Switerland's inX.aero consolidates with Slovenia's Alpavia

Swiss business aviation firm inX.aero will take over the management and running of the aircraft of Slovenia's Alpavia (AL, Ljubljana). Jetcom, which until now managed the fleet, will continue to be a part of the joint venture with support services. "This change will allow inX.aero to manage the aircraft directly in partnership with Alpavia, improving [...]

By | September 26th, 2024|Financial|0 Comments

Lithuania's Avion Express resumes A319 ops

Source: ch aviation Read more: Lithuania's Avion Express resumes A319 ops

By | September 26th, 2024|Financial|0 Comments

Court to hear Ellinair bankruptcy amid $827k Russian ruling

Source: ch aviation Read more: Court to hear Ellinair bankruptcy amid 7k Russian ruling

By | September 26th, 2024|Financial|0 Comments

Wizz Air drops Saudi subsidiary plans

Wizz Air Holdings plans to develop Saudi Arabia as an "inbound market" rather than set up a joint venture with a local AOC, as previously floated, Chief Executive József Váradi has told Reuters. The low-cost carrier recently announced London Gatwick-Jeddah International as the first route to be operated by Wizz Air UK (W9, London Luton) [...]

By | September 26th, 2024|Financial|0 Comments

Ottawa may hand seized Russian An-124 to Ukraine

Ukrainian aircraft manufacturer Antonov Design Bureau expects a Volga-Dnepr Airlines (VI, Ulyanovsk Vostochny) An-124, seized by Canadian authorities last year, to be handed over to Ukraine once legal proceedings conclude. RA-82078 (msn 9773054559153) was stranded at Toronto Pearson in February 2022 when Canada closed its skies to Russian aircraft following that country's invasion of Ukraine. [...]

By | September 26th, 2024|Financial|0 Comments

Turkish Airlines says it has no interest in Pakistan's PIA

Turkish Airlines (TK, Istanbul Airport) has firmly refuted claims by Pakistan's minister of state for finance that it is looking to acquire a stake in PIA - Pakistan International Airlines (PK, Islamabad International). The minister, Ali Pervaiz Malik, told a local news outlet on September 24 that "a Turkish airline" had shown interest in buying [...]

By | September 26th, 2024|Financial|0 Comments

Maldives' BeOnd eyes second AOC, new markets

BeOnd (B4, Malé) may pursue a second air operator's certificate to tackle new markets as part of a growth strategy, CEO Tero Taskila told the Runway Girl Network portal. He says the carrier has restarted talks with various airports, including in the Caribbean. "We are rekindling those discussions that we had pre-Covid with other markets [...]

By | September 26th, 2024|Financial|0 Comments

India's SpiceJet settles with Engine Lease Finance Corp

SpiceJet (SG, Delhi International) has settled its USD16.7 million lease dispute with Engine Lease Finance Corporation (ELFC) according to a September 24 Bombay Stock Exchange filing. The low-cost carrier says it "amicably" settled the matter for an undisclosed amount that is lower than the claimed amount. The lessor was pursuing SpiceJet in the National Company [...]

By | September 26th, 2024|Financial|0 Comments

French Polynesia's Air Moana in strife, gov't funds on table

Source: ch aviation Read more: French Polynesia's Air Moana in strife, gov't funds on table

By | September 25th, 2024|Financial|0 Comments

Buenos Aires throws open Argentine market to foreign players

Argentine President Javier Milei has authorised foreign crews and aircraft to operate in the country having signed Decree No. 844/2024 on September 23, 2024, which deregulates domestic flights in Argentina and allows foreign carriers to operate domestic flights without registering aircraft or using local staff. The decree's executive summary says the changes involve "comprehensively reorganising [...]

By | September 25th, 2024|Financial|0 Comments