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China's Express Airlines takes delivery of maiden MA-60

Source: ch aviation Read more: China's Express Airlines takes delivery of maiden MA-60

By | March 5th, 2021|Financial|0 Comments

India’s GoAir takes $110mn bank credit line – report

GoAir (G8, Mumbai Int'l) has received an INR8 billion rupee (USD110 million) credit line from banks, designed to help it cope with the ongoing aviation crisis, finance industry sources have told the Business Standard newspaper. According to the sources, the airline applied for debt restructuring under the Reserve Bank of India’s “one-time loan restructuring scheme” [...]

By | March 5th, 2021|Financial|0 Comments

AirAsia Group reveals $39.1m funding to Philippines AirAsia

Source: ch aviation Read more: AirAsia Group reveals .1m funding to Philippines AirAsia

By | March 4th, 2021|Financial|0 Comments

IranAir appeals to gov't amid severe cash crunch

Source: ch aviation Read more: IranAir appeals to gov't amid severe cash crunch

By | March 4th, 2021|Financial|0 Comments

Garuda Indonesia won't replace CRJ1000s – CEO

Source: ch aviation Read more: Garuda Indonesia won't replace CRJ1000s - CEO

By | March 4th, 2021|Financial|0 Comments

Air Macau acknowledges shareholder capital injection

Source: ch aviation Read more: Air Macau acknowledges shareholder capital injection

By | March 4th, 2021|Financial|0 Comments

Thyme’s takeover of flybe. assets needs speedy slot transfer

Source: ch aviation Read more: Thyme’s takeover of flybe. assets needs speedy slot transfer

By | March 4th, 2021|Financial|0 Comments

South Sudan Supreme Airlines grounded after fatal crash

South Sudan President Salva Kiir Mayardit has ordered the grounding of South Sudan Supreme Airlines (Juba) after the fatal crash of a Let 410 turboprop on March 2, 2021. In an official notice issued on March 3, Mayardit said: “As a temporary measure to deal with these avoidable air accidents before laws governing civil aviation [...]

By | March 4th, 2021|Financial|0 Comments

Slovenian police file charges over Adria's demise

Source: ch aviation Read more: Slovenian police file charges over Adria's demise

By | March 4th, 2021|Financial|0 Comments

US' Via Airlines gets tentative nod of approval

The US Department of Transportation has found Via Airlines Inc. t/a Sterling Airways (Jacksonville Craig, FL) to be “fit, willing, and able” to resume commuter air services, inviting interested parties to show cause by March 7, 2021, why it should not make its decision final. This follows an application by Via on September 30, 2020, [...]

By | March 4th, 2021|Financial|0 Comments