Malaysian CAA cancels MYAirline's AOC

Insolvent MYAirline (MYM, Kuala Lumpur Subang) has had its air operator's certificate (AOC) cancelled by the Civil Aviation Authority of Malaysia (CAAM), according to The Edge Malaysia. The financial news site reported that the agency revoked the AOC on April 15, one day after a deadline to find a new investor. "There will be no [...]

By | April 26th, 2024|Financial|0 Comments

Korean Air mulls B777X order – report

Korean Air (KE, Seoul Incheon) is reportedly in talks to acquire at least ten B777X, according to Reuters. Citing industry sources, the news agency said talks were ongoing but no firm decisions had been made. The report comes after the Korean airline placed an order with Airbus for twenty-seven A350-1000s and six A350-900s earlier this [...]

By | April 26th, 2024|Financial|0 Comments

Japan Airlines to bolster non-aviation revenue streams – CEO

Source: ch aviation Read more: Japan Airlines to bolster non-aviation revenue streams - CEO

By | April 26th, 2024|Financial|0 Comments

Korea's Air Premia, t'way Air eye Star Alliance – report

South Korean carriers Air Premia (YP, Seoul Incheon) and t'way Air (TW, Daegu) reportedly want to join Star Alliance to fill a gap created by the expected exit of Asiana Airlines (OZ, Seoul Incheon) after it merges with Korean Air (KE, Seoul Incheon), a Skyteam member. The Korean-language Asian Economy outlet reports that both airlines [...]

By | April 25th, 2024|Financial|0 Comments

Asiana Airlines to transfer two A350s to Korean Air – report

Source: ch aviation Read more: Asiana Airlines to transfer two A350s to Korean Air - report

By | April 25th, 2024|Financial|0 Comments

US’s JetBlue seeks Pratt & Whitney compensation

JetBlue Airways (B6, New York JFK) is working towards reaching an agreement with Pratt & Whitney to receive compensation for the grounding of aircraft for ongoing inspections of their Geared Turbofan (GTF) engines, the airline revealed in its financial results for the first quarter of 2024 and confirmed to ch-aviation. The compensation for an as-yet-undisclosed [...]

By | April 25th, 2024|Financial|0 Comments

IndiGo Airlines orders 30+70 A350-900s

IndiGo Airlines (6E, Delhi International) has placed its first widebody order, covering thirty A350-900s coming directly from Airbus with a further 70 purchase rights. The widebodies will start delivering to the Indian low-cost carrier in 2027. IndiGo Airlines said the exact configuration would be determined at a later stage. Despite long-standing speculation about its widebody [...]

By | April 25th, 2024|Financial|0 Comments

US's FlyExclusive not compliant with NYSE listing rules

Business jet operator FlyExclusive (JRE, Kinston) has received a notice from the New York Stock Exchange (NYSE) that it is not in compliance with bourse listing rules as it failed to file its 2023 Annual Report on Form 10-K by the due date. In an update on April 22, the company told stakeholders it had [...]

By | April 25th, 2024|Financial|0 Comments

Mexicana requests $1.2bn to acquire more planes

Source: ch aviation Read more: Mexicana requests .2bn to acquire more planes

By | April 25th, 2024|Financial|0 Comments

Dominican Republic approves new aviation tax incentive law

Source: ch aviation Read more: Dominican Republic approves new aviation tax incentive law

By | April 25th, 2024|Financial|0 Comments