Indonesia's Airneasia Royal Cargo confident about AOC

Source: ch aviation Read more: Indonesia's Airneasia Royal Cargo confident about AOC

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

Korea's t'way Air has new second-biggest shareholder

Source: ch aviation Read more: Korea's t'way Air has new second-biggest shareholder

By | July 3rd, 2024|Financial|0 Comments

Vietnam Airlines gets more time to repay gov't loans

Vietnam Airlines (VN, Hanoi Noi Bai International) has secured a three-year extension on VND4 trillion dong (USD158 million) worth of government loans that were falling due later this month. Per a Bloomberg report, Viet Nam's National Assembly approved the extension, to July 2027. A week ago, ch-aviation reported on a statement on the National Assembly's [...]

By | July 3rd, 2024|Financial|0 Comments

Korean Air denies it needs to surrender US slots

Korean Air (KE, Seoul Incheon) has denied reports that the United States Department of Justice (DOJ) may require the carrier to surrender slots at certain US airports in exchange for approving its merger application with Asiana Airlines (OZ, Seoul Incheon), according to the Korean-language newspaper Viewers. Reportedly, the DOJ wants to see US carriers snag [...]

By | July 3rd, 2024|Financial|0 Comments

US’s Mesa Airlines to reduce pilot headcount

Mesa Airlines (YV, Phoenix Sky Harbor) will furlough 53 pilots, citing a significant and unexpected reduction in flight crew attrition levels. First reported by Airline Geeks, the carrier operating as United Express on behalf of United Airlines (UA, Chicago O'Hare) has since sent an announcement to more junior first officers via email. Mesa Airlines’ pilots [...]

By | July 3rd, 2024|Financial|0 Comments

Boeing restarts widebody deliveries to China

Boeing (BOE, Washington National) has restarted widebody deliveries to China after an almost two-month gap caused by a regulatory review, ferrying two B777-200Fs to Air China Cargo (CA, Beijing Capital) in late June 2024. Reuters reported that B737 MAX and B787 deliveries are also expected to restart shortly. B-223S (msn 67834) and B-223T (msn 67835) [...]

By | July 3rd, 2024|Financial|0 Comments

CDB distances itself from ex-LIAT aircraft sale

The Caribbean Development Bank (CDB) says it was not party to the sale agreement of the three aircraft formerly operated by the defunct LIAT 1974 Ltd, dba LIAT (Antigua and Barbuda), over which it holds mortgages. Its only role, it underlined, is to provide the necessary consent for the sale, which it has already done. [...]

By | July 3rd, 2024|Financial|0 Comments

S Africa's FlySafair to exit B737-400s, eyes all-800 fleet

Source: ch aviation Read more: S Africa's FlySafair to exit B737-400s, eyes all-800 fleet

By | July 3rd, 2024|Financial|0 Comments

Brussels approves Lufthansa's bid for ITA Airways

The European Commission has cleared Lufthansa Group's proposed EUR325 million euro (USD353 million) bid for a 41% stake in Italy's state-owned ITA Airways (AZ, Rome Fiumicino), subject to "full compliance with remedies" offered by the Lufthansa parent and the Italian Ministry of Economy and Finance (MEF). The decision follows an in-depth investigation of the proposed [...]

By | July 3rd, 2024|Financial|0 Comments

Royal Australian Air Force to add B737-8BBJs

The Royal Australian Air Force (ASY, Richmond, QL) is readying to take delivery of two B737-8(BBJ)s to replace its two B737-700(BBJ)s used to fly around senior politicians and assorted other dignitaries. The first replacement aircraft, A62-001 (msn 67959), operated a series of test flights around Dallas, Texas, for much of June before ferrying to Camp [...]

By | July 2nd, 2024|Financial|0 Comments