Egypt's Air Master certifies, launches
Source: ch aviation Read more: Egypt's Air Master certifies, launches
US's Surf Air changes name to Surf Anywhere
Surf Air (URF, Santa Monica) will change its corporate name to Surf Anywhere, Inc., and no longer use the "Surf Air" name to identify itself as an indirect air carrier or as an agent, according to a United States Department of Transportation (DOT) filing. In the trade name registration notice on May 6, DOT Office [...]
US’s Southwest mulls cuts to pilot hours, pay
Southwest Airlines (WN, Dallas Love Field) is currently working with the Southwest Airlines Pilots Association (SWAPA) on ways to address possible adjustments to monthly working hours and payments and “any changes necessary as the schedule for aircraft deliveries fluctuates.” Reuters news agency reported that the US carrier was planning to offer its pilots reduced hours [...]
Hawaiian to join Oneworld after merger with Alaska – CEO
Hawaiian Airlines (HA, Honolulu) plans to join Oneworld in time, pending United States Department of Justice approval of its USD1.9 billion merger with Alaska Airlines (AS, Seattle Tacoma International), a member of that alliance, said CEO Peter Ingram. Hawaiian does not belong to any major airline alliance but has individual commercial partnership agreements with several [...]
Alaska, Hawaiian Airlines merger deadline set for mid-3Q24
The United States Department of Justice has until August 5 to decide on the proposed merger between Alaska Airlines (AS, Seattle Tacoma International) and Hawaiian Airlines (HA, Honolulu), after the airlines complied with a second request to submit additional information and documents, triggering a 90-day waiting period for the finalisation of the transaction. The merger [...]
Spirit AeroSystems to keep lower B737 output rate until YE24
Spirit AeroSystems, a key supplier to Boeing and the only manufacturer of B737 MAX fuselages, has said it is currently producing the fuselages at a rate well below Boeing's planned production rate of 38 per month, with no plans for an increase any time soon. "During late 2023, the company prepared for expected increases in [...]
EU court overturns EC's nod to Condor's €321m state aid
The European Union General Court has overturned a European Commission decision to approve EUR321 million euros (USD344 million) in restructuring aid for German carrier Condor (DE, Frankfurt International). Irish budget carrier Ryanair (FR, Dublin International) had contested the EC's July 2021 decision to approve the state aid to Condor without initiating a formal investigation procedure. [...]
Latvia's airBaltic raises €840mn in bond issuance
airBaltic (BT, Riga) has said it expects to bolster its liquidity and financial stability, facilitating investments in fleet expansion and modernisation, after pulling in EUR840 million euros (USD901 million) worth of orders for an issue of a steep 14.5%-yield junk bond priced at EUR340 million euros (USD364.7 million). The issue of the five-years-and-three-months senior secured [...]
Denmark's JoinJet takes delivery of first Global 5500
Danish business jet charter operator JoinJet (JNJ, Billund) has added a brand new Bombardier Global 5500 to its fleet, with OY-VVO (msn 60119) ferrying from Montréal Trudeau to Billund on April 12, 2024. In addition to the Bombardier Business Aircraft, JoinJet's website indicates it operates a Challenger 650, three Hawker 4000s, two Hawker 800s, and [...]
Liquidator says Air Vanuatu will resume operations
Ernst & Young (EY) have confirmed they took control of Air Vanuatu (NF, Port Vila) on May 9, saying they will conduct fleet safety and maintenance checks before the resumption of normal operations. The state-owned airline has suspended flights until at least May 12 and replaced the board. The government called in the liquidators after [...]