Brussels objects to Lufthansa ITA deal, remedies to come

The European Commission has warned Lufthansa Group that its intention to acquire a 41% stake in ITA Airways (AZ, Rome Fiumicino) could harm competition and increase prices. However, the group told ch-aviation it will shortly submit “a concept of remedies to the authority in order to address any remaining concerns.” As a result of its [...]

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

South Africa's Airlink sues SAA over alleged data theft

Airlink (South Africa) (4Z, Johannesburg O.R. Tambo) has confirmed it has applied for an urgent interdict and order from the South African High Court in Johannesburg to prevent South African Airways (SA, Johannesburg O.R. Tambo) and its personnel from using or disclosing confidential commercial information allegedly obtained unlawfully by a former executive manager before she [...]

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

DR Congo's Gomair adds first ATR72 freighter

Source: ch aviation Read more: DR Congo's Gomair adds first ATR72 freighter

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

Israel's El Al orders three B787-9s, to raise $100mn

Source: ch aviation Read more: Israel's El Al orders three B787-9s, to raise 0mn

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

Switzerland's Edelweiss Air to induct A350 in 2Q25

Source: ch aviation Read more: Switzerland's Edelweiss Air to induct A350 in 2Q25

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

Ryanair eyes more A320s for its Lauda Europe unit

Ryanair Holdings is targeting a fleet of around fifty Airbus narrowbodies operated by its Maltese subsidiary Lauda Europe (LW, Malta International), including transitioning to the A320neo Family after 2030, according to group chief executive Michael O'Leary. However, the lack of available aircraft is complicating the plans. "Airbus is backed up with aircraft deliveries out to [...]

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

Greece's Ellinair firmly rejects bankruptcy threat

Source: ch aviation Read more: Greece's Ellinair firmly rejects bankruptcy threat

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

Nepal CAA audits Shree Airlines following another incident

Source: ch aviation Read more: Nepal CAA audits Shree Airlines following another incident

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

Appeals court rules Korea's Asiana can keep ₩2.5bn deposit

The 16th Civil Division of the Seoul High Court has dismissed an appeal by HDC Hyundai Development Company against a lower court's decision to let Asiana Airlines (OZ, Seoul Incheon) retain a KRW200 billion won (USD149 million) deposit connected to an aborted 2019 acquisition bid. The court handed down its decision on March 21, 2024, [...]

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

Indonesia's Raindo suspends ops, returns aircraft to lessor

Source: ch aviation Read more: Indonesia's Raindo suspends ops, returns aircraft to lessor

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