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Kyrgyzstan Introduces Moratorium on Airline Certification to Enhance Aviation Standards

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In a move to elevate aviation standards, Kyrgyz President Sadyr Japarov has signed a decree introducing a moratorium on the registration and issuance of operator certificates for new airlines. This decision aims to strengthen Kyrgyzstan’s national aviation system, bringing it in line with international safety and operational requirements. By temporarily halting new certifications, the government…

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Italy Suspends ITA Airways Stake Sale to Lufthansa Over Price Dispute

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Italy’s Treasury has temporarily suspended the sale of a 41% stake in ITA Airways to Lufthansa due to a price disagreement between the two parties. The deal, originally announced in May 2023, stipulated that Lufthansa would acquire the stake for €325 million, marking a strategic move to strengthen its position in Southern Europe. However, Lufthansa…

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FlySafair Faces Compliance Issue with South African Foreign Ownership Regulations

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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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ANAC Publishes Airworthiness Criteria for Eve Air Mobility’s eVTOL

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Eve Air Mobility, a U.S.-based company specializing in electric vertical takeoff and landing (eVTOL) aircraft, has achieved a significant regulatory milestone with the publication of the final airworthiness criteria for its eVTOL by ANAC, Brazil’s civil aviation authority. This announcement brings Eve Air Mobility closer to certification, marking an essential step in the path toward…

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Gevo Secures $1.46 Billion Loan Guarantee from US DOE for Net-Zero 1 SAF Project

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Gevo, a leading sustainable aviation fuel (SAF) producer in the United States, has secured a conditional loan guarantee of $1.46 billion from the US Department of Energy (DOE) Loan Programs Office. This funding commitment is aimed at supporting Gevo’s Net-Zero 1 SAF project in South Dakota, a key initiative in the company’s efforts to produce…

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Estonia Advances Talks with Investor Lars Thuesen on Sale of Nordic Aviation Group

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The Estonian government has given preliminary approval to proceed with negotiations with aviation investor Lars Thuesen regarding the sale of Nordic Aviation Group and Transpordi Varahaldus, two significant players in Estonia’s aviation sector. This conditional approval allows for the continuation of talks, provided that the Nordic Aviation Group’s board meets specific business performance targets in…

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Aerolineas Argentinas Privatization Draws Interest from GOL, Abra Group, and German Efromovich

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The potential privatization of Aerolineas Argentinas, the national airline of Argentina, is attracting significant interest from key players in the aviation industry. GOL Linhas Aéreas of Brazil, the UK-based Abra Group, and industry veteran German Efromovich are reported to be evaluating the opportunity to invest in the airline. However, before any transactions can take place,…

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Morocco and Embraer Sign MOU for Joint Aerospace Projects

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Morocco has signed a Memorandum of Understanding (MOU) with Brazilian aerospace company Embraer to explore potential joint projects within the Moroccan aerospace industry. This strategic partnership aims to advance collaboration across several areas, including commercial aviation, defense, and emerging fields such as urban air mobility. The agreement aligns with Morocco’s vision to establish itself as…

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Pakistan Receives Single Bid for PIA Stake in Privatization Push

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Pakistan’s government, in its bid to privatize Pakistan International Airlines (PIA), received only one bid from a shortlist of six potential bidders. Blue World City, a major real estate consortium with diversified interests, has emerged as the sole bidder for a 60% stake in PIA. This privatization aligns with Prime Minister Shehbaz Sharif‘s commitments to…