India's tax office is cracking down on tax breaks offered to Irish aircraft lessors, according to The Economic Times. The newspaper says at least three lessors, which it does not name, have been denied tax benefits allowable under an existing treaty between the two countries. The Indian Revenue Service is relying on the Base Erosion [...]
The vice chairman of PANAF Group says his company is in discussions with the Vanuatu government about investment and collaboration opportunities in Air Vanuatu (NF, Port Vila). "We are in advanced talks with the government of Vanuatu on the prospects for Air Vanuatu," Roland Ehrsam told ch-aviation. The Vanuatu government paused all Air Vanuatu flights [...]
Skytrans (QN, Cairns) is expecting to receive its first A319-100 by the end of the year. The aircraft, to be entered into the Australian register as VH-L7A (msn 1779), is currently at the MAAS Aviation facility at Kaunas International for repainting. Skytrans CEO Alan Milne says the aircraft is expected to ferry to Australia in [...]
A New South Wales Supreme Court judge has denied an application by US MRO firm Jet Midwest to recover USD7.2 million from Rex - Regional Express (ZL, Wagga Wagga) after it alleged the carrier stole four Saab (Sweden) turboprops from Arizona's Kingman Airport in 2020. The matter is Jet Midwest, Inc. v Regional Express Holdings [...]
Source: ch aviation Read more: Chairman of CNMI's Star Marianas warns of Chinese influence
FlightWorks (FWK, Atlanta Cobb County) has retired the last of its two Challenger 350s from its Part 135 fleet, with the jet now operating under Fair Wind Air Charter's certificate, as revealed by ch-aviation research. N200JB (msn 20843) completed its final flight under FlightWorks' 'FWK' code on August 3, 2024, between Camarillo and Savannah International. [...]
FlyXcite will be the first tenant of a new fixed-base operator (FBO) facility at Hamilton, ON. Developed by BC Developments, a Canadian property developer whose president is also CEO of FlyXcite, the investment is estimated at around USD50 million. The facility will complement another FBO site for FlyXcite scheduled to open in London, ON in [...]
Source: ch aviation Read more: Bahamasair mulls A220, B737 MAX for renewal
Sky Quest (ERY, Cleveland Hopkins) has retired its sole Hawker 400XP from its Part 135-certified fleet, as revealed by ch-aviation research. US FAA data confirms that MTJ Aviation now owns the jet, although it is not currently listed on their certificate. N65SQ (msn RK-438) completed its final flight under Sky Quest's 'ERY' code on September [...]
Grupo Aeroméxico, the parent holding of Aeroméxico (AM, México City International), has priced USD500 million of senior secured notes due 2029 with a coupon of 8.25% and USD610 million of senior secured notes due 2031 with a coupon of 8.625%. The company says the proceeds will be used to redeem senior secured notes due in [...]