New legal hurdle for JKC's takeover of India's Jet Airways

The Supreme Court of India will hear an appeal against a National Company Law Appellate Tribunal (NCLAT) decision to allow ownership of Jet Airways (JAI, Mumbai International) to transfer to the Jalan Kalrock Consortium (JKC). Indian court records show that the State Bank of India, JC Flowers Asset Reconstruction Private Limited, and the Punjab National [...]

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

India's IndiGo open-minded on widebody freighters

Source: ch aviation Read more: India's IndiGo open-minded on widebody freighters

By | April 24th, 2024|Financial|0 Comments

PNG's Morobe Province plans to start its own airline

The government of Papua New Guinea's Morobe Province says it has established an airline called Morobe Wings (Lae Nadzab) and will acquire a DHC-6 for PGK6 million kina (USD1.6 million) to provide better air transportation options for people living in the province's remote settlements. "[Passenger charter operator] North Coast Aviation (Lae Nadzab) has its own [...]

By | April 24th, 2024|Financial|0 Comments

Nigerian regulator grounds Dana Air over safety concerns

Nigeria's aviation minister, Festus Keyamo, has directed the Nigerian Civil Aviation Authority (NCAA) to suspend operations at Dana Air (9J, Lagos) following a recent runway excursion at Lagos that raised concerns over the safety and financial viability of the airline, the regulator said in a statement. The authority confirmed that on April 23, Dana Air's [...]

By | April 24th, 2024|Financial|0 Comments

US’s Jet Linx Aviation opens Salt Lake City base

Business aviation specialist Jet Linx Aviation (JL, Omaha Eppley) has announced its 22nd base, at Salt Lake City, which it said will allow it to strengthen its presence in the United States’ Mountain West region and provide a more localised service to members throughout Utah. The Part 135 operator made the announcement in January, as [...]

By | April 24th, 2024|Financial|0 Comments

US’s Wheels Up relocates MX facilities to West Palm Beach

On-demand aviation operator Wheels Up (WUP, Teterboro) has announced the relocation of its maintenance facilities to West Palm Beach International, which will mean the closure of existing outfits in Cincinnati International and Denver Rocky Mountain, including a headcount reduction and the relocation of mobile service units from several locations across the United States to the [...]

By | April 24th, 2024|Financial|0 Comments

Bestfly pulls out of Cabo Verde over ACMI debacle

Source: ch aviation Read more: Bestfly pulls out of Cabo Verde over ACMI debacle

By | April 24th, 2024|Financial|0 Comments

Angola's TAAG aims for forex boost with expanded fleet

TAAG Angola Airlines (DT, Luanda 4 De Fevereiro) hopes to boost its foreign exchange income as it doubles its fleet from 21 to more than 40 aircraft by 2025, according to Nelson Pedro Rodrigues de Oliveira, president of the executive committee. Speaking in Luanda last week on the sidelines of a tourism industry meeting, De [...]

By | April 24th, 2024|Financial|0 Comments

Latvia's SmartLynx Airlines focuses on strategic ACMI

Source: ch aviation Read more: Latvia's SmartLynx Airlines focuses on strategic ACMI

By | April 24th, 2024|Financial|0 Comments

Germany's Alpen Air debuts transborder charters for S24

Source: ch aviation Read more: Germany's Alpen Air debuts transborder charters for S24

By | April 24th, 2024|Financial|0 Comments