Australia's Pel-Air sold to Toll Holdings

An entity owned and controlled by Toll Holdings Limited will pay approximately AUD47.1 million dollars (USD31.3 million) to buy aeromedical and charter operator Pel-Air Aviation (PFY, Sydney Kingsford Smith). The sale, previously flagged by ch-aviation, was confirmed in an October 24, 2024, Australian Stock Exchange filing. Pel-Air is a sister carrier of Rex - Regional [...]

By | October 24th, 2024|Financial|0 Comments

Korea's Air Premia cuts capital raise plans

Source: ch aviation Read more: Korea's Air Premia cuts capital raise plans

By | October 24th, 2024|Financial|0 Comments

Australia's Nexus eyes more Q400s as business grows

Source: ch aviation Read more: Australia's Nexus eyes more Q400s as business grows

By | October 23rd, 2024|Financial|0 Comments

Argentina could lose FAA Category 1 status – government

Source: ch aviation Read more: Argentina could lose FAA Category 1 status - government

By | October 23rd, 2024|Financial|0 Comments

Brazil’s Azul agrees to partial debt negotiation with TAP

Source: ch aviation Read more: Brazil’s Azul agrees to partial debt negotiation with TAP

By | October 23rd, 2024|Financial|0 Comments

Surinam Airways cuts debt by $11mn amid restructuring effort

Source: ch aviation Read more: Surinam Airways cuts debt by mn amid restructuring effort

By | October 23rd, 2024|Financial|0 Comments

Frontier exploring new bid for Spirit Airlines – report

Frontier Airlines (F9, Denver International) is considering making a renewed bid for Spirit Airlines (NK, Fort Lauderdale International), according to the Wall Street Journal, which reports that new merger discussions are at an early stage and that a deal may not materialise. Citing "people familiar with the matter," the WSJ said that if a deal [...]

By | October 23rd, 2024|Financial|0 Comments

SKYhigh Dominicana begins B737-400(SF) ops

Source: ch aviation Read more: SKYhigh Dominicana begins B737-400(SF) ops

By | October 23rd, 2024|Financial|0 Comments

Norwegian investor Sundt AS continues share selloff

Source: ch aviation Read more: Norwegian investor Sundt AS continues share selloff

By | October 23rd, 2024|Financial|0 Comments

Angola's TAAG to debut Luanda Neto pax ops in 4Q24

Source: ch aviation Read more: Angola's TAAG to debut Luanda Neto pax ops in 4Q24

By | October 23rd, 2024|Financial|0 Comments