Ghana's Cabinet greenlights new national carrier project

The Ghanaian Cabinet has granted policy approval for the establishment of a new flag carrier with strategic partner participation, President Nana Akufo-Addo announced. Delivering his State of the Nation address on March 9, 2021, Akufo-Addo made a brief mention in this regard, but gave no further details, except to say that his parliament would be [...]

By | March 17th, 2021|Financial|0 Comments

Hainan court okays 321 HNA Group entities to merge assets

Source: ch aviation Read more: Hainan court okays 321 HNA Group entities to merge assets

By | March 17th, 2021|Financial|0 Comments

Argentina clears B737 MAX to resume flights

Source: ch aviation Read more: Argentina clears B737 MAX to resume flights

By | March 16th, 2021|Financial|0 Comments

German Airways expands Cologne/Bonn MRO base

Source: ch aviation Read more: German Airways expands Cologne/Bonn MRO base

By | March 16th, 2021|Financial|0 Comments

Garuda Indonesia targets 18 aircraft for Hajj 2021 uplift

Source: ch aviation Read more: Garuda Indonesia targets 18 aircraft for Hajj 2021 uplift

By | March 16th, 2021|Financial|0 Comments

Norway’s Norse Atlantic Airways targets low-cost long-haul

Bjørn Tore Larsen, founder of the Norway-based crew management firm OSM Aviation, of which Norwegian (DY, Oslo Gardermoen) was formerly a co-owner, has announced a new low-cost carrier, Norse Atlantic Airways. It will enter the long-haul market between Europe and North America by the end of year, and, in the long term, Asia, the start-up [...]

By | March 16th, 2021|Financial|0 Comments

Nigerian CAA grounds Azman Air amid safety audit

Azman Air (AZM, Kano) has been forced to suspend commercial flight operations after the Nigerian Civil Aviation Authority (NCAA) grounded its B737 fleet on Tuesday, March 16. In a statement, the regulator said the suspension would allow it to conduct an audit of the carrier following a series of incidents involving its aircraft. "The NCAA [...]

By | March 16th, 2021|Financial|0 Comments

Cathay Pacific in advanced talks over B777X deferrals

Cathay Pacific (CX, Hong Kong Int'l) has confirmed that it is in advanced talks with Boeing regarding the deferral of its B777-9 orders beyond 2023. "On January 27, 2021, Boeing announced a delay of the 777X programme with delivery of the first aircraft expected in late 2023. Cathay Pacific is in advanced negotiations with regard [...]

By | March 16th, 2021|Financial|0 Comments

Canada's Air Transat urgently needs C$500mn to survive

Air Transat (TS, Montréal Trudeau) urgently needs to secure CAD500 million Canadian dollars (USD401 million) in long-term financing to ensure its operations' continuity should its acquisition by Air Canada (AC, Montréal Trudeau) not go ahead, parent company Transat A.T. Inc. said in its first-quarter 2021 financial report. Even though the Canadian government, shareholders, and the [...]

By | March 16th, 2021|Financial|0 Comments

Lisbon asks EC to okay another €463mn in interim aid for TAP

Source: ch aviation Read more: Lisbon asks EC to okay another €463mn in interim aid for TAP

By | March 16th, 2021|Financial|0 Comments