Italy's Sardinian Sky Service adds first Citation

Sardinian Sky Service (SSR, Cagliari) has inducted its first Cessna Citation Jet, I-CABD (msn 525-0354), which was reactivated on July 17, 2024, following almost a year of storage at Belgrade Nikola Tesla. ch-aviation research shows it then flew to Pula on July 19 and has been regularly active since then. The 24.8-year-old jet has been [...]

By | October 4th, 2024|Financial|0 Comments

US's Spirit Airlines considers Chapter 11 filing – report

Spirit Airlines (NK, Fort Lauderdale International) is exploring a potential Chapter 11 bankruptcy protection filing in the wake of a failed merger with JetBlue Airways (B6, New York JFK) and ongoing financial struggles, according to a report by the Wall Street Journal citing people familiar with the matter. According to the newspaper, the budget carrier [...]

By | October 4th, 2024|Financial|0 Comments

Air Serbia to exit A319 ops in 3 to 5 years, may add E2s

Source: ch aviation Read more: Air Serbia to exit A319 ops in 3 to 5 years, may add E2s

By | October 4th, 2024|Financial|0 Comments

KLM aims to keep $1bn fleet renewal amid austerity measures

KLM Royal Dutch Airlines (KL, Amsterdam Schiphol) hopes to maintain its USD1 billion fleet renewal "as much as possible" despite announcing new austerity measures that include deferring new investments. Announced on October 3, the measures aim to enhance the Dutch flag carrier's operational and financial performance, targeting a EUR450 million euro (USD497 million) short-term improvement [...]

By | October 4th, 2024|Financial|0 Comments

Romanian tour operator files TAROM insolvency bid

Source: ch aviation Read more: Romanian tour operator files TAROM insolvency bid

By | October 4th, 2024|Financial|0 Comments

AZAL Azerbaijan to dry-lease six A320/1neo from AerCap

AZAL Azerbaijan Airlines (J2, Baku Heydar Aliev International) signed a dry-lease contract with AerCap for an additional three A320neo and three A321neo, without specifying the variants, on October 2, 2024. According to the lessor's press release, the CFM International LEAP-powered aircraft will be drawn from AerCap's Airbus order book, with deliveries running from Spring 2026 [...]

By | October 4th, 2024|Financial|0 Comments

Vanuatu's Unity Airlines delays Aero Commander induction

Source: ch aviation Read more: Vanuatu's Unity Airlines delays Aero Commander induction

By | October 4th, 2024|Financial|0 Comments

Malaysia's Prima Air to be sold to logistics group Sin-Kung

Source: ch aviation Read more: Malaysia's Prima Air to be sold to logistics group Sin-Kung

By | October 4th, 2024|Financial|0 Comments

Australia's Sharp Airlines eyes Rex's King Island flights

The managing director of Sharp Airlines (SH, Hamilton, VI) says the scheduled Australian regional carrier is watching what happens with Rex - Regional Express (ZL, Wagga Wagga) and its flights to Bass Strait's King Island. Malcolm Sharp said his airline is in a "strategic hold" and, with its 14-year history of flying to nearby Flinders [...]

By | October 3rd, 2024|Financial|0 Comments

Portugal’s TAP pitches lowball debt settlement offer to Azul

Source: ch aviation Read more: Portugal’s TAP pitches lowball debt settlement offer to Azul

By | October 3rd, 2024|Financial|0 Comments