Rex Airlines, Australia’s prominent regional carrier, has announced the sale of its flight school located in southern New South Wales. This sale could generate approximately $17 million, providing Rex with additional financial resources to support its broader operational and expansion plans. The decision reflects Rex’s strategic approach to optimizing its assets and maintaining a strong…
UK-based Falko Regional Aircraft has completed the acquisition of 11 Embraer E-Jets from Nordic Aviation Capital (NAC) of Ireland. This transaction, part of a sale and purchase agreement initially signed in March 2024, includes E175, E190, and E195 models. These regional jets are currently leased to LOT Polish Airlines, a key operator in Europe’s regional…
Air Belgium, currently in receivership, may soon see a revival with serious interest from 16 potential buyers, as confirmed by Bernard Vanham, the appointed liquidation manager. According to CEO Niky Terzakis, four key candidates are expected to submit offers by November 1, 2024. Among these, three are prominent global airlines operating in both passenger and…
