Judge greenlights JetBlue Airways Florida tax lawsuit
Source: ch aviation Read more: Judge greenlights JetBlue Airways Florida tax lawsuit
AAR Corp settles US DOJ bribery investigation for $55mn+
Listed US aviation services business AAR Aircraft Sales & Leasing/AAR Corp has negotiated a USD55 million-plus settlement with the Department of Justice (DOJ) connected to activities in Nepal and South Africa in 2016-17 that potentially violated the US Foreign Corrupt Practices Act. A December 19 Securities and Exchange Commission (SEC) filing contained details of the [...]
US's Flexjet raises $550mn via unsecured notes
Flexjet (LXJ, Cleveland Cuyahoga Country) has raised USD550 million via a five-year senior unsecured notes issuance of OneSky Flight LLC, a wholly owned subsidiary. As reported by Private Jet Card Comparisons, the company will use the proceeds to refinance existing aircraft and real estate debt, pay a dividend to shareholders, and put cash on the [...]
Ireland orders Falcon 6X for gov't transport
The Irish Department of Defence has ordered a single Falcon 6X from Dassault Aviation as the new VIP aircraft. Delivery is scheduled for December 2025, and the aircraft will be in service before the Irish Presidency of the Council of the European Union in the second half of 2026. The government said that the aircraft [...]
Malawi's Flytech places DC-9 with Somaliland start-up
Source: ch aviation Read more: Malawi's Flytech places DC-9 with Somaliland start-up
Oslo court sides with Norwegian in EU ETS obligations case
The Norwegian Group did not have to fulfil its European Union Emissions Trading System (EU ETS) obligations for 2020 and Norway's government was wrong to fine the airline for not paying the climate quotas while undergoing restructuring during the pandemic, the Oslo District Court has ruled. In a stock exchange filing, the airline said that [...]
AeroItalia inducts ATRs taken over from dormant subsidiary
Source: ch aviation Read more: AeroItalia inducts ATRs taken over from dormant subsidiary
Latvia's Union Aviation begins Dassault ops with Falcon 8X
Union Aviation (UAG, Riga) commenced operations with Dassault Aviation aircraft, adding its first Falcon 8X, registered in the Isle of Man, for private operations. The 4.9-year-old jet, M-OUNT (msn 464), has been parked at Amsterdam Schiphol since November 28, 2023, following a flight from Cozumel. The aircraft was previously managed by another firm under the [...]
Nigeria's Azman Air denies Iran aircraft sale
Source: ch aviation Read more: Nigeria's Azman Air denies Iran aircraft sale
Türkiye's Swan Aviation adds first Gulfstream G200
Swan Aviation (Istanbul Atatürk) added its first G200, a San Marino-registered aircraft that will be privately operated by the company. T7-IST (msn 214) is a 16.2-year-old Gulfstream Aerospace jet. It was originally registered in the United States, where it served until March 2024, when it was reregistered in San Marino. The aircraft was previously privately [...]