Today Aeromexico announced it is emerging from its Chapter 11 bankruptcy process in the United States. Moreover, the airline announced it will receive US$1.5 billion in fresh equity from investors and that it will invest approximately US$5 billion in the…
Jet Airways, the Indian carrier which was a partner of Etihad Airways and shut down in 2019, has been charting out its restart strategy since 2021. They indicated that plans were underway, under a new owner to which the creditors…
A peek at Breeze's moxie
Lessor Air Lease Corporation (ALC) says it is making good progress on getting its aircraft back from Russian airlines. “We are making good headways and minimizing our exposure on a weekly basis”, Chairman of the Board Steven Udvar-Hazy said on…
Norse Atlantic Airways is delaying its first services until June, citing uncertainties in international air travel that have been caused by the war in Ukraine. The Norwegian start-up now plans to launch ticket sales to the US in April, it said…
Lessors and Russia: The worst case has come to pass. Despite Russia being a signatory to the Cape Town Treaty that enables the recovery of leased aircraft under normal circumstances, the war in Ukraine has resulted in aircraft leased to…