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VistaJet Acquires Jet Edge in Consolidation Wave

VistaJet Acquires Jet Edge in Consolidation Wave

by Ernest Arvai | Apr 1, 2022 | Aerospace | 0 comments

Vista Global Holding, based in Dubai, and owner of VistaJet, has agreed to its second major acquisition in 2022, acquiring Jet Edge, a large North American operator.  In business aviation, this is a mega-deal, as Jet Edge, the eighth largest North American operator...
Jet Airways moves forward with restart but unlikely in time for this summer

Jet Airways moves forward with restart but unlikely in time for this summer

by Ajay Awtaney | Mar 17, 2022 | Airlines | 0 comments

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 of the airline intend to sell the...
Consortium commits to funding and reviving Jet Airways

Consortium commits to funding and reviving Jet Airways

by Ajay Awtaney | Dec 22, 2021 | Airlines, Jet Airways | 2 comments

Jet Airways is ready to commence domestic operations, according to the Jalan Kalrock Consortium, the successful resolution applicant of Jet Airways. The Indian airline suspended operations in April 2019 after it ran out of funds. The Consortium has approached the...
SpiceJet and De Havilland settle dispute over Dash 8 order

SpiceJet and De Havilland settle dispute over Dash 8 order

by Ajay Awtaney | Dec 16, 2021 | Airlines, SpiceJet | 0 comments

Indian no-frills carrier SpiceJet has entered into a settlement deal with De Havilland Canada (DHC). The Canadian company had earlier this year taken SpiceJet to UK courts to recover $42.9 million for failing to make pre-delivery payments after ordering 25 Dash-8-400...
Business Jet Impact, the Great Recession or the Pandemic?

Business Jet Impact, the Great Recession or the Pandemic?

by Ernest Arvai | Dec 14, 2021 | Aerospace, Business Aviation | 0 comments

Which was worse for business jets, the Great Recession or the Pandemic?  Looking at business jet operations, it appears that the Great Recession of 2008 was far more impactful on business aviation than the global pandemic.  The following chart shows domestic and total...
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