Some airports say they need the fees to help cover expenses, but the Aircraft Owners and Pilots Association and Experimental Aircraft Association oppose them.
SPIRIT AIRLINES was forced to delay publication of its 3Q24 results until negotiations with bondholders (with respect to restructuring obligations) is completed; any unsuccessful outcome to these talks could force a bankruptcy filing.
GOL had R$830m net loss on R$4.96b revenues in 3Q24 vs R$1.3b loss on R$4.67b in 3Q23; it has 138 737s. It currently plans to submit its reorganization plan to Court by end 2024 and expects to emerge from Chapter 11 by end April 2025.
AVIATION CAPITAL GROUP had $113.8m net profit on $923m revenues in Jan-Sept vs $114.1 on $894m a year ago; it has owned/managed/committed fleet of 514 aircraft and expects to take 12 aircraft (10 MAXs/two A320s) in 4Q24.
Spirit says discussions with bondholders to restructure its debt have “advanced materially” and are continuing, amid reports of a pending bankruptcy filing.
Financial results for the 2024 third quarter (Q3) reveal net profits for two U.S. LCCs, losses for another two budget carriers and a struggling Spirit Airlines.
The plans are part of the new French government’s proposed 2025 budget and would see a tripling of the so-called Solidarity Tax on Airline Tickets (TSBA).
ATR is ceasing work on the STOL version of the ATR 42-600 to focus on upgrades for the turboprop aimed at lowering operating costs for its airline customers.
UK regional startup Ecojet Airlines has launched a £20 million ($25.5 million) capital raise as it works toward securing an AOC from the Civil Aviation Authority.
Vietnam Airlines is planning to make a decision on a firm order for 50 narrowbody aircraft next year and is open to considering all manufacturers, the CEO says.
