Mali's parliament approves launch of new flag carrier
Source: ch aviation Read more: Mali's parliament approves launch of new flag carrier
Spirit Airlines to focus on Fort Lauderdale, adjust network
Spirit Airlines (NK, Fort Lauderdale International) has said that a proposed restructuring plan under its prearranged Chapter 11 process will lead to significant changes in its network, with capacity redeployed mainly out of Fort Lauderdale International and other core markets. The cash-strapped budget carrier said that its new strategy will focus on "top value seeker [...]
US's Let's Jett adds first Challenger 300
Let's Jett has expanded its Part 135-certified fleet with the addition of a first Challenger 300, according to ch-aviation research. This was the last Bombardier Business Aircraft under the certificate of Journey Aviation (JNY, Boca Raton). Added to Let's Jett's fleet in October 2024, N41DP (msn 20010) is a 20.4-year-old aircraft that had been operated [...]
US's Priester Aviation eyes takeovers among family firms
Priester Aviation (PWA, Chicago Executive) is on the lookout for potential acquisitions of more family-owned aircraft management and charter companies, its chairman Andy Priester told ch-aviation in an exclusive interview during the NBAA-BACE conference in Las Vegas. The company emphasises strong relationships with its customers and prioritises this factor in its growth strategy. "I believe [...]
US's STAjets adds first Legacy 600 to Part 135 fleet
STAjets (KFB, Santa Ana, CA) has expanded its Part 135-certified fleet with the addition of its first Legacy 600, as shown by ch-aviation research. The aircraft is now listed as available for charter on the company’s website. Capable of accommodating up to 14 passengers, N909TT (msn 14501044) was added to STAjets’ certificate in October. The [...]
US's Cirrus Aviation Services cuts three types from Part 135
Cirrus Aviation Services (Las Vegas Harry Reid) has retired three distinct aircraft types from its Part 135-certified fleet, namely its sole Citation Jet 3, Challenger 605, and HondaJet aircraft, ch-aviation research shows. Citation Jet 3 N613KJ (msn 525B-0234) was removed from Cirrus Aviation Services' certificate in October and is currently not listed as a US [...]
Spirit files for Chapter 11 with bondholders' support
Spirit Airlines (NK, Fort Lauderdale International) has filed for voluntary prearranged Chapter 11 restructuring with the support of a supermajority of its bondholders. The low-cost carrier already received "backstopped" commitments for a USD350 million equity investment from bondholders and a further USD300 million in debtor-in-possession (DIP) financing. "We have reached an agreement with a supermajority [...]
US's Thrive Aviation adds Challenger 605, retires Phenom 100
Thrive Aviation (TIV, Las Vegas Henderson) has added its first Challenger 605 to its Part 135-certified fleet and retired its sole Phenom 100, both in October 2024, according to ch-aviation research. The Bombardier Business Aircraft, N702LV (msn 5875), accomodates up to 12 passengers and began operating under the ‘TIV’ code on November 13 with a [...]
US's Surf Air Mobility secures USD50 million loan
Surf Air Mobility, the parent company of Surf Air, Mokulele Airlines, and Southern Airways Express, has secured financing in the form of a USD50 million loan from investment firm Comvest Partners as it works towards further restructuring and addressing its "near-term liquidity constraints". The loan comprises USD44.5 million in fully funded term loans and USD5.5 [...]
Southwest Airlines reduces expected MAX deliveries in 2025
Southwest Airlines (WN, Dallas Love Field) anticipates that Boeing's delivery delays will extend into 2025, resulting in fewer new aircraft than previously expected, according to CEO Bob Jordan. “It’s too early to tell, but I wouldn’t be surprised if our deliveries from Boeing in ‘25 are lower than we originally thought,” he said in an [...]