Singapore Lessor Avation To Post Net Profit, Moves On From Virgin Australia
Singapore aircraft lessor Avation has successfully placed its last remaining ex-Virgin Australia ATR 72 and is about to receive about five cents in the dollar from the administrators of Virgin…
Australia’s Link Airways Launching Brisbane-Bundaberg Service Against QantasLink, Filling Void Left By Virgin Australia
Australian regional carrier Link Airways is launching a scheduled service from Brisbane to the northern Queensland town of Bundaberg in direct competition against QantasLink. Link Airways says in a statement…
Western Australian Government Subsidizing Regional Airlines
Western Australia’s government is caping the price of regional domestic flights in the state to make air fares more affordable but it also helping regional airlines by subsidizing these air…
Singapore Lessor Avation Still Waiting For Virgin Australia Pay-Out
Virgin Australia went into voluntary administration in early 2020 and was sold later that year to Bain Capital for A$3.5 billion (US$2.3 billion), but some creditors are still waiting to…
Lessor Avation Anticipates Virgin Australia Administrator Will Only Pay Small Fraction Of Monies Owed
Aircraft lessor Avation anticipates it will only receive a fraction of the monies Virgin Australia owes it. Aviation says it had 11 ATR 72s and two Fokker 100s leased to…
Chorus Aviation Has 13 Aircraft Off-Lease
Chorus Aviation’s regional aircraft leasing division has 13 aircraft with no lessee and has received requests from at least 75% of its customers requesting some form of rent relief. “The…