SpiceJet to appeal High Court engine lease decision

SpiceJet (SG, Delhi International) will appeal a Delhi High Court decision this week that upheld an earlier ruling ordering the return of three aircraft engines to lessors Team France 01 SAS and Sunbird France 02 SAS. ch-aviation understands the low-cost carrier will now take the matter to India's Supreme Court. As previously reported in ch-aviation, [...]

By | September 13th, 2024|Financial|0 Comments

Near-term IPO off the table says Philippines AirAsia CEO

The CEO of Philippines AirAsia (Z2, Manila Ninoy Aquino International) told journalists at an aviation forum this week that any IPO will not happen for several years. "We have a plan to go public, [...] it’s in the roadmap, but not immediate, not in the next two to four years," Ricardo Isla said, adding that [...]

By | September 13th, 2024|Financial|0 Comments

Funding line-up changes in Asiana cargo purchase

Source: ch aviation Read more: Funding line-up changes in Asiana cargo purchase

By | September 13th, 2024|Financial|0 Comments

Air Calédonie to start int'l ATR72 ops to Vanuatu

Air Calédonie (TY, Nouméa Magenta) will begin international flights on October 3, 2024, when it starts twice-weekly roundtrips between Nouméa La Tontouta and Port Vila using an ATR72-600. The flights will operate under codeshare arrangements with Aircalin (SB, Nouméa La Tontouta), deepening the relationship between the two struggling state-owned carriers. “We have been working on [...]

By | September 13th, 2024|Financial|0 Comments

Australia's Rex had aircraft for sale before administration

Despite having to suspend flights and reduce frequencies due to a lack of operating Saab 340s, Rex - Regional Express (ZL, Wagga Wagga) put four of the in-operation aircraft on the market before filing for administration in July, according to Australian Aviation. Rex administrators Ernst & Young have confirmed to ch-aviation that they have no [...]

By | September 12th, 2024|Financial|0 Comments

Cargolux eyes B777-8Fs from 4Q27; to keep B747s until 2040s

Source: ch aviation Read more: Cargolux eyes B777-8Fs from 4Q27; to keep B747s until 2040s

By | September 12th, 2024|Financial|0 Comments

Lufthansa eyes airBaltic stake – report

Lufthansa Group is reportedly evaluating buying a stake in airBaltic (BT, Riga) as a part of the latter's planned privatisation, Bloomberg has written, citing what it called informed but anonymous sources. The discussions are at an early stage and no decisions have been made just yet. Both carriers refused to comment on the report. The [...]

By | September 12th, 2024|Financial|0 Comments

Germany, France, UK to terminate Iran bilaterals

Germany, France, and the United Kingdom - the so-called E3 countries - have announced coordinated sanctions against Iran over its alleged supply of ballistic missiles to Russia. The actions will include the termination of bilateral air service agreements, albeit deferred for 12 months, and potential sanctions against majority state-owned IranAir (IR, Tehran Mehrabad). "The E3 [...]

By | September 12th, 2024|Financial|0 Comments

Poland's LOT adds wet-leased B777 capacity

Source: ch aviation Read more: Poland's LOT adds wet-leased B777 capacity

By | September 12th, 2024|Financial|0 Comments

Lithuania okays Cypriot investor control of Heston Airlines

Source: ch aviation Read more: Lithuania okays Cypriot investor control of Heston Airlines

By | September 12th, 2024|Financial|0 Comments