US exempts Syrianair from sanctions

The United States Office of Foreign Assets Control (OFAC) has exempted Syrianair (RB, Damascus) and 27 other entities and individuals from sanctions, authorising all transactions with those companies and persons, as well as all companies in which they hold majority stakes. The general licence issued on May 23, 2025, confirms an earlier announcement by US [...]

By | May 28th, 2025|Financial|0 Comments

Former investor in India's SpiceJet loses $155mn appeal

SpiceJet (SG, Delhi International) has secured a legal victory after the Delhi High Court dismissed an appeal by former backer Kalanithi Maran and his investment vehicle KAL Airways, in which he sought damages of INR13.23 billion rupees (USD155 million). Court records show the matter was disposed of on May 23. The dispute stems back to [...]

By | May 28th, 2025|Financial|0 Comments

Dutch report key in Surinam Airways fraud probe

This article is only available with a subscription for Commercial Aviation News, Operator & Airport Data. Source: ch aviation Read more: Dutch report key in Surinam Airways fraud probe

By | May 27th, 2025|Financial|0 Comments

Boeing settles with US DOJ over B737 MAX crashes

The United States Department of Justice (DOJ) will not prosecute Boeing over the crashes of two B737 MAX aircraft. The DOJ filed a status report on May 23, 2025, confirming that it had reached an in-principle non-prosecution agreement with the manufacturer that will allow it to dodge a criminal conviction. "It is the government’s judgment [...]

By | May 27th, 2025|Financial|0 Comments

FTC Aviation to restart San Marino AOC by 4Q25

FTC Aviation (FTC, Rimini) is set to unsuspend its Sammarinese AOC by the end of the year, most likely in September or October, as it plans its recovery from the impact of sanctions against Russia, chief executive Aleksandar Simić told ch-aviation in an exclusive interview. “We remain the holder of the San Marino AOC, which [...]

By | May 27th, 2025|Financial|0 Comments

Switzerland's L'Odyssey drops plans for Nîmes, Tours ops

This article is only available with a subscription for Commercial Aviation News, Operator & Airport Data. Source: ch aviation Read more: Switzerland's L'Odyssey drops plans for Nîmes, Tours ops

By | May 27th, 2025|Financial|0 Comments

Air Mauritius targets profitability by 2026-27

Air Mauritius (MK, Mauritius) expects to return to profitability by 2026-27 with full recovery projected for 2027, according to its chairman, Kremchand "Kishore" Beegoo. Interviewed on Mauritius' Radio Plus, on the programme "Au cœur de l'info", he said he was "99.9% sure" the airline would break even next year and turn a profit the year [...]

By | May 27th, 2025|Financial|0 Comments

Iran Aseman Airlines to restructure, add aircraft – owner

This article is only available with a subscription for Commercial Aviation News, Operator & Airport Data. Source: ch aviation Read more: Iran Aseman Airlines to restructure, add aircraft - owner

By | May 27th, 2025|Financial|0 Comments

More aircraft, M&A activity on radar for Korea's Air Premia

This article is only available with a subscription for Commercial Aviation News, Operator & Airport Data. Source: ch aviation Read more: More aircraft, M&A activity on radar for Korea's Air Premia

By | May 27th, 2025|Financial|0 Comments

Thailand's Nok Air to lease two B737-800s in mid-4Q25

This article is only available with a subscription for Commercial Aviation News, Operator & Airport Data. Source: ch aviation Read more: Thailand's Nok Air to lease two B737-800s in mid-4Q25

By | May 27th, 2025|Financial|0 Comments