Air Malawi in liquidation
Air Malawi has been placed in voluntary liquidation by its government after two failed restructuring attempts. A new company, Air Malawi (2012), has been created that will attract an equity partner. “...
Air Malawi has been placed in voluntary liquidation by its government after two failed restructuring attempts. A new company, Air Malawi (2012), has been created that will attract an equity partner. “...
Although no flights at South Africa’s Johannesburg O.R.Tambo International Airport have been disrupted, the Airports Company South Africa (ACSA) is experiencing a breakdown in its A1 fuel supply to th...
Pilots and crew members protesting for more pay and better working conditions at Linhas Aerrreas de Mocambique have gone on a one-day strike, grounding the carrier since Sunday. ...
Kenyan regional airline, Jetlink Express, has ceased operations until further notice. The airline has been impacted by the shutdown of South Sudan's oil market, which caused it to ground nearly eight ...
After a series of disagreements with majority owner of Cargolux, the government of Luxembourg, over its future direction, Qatar Airways is likely to sell its 35% stake in the cargo carrier back to the...
Scandinavian airline SAS is seeking 100,000 kronor in damages from a man charged with making a fake bomb threat after missing his flight to Malta from Stockholm. The flight was about to depart when t...
Investec Aviation Finance has closed its aircraft fund, Investec Aircraft Syndicate Limited (IASL). IASL will invest $500m in new generation, fuel efficient aircraft on lease to a number of leading ai...
Polish LOT Airlines has secured a $500 million loan guaranteed by the US Export-Import Bank (Ex-Im Bank) which will finance its fleet of eight 787 aircraft it has on order. LOT took delivery of its fi...
As reported here on September 20, Virgin Atlantic has now secured extra slots at London Heathrow airport and is poised to launch short-haul domestic routes in the UK from March next year. The airline ...
Scandinavian airline SAS has finally reached agreements with most of its unions on wage cuts, pensions and changes to working hours. As part of its restructuring plan, the airline plans to cut salary ...
Peter Gregg, former Qantas CFO, and venture capitalist Mark Carnegie have held discussions with unions and key investors as they try to put together a rival plan to challenge Qantas CEO, Alan Joyce, i...
Directorate General of Civil Aviation (DGCA) has issued Kingfisher Airlines with a show-cause notice asking why its flying license should not be suspended or cancelled as it had grounded its entire fl...
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