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Kenya Airways Aircraft Transfer to Azorra Aviation Under Review

ByAdmin

Kenya Airways may soon see a change in the ownership structure of two aircraft it currently leases, as Dubai Aerospace Enterprise (DAE) seeks regulatory clearance to sell them to US-based Azorra Aviation. While the deal is pending approval from the Comesa Competition Commission, operational control of the aircraft will remain with Kenya Airways, ensuring no disruption to its current services.

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Silver Airways and Seaborne Virgin Islands Extend Section 1110 Period Amid Chapter 11 Proceedings

ByAdmin

Silver Airways and its subsidiary Seaborne Virgin Islands have been granted approval to extend the 60-day period under Section 1110 of the U.S. Bankruptcy Code as part of their ongoing Chapter 11 restructuring efforts. This extension allows the carriers to maintain control of their aircraft and essential assets, ensuring operational continuitywhile they restructure financially.