ARC NEWS
SpiceJet chair and Sky One lodge bids for Go First
February 19, 2024
SpiceJet chairman Ajay Singh and UAE-based aviation services company Sky One have confirmed that they have submitted bids to buy grounded Indian carrier Go First. Singh and Busy Bee Airways submitted their joint bid on 16 February to the resolution professional (RP) managing the sale process for Go First. SpiceJet says in a statement that Singh's bid is "in his personal capacity", but if successful will seek synergies between the two companies by acting as Go First's "operating partner". "I firmly believe that GoFirst holds immense potential and can be revitalized to work in close synergy with SpiceJet, benefiting both carriers," Singh says. "Apart from coveted slots at domestic and international airports, international traffic rights, and an order for over 100 Airbus [A320]Neo planes, GoFirst is a trusted and valued brand among flyers." Singh's partner in the bid, Busy Bee Airways, is reportedly controlled by the chief executive of online travel agency EaseMyTrip, Nishant Pitti. Separately, Sky One chairman Jaideep Mirchandani confirmed that it has submitted its bid for qualification by the committee of creditors. "The prospects of growth in India are a big reason for exploring the acquisition," says Mirchandani. "GoFirst comes with coveted slots at domestic and international airports, international traffic rights and a substantial user base, which makes it a reliable bet for us." Headquartered in Sharjah, Sky One offers fixed-wing and helicopter charter services, asset management and aviation consultancy, while it also has a six-bay MRO facility in Fujairah. The surfacing of the two bids are the first tangible sign in months that the dormant airline, which entered into insolvency in May 2023, may end up being rescued by external investors. If either bid succeeds, however, it appears that the airline may struggle to acquire aircraft, with most of the lessors that leased aircraft to Go First seeking to repossess their jets. Photographs from previous court action by those lessors have shown some Go First aircraft missing significant parts and in a generally poor state, despite court orders on the RP ordering it to keep up maintenance and allow lessors to periodically inspect their aircraft.


Alaska flight attendants vote in favour of strike authorisation
February 16, 2024
Flight attendants at Alaska Airlines have voted nearly unanimously to authorise a strike. 99.5% voted in favour, with 93.5% participating, on a strike authorisation should management fail to agree "significant improvements", according to the Association of Flight Attendants-CWA. Alaska's flight attendants have not gone on strike since 1993, according to the union. The vote does not mean a strike will necessarily happen. "Alaska flight attendants are fired up and ready to go," states AFA International president Sara Nelson. "You can't fly without flight attendants. If Alaska management doesn't remember what happens when you disrespect flight attendants, we are ready to show them. It's past time for a fair deal." Now that members have authorised a strike, the union can request a release from the National Mediation Board (NMB) leading to a 30-day "cooling off" period and strike deadline, the union says. It adds that under its strike strategy, the union decides "when, where and how to strike without notice to management or passengers". Alaska Airlines, meanwhile, states that the vote "does not mean our flight attendants are on strike or about to strike" and is optimistic of reaching a deal before there is the possibility that its operations will be impacted. "With six recently closed labor deals at the company and a tentative agreement reached in January for a new contract for our technicians, we’re hopeful to do the same for our flight attendants as soon as possible," it adds.


FAA awards third batch of US airport Infrastructure Law grants
February 16, 2024
The Federal Aviation Administration is granting a total $970 million to 114 US airports in 2024, the third annual awarding of funds to airports under the US Infrastructure Investment and Jobs Act signed into law by US president Joe Biden in November 2021. The $970 million follows nearly $2 billion for airport terminals announced over the past two years, the FAA states. The 2021 law – also known as the Bipartisan Infrastructure Law – awards $550 billion during fiscal years 2022-2026 in new US investment in infrastructure, including in roads, bridges, mass transit, water infrastructure and broadband. A total of $5 billion of the total funding has been allocated ($1 billion annually from 2022-2026) to provide competitive grants for airport terminal development projects that address aging infrastructure. "Under this administration, we are doing more to improve the travel experience than ever before, from expanding consumer protections to modernising the physical infrastructure," US Transportation secretary Pete Buttigieg stated on 15 February. "These investments we're announcing today, made possible by President Biden’s historic infrastructure package, will make it easier for passengers to get to and through airports, create jobs, and increase safety for all." Among the airports designated for grants in 2024, Washington Dulles, Salt Lake City International and Hector International in Fargo, North Dakota will receive funds to build new terminals or expand existing facilities. Chicago O'Hare, Denver International and Kahului airport in Hawaii, among other airports, will receive grants intended to enhance the passenger experience by improving security-screening areas, updating baggage systems and increasing accessibility for passengers with disabilities.


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