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Croatia Airlines And Jat Airways (Serbia) To Decide On Servicing New Routes

posted Jan 26, 2011, 6:22 AM by Elaine Bell
Aviator.aero Daily News - 25 JAN 2011

Croatia Airlines and Jat Airways (Serbia) to decide on servicing new routes between their countries, during week of 31 January 2011. Source_1


Jetscape (US) completes merger and restructuring transaction with M1 Commercial Jets (UK British Virgin Islands), forming new holding company, Jetscape Aviation Group, based in British Virgin Islands and led by John Evans as Chairman and CEO. JAG owned 57 perent by M1 Leasing and 43 percent by Jetscape, with collective shareholders subscribing to US$37 million in new equity capital. Source_1


Aviation Capital Group (US) raised over US$1 billion of senior unsecured debt in 2010. Source_1


Avolon (Ireland) announces additional capital raising of US$465 million, provided by three leading US banks: Wells Fargo Securities, Citi and Morgan Stanley. New facility brings total value of funds raised since May 2010 to in excess of $2.5 billion. Source_1


IATA reports diminishing expectation of profitable 2011, after survey of airline CFOs results in 46 percent in January 2011 versus 60 percent in October 2010 expecting increase in profits during 2011. Source_1


Flybe (UK) takes delivery of its 55th Q400, financed through Export Development Canada guarantees. Next three Q400 deliveries by June 2011. Carrier’s 35 E175s on order to be delivered from June 2011 to 2016, with financing from both export credit and operating leases. Source_1


Skywest (Australia) and Virgin Blue (Australia) reportedly to decide between ATR and Bombardier by end of January 2011 regarding purchase of four new turboprops expected to arrive in mid-2011. Source_1