabhumi) has taken delivery of its first B767-300ER(BCF) - its first widebody freighter and the first of its type in Thailand. HS-KSA (msn 33421) arrived at Bangkok Suvarnabhumi on September 6, 2024, following a non-stop ferry flight from Guangzhou. The company told ch-aviation that the aircraft is leased. Powered by Pratt [...]
China's Shenzhen Airlines to sell A319s
Source: ch aviation Read more: China's Shenzhen Airlines to sell A319s
Blackrock cuts stake in Brazil’s Azul
US investment fund Blackrock Investment Management has sold a portion of its preferential shares and American Depositary Receipts (ADRs) in Azul Linhas Aéreas Brasileiras (AD, São Paulo Viracopos), reducing its stake in the Brazilian airline from 5.061% to 4.716%, Reuters reported. The divestment follows reports that alleged Azul was in discussions with shareholders to optimise [...]