Air Transport

SPIRIT AIRLINES and FRONTIER amended merger agreement whereby Frontier would pay reverse termination fee of $250m to Spirit if deal is blocked for

SPIRIT AIRLINES sold seventh A320neo (10860) with GTFs to SMBC Aviation Capital for leaseback as part of deal for 14.

AKASA AIR, India has retained Griffin Global Asset Management to arrange sale/leaseback of five 737-8s.

TRANSAT had C$111.6m net loss on C$358m revenues in 2Q22 vs C$103.3m loss on C$7.6m in 2Q21; it has C$515.9m on unrestricted liquidity. It took

IATA reports year-over-year global pax traffic was up 78.7% in April on 45.5% higher capacity; cargo fell 11.2%.

UNIVERSAL HYDROGEN has Connect Airlines (Waltzing Matilda Aviation) contract to retrofit 75 ATR 72-600s with hydrogen powertrains for delivery

Air travel resumed its strong recovery trend in April, despite the Russia-Ukraine war and continuing travel restrictions in China, IATA said June 9.

European sustainable aviation fuel (SAF) manufacturers could produce 1.83 million tons of e-kerosene in 2030, saving about 5 million tons of CO2, but it must be of the right type, according to European campaign group Transport & Environment (T&E).

Airline industry stakeholders have banded together in objecting to the return of a mandatory baggage allowance in Brazil.

South African regional carrier Comair filed for liquidation June 9, after its administrators failed to find the necessary funding to keep the airline going.

While Russian aviation authorities have stopped publishing any commercial aviation statistics from March, recently released—albeit sketchy—data is showing a serious drop in domestic air service.

Airlines serving destinations in Hungary are decrying the imposition of a new passenger departure tax to be imposed by the Hungarian government beginning July 1.

Hawaiian Airlines is partnering with a Hawaii-based energy supply company to investigate the production of sustainable aviation fuel (SAF) locally.

Icelandic startup Niceair’s operations to the UK have been interrupted after its first flight.

Etihad Airways has been recognised in the Airline Passenger Experience (APEX) Passenger Choice Awards.

India’s IndiGo and American Airlines have launched a codeshare agreement on Delhi-Bengaluru and Delhi-Mumbai routes.

Russia’s largest private carrier S7 Airlines has suspended the launch of its low-cost subsidiary as it cannot take delivery of new aircraft.

Air India Express is eying more international connections from second and third tier cities in India as part of a “huge” expansion plan over the next five years.

Vietnamese retail conglomerate IPP Group (IPPG) is hopeful that it will receive its air operator certificate by the end of July, in time for the delivery of the first of four Boeing 737-800BCF freighters on July 25.

Even though China’s borders remain largely closed, the recovery in Southeast Asia is in full swing.

Embraer believes it has identified the right strategy to emerge from the crisis and build a broader industrial portfolio.

Canada’s first private-equity fund dedicated to the aerospace supply chain is targeting $100 million and already has garnered commitments for $77 million, officials said.

The ongoing bidding war over Spirit Airlines has the potential to shape the competitive environment in the U.S. air travel market for years to come.

Spirit Airlines postponed a shareholder vote on whether to merge with Frontier Airlines until June 30, from June 10 previously, allowing additional time for the company’s board to negotiate with Frontier, JetBlue Airways and its own shareholders about the best path forward.

The Nigerian Civil Aviation Authority has granted an air transport license to start-up carrier Nigeria Air, four years after the project was first unveiled at the 2018 Farnborough Airshow.