Cyprus Airways resumes A220 growth

Cyprus Airways (CY, Larnaca) has taken delivery of its third A220-300, resuming this subfleet growth despite earlier concerns about the Pratt & Whitney PW1500G engines. Lessor Azorra Aviation said it had redelivered one of its twelve A220-300s acquired from EgyptAir earlier this year to the Cypriot carrier. SU-GEY (msn 55059) was ferried from Cairo International [...]

By | September 5th, 2024|Financial|0 Comments

Pakistani gov't settles on selling a 75% stake in PIA

The Pakistani government will sell a 75% stake in PIA - Pakistan International Airlines (PK, Islamabad International) with the successful buyer having to invest at least USD500 million over three years to recapitalise and revitalise the carrier, according to an August 29 briefing to the Senate Standing Committee on Privatisation. The secretary of the committee, [...]

By | September 5th, 2024|Financial|0 Comments

Maldives' BeOnd takes first A321

BeOnd (B4, Malé) has taken delivery of its first A321-200 to support its network expansion and increase its operational readiness. 8Q-FBB (msn 1711) was ferried from Hyderabad International to Malé on September 3, 2024, and operated via Kuwait to Oslo Gardermoen the next day. The 22.5-year-old aircraft formerly operated by Fly2Sky underwent total cabin refurbishment [...]

By | September 5th, 2024|Financial|0 Comments

India's Adanis, Ambanis take B737 MAX BBJs

Indian industrial conglomerates Adani Group and the Ambani family's Reliance Industries have both taken delivery of B737 MAX business jets for their own corporate needs, ch-aviation research has revealed. Reliance Industries took its first B737-9(BBJ) T7-LOTUS (msn 65334) on August 27, 2024. The aircraft was ferried from Basel/Mulhouse/Freiburg, CH to Delhi International after extensive cabin [...]

By | September 5th, 2024|Financial|0 Comments

India's DGCA issues Akasa Air with a show cause notice

India's Directorate General of Civil Aviation (DGCA) has issued a show cause notice to Akasa Air (QP, Mumbai International) after a surprise audit in May uncovered several regulatory lapses. The audit found Akasa had operated flights without a route guide and conducted training sessions without the necessary regulatory approvals, breaching Civil Aviation Regulations 7/I/VII and [...]

By | September 5th, 2024|Financial|0 Comments

China’s Hainan Airlines Holding announces new A320neo leases

Hainan Airlines Holding (HAH) and Avolon have announced an agreement for the operating lease of five A320-200N aircraft, to be delivered before the end of 2025, according to a Shenzhen Stock Exchange filing. According to the August 31 disclosure, the group will operate the five A320neo for a 12-year lease period, with a total lease [...]

By | September 5th, 2024|Financial|0 Comments

Cathay Pacific inspects A350 engines after fuel nozzle issue

Cathay Pacific (CX, Hong Kong International) says it has identified 15 affected aircraft out of its 48-strong A350 fleet after an engine part failure in a Rolls-Royce Trent XWB-97 engine powering an A350-1000 flight to Zurich earlier this week, causing it to return to Hong Kong and the carrier to ground its entire A350 fleet. [...]

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

Brazil’s Azul nears deal with lessors, denies Chapter 11

Azul Linhas Aéreas Brasileiras (AD, São Paulo Viracopos) is not considering filing for Chapter 11 bankruptcy protection in the United States and is instead now negotiating with lessors to pay USD600 million for shares to settle its debt over the next three years, the company’s chief executive, John Rodgerson, told the newspaper Folha de S.Paulo [...]

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

Air Sénégal, lessor to face off in court in Dakar – report

Source: ch aviation Read more: Air Sénégal, lessor to face off in court in Dakar - report

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

Nigeria's Ibom Air adds CRJ900s to fill capacity gap

Source: ch aviation Read more: Nigeria's Ibom Air adds CRJ900s to fill capacity gap

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