AirGuide Business – Aircraft Business & Finance covers global aircraft manufacturer, finance, leasing, powerplant, avionics, technology, related supplier news and feature articles, special reports, market intelligence and analysis for industry professionals.

South African Airways Seeks New Investment and Financing Options After Takatso Deal Falls Through

By | 2024-05-02T08:47:13-04:00 May 2nd, 2024|@AirGuide Business, Aircraft Business, Airline Business|

South African Airways (SAA) is actively pursuing minority investors and exploring various financing avenues to secure capital, following the collapse of its equity partnership with the Takatso consortium. Derek Hanekom, the interim chairman of the flag carrier, discussed these strategic moves in a recent interview with eNCA (eNews Channel Africa), highlighting the need to adjust [...]

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Dubai Aerospace Enterprise to Receive Half of Promised Boeing Planes This Year

By | 2024-05-03T12:39:40-04:00 May 1st, 2024|@AirGuide Business, Aircraft Business, Aircraft Engines & Suppliers, Airline Business|

Dubai Aerospace Enterprise (DAE) Capital is set to receive approximately half of the aircraft originally promised by Boeing for delivery this year, according to DAE's Chief Executive. This announcement marks a significant reduction in expected deliveries from the planemaker, impacting DAE's operations and fleet expansion plans for the year. Sources: AirGuide Business airguide.info, bing.com, reuters.com

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Airbus Prepares for Potential Lockout of A220 Workers in Canada if Contract Offer Fails

By | 2024-05-03T12:39:41-04:00 May 1st, 2024|@AirGuide Business, Aircraft Business, Aircraft Engines & Suppliers|

Airbus is reportedly set to lock out workers at its Canadian A220 assembly line if they reject the latest contract offer due on Wednesday. This development follows recommendations from a conciliator, as seen by sources close to the matter. The potential lockout underscores the tense negotiations surrounding the new contract terms for the aircraft manufacturing [...]

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Australia’s Bonza Airline Temporarily Suspends Services, Stranding Travelers

By | 2024-05-03T12:39:41-04:00 April 30th, 2024|@AirGuide Business, Aircraft Business, Airline Business, Airlines, Airport Business, Travel Business & GDS OTA|

Bonza, Australia's low-cost carrier that celebrated its first anniversary recently, has unexpectedly announced the temporary suspension of all its flights, leaving many travelers stranded. The airline has not disclosed specific reasons for the abrupt halt in operations, nor has it provided a definitive timeline for when services might resume. This sudden development has caused significant [...]

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Turkish Airlines in Negotiations with Airbus and Boeing for 235 Aircraft Expansion

By | 2024-04-30T09:22:55-04:00 April 30th, 2024|@AirGuide Business, Aircraft Business, Aircraft Engines & Suppliers, Airline Business|

Turkish Airlines is currently engaged in negotiations with both Airbus and Boeing to procure 235 aircraft as part of its expansion plans, as announced by Chairman Ahmet Bolat on Monday, April 29th. The airline is indeed in discussions for a substantial new aircraft order, encompassing models from both Airbus and Boeing, totaling 235 aircraft. This [...]

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Bonza Suspends Operations as AIP Capital Repossesses Fleet Amid Financial Struggles

By | 2024-05-02T08:47:04-04:00 April 30th, 2024|@AirGuide Business, Aircraft Business, Airline Business, Airport Business|

Bonza, an Australian airline based on the Sunshine Coast, has abruptly halted all operations after its fleet was repossessed by aircraft asset manager AIP Capital. The airline's CEO, Tim Jordan, announced the suspension of flights scheduled for April 30, citing ongoing discussions about the viability of the business. This development follows a period of speculation [...]

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Skylinks Aviation Commits to Purchase Four ME-1A Amphibious Aircraft from Mallard Aircraft

By | 2024-05-02T08:47:05-04:00 April 30th, 2024|@AirGuide Business, Aircraft Business, Aircraft Engines & Suppliers, Business & Private Aviation|

Skylinks Aviation, based in Goa, India, has taken a significant step towards enhancing its fleet by signing a letter of intent (LOI) with Mallard Aircraft for the purchase of four ME-1A amphibious aircraft. The agreement was formalized last month in Venice, Italy, marking an ambitious move by Skylinks to broaden its operational capabilities. Jagdish Kotecha, [...]

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SAS Scandinavian Plans Significant Expansion of Regional Jet Fleet Through SAS Link Subsidiary

By | 2024-05-02T08:47:05-04:00 April 30th, 2024|@AirGuide Business, Aircraft Business, Airline Business|

SAS Scandinavian Airlines is setting the stage for a substantial expansion of its regional jet operations, specifically through its SAS Link subsidiary, which currently operates Embraer E195 aircraft. This was disclosed by Henrik Winell, Vice-President (Network) at SAS, during the Routes Europe conference as covered by Aviation Week. The airline, headquartered in Copenhagen, is actively [...]

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easyJet Set to Expand In-House Maintenance Operations with Acquisition of SR Technics Facility in Malta

By | 2024-05-02T08:47:05-04:00 April 30th, 2024|@AirGuide Business, Aircraft Business, Aircraft Services & MRO, Airline Business|

easyJet, the UK-based low-cost airline, has confirmed its plans to acquire the SR Technics aircraft maintenance facility located at Malta International Airport. This move is pending regulatory approval and aligns with the airline's strategy to bring more of its maintenance operations in-house, according to a statement provided to ch-aviation. The facility, featuring six maintenance bays, [...]

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Uganda Airlines Nears Deal with Boeing for Fleet Expansion

By | 2024-05-02T08:47:06-04:00 April 30th, 2024|@AirGuide Business, Aircraft Business, Airline Business|

According to reports from Kampala, the Ugandan government is nearing a significant agreement with Boeing to acquire four aircraft for Uganda Airlines. This development signals a potential strategic shift from Airbus, sparking industry speculation. While no official statement has been released, insider sources claim President Yoweri Museveni approved the acquisition during a meeting on April [...]

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Bonza Faces Setbacks in Fleet Expansion Due to Aircraft Registration and Availability Issues

By | 2024-05-02T08:47:06-04:00 April 29th, 2024|@AirGuide Business, Aircraft Business, Airline Business|

Bonza, Australia's newest airline based at Sunshine Coast, is experiencing significant delays in expanding its fleet due to regulatory and logistical challenges. The airline initially wet-leased two Boeing 737-8s, C-FLHI (msn 61804) and C-FLKC (61807), from Flair Airlines during the 2023-24 Southern Hemisphere summer, with plans to transition these to dry leases for more operational [...]

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AirAsia X Outlines Strategy for AirAsia Takeover and Corporate Reorganization

By | 2024-05-02T08:47:06-04:00 April 29th, 2024|@AirGuide Business, Aircraft Business, Airline Business|

AirAsia X (D7, Kuala Lumpur International) has provided a detailed overview of its strategy to acquire AirAsia Bhd, the operator of AirAsia (AK, Kuala Lumpur International), and AirAsia Aviation Group, which manages the non-Malaysian AirAsia-branded airlines. The disclosure was made in a recent filing with Bursa Malaysia, outlining a comprehensive plan that includes the issuance [...]

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