The founder and chairman of VistaJet Group Holding Ltd., parent entity of VistaJet (Malta) (VJT, Malta International), has told other investors that his 86% stake can be used to increase the company's liquidity. In a letter to investors cited by Bloomberg News, Swiss businessman Thomas Flohr said his stake provides “an enormous equity cushion in [...]
Source: ch aviation Read more: Russia's iFly agrees on A330 buy-backs but seeks funds
Source: ch aviation Read more: Romania's Liniile Aeriene Române project gathers speed
Source: ch aviation Read more: Russia's Red Wings retires A320/1s, mulls rebranding
Source: ch aviation Read more: Bucharest tries to hawk TAROM stake to Emirates
Source: ch aviation Read more: SriLankan Airlines ends A321ceo operations
Source: ch aviation Read more: High fuel costs ground Madagascar Airlines' jet fleet plans
Source: ch aviation Read more: India's SpiceJet wet-leases two A320s
Eight plaintiffs have filed a lawsuit against Alaska Airlines (AS, Seattle Tacoma International) in a bid to block its planned merger with Hawaiian Airlines (HA, Honolulu). The complaint to prohibit the acquisition, alleging a violation of the United States’ Clayton Antitrust Act, was lodged at the US District Court in Hawaii on April 15. "Alaska’s [...]
The US Department of Transportation (DOT) has granted Avelo Airlines (XP, Burbank) authorisation to operate scheduled international passenger flights from the United States to destinations in Mexico and the Dominican Republic, as it requested last month. The US carrier received exemption authority for two years for services: from Dallas/Fort Worth and San Antonio International to [...]