US's Let's Jett adds first Challenger 300

Let's Jett has expanded its Part 135-certified fleet with the addition of a first Challenger 300, according to ch-aviation research. This was the last Bombardier Business Aircraft under the certificate of Journey Aviation (JNY, Boca Raton). Added to Let's Jett's fleet in October 2024, N41DP (msn 20010) is a 20.4-year-old aircraft that had been operated [...]

By | November 18th, 2024|Financial|0 Comments

US's Priester Aviation eyes takeovers among family firms

Priester Aviation (PWA, Chicago Executive) is on the lookout for potential acquisitions of more family-owned aircraft management and charter companies, its chairman Andy Priester told ch-aviation in an exclusive interview during the NBAA-BACE conference in Las Vegas. The company emphasises strong relationships with its customers and prioritises this factor in its growth strategy. "I believe [...]

By | November 18th, 2024|Financial|0 Comments

US's STAjets adds first Legacy 600 to Part 135 fleet

STAjets (KFB, Santa Ana, CA) has expanded its Part 135-certified fleet with the addition of its first Legacy 600, as shown by ch-aviation research. The aircraft is now listed as available for charter on the company’s website. Capable of accommodating up to 14 passengers, N909TT (msn 14501044) was added to STAjets’ certificate in October. The [...]

By | November 18th, 2024|Financial|0 Comments

US's Cirrus Aviation Services cuts three types from Part 135

Cirrus Aviation Services (Las Vegas Harry Reid) has retired three distinct aircraft types from its Part 135-certified fleet, namely its sole Citation Jet 3, Challenger 605, and HondaJet aircraft, ch-aviation research shows. Citation Jet 3 N613KJ (msn 525B-0234) was removed from Cirrus Aviation Services' certificate in October and is currently not listed as a US [...]

By | November 18th, 2024|Financial|0 Comments

Spirit files for Chapter 11 with bondholders' support

Spirit Airlines (NK, Fort Lauderdale International) has filed for voluntary prearranged Chapter 11 restructuring with the support of a supermajority of its bondholders. The low-cost carrier already received "backstopped" commitments for a USD350 million equity investment from bondholders and a further USD300 million in debtor-in-possession (DIP) financing. "We have reached an agreement with a supermajority [...]

By | November 18th, 2024|Financial|0 Comments

US's Thrive Aviation adds Challenger 605, retires Phenom 100

Thrive Aviation (TIV, Las Vegas Henderson) has added its first Challenger 605 to its Part 135-certified fleet and retired its sole Phenom 100, both in October 2024, according to ch-aviation research. The Bombardier Business Aircraft, N702LV (msn 5875), accomodates up to 12 passengers and began operating under the ‘TIV’ code on November 13 with a [...]

By | November 18th, 2024|Financial|0 Comments

US's Surf Air Mobility secures USD50 million loan

Surf Air Mobility, the parent company of Surf Air, Mokulele Airlines, and Southern Airways Express, has secured financing in the form of a USD50 million loan from investment firm Comvest Partners as it works towards further restructuring and addressing its "near-term liquidity constraints". The loan comprises USD44.5 million in fully funded term loans and USD5.5 [...]

By | November 18th, 2024|Financial|0 Comments

Southwest Airlines reduces expected MAX deliveries in 2025

Southwest Airlines (WN, Dallas Love Field) anticipates that Boeing's delivery delays will extend into 2025, resulting in fewer new aircraft than previously expected, according to CEO Bob Jordan. “It’s too early to tell, but I wouldn’t be surprised if our deliveries from Boeing in ‘25 are lower than we originally thought,” he said in an [...]

By | November 18th, 2024|Financial|0 Comments

Titan Aviation resumes US commercial ops with Learjet 55

Onyx Air LLC, doing business as Titan Aviation, has resumed commercial flight operations in the United States, by adding a first Learjet 55 under its Part 135 certificate, after an eight-month hiatus without any active certified aircraft, ch-aviation research has revealed. N117LR (msn 55-075) was added to Onyx Air's certificate in October 2024, with ADS-B [...]

By | November 18th, 2024|Financial|0 Comments

US's Trans-Exec focuses on owned G550 fleet

Trans-Exec (Santa Monica) will remain committed to its current business model of operating owned long-range Gulfstream Aerospace jets and is currently transitioning from its remaining GIVs and expanding the fleet of G550s, founder and chief executive David Bilson told ch-aviation in an exclusive interview during NBAA-BACE in Las Vegas. "I don't ever want to have [...]

By | November 18th, 2024|Financial|0 Comments