FLYYO, a Romanian carrier, has achieved a significant milestone by obtaining UK Third Country Operator (TCO) approval. This approval allows FLYYO to operate flights into and out of the United Kingdom, marking an important step in its operational expansion.
Brazil’s Administrative Council for Economic Defense (CADE) has expressed significant concerns over a potential merger between GOL and Azul, two of the country’s leading airlines. While CADE members deem it “almost impossible” to approve the merger without restrictions, they clarified that the proposal does not currently warrant outright rejection.
The Australian government has confirmed plans to acquire the remaining debt of Rex Airlines, valued at $31 million, from investor PAG (Singapore). This move signifies the government’s commitment to supporting the domestic aviation industry and ensuring the financial stability of one of its key regional carriers.
Saudi Arabia’s General Authority of Civil Aviation (GACA) has announced an ambitious plan to transform the Kingdom’s aviation sector through $100 billion in investment opportunities. This transformative initiative is set to position Saudi Arabia as a global aviation hub and a key player in the international market.
The Bahamas and El Salvador have signed a Memorandum of Understanding (MOU) to establish an Air Services Agreement, marking a significant step toward strengthening aviation connections between the two countries.
Air Incheon (South Korea) has submitted an application to the US Department of Transportation (DOT) seeking a foreign air carrier permit and an exemption. The approval would authorize Air Incheon to conduct both scheduled and on-demand charter foreign air transportation between South Korea and the United States.
Argentina’s Civil Aviation Authority (CAA) has initiated the auction of three ex-Austral MD80 aircraft currently in storage. The aircraft include two MD83s, with serial numbers 53117 and 49906, and one MD88, serial 53049. The combined value of the auction is estimated at US$45 million.
Moldova is reportedly considering a ban on the operations of 22 Russian airlines and several carriers from other countries, including Armenia, Kyrgyzstan, and Iran. The move is part of an effort to align Moldova’s aviation policies with international standards and address regulatory concerns surrounding these airlines.
ExpressJet Airlines (US) has faced a significant regulatory setback as the US Department of Transportation (DOT)denied its request for a waiver from the revocation-for-dormancy rule. Additionally, the DOT dismissed the air carrier’s notice to resume operations and formally revoked the certificate authority previously issued to ExpressJet.
Switzerland and the European Union (EU) have reached a landmark agreement in the aviation sector, allowing Swiss airlines to operate domestic routes within the EU. This historic arrangement strengthens the aviation ties between Switzerland and EU member states, fostering enhanced connectivity and competition.
