Buyer of Jet Airways B777s may walk if deal not finalised

The Chief Investment Officer of Challenge Group, parent entity of Ace Aviation, says if it cannot buy three B777-300ERs belonging to Jet Airways (JAI, Mumbai International), it will have to reconsider its attempt to enter the Indian market. In 2022, various ACE Aviation Group entities, Ace Aviation VIII Limited, Ace Aviation IX Limited, and Ace [...]

By | June 26th, 2024|Financial|0 Comments

Nepal's Yeti Airlines to acquire ATR72-600s – report

Yeti Airlines (YT, Kathmandu) has secured backing from Asian Life Insurance to acquire three ATR72-600s, according to Kathmandu's Bizmandu outlet, adding that the airline is already running the ruler over the aircraft type and is in talks with potential suppliers. Chairman Lhakpa Sonam Sherpa told the outlet that Yeti would buy used aircraft around eight [...]

By | June 26th, 2024|Financial|0 Comments

Russia's Aurora eyes 33 Russian fixed-wing aircraft by 2030

Source: ch aviation Read more: Russia's Aurora eyes 33 Russian fixed-wing aircraft by 2030

By | June 25th, 2024|Financial|0 Comments

China's LJ Air gets a new shareholder

Source: ch aviation Read more: China's LJ Air gets a new shareholder

By | June 25th, 2024|Financial|0 Comments

Hawaiian Airlines seeks to defer $1.2bn in bond payments

Hawaiian Airlines (HA, Honolulu) has launched an offer to exchange any and all of their outstanding 5.750% Senior Secured Notes due to mature in 2026 for new 11.000% Senior Secured Notes due to mature in 2029 and cash. If fully subscribed by the early exchange deadline, the deal will see the airline exchange notes worth [...]

By | June 25th, 2024|Financial|0 Comments

United Airlines considers basing B737s out of Narita

United Airlines (UA, Chicago O'Hare) may relocate some B737s from their base in Guam International to Tokyo Narita, according to Patrick Quayle, United’s senior vice president of global network planning and alliances. In an interview, he told The Airline Observer the company has assets in the western Pacific and would benefit from more diverse utilisation. [...]

By | June 25th, 2024|Financial|0 Comments

US's Silver Air secures additional Global Express

Silver Air (United States of America) (SIS, Fresno Yosemite) has acquired the management rights of a Bombardier Business Aircraft Global Express formerly managed by Jet Edge (EDG, Van Nuys), with ch-aviation research revealing that N228SS (msn 9124) went across to Silver Air in early May 2024. The aircraft's exit from VistaJet Group Holding-owned Jet Edge [...]

By | June 25th, 2024|Financial|0 Comments

Nigeria's Flybird Aircraft Management secures AOC

Flybird Aircraft Management Services Limited obtained its Air Operator's Certificate (AOC) from the Nigerian Civil Aviation Authority (NCAA) on June 10, 2024. The Abuja-based aircraft management and trading company has not disclosed any further details regarding its commercial plans. It did not respond to ch-aviation's request for comment. Earlier this year, local business magazine Leadership [...]

By | June 25th, 2024|Financial|0 Comments

Türkiye's Bikini Jet acquires AOC for new brand

Bikini Jet (Istanbul Sabiha Gökcen) has set up a new brand, BKNJET, using the Air Operator's Certificate of TAV Air (Istanbul Atatürk). "Bikini Jet has successfully registered its new brand BKNJET on the TAV Air AOC with Turkish CAA approval number 50," Managing Director Orkun Cetinkaya said. Turkish civil aviation authority (Sivil Havacılık Genel Müdürlüğü [...]

By | June 25th, 2024|Financial|0 Comments

Norway’s Norse Atlantic fails to reach strategic partnership

Norse Atlantic Airways (N0, Oslo Gardermoen) says talks with a potential strategic investor have failed but that it is continuing to look for a new partner, a press release issued by the company said. The airline, which has both a Norwegian Air Operator's Certificate (AOC) and an AOC from the United Kingdom as Norse Atlantic [...]

By | June 25th, 2024|Financial|0 Comments