15 August 2022

SAS may avoid bankruptcy after securing US$700 million in fresh financing

Scandinavian Airlines (SAS) has confirmed that it has entered into an agreement with Apollo Global Management to raise US$700 million which it hopes will enable the stricken carrier to complete its restructuring process under Chapter 11 bankruptcy protection in the U.S. The news comes hot on the heels of an announcement that Norwegian, Danish and […]

SAS may avoid bankruptcy after securing US$700 million in fresh financing Read More »

Malaysia Airlines to acquire 20 A330neos for wide-body fleet renewal

Malaysia Aviation Group (MAG), parent company of Malaysia Airlines, has selected the Airbus A330neo aircraft for the carrier’s wide-body fleet renewal programme. The initial agreements cover the acquisition of 20 A330-900 aircraft, with ten aircraft to be purchased from Airbus and ten to be leased from Dublin-based Avolon. The announcement was made at an event

Malaysia Airlines to acquire 20 A330neos for wide-body fleet renewal Read More »

Qantas Freight to increase domestic fleet with six Airbus A321 aircraft

Qantas Freight will increase its domestic fleet with six Airbus A321 aircraft to meet growing e-commerce demand from its customers. Since the onset of COVID-19, the national carrier’s freight division has seen a step change in cargo volumes driven partly by a structural shift to online shopping. The six A321 freighters, which are expected to

Qantas Freight to increase domestic fleet with six Airbus A321 aircraft Read More »

ORIX Aviation delivers package of 12 B737 MAX 8 aircraft to Sky Leasing

ORIX Aviation has successfully concluded the sale and delivery of a package of twelve B737 MAX 8 (powered by LEAP 1B engines) on behalf of the secured financiers of the aircraft to funds managed by Sky Leasing. Since early 2021 ORIX Aviation has managed all twelve aircraft, overseeing their return from five different locations throughout

ORIX Aviation delivers package of 12 B737 MAX 8 aircraft to Sky Leasing Read More »

Scroll to Top