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So far Jacob Agnew has created 50 blog entries.

Ryanair Issues €750m Eurobond

Ryanair returned to the borrowing markets today issuing €750 million in bonds. On the 8th of February 2017, Ryanair announced that it has issued a 6.5 year, €750 million ($800.53 million), Eurobond at a fixed coupon of 1.125%. Ryanair is rated BBB+ (stable) by both Standard & Poor’s and Fitch Ratings. These ratings reflect the [...]

By |October 19th, 2017|Airlines|0 Comments

Alitalia Administrators Confirm Seven Binding Offers for the Carrier 

Administrators of the Italian carrier Alitalia have received seven binding offers for acquiring assets of the airline. The deadline for entering bids was October 16.  The special commissioners of Alitalia will now review the seven envelopes that were received at the Atlante Cerasi associate notary’s office in Rome.  So far, we have received confirmation of two companies that [...]

By |October 19th, 2017|News|0 Comments

Airberlin Leaves Oneworld as of October 28 

Insolvent airberlin will leave the group of Oneworld carriers from October 28, 2017 when the airline ceases operation. The alliance confirmed the news and added that airberlin affiliate NIKI, which joined Oneworld in March 2012 together with airberlin, will cease flying for the alliance as of the same date.  The oneworld alliance will continue its operation in more than 1,000 airports in nearly 160 countries [...]

By |October 19th, 2017|News|0 Comments

Monarch Airlines Files for Insolvency 

The privately-owned Monarch Airlines has collapsed and filed for insolvency. The act has left the UK Civil Aviation Authority (CAA) looking for replacement flight for nearly 110,000 customers.  According to Chris Grayling, Transport Secretary, the CAA will need to charter about 30 aircraft in order to compensate for the airline's collapse.   All five businesses under the Monarch Group: Monarch Airlines, Monarch [...]

By |October 19th, 2017|News|0 Comments

This Week’s New Routes Review 

Several companies have launched new routes this week – from October 10 to October 16 – making the world destinations even more closer. Here is a list of the inaugural services:  SA Airlink has become the first-ever carrier to begin scheduled services to St. Helena (HLE) beginning a weekly (Saturdays) E190-operated 3,686-kilometre connection from Johannesburg (JNB), a route that operates via [...]

By |October 19th, 2017|News|0 Comments

Thomas Cook Launches a Majorca-based Airline 

Thomas Cook launched a new European airline based in Majorca. The company, which currently operates airlines in Germany, the UK and Scandinavia, applied for a new Airline Operator Certificate (AOC) in Majorca with the aim of scheduling the first flights from early 2018.  The new airline will have a base in Majorca and bear the name Thomas Cook Airlines [...]

By |October 19th, 2017|News|0 Comments

Southwest Airlines Gave Up Two Slots at Mexico City’s Airport at no Cost 

Southwest Airlines decided to give up two of its four slots at Mexico City’s Airport as it decides to shift its focus to more leisure-friendly destinations.  The Dallas-based airline won the four additional spots for takeoff and landing rights earlier this year after Delta Airlines and Aeromexico were forced to give them up. Two of Southwest’s four slots were used to add flights from Houston. The other two [...]

By |October 19th, 2017|News|0 Comments

Embraer Confirms April 2018 as a Delivery Date for First E190-E2 

During a press briefing in Athens, Greece, Embraer confirmed that the delivery date of the first E190-E2 will be April 2018. The aircraft's launch operator is Widerøe, the largest regional airline in Scandinavia.   Widerøe are expected to begin flights with the E190-E2 shortly after it is delivered. The airline is going to configure the jet into a single-class aircraft seating 114 passengers.   “Since the [...]

By |October 19th, 2017|News|0 Comments

Hawaiian Regional Carrier Island Air Filed for Chapter 11 Bankruptcy Protection 

Hawaii's Island Air filed for Chapter 11 bankruptcy protection on October 16. The step was necessary since the carrier is threatened to lose all its leased aircraft.  According to the carrier's statement during a negotiation process of the lease contract for its fleet the lessor served them with a notice of termination of the leases and demanded [...]

By |October 18th, 2017|News|0 Comments

Comlux Awarded First Cabin Outfitting Contract for Boeing Business Jet Max 8 

Comlux Completion, the US branch of maintenance, repair and overhaul services of business aviation provider Comlux, has received its first contract for cabin outfitting of a Boeing Business Jet Max 8.  The business jet is expected to arrive at the Comlux facility in Indianapolis, Indiana in the fourth quarter of 2018. The VIP airliner is expected to be ready for redelivery by mid-2019. [...]

By |October 18th, 2017|News|0 Comments
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