ch-aviation News

SA Express Wind-Up Nears End, Brand Value $10k

South African Express, the state‑owned carrier, is set to complete its liquidation by April 2026, six years after entering provisional liquidation. The liquidators have recovered movable assets, tax refunds and interest, leaving a free residue of roughly ZAR 3.7 million for distribution....

LAM Mozambique Faces Five Criminal Probes

Mozambique’s flag carrier LAM is facing five separate criminal investigations into alleged mis‑management, corruption and embezzlement. Probes cover irregular aircraft sales, a questionable lease of a B737‑300F freighter, a suspect MoU with South African consultancy Fly Modern Ark, and inflated...

Uganda Airlines Hunts Short-Term ACMI While A330s Are AOG

Uganda Airlines announced that its two Airbus A330‑800 long‑haul jets are out of service due to unscheduled maintenance, prompting the carrier to hunt for a short‑term wet‑lease to keep intercontinental routes operational. The grounding affects flights to London Gatwick, Mumbai,...

Arif Habib Consortium to Acquire Full Control of PIA

Pakistan International Airlines (PIA) is set to come under the full ownership of the Arif Habib consortium, which will acquire the remaining government‑held shares. The deal follows months of negotiations and aims to consolidate the airline’s fragmented ownership structure. With...

Arif Habib Consortium to Acquire Full Control of Pakistan International Airlines

Arif Habib consortium announced plans to acquire full control of Pakistan International Airlines (PIA), taking the airline private. The terms of the transaction were not disclosed.

Libya's Berniq Airways Inks $238mn Capital Increase

PNG's Air Niugini Cancels Its B787-8 Order

Air Niugini has cancelled its order for two Boeing 787‑8 jets, leaving a gap as its aging B767‑300ERs are set to leave service in 2026. The 787s were intended to replace those wide‑bodies and support new routes to Asia, Australia...

Berniq Airways Secures $238mn Capital Increase

Libya's Berniq Airways announced a $238 million capital increase to fund fleet expansion and strengthen its balance sheet. The fundraising, reported on Feb 18, 2026, aims to support the airline's growth in the region.

US’s Spirit Airlines Seeks Approval to Sell 20 Aircraft

Spirit Aviation Holdings, the parent of Spirit Airlines, has asked the Chapter 11 court to approve the sale of 20 Airbus aircraft—13 A320‑200s and 7 A321‑200s—to raise at least $533 million. The auction is scheduled for April 20, 2026, with CSDS Asset Management...

Spirit Aviation Holdings Seeks $533M Sale of 20 Aircraft to CSDS Asset Management

Spirit Aviation Holdings, the parent of Spirit Airlines, has filed for court approval to sell 20 Airbus aircraft for at least USD 533 million. The stalking-horse buyer is CSDS Asset Management LLC, with an auction set for 20 April 2026....

Brazil’s GOL to Return Two Brand-New B737-8s

Brazilian carrier GOL announced the acquisition of two brand‑new Boeing 737‑8 aircraft, the latest variant of the 737 MAX family. The jets are slated for delivery in the third quarter of 2024 and will replace aging 737‑700s currently in service....

Chad's Royal Airways Eyes Subsidiary in Cameroon

Royal Airways, Chad's emerging carrier, announced plans to launch a subsidiary in Cameroon, marking its first foray beyond national borders. The move targets the Central African market, leveraging the airline's existing ATR42‑300 fleet for regional routes. International operations are projected...

Nigeria's Fly Elite Adds First Bombardier Aircraft

Fly Elite, a Lagos‑based aircraft management specialist, has added its first Bombardier Challenger 604 to its fleet, marking the company’s entry into the larger business‑jet segment. The 2004‑built jet, configured for up to ten passengers, completed its inaugural flight on 10 February,...

Citilink and Pelita Air to Consolidate Under Garuda-Led Holding

Garuda Indonesia is forming a holding company to consolidate its low‑cost carrier Citilink and Pelita Air, aiming to streamline operations and strengthen its market position. The announcement was made on Feb 13, 2026, with no financial terms disclosed.

Republic Airways Issues $51.7M of Shares to United Airlines

Republic Airways announced the issuance of $51.7 million worth of shares to United Airlines, representing a strategic minority stake transfer. The deal aims to strengthen United's regional network while providing Republic with additional capital. The transaction was disclosed on February...

Parent of South Korea's Parata Announces Fundraising to Cover Launch Costs

The parent company of South Korea's launch provider Parata announced plans to raise capital to fund upcoming launch expenses. The fundraising aims to secure the necessary resources for its space launch operations, though the amount and investors were not disclosed.

Cabo Verde Airlines Secures $35mn State Guarantee for Bond

Cabo Verde Airlines announced that it has obtained a $35 million guarantee from the government to back its upcoming bond issuance. The state guarantee will help the airline secure financing for its operations and growth plans.