Avianca Holdings has secured a USD1.6 billion financing package from both existing and new lenders which will enable the Panamanian group to exit its Chapter 11 restructuring. According to a motion filed with the US Bankruptcy Court for the Southern District of New York, the funding comprises USD1.05 billion from a group of lenders which Continue Reading
Chair Airlines (GM, Zurich) began wet-leasing a B737-800 from its Polish parent Enter Air (E4, Warsaw Chopin) on July 21, 2021, under a previously announced summer-long capacity-boosting ACMI contract. SP-ESE (msn 30688) has had the Enter Air logo replaced with Chair’s but otherwise remains in the Polish carrier’s livery. Enter Air ferried it from Antalya Continue Reading
Aer Lingus (EI, Dublin Int’l) has transferred its five remaining orders for A350-900s from Airbus to another undisclosed customer and is no longer set to add the type to its fleet going forward, the manufacturer’s order and deliveries data shows. The Irish carrier initially ordered six A350-900s in 2008, later adding three more units. However, Continue Reading
Rolls-Royce and Babcock International are reportedly planning to sell their stakes in British strategic airlift and aerial refuelling operator AirTanker (9L, Brize Norton), Sky News has reported citing unnamed sources. The two companies jointly control around half of AirTanker’s shares, with the remainder held by Airbus and Thales, none of which is contemplating disposing of Continue Reading
Wizz Air UK (W9, London Luton) has confirmed to ch-aviation it has postponed the opening of its new Cardiff base until summer 2022 as a result of “ongoing COVID-19 related travel restrictions, and ever-changing quarantine measures in place across the UK and Europe.” Spokesperson Andras Rado said: “It is with regret that we have had Continue Reading
Titan Airways (ZT, London Stansted) is poised to add its first widebody freighter, an A330-300(P2F), for CMI operations for an undisclosed customer, Cargo Facts has reported. EI-GTT (msn 713), a 15.6-year-old aircraft owned by Stratos, was ferried after conversion by Elbe Flugzeugwerke (EFW) from Dresden to Châteauroux on July 11, 2021, still in the livery Continue Reading
Sky Cana (Santo Domingo Las Américas) has chartered its first dedicated freighter, an ATR72-200(F) from fellow Dominican carrier Air Century (Y2, Santo Domingo La Isabela), as it seeks to expand into the cargo segment. The carrier will operate the aircraft, HI1000 (msn 483), on behalf of its parent, logistics firm Logic Paq. Flightradar24 ADS-B data Continue Reading
Air Arabia Group, the parent of Air Arabia (G9, Sharjah), has signed an agreement with the Armenian National Interest Fund (ANIF), a state-owned investment vehicle, to establish a new joint venture in Armenia that will become the country’s flag carrier. “We see tremendous potential for Armenia in building its airline sector, which will add sustained Continue Reading
Air France-KLM has launched a tender for the renewal and expansion of the group’s narrowbody fleet, a holding spokesperson confirmed to Reuters. Group Chief Executive Ben Smith told Het Financielee Dagblad, a Dutch financial newspaper, a few days earlier that the order may comprise as many as 160 aircraft. He would not go into any Continue Reading