The auction of Avianca Brazil assets is scheduled for May 7 after many months of negotiations with creditors. The company’s assets are divided into seven units, which will be sold separately. The units consist mostly of slots at Guarulhos, Congonhas and Santos Dumond airports, which are very attractive for business travelers. The idea is to sell the company in smaller packages to make it more attractive to buyers and create an environment for competition, avoiding the interference of government regulators.…
The Indian aviation market faces more turmoil as state-owned carrier Air India is potentially about to default on just over $1 billion in loans due this financial year which were used for the purchase of aircraft. The news comes in the same week as Jet Airways ceased flight operations after…
India’s beleaguered carrier Jet Airways issued a statement on Wednesday suspending all flight operations. The airline, which had cancelled all international and some domestic services from last week and was left with only five aircraft in service, advised that the State Bank of India (SBI)representing a consortium of Indian lenders…
It is no secret that in a 20-year forecast, one of the driving markets for commercial aviation will be China, with its increasing demand for long-haul and domestic routes. In that scenario, the Boeing 737 MAX's complicated situation has created both a crisis and an opportunity. China was the first…
According to Indonesian publication detikfinance and reported by One Mile at a Time, Garuda Indonesia's CEO has stated that the carrier is set to cancel its order for 49 Boeing 737 MAX, citing "loss of confidence" in the aircraft. "Even if Boeing fixes the MAX 8 system, that passenger confidence…
The future of Italian carrier Alitalia is again under the spotlight as it was announced that easyJet is withdrawing from the process seeking to secure the beleaguered airline’s future. The U.K.-based airline was part of a consortium, which included Delta Air Lines, in discussions with the Italian government’s negotiating partner…
With American Airlines pulling out of Venezuela last week following increased political and social unrest, conceding with the retirement of U.S. diplomatic forces from the country, international outbound connectivity from Venezuela has been halted with very few carriers operating flights out of the country. As an attempt to show how…
Canada announced the decision to ban the Boeing 737 MAX aircraft on Wednesday. A short time later the United States made the same decision with President Trump announcing "all of those planes are grounded effectively immediately." This follows the crash of Ethiopian Airlines flight 302 on Sunday. Boeing shortly after…
While the investigation about the Ethiopian ET302 crash is just starting, there is a strong division between Boeing 737 MAX operators: those who trust the aircraft and those who do not. Either due to an agency mandate or an internal decision, over half of the MAXs delivered are not going…
It has long been acknowledged that aviation has traditionally been a male-dominated industry. A fact recognized by the industry itself which is taking steps to correct the imbalance with a number of initiatives. IATA Director-General Alexandre de Juniac followed the association’s Annual General Meeting in Sydney last year by declaring…
