Chrono Aviation, a Canadian charter airline, has been granted protection under the Companies’ Creditors Arrangement Act (CCAA) by the Superior Court of Quebec, a move that allows the company to restructure its debts and explore options for financial recovery.
Please SUBSCRIBE to view the full content.
First month of membership is free!
LATAM Airlines Chile is set to further modernize its fleet with the upcoming delivery of a new Airbus A320neo, continuing its commitment to operational efficiency and sustainability. The aircraft, carrying manufacturer serial number (MSN) 12714 and registration CC-BHK, is powered by a pair of Pratt & Whitney PW1127G geared turbofan engines, recognized for their advanced fuel efficiency and reduced environmental footprint.
EgyptAir Holding Company, under the leadership of chairman Yehia Zakaria, has unveiled ambitious plans to expand its fleet to 125 aircraft over the next five years. The airline’s growth strategy aligns with its target to serve 22 million passengers annually by 2028.
South African Airways (SAA) has presented a comprehensive five-year corporate turnaround plan to the South African government, aiming to stabilize and reposition the national carrier. The plan outlines a two-phase strategy that includes securing a US$120.8 million investment facility and attracting a strategic equity partner to ensure long-term viability.
Frontier Airlines, a major U.S.-based low-cost carrier, continued to strengthen its fleet strategy during the first quarter of 2025 by extending 14 aircraft leases that were originally scheduled to end in 2026 and 2027. This strategic move reflects the airline’s focus on maintaining operational continuity and avoiding short-term capacity gaps amid increasing demand projections.
Israel’s Aviation Services Law amendment, which aims to reduce passenger compensation, has successfully passed its first reading in the Knesset. This legislative change is viewed as a favorable move by international airlines, many of which have been hesitant to resume flights to Israel due to the stringent compensation rules currently in place.
Vietnam Airlines is seeking to bolster its financial standing through a proposed share issuance plan aimed at raising capital from existing shareholders. Lawmakers in Vietnam are currently evaluating options to facilitate this initiative, which could significantly strengthen the national carrier’s fiscal resilience and operational capabilities.
