Airline executives from Dana Air (9J, Lagos) and the state-owned Asset Management Corporation of Nigeria (AMCON) have been called in for questioning by Nigerian police in connection with an investigation into fraud, conversion, and embezzlement relating to an aircraft of the now-defunct Afrijet Airlines (6F, Lagos), reports Nigeria’s New Telegraph. Dana Air Managing Director Hathiramani [...]
Source: ch aviation Read more: TUI fly (Germany) agrees with unions to limit cuts
Source: ch aviation Read more: Viet Nam's Bamboo Airways secures 0mn cash injection
Source: ch aviation Read more: Paramaribo vows to keep Surinam Airways state-owned
Source: ch aviation Read more: Brazil's Rico Taxi Aéreo clinches mn gov't contract
Cebu Pacific Air (5J, Manila Ninoy Aquino Int'l) has secured a PHP16 billion peso (USD206 million) 10-year loan from a syndicate of domestic banks in what is being punted as a sign of confidence in the carrier and the recovery of the Philippine economy. The loan also coincides with the launch of the Philippines’ COVID-19 [...]
EgyptAir (MS, Cairo Int'l) has submitted an official request to the Israeli authorities for a permit to launch in-house services between Cairo Int'l and Tel Aviv Ben Gurion, replacing those run by purpose-built subsidiary Air Sinai (4D, Cairo Int'l) since 1982, Israeli broadcaster i24NEWS has reported. Sources indicated that EgyptAir has sought to increase the [...]
Breeze Airways (MXY, Salt Lake City) is in the home straight in terms of its certification drive after the US Department of Transportation (DOT) finalised a show order giving it the go-ahead to operate scheduled flights throughout the United States. With its economic authority now secured, the start-up must still complete its Part 119 air [...]
Source: ch aviation Read more: Madrid to extend €53mn in loans to Plus Ultra Líneas Aéreas
Source: ch aviation Read more: Korea's Air Premia secures first tranche of fresh funding