Cargojet to Redeem 5.75% Hybrid Debentures on December 27, 2024

ByAdmin 15/11/202419/11/2024

Cargojet, a leading Canadian cargo airline, has announced its decision to redeem in full all of its outstanding 5.75% senior unsecured hybrid debentures on December 27, 2024. The debentures, originally scheduled to mature on April 30, 2025, will be repaid earlier than anticipated as part of Cargojet’s strategic financial management plan. This move underscores the company’s focus on maintaining a strong balance sheet and optimizing its capital structure.

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Airbus | Airlines | Delivery | Fleet | Leasing

FlyOne to Expand Fleet with Leased Airbus A320 from SMBC Aviation Capital

ByAdmin 19/11/202420/11/2024

FlyOne, Moldova’s leading airline, is preparing to expand its fleet with the addition of an Airbus A320, bearing the serial number 4894. This aircraft is being leased from SMBC Aviation Capital, a prominent aircraft leasing company based in Ireland. The A320 is equipped with CFM56-5B4/3 engines, known for their efficiency and reliability.

Challenge Group Launches B777-300ERSF Freighter Program

ByAdmin 21/05/202521/05/2025

Challenge Group, based in Malta, has officially launched its B777-300ERSF conversion program as part of a strategic plan to expand its freighter operations. The company intends to induct the first Boeing 777-300ERSF converted freighter into its fleet in 2025, reflecting a significant shift toward higher-capacity, long-range cargo operations.

Airlines | Legal | Management

Air Antilles Former CEO Faces Prison for Embezzlement

ByAdmin 21/03/202523/03/2025

Eric Koury, the former CEO of Guadeloupe-based airline Air Antilles, is facing a two-year prison sentence after being accused of embezzling aid funds.

Airlines | Delivery | Embraer | Fleet

Señor Air Expands Fleet with Embraer ERJ-135 Acquisition

ByAdmin 03/02/202504/02/2025

Señor Air, a regional airline based in Cabo San Lucas, Mexico, has expanded its fleet with the acquisition of an Embraer ERJ-135 aircraft, identified by serial number 145361. This aircraft is equipped with AE3007A1P engines, known for their reliability and efficiency in regional flight operations.

TAAG Angola Airlines Receives First Boeing 787-9 Dreamliner

ByAdmin 03/02/202504/02/2025

TAAG Angola Airlines has expanded its fleet with the addition of its first Boeing 787-9 Dreamliner, bearing serial number 66877. This aircraft is equipped with GEnx-1B engines and is leased from AerCap.

FlySafair Faces Compliance Issue with South African Foreign Ownership Regulations

ByAdmin 05/11/202407/11/2024

FlySafair, a low-cost airline based in South Africa, is currently under scrutiny from the International Air Services Council (IASC) for non-compliance with local regulations regarding foreign ownership. According to the IASC, FlySafair’s current ownership structure does not align with South Africa’s regulatory limits on foreign ownership for domestic airlines. This compliance issue poses a potential…

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