Air Transport

By Alan Dron
Democratic Republic of Congo-based Serve Air has ordered its first Aeronautical Engineers Boeing 737-800SF freighter conversion.
Aircraft & Propulsion

IATA added Air Montenegro (one A320/three E195s) as its 306th member.
Air Transport

CHALLENGE AIRLINES took delivery of IAI-converted 767-300ERF (25588; ex-Air Canada); JAT TEHNIKA performed mod.
Air Transport

HIGH RIDGE AVIATION, CT acquired its first aircraft, 737-8 (44312; leased to LYNX AIR), from Aergo Capital.
Air Transport

MARATHON AIRLINES, Greece leased ex-Azul E195 (361) from Azorra for wet-lease to AIR SERBIA.
Air Transport

TEXTRON AVIATION received certification from Brazil for Cessna SkyCourier high-wing twin turboprop (PT6A-65SCs).
Air Transport

GRIFFIN GLOBAL ASSET MANAGEMENT closed 3-year, $525m unsecured revolving credit facility, led by Mizuho Bank.
Air Transport

GARUDA, Indonesia leased two ex-Oman Air 737-800s (40068/44423) from SMBC Aviation Capital.
Air Transport

ELECTRA AIRWAYS, Bulgaria leased ex-SmartLynx A320-200 (1762) with CFM56s from Carlyle Aviation Partners.
Air Transport

AVION EXPRESS leased ex-Global Airways A320-200 (4628) with V2500s from Zephyrus Aviation Capital.
Air Transport

Anna Isabel V Bengzon to Chief Financial Officer of Philippine Airlines.
Air Transport

UNITED AIRLINES is investing $33m to buy 113 acres of land in Denver for expansion, including its pilot training facility.
Air Transport

JETBLUE says it expects to ground four aircraft by end of 2023 due to issues with GTF engines.
Air Transport

AZORES AIRLINES plans in early June to begin weekly Porto-Boston/-JFK/-Toronto (A321neo).
Air Transport

FLYDUBAI agreed to wet-lease (ACMI) four 737-800s from October 17 to April 16 to support current fleet of 79 737s.
Air Transport

By Chen Chuanren
VietJet Air reported an 87% year-on-year revenue jump in the first half of 2023, amounting to VND29.7 trillion ($1.25 billion)—120% above its initial target.
Airlines & Lessors

WESTERN GLOBAL AIRLINES, FL filed for voluntary protection under Chapter 11 with $77m of DIP financing from company founder and certain stakeholders (SPNWS; Aug 4);
Air Transport

JAZEERA AIRWAYS had US$20.4m net income in 1H23 (vs US$23.4m in 1H22) on 26.1% higher revenues; traffic rose 41%.
Air Transport

By Alan Dron
Oman Air has initiated a substantial restructuring that will see the integration of local LCC SalamAir as it seeks to reduce persistent losses.
Airlines & Lessors

AVIANCA GROUP earned $271.3m on $1.1b revenues in 2Q23 and ended quarter with 122 aircraft (109 A320s/13 787s).
Air Transport

Jacqueline Fernandez to Head of Americas, based in Miami, of AerFin.
Air Transport

Christos Limnatitis to Chief Commercial Officer of Cyprus Airways.
Air Transport

FALKO completed 20 aircraft transactions in 2Q23 and ended quarter with portfolio of 264 aircraft on lease to 44 operators.
Air Transport

GEORGIAN AIRLINES is expected to lease 767-300BDSF (25585; ex-Air Canada) with PW4000s from CAM.
Air Transport

SKY ALPS purchased four ex-Air Berlin Dash 8-Q400s (4234/4239/4245/4250) in deal arranged by Airstream Intl. Group.
Air Transport