Ethiopian owed $210k+ over botched Nigeria Air deal

Nigeria's Ministry of Aviation owes Ethiopian Airlines (ET, Addis Ababa International) USD211,000 for breaching contract terms related to the failed Nigeria Air (NWB, Lagos) joint venture between the two parties, the Ethiopian carrier's CEO, Mesfin Tasew, has told the Economic and Financial Crimes Commission (EFCC) in Abuja, according to several local news reports. The airline [...]

By | July 11th, 2024|Financial|0 Comments

Denmark's Sun-Air cuts scheduled ops, shifts to charter/ACMI

Sun-Air (EZ, Billund) has reduced its scheduled flights to one route between Billund and London City, accompanied by a shift to charter and ACMI business, according to ch-aviation research. The British Airways franchise partner's booking platform has been narrowed to the above destinations, but no official statement has been posted on the website. The airline [...]

By | July 11th, 2024|Financial|0 Comments

Argentinian province of Río Negro to sell two bizjets

The Government of Rio Negro, an Argentinian province, has issued a public tender, 30/24, for the sale of two aircraft, one Cessna Aircraft Company Citation V Ultra, LV-KFB (msn 560-0270), and one Piper (twin piston) Aztec, LV-JYL (msn 27-4723). The Cessna Citation V Ultra is listed with a base price of USD2.57 million, while the [...]

By | July 10th, 2024|Financial|0 Comments

EU warns Egypt’s CAA to improve oversight

Source: ch aviation Read more: EU warns Egypt’s CAA to improve oversight

By | July 10th, 2024|Financial|0 Comments

Chile’s SKY Airline eyes ninth freedom in Argentina – report

Source: ch aviation Read more: Chile’s SKY Airline eyes ninth freedom in Argentina - report

By | July 10th, 2024|Financial|0 Comments

Brazil’s Azul preparing plan to merge with GOL – report

Azul Linhas Aéreas Brasileiras (AD, São Paulo Viracopos) is working on submitting within the next three months a proposal to the United States bankruptcy courts to merge with GOL Linhas Aéreas Inteligentes (G3, São Paulo Congonhas), sources have told the Brazilian newspaper Valor Econômico. Azul is reportedly in discussions with Abra Group, owner of both [...]

By | July 10th, 2024|Financial|0 Comments

US carriers submit applications for Washington Nat’l slots

American Airlines, Delta Air Lines, Frontier Airlines, JetBlue Airways, Southwest Airlines, Spirit Airlines, and United Airlines have made separate applications to the US Department of Transportation (DOT) to obtain some of the slot exemptions for service to Washington National from domestic airports within or beyond the 1,250-mile (2,012-kilometre) perimeter for nonstop flights to/from the airport. [...]

By | July 10th, 2024|Financial|0 Comments

Supreme Court confirms Binter Canarias PSO for Madeira

Source: ch aviation Read more: Supreme Court confirms Binter Canarias PSO for Madeira

By | July 10th, 2024|Financial|0 Comments

Cabo Verde Airlines adds wet-leased Q300

Source: ch aviation Read more: Cabo Verde Airlines adds wet-leased Q300

By | July 10th, 2024|Financial|0 Comments

Brussels triggers probe into €6bn state aid to Lufthansa

Lufthansa (LH, Frankfurt International) is facing an in-depth investigation into the EUR6 billion euros (USD6.5 billion) it received from Germany as part of a Covid-era rescue scheme, the European Commission announced. The move comes as the carrier awaits a decision at the European General Court in a linked case. The aid that is re-emerging into [...]

By | July 10th, 2024|Financial|0 Comments