Brazil’s Azul prepares to add two A321(P2F)s

Source: ch aviation Read more: Brazil’s Azul prepares to add two A321(P2F)s

By | July 5th, 2024|Financial|0 Comments

Belgium's FlyingGroup targets larger jets, mulls single AOC

FlyingGroup is positioning itself as a high-quality specialist in the management of midsize and large business jets, even while it has also developed expertise as one of the leading PC-24 operators. It is also mulling a unified EASA AOC across the group, chairman and chief executive Bernard van Milders told ch-aviation in an interview at [...]

By | July 5th, 2024|Financial|0 Comments

Colombo abandons plans to privatise SriLankan Airlines

The Sri Lankan government has decided to restructure rather than privatise SriLankan Airlines (UL, Colombo International) after none of the entities that expressed interest in it were deemed suitable. A July 3 media statement on the Sri Lankan government website confirmed the change of heart, with the aviation minister, Nimal Siripala de Silva, saying none [...]

By | July 5th, 2024|Financial|0 Comments

Air Zimbabwe CEO discusses six-year turnaround strategy

Source: ch aviation Read more: Air Zimbabwe CEO discusses six-year turnaround strategy

By | July 5th, 2024|Financial|0 Comments

Abra tie-up to accelerate Spain’s Wamos Covid loan payment

Source: ch aviation Read more: Abra tie-up to accelerate Spain’s Wamos Covid loan payment

By | July 5th, 2024|Financial|0 Comments

Uzbekistan’s My Freighter to double B767-300BCF fleet

My Freighter (C6, Tashkent International) has signed a lease agreement with Air Transport Services Group (ATSG) for two additional B767-300ER(BCF)s, increasing its overall freighter-dedicated fleet to five aircraft, ch-aviation research has learned. ADS-B data shows that both airframes, N230CM (msn 25583) and N274CM (msn 25587), are currently stored in Wilmington Air Park. They are owned [...]

By | July 5th, 2024|Financial|0 Comments

New Biman Bangladesh CEO mulls major fleet expansion

The newly appointed MD and CEO of Biman Bangladesh Airlines (BG, Dhaka) has plans to grow the fleet from the present 21 aircraft to 47 over the next 11 years, requiring a major investment in new aircraft. Mohammad Jahidul Islam Bhuiyan, appointed to the top job in May, says his planned expansion will require an [...]

By | July 5th, 2024|Financial|0 Comments

Indonesia looks at loosening Hajj flight monopoly

The head of the 2024 Indonesian House of Representatives Hajj Supervisory Team has said that more airlines may be able to offer Hajj flights in the future. Abdul Muhaimin Iskandar told a July 1 media conference in Jakarta that he would like to open up the market out of Jakarta, currently restricted to Garuda Indonesia [...]

By | July 5th, 2024|Financial|0 Comments

Japan's Pioneer Ace Aviation to operate Honda jets

Pioneer Ace Airlines (Tokyo Haneda) has received the tick of approval from the East Japan Civil Aviation Bureau, an arm of the Ministry of Land, Infrastructure, Transport and Tourism, after passing an inspection of its transport control facilities, taking Pioneer one step closer to starting a passenger charter operation. Pioneer is a wholly owned subsidiary [...]

By | July 5th, 2024|Financial|0 Comments

LATAM Airlines Group eyes secondary share sale

LATAM Airlines Group has announced it is proceeding with the opening and relisting of the company’s American Depositary Receipts (ADR) Program on the New York Stock Exchange (NYSE), and that it is exploring the possibility of having a secondary sale with certain creditors that were backstop parties to its Chapter 11 reorganisation plan. The parent [...]

By | July 4th, 2024|Financial|0 Comments