Air Belgium creditors to vote on restructuring plan

Creditors of Air Belgium (KF, Brussels Charleroi) have been asked to vote on the airline's reorganisation plan on September 4 or submit their proxy voting forms by August 30 as part of the current court-led reorganisation procedure (procédure de réorganisation judiciaire - PRJ) to restructure its debts and avoid insolvency. Belgian news site Aviation24 reports [...]

By | August 29th, 2024|Financial|0 Comments

Guernsey's Aurigny wet-leases ATR72-500

Aurigny Air Services (GR, Guernsey) has wet-leased an ATR72-500 from Swiftair (WT, Madrid Barajas) to compensate for the ongoing delays in the delivery of its fifth in-house, dry-leased ATR72-600. EC-KKQ (msn 763) was ferried from Madrid Barajas to Guernsey on August 27 and operated its first revenue flight to Nottingham East Midlands on the same [...]

By | August 29th, 2024|Financial|0 Comments

Poland's LOT objects to Boeing-DOJ MAX plea deal

Source: ch aviation Read more: Poland's LOT objects to Boeing-DOJ MAX plea deal

By | August 29th, 2024|Financial|0 Comments

Kinshasa guarantees $12mn loan for Congo Airways

Source: ch aviation Read more: Kinshasa guarantees mn loan for Congo Airways

By | August 29th, 2024|Financial|0 Comments

US sanctions Volga-Dnepr Group, Norilsk Avia

Source: ch aviation Read more: US sanctions Volga-Dnepr Group, Norilsk Avia

By | August 29th, 2024|Financial|0 Comments

SAS exits US Chapter 11, Swedish reorganisation

SAS Scandinavian Airlines (SK, Copenhagen Kastrup) has announced it has completed its restructuring proceedings and emerged from both Chapter 11 bankruptcy protection in the United States and Swedish company reorganisation with an improved capital structure following an exit financing transaction of USD1.2 billion from its new owner consortium. The company said in a statement on [...]

By | August 29th, 2024|Financial|0 Comments

Air China, China Southern add their first C919s

Source: ch aviation Read more: Air China, China Southern add their first C919s

By | August 29th, 2024|Financial|0 Comments

Ethiopian leases B737 MAX to bridge Boeing delivery delays

Ethiopian Airlines (ET, Addis Ababa International) has been forced to lease four B737 MAX aircraft this fiscal year to bridge a capacity gap created by delivery delays from Boeing of B737-8s initially expected in April 2024, according to CEO Mesfin Tasew Bekele. Speaking on Bloomberg TV on August 27, he said the leased planes would [...]

By | August 29th, 2024|Financial|0 Comments

Bourse sanctions ex-owner, directors of Hainan Airlines

Source: ch aviation Read more: Bourse sanctions ex-owner, directors of Hainan Airlines

By | August 29th, 2024|Financial|0 Comments

Air Vanuatu resumes domestic ops

Air Vanuatu (NF, Port Vila) is resuming limited domestic operations using its ATR72-600 and two DHC-6-300s almost four months after the state-owned airline suspended all flights and called in the liquidators. The ATR, YJ-AV73 (msn 1358), has recommenced flights between Port Vila and Tanna, while the two Twin Otters, YJ-RV10 (msn 679) and YJ-RV14 (msn [...]

By | August 29th, 2024|Financial|0 Comments