Bangladeshi airline United Airways under threat of grounding
May 30, 2014
The Civil Aviation Authority of Bangladesh (CAAB) has officially cautioned Bangladesh-based airline, United Airways, that their Air Operators Certificate (AOC) could be suspended if the carrier fails to settle its current debts with the regulatory authority. The airline reportedly owes approximately US$0.99 million in outstanding service charges to the CAAB. The CAAB has subsequently limited the extension of the airline’s AOC to a three month period, rather than the standard 12 month period, in an attempt to recoup the outstanding fees. United Airways has reported consecutive years of positive financial performance over the past several financial periods, suggesting that the airline likely has access to sufficient financial resources to settle the outstanding debts.

Japanese airline Peach reduces services
May 30, 2014
Japanese-based carrier, Peach, has cancelled approximately 448 flights in its northern summer scheduling period from May to June due a flight crew shortage. The airline cited that its reduction in operations during this period was impacted by its inability to source sufficient flight crew to operate the services. The airline later noted that it would likely have to also cancel a further 894 flights in July and August. The airline stated that an unexpected number of its flight crew have taken leave due to health reasons. As a consequence, the airline cannot sufficiently meet the crew requirements in order to operate the airline’s projected summer schedule. The final financial impact of these cancelations will likely not be realised until the airline can return to its anticipated level of operations.

Eznis Airways suspends operations
May 30, 2014
Mongolian-based airline, Eznis Airways, has officially suspended operations. The airline suspended flying operations and ticket sale on the 22nd of May 2014. The airline cited that increasing financial constraints restricted the airline's ability effectively maintain its operations. As a result, the airline has temporarily suspended operations for an undisclosed period of time.


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