AirlinesAirAsia buys used Global Express from Caterham JetAirAsia has purchased a used Bombardier Global Express business jet from Caterham Jet Global for use as an executive transport. The aircraft, registered 9M-CJG, was bought for $10 million, and will be used by AirAsia group chief executive Tony Fernandes and executive chairman Kamarudin Meranun for the "purpose of executive efficiency".
LinkAir Astana looks to dual-offering IPOKazakhstan flag carrier Air Astana is eyeing a double listing for an initial public offering (IPO) in 2018, with one in Kazakhstan and one in London, Hong Kong or Singapore. Air Astana CEO Peter Foster said the carrier is in the process of selecting a financial consultant to help launch the IPO.
LinkAir France pilots cancel June 24-27 walkoutStrike action planned by Air France pilots for June 24-27 has been canceled, although a national strike could still disrupt air traffic control services on June 23. “The call for strike action issued by several Air France pilot unions, for the period from 24 to 27 June 2016 has been lifted on June 21 by two majority unions. Therefore, we plan to operate all our flights on those four days,” Air France said in a statement.
LinkAllegiant Air, pilots reach tentative agreementLas Vegas-based low-cost carrier Allegiant Air and its pilots, represented by the International Brotherhood of Teamsters, have reached a tentative contract agreement, after more than three years of negotiations. The tentative agreement includes significant compensation, retirement and medical benefit increases, improved scheduling rules and procedures, strong job protections, and other important work rule enhancements. A ratification vote is expected in late July.
LinkBritish Airways Cancels Sharm el-Sheikh Winter FlightsBritish Airways has extended its suspension of flights to the Egyptian resort of Sharm el-Sheikh indefinitely, becoming the first major UK airline to cancel departures for the winter season in Egypt. British and Russian governments banned their airlines from flying to Sharm el-Sheikh, a popular winter sun destination, because of concerns about security at the local airport after the suspected bombing of a Russian passenger jet in October 2015 killed all 224 people on board.
LinkFedEx firms six Boeing 767F options valued at $1.2 billionMemphis-based FedEx Corp. has converted six Boeing 767-300 freighter options to firm orders for delivery to its FedEx Express unit between June 1, 2019 and May 31, 2020. The six aircraft are valued at just under $1.2 billion at list prices. The firming of six options follows last year’s FedEx order for 50 767-300Fs plus 50 options, and brings the total number of 767-300Fs it has ordered to 112, 33 of which are already in service with the cargo delivery giant.
LinkPoor Weather Delays Search For MH370Rough seas and strong winds have delayed the search for Malaysia Airlines flight MH370 in the Indian Ocean, prolonging the search until August, investigators said. The search had been scheduled to be completed by mid-year. Australian officials, who are leading the search, said in a statement that more than 105,000 sq km (40,540 sq miles) had been covered in the 120,000 sq km search zone.
LinkRoyal Jordanian names new chairmanMiddle Eastern carrier Royal Jordanian has named Saeed Samih Darwazeh as chairman, succeeding Suleiman Hafez who has held the role since 2014. Darwazeh, a former Jordanian health minister, was appointed during a board meeting on June 21.
LinkBelgium’s VLM Airlines files for bankruptcyBelgian regional VLM Airlines has confirmed it has filed for bankruptcy. “All flights are canceled with immediate effect,” VLM said in a statement June 22. The carrier had filed a formal application in May asking for creditor protection for six months to avoid bankruptcy. However, the company said it did not have enough time in those six months to compensate for the number of pilots who left the carrier and bring in additional financial resources.
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