Airlines applaud Sweden's move to abolish air ticket tax

The International Air Transport Association (IATA) has welcomed the Swedish government's decision to scrap the country's air ticket tax effective July 1, 2025, saying it was detrimental to Sweden's economic competitiveness without providing any environmental benefits. The tax was introduced in 2018 and ranged from SEK76 kronor (USD7.49) to SEK504 (USD49.72) per ticket, depending on [...]

By | September 19th, 2024|Financial|0 Comments

airBaltic CEO mulls London for dual-listing IPO

The CEO of airBaltic (BT, Riga) has told a London newspaper that he is considering a secondary listing in the United Kingdom alongside a primary listing on the Nasdaq Riga exchange. The state-owned carrier is looking to raise around EUR300 million euros (USD334 million) from the IPO, which is slated to occur later this year [...]

By | September 19th, 2024|Financial|0 Comments

Yemenia fined $248,000 for 2009 Comoros crash

The French Appeals Court in Paris has fined Yemenia (IY, Aden) EUR225,000 euros (USD248,000) after it upheld an involuntary homicide and injuries verdict against the airline regarding a 2009 crash off Comoros Island that killed 152 people, the news agency Agence France Presse (AFP) reported. The fine handed down on September 14 was the highest [...]

By | September 19th, 2024|Financial|0 Comments

Egypt’s Sky Vision Airlines adds first A321-200(P2F)

Source: ch aviation Read more: Egypt’s Sky Vision Airlines adds first A321-200(P2F)

By | September 19th, 2024|Financial|0 Comments

China's Meiya Air resumes flight ops, eyes Twin Otters

Source: ch aviation Read more: China's Meiya Air resumes flight ops, eyes Twin Otters

By | September 19th, 2024|Financial|0 Comments

Administrator of Thai Airways wants to amend rehab plan

Source: ch aviation Read more: Administrator of Thai Airways wants to amend rehab plan

By | September 18th, 2024|Financial|0 Comments

Japan's Toki Air ordered to return subsidies – report

Source: ch aviation Read more: Japan's Toki Air ordered to return subsidies - report

By | September 18th, 2024|Financial|0 Comments

Air India schedules B787-9 debut for mid-4Q24

Source: ch aviation Read more: Air India schedules B787-9 debut for mid-4Q24

By | September 18th, 2024|Financial|0 Comments

Houthis restoke conflict over control of Yemenia

Source: ch aviation Read more: Houthis restoke conflict over control of Yemenia

By | September 18th, 2024|Financial|0 Comments

Renewed push for licences from Pakistani start-ups

At least three potential start-ups and one resuming carrier have again approached the Pakistan Civil Aviation Authority (PCAA) for the necessary certificates and permits to commence operations, according to a report in the Pakistan Observer newspaper. Q Airways, GoGreen Airways, and Jet Green Airlines have all reportedly recommenced talks with the PCAA about the licensing [...]

By | September 18th, 2024|Financial|0 Comments