KLM grows regional network
December 12, 2024
KLM Cityhopper will launch flights to Slovenian capital Ljubljana, Exeter in the UK and French city Biarritz in 2025. Ljubljana and Exeter will be served daily from Amsterdam starting 30 March, the SkyTeam carrier says. The route to Biarritz will be operated from 19 April, with daily flights during peak season and twice-weekly service in the winter months.
Breeze receives one A220-300 from SMBC Aviation Capital
December 12, 2024
SMBC Aviation Capital has delivered an Airbus A220-300 to US carrier Breeze Airways. The aircraft, bearing MSN 55318, was handed over at Airbus's US facility in Mobile, Alabama, the lessor indicates in a LinkedIn post. It adds that this is the first of three aircraft it is delivering to Breeze. Fleets data shows that the Utah-based carrier already has 34 A220s in its fleet, along with 15 Embraer E-Jets. It leases 25 of the A220s from AerCap, six from Azorra and three from Jackson Square Aviation. After taking delivery of MSN 55318, Breeze has another 60 A220s on order.
Gol files Chapter 11 reorganisation plan with US bankruptcy court
December 11, 2024
Gol and parent Abra Group have filed an initial proposed reorganisation plan with the US Bankruptcy Court for the Southern District of New York, nearly 11 months after the Brazilian carrier sought Chapter 11 protection. In early November, Gol and Abra agreed terms for a plan-support agreement in connection with the airline's bankruptcy-protection cases. Gol says the proposed reorganisation plan, if approved, would "significantly deleverage its balance sheet by converting into equity, or otherwise extinguishing, up to $1.7 billion of its prepetition funded debt and up to $850 million of other obligations". Additionally, the plan calls for Gol to raise up to $1.85 billion of new capital to support growth following its emergence from Chapter 11, and to "assume its restructured aircraft leases in accordance with agreements with its lessors that have already been negotiated and agreed". Gol in September concluded commercial negotiations with its aircraft and engine lessors, and all the restructuring agreements were approved by the court.