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Ascend Airways Malaysia Enters Final AOC Phase Ahead Of November Cargo Launch

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Ascend Airways Malaysia has officially entered Phase 4 of the Air Operator Certification (AOC) process and is moving closer to its planned November 2025 launch of cargo operations. The airline’s first freighter aircraft, a Boeing 737-800SF, is scheduled to arrive in Kuala Lumpur in mid-August, a key milestone to complete the final certification stages under the supervision of the Civil Aviation Authority of…

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GetJet Aviation Holdings Posts €25.4M Net Profit For 2024

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GetJet Aviation Holdings, an international aviation services group headquartered in Vilnius, Lithuania, has announced robust financial results for the fiscal year 2024, recording a net profit of €25.4 million. The group’s total revenues reached €184.3 million, underlining its strong performance and strategic diversification in the highly competitive ACMI and aircraft maintenance (MRO) sectors.

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GetJet Aviation Holdings Reports €25.4M Profit Amid Strategic Expansion

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GetJet Aviation Holdings, an integrated aviation services group based in Vilnius, Lithuania, has reported a strong net profit of €25.4 million for the 2024 fiscal year, supported by rapid expansion across key business segments including ACMI leasing, aircraft maintenance (MRO), asset management, and component trading. The group recorded total revenues of €184.3 million, confirming its status as one of the most profitable aviation service…

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Parata Air To Launch Flights In September With A330s And A320s

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Parata Air, a startup airline based in South Korea, is preparing to commence commercial operations in September 2025, following expected approval of its Air Operator Certificate (AOC). The airline will begin with a fleet of four aircraft, comprising both widebody and narrowbody types through leasing arrangements.

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Fly Play Receives Takeover Offer From BBL 212

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Fly Play, the Icelandic low-cost airline, has received a voluntary takeover proposal from BBL 212, a newly formed Icelandic investment group. This group is spearheaded by Einar Orn Olafsson, currently the CEO of PLAY, and Elias Skili Skulason, the airline’s Vice Chairman. The proposed acquisition would see BBL 212 acquire 100% of Fly Play’s shares, reflecting a significant internal consolidation effort to reposition…

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EnComm Aviation Secures AOC, To Add ATP Freighters

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EnComm Aviation, a startup cargo carrier based in Kenya, has officially received its Air Operator Certificate (AOC)from the Kenya Civil Aviation Authority (CAA), clearing the regulatory path for commercial flight operations. The company has also confirmed its intention to introduce ATP freighters into its fleet, targeting underserved regional cargo markets.

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Air Moldova Loses Court Appeal Over AOC Suspension

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Air Moldova, the national carrier of Moldova, has suffered a legal setback after the Centru Court of Appeal rejected its challenge to overturn the suspension of its Air Operator Certificate (AOC). The ruling also upheld a separate lawsuit against the Civil Aviation Authority (CAA), where Air Moldova sought to annul the regulatory provision that led to the grounding of…

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Air Antilles Granted Temporary License After DGCA Revocation

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Air Antilles, the regional airline based in Guadeloupe, has had its operating license revoked by the French Direction Générale de l’Aviation Civile (DGAC). In response, the DGAC has issued the carrier a temporary operating license, which will remain valid until 30 June 2025, providing the airline limited breathing room as it searches for a new financial backer.