All articles by Cirium – Page 6
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NewsJetstar Japan names new chairman
Jetstar Japan has appointed Nick McGlynn as its new chairman, replacing Yasuhiro Nakamura, who retired on 30 June.
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NewsSouth Korea’s Air Premia close to launch
South Korea’s Air Premia expects to receive its second aircraft in July and is close to launching revenue service.
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NewsCyprus Airways unveils new ownership and chief executive
Cyprus Airways has been acquired by Malta’s SJC Group and has named George Mavrocostas as its new chief executive.
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NewsVietJet to raise 15% of charter capital and $300m in bonds
VietJet’s shareholders have approved a private shares placement for up to 15% of its charter capital and a $300 million bond offering.
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NewsFragmented EU Covid certificate rollout risks ‘chaos’: industry
European aviation industry representatives have warned of “chaos” at airports this summer unless EU member states take a co-ordinated approach to implementing the bloc’s Digital Covid Certificate, which is set to enter force on 1 July.
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NewsGECAS orders three more 777-300ERSF converted freighters
GECAS is exercising options on a contract with Israel Aerospace Industries (IAI) to convert three additional Boeing 777-300ER passenger planes to 777-300ERSF freighters.
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NewsAsiana Airlines issues $97 million corporate bond
South Korea’s Asiana Airlines has raised W110 billion ($97 million) from privately placed corporate bonds.
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NewsSwiss unveils premium-economy seats for 777 fleet
Swiss will start introducing premium-economy seats on its Boeing 777 fleet during the fourth quarter in an effort to diversify its product offering amid an increased focus on leisure traffic in the aftermath of the pandemic.
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NewsGaruda aiming to complete restructuring by year-end
Garuda Indonesia is targeting to complete its restructuring within the year but did not commit to a timeline for the process or further steps to pay off its debts.
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NewsTAP Air Portugal confirms former Flybe chief as new CEO
Former Flybe chief executive Christine Ourmieres-Widener has been appointed chief executive of TAP Air Portugal.
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NewsEastar Jet’s new buyer to pay $97 million for 80% stake: report
South Korea’s Eastar Jet has signed an agreement with stalking-horse bidder Sung Jung to acquire an 80% stake in the airline for about W110 billion ($97 million).
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NewsThai AirAsia eyes domestic traffic uptick with Phuket reopening
Thai AirAsia has expressed confidence in the Thai government’s plan to reopen Phuket in July and expects to up its domestic capacity by 30%.
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NewsThai AirAsia X making progress on lease negotiations: advisor
Thai AirAsia X has made further progress with lessors on restructuring lease agreements, after signing its first lease restructuring back in March.
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NewsWestJet makes cargo move with 737-800 freighters
Canadian carrier WestJet will launch dedicated freighter operations following the delivery of a Boeing 737-800 converted freighter.
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NewsThai discussing A350 and -200ER leasebacks with lessors: sources
Thai Airways International has been seeking information from lessors about leasing opportunities for four aircraft types, but is mostly looking for by-the-hour contracts and cannot pay security deposits and maintenance reserves, Cirium understands.
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NewsSouthwest Airlines chief to step down in February 2022
Southwest Airlines’ chief executive Gary Kelly will step down from his role in early 2022, after having led the US low-cost carrier through aviation’s most devastating crisis.
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NewsAustrian converts last ‘preighter’ for passenger service
Austrian Airlines is reconverting the last aircraft it had temporarily turned into a freighter during the Covid-19 pandemic, as long-haul passenger services resume.
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NewsAeromexico granted extension to file reorganisation plan
Flag carrier Aeromexico has obtained approval from the US Bankruptcy Court for the Southern District of New York for a 75-day extension to propose a reorganisation plan.
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NewsJet Airways gets final nod to execute resolution plan
Jet Airways has secured the final approval from India’s adjudicating body for its resolution plan, paving the way for the grounded airline to fly again after a more-than-two-year corporate insolvency resolution process.
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NewsVietnam further tightens rules on parked aircraft
Vietnam has further tightened requirements on aircraft parked for extended periods, as numbers continue to increase amid the Covid-19 pandemic.