Korea's top court orders Eastar Jet pay ₩13.8bn to Jeju Air

Source: ch aviation Read more: Korea's top court orders Eastar Jet pay ₩13.8bn to Jeju Air

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

US’s ATSG acquired by Stonepeak

US-based Air Transport Services Group, owner of ABX Air, ATI - Air Transport International, and Omni Air International, has been acquired by American investment firm Stonepeak in an all-cash transaction valued at approximately USD3.1 billion. In a filing with the US Securities and Exchange Commission, ATSG disclosed that it will merge with Stonepeak Nile Parent [...]

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

US's Custom Jet Charters no longer listed as Part 135 holder

Custom Jet Charters (CJE, West Palm Beach International) is no longer listed as a Part 135 holder, according to official US Federal Aviation Administration (FAA) data. Previously, the operator had a total of three aircraft on its certificate - one Citation XLS+, one G200, and one G280. Citation XLS+ N963AD (msn 560-6299) has moved to [...]

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

Chile’s Sky Airline eyes 2H25 A321XLR debut, regional growth

Source: ch aviation Read more: Chile’s Sky Airline eyes 2H25 A321XLR debut, regional growth

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

US's Spirit to furlough 330 pilots amid cost-cutting

Spirit Airlines (NK, Fort Lauderdale International) plans to furlough about 330 pilots on January 31, 2025, a spokesman confirmed to ch-aviation, after the company announced workforce reductions starting early next year as it looks to cut USD80 million in annual costs as part of an ongoing strategy to return to profitability. "We are implementing a [...]

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

US's Advanced Air eyes midsize, large business jet growth

Advanced Air (AN, Hawthorne) is planning to transfer the recently acquired business jet fleet of Desert Jet (DJR, Palm Springs Jacqueline Cochran Regional) to its own Part 135 certificate within the next four months to expand in the mid-size segment. "All Desert Jet aircraft, hopefully, in the next 120 days will be moved over to [...]

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

US's Allegiant Air hopeful on MAX performance, axes MAX 7s

Source: ch aviation Read more: US's Allegiant Air hopeful on MAX performance, axes MAX 7s

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

Canada's ACASS to grow AOCs as tools for customers

ACASS Canada (Montréal Trudeau) is planning to leverage its certificates - in Canada, Ireland, and San Marino - as tools for its customers, focusing on their individual needs with no strategic preference for any of the three jurisdictions, Chief Executive and Co-Owner Andre Khury told ch-aviation in an exclusive interview during the NBAA-BACE in Las [...]

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

Azores to spin off SATA groundhandling; ACMI costs rise

Source: ch aviation Read more: Azores to spin off SATA groundhandling; ACMI costs rise

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

France's Jet Paris certifies, aims HondaJet crew development

Jet Paris has secured Air Operator Certificate (AOC) FR.AOC.0155 from the French civil aviation authority (Direction générale de l’aviation civile - DGAC) allowing it to commercially operate its fleet, which is composed exclusively of Honda Aircraft. "It took us two years to obtain this certificate due to the strict regulatory standards of the French authorities," [...]

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