Air India sells four B747s – report

Aftermarket aircraft broker AerSale (United States of America) will purchase four Air India (AI, Delhi International) B747-400s, according to The Economic Times. The acquisition ends a long marketing campaign to sell the aircraft, which last operated revenue flights for the flag carrier in 2021. ch-aviation has learned that as recently as last week, only one [...]

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

Malaysia's Capital A mulls fundraise for aviation business

Capital A, owner of AirAsia Aviation Group (AAAGL) and AirAsia Bhd (AAB), has said it is "in the midst of exploring a potential fund-raising exercise by its aviation business". However, the evaluation is still in its preliminary stage, and the board of directors has not been presented with a firm proposal to deliberate on, the [...]

By | April 21st, 2024|Financial|0 Comments

ANA buyout no threat to NCA Nippon Cargo Airlines operations

Source: ch aviation Read more: ANA buyout no threat to NCA Nippon Cargo Airlines operations

By | April 21st, 2024|Financial|0 Comments

Indonesia's Rimbun Air eyes converted B737-900 types

Source: ch aviation Read more: Indonesia's Rimbun Air eyes converted B737-900 types

By | April 21st, 2024|Financial|0 Comments

Eagle Air Iceland faces difficulties – report

Source: ch aviation Read more: Eagle Air Iceland faces difficulties - report

By | April 19th, 2024|Financial|0 Comments

US's Polar Air Cargo transfers last B767Fs to parent

Source: ch aviation Read more: US's Polar Air Cargo transfers last B767Fs to parent

By | April 19th, 2024|Financial|0 Comments

Portugal’s euroAtlantic Airways secures €4mn funding

Source: ch aviation Read more: Portugal’s euroAtlantic Airways secures €4mn funding

By | April 19th, 2024|Financial|0 Comments

Switzerland's Nomad Aviation to add G650ER to charter fleet

Nomad Aviation (NA, Zurich) has announced that it will induct the first Gulfstream G650ER to its charter fleet. The 14-seat aircraft will be available for charter flights as of May 1, 2024. HB-JLO (msn 6521) is currently on the Air Operator's Certificate of Cat Aviation (CAZ, Zurich) but Nomad Aviation confirmed to ch-aviation that it [...]

By | April 19th, 2024|Financial|0 Comments

VistaJet founder offers his 86% stake to improve liquidity

The founder and chairman of VistaJet Group Holding Ltd., parent entity of VistaJet (Malta) (VJT, Malta International), has told other investors that his 86% stake can be used to increase the company's liquidity. In a letter to investors cited by Bloomberg News, Swiss businessman Thomas Flohr said his stake provides “an enormous equity cushion in [...]

By | April 19th, 2024|Financial|0 Comments

Russia's iFly agrees on A330 buy-backs but seeks funds

Source: ch aviation Read more: Russia's iFly agrees on A330 buy-backs but seeks funds

By | April 19th, 2024|Financial|0 Comments