LAM Mozambique taps global expertise for rescue

Dane Kondić, the Australian-born former CEO of euroAtlantic Airways and Air Serbia, has been appointed to lead the rescue of LAM - Linhas Aéreas de Moçambique (TM, Maputo) in the third management change at the struggling state-owned airline in ten months. This follows the Mozambican government's appointment of international consultancy Knighthood Global, led by former [...]

By | May 14th, 2025|Financial|0 Comments

Canada’s Sunwing to merge into WestJet in mid-2Q25

This article is only available with a subscription for Commercial Aviation News, Operator & Airport Data. Source: ch aviation Read more: Canada’s Sunwing to merge into WestJet in mid-2Q25

By | May 14th, 2025|Financial|0 Comments

US's Tavaero Jet Charter to continue fleet renewal

Tavaero Jet Charter (Houston Hobby) will continue to renew its fleet throughout 2025, co-owner Marcela White told ch-aviation in an exclusive interview. After adding a two-year-old Citation Jet 3+ in 2024, the company has now inducted a 2010-built Hawker 750 and plans to replace a 31.5-year-old BAe-125-800A with a 2005-built Hawker 800XPi. "We’ve really noticed [...]

By | May 14th, 2025|Financial|0 Comments

US FAA wants to limit hourly aircraft movements at Newark

The Federal Aviation Administration - FAA will hold a meeting on May 14, 2025, about potential flight limitations at New York Newark, and has issued an open invitation to airlines to attend. The FAA says the limitations would help reduce overscheduling and flight delays during peak hours. The agency says the airport continues to experience [...]

By | May 14th, 2025|Financial|0 Comments

United States exempts UK aerospace sector from tariffs

United States Commerce Secretary Howard Lutnick says Rolls-Royce will be able to sell its engines to Boeing tariff-free, as will other United Kingdom-based aircraft parts manufacturers. The UK "sells Rolls-Royce engines to Boeing," Lutnick said during a May 8 televised media briefing from the Oval Office. "We've agreed to let Rolls-Royce engines and those kind [...]

By | May 14th, 2025|Financial|0 Comments

UK's Skybus mulls Twin Otter fleet consolidation, growth

This article is only available with a subscription for Commercial Aviation News, Operator & Airport Data. Source: ch aviation Read more: UK's Skybus mulls Twin Otter fleet consolidation, growth

By | May 14th, 2025|Financial|0 Comments

Gov't to convert loan into 6.37% stake in Norwegian

Norway's Ministry of Trade, Industry and Fisheries will convert 50% of its loan to Norwegian Group, the parent of Norwegian Air Shuttle AOC and Norwegian Air Sweden AOC, into equity, acquiring a 6.37% stake in the company. According to an Oslo stock market filing, 65,582,436 newly issued shares will be delivered no later than May [...]

By | May 14th, 2025|Financial|0 Comments

ITA Airways mulls new long-haul routes, seeks profit in 2027

ITA Airways (AZ, Rome Fiumicino) is considering adding new long-haul routes as it plans to achieve profitability in 2027, chief executive officer Joerg Eberhart said in the interview with the Corriere della Sera daily. The airline is evaluating five new long-haul routes, mainly to North America. ITA is also keen on starting new services to [...]

By | May 14th, 2025|Financial|0 Comments

Sweden’s Västflyg expands Stockholm Bromma ops

Virtual carrier Västflyg (Trollhättan) aims to launch the route Stockholm Bromma-Visby before the summer, the company said in a press release, adding that it is looking into around 50 weekly departures. Earlier, it announced a June start to Bromma-Växjö flights, with 24 weekly departures. The announcement comes just months after Västflyg vowed to continue operating [...]

By | May 14th, 2025|Financial|0 Comments

Air France-KLM ready for ‘aggressive’ reply over tariffs

If parts suppliers increase prices rapidly, Air France-KLM will respond “aggressively”, group CFO Steven Zatt said during an investor call following the company’s latest financial results. Commenting on the worldwide tariffs announced by United States President Donald Trump, Zatt noted that it is still too early to tell but opined that the US, as an [...]

By | May 14th, 2025|Financial|0 Comments