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Showing posts with label Jetlink Express. Show all posts
Showing posts with label Jetlink Express. Show all posts

Tuesday, September 10, 2013

► FLEET UPDATE BULLETIN: Air Burkina, Malu Aviation, Skyward Int'l, Jetlink Express, Air Madagascar, Ethiopian Airlines Cargo, Mango, Sahara African Aviation, SKA Aircraft Leasing.

The following is a fleet update bulletin for aircraft that are in use, have been in use or will be in use for these listed airlines: Ethiopian Airlines Cargo, Mango, Sahara African Aviation, SKA Aircraft Leasing, Air Burkina, Malu Aviation, Skyward International Aviation, Jetlink Express, Air Madagascar.

Tuesday, July 23, 2013

■ KENYA: So close yet so far as Jetlink Express struggles to sell its recovery plan to all its creditors.

Jetlink ExpressKenya's Jetlink Express (J0), grounded since November last year, has managed to convince 70% of its unpaid creditors to accept a business recovery proposal which would see the Kenyan domestic and regional carrier back in operations come October 1, though one, Kenya's Equity Bank, has remained adamant that it wants to see the bankrupt airline wound up and its debt of USD8.1million settled forthwith.

Wednesday, June 12, 2013

■ KENYA: Jetlink Express pitches debt-restructuring deal to creditors as means of returning to operations.

Jetlink ExpressJetlink Express (J0), the bankrupt Kenyan regional operator, has attempted to offer its various creditors shares in a recovery plan, set to be funded by CFC Stanbic Bank.

Tuesday, May 7, 2013

■ KENYA: Jetlink Express faces liquidation as FineJet takes it to court over $1.2million in unpaid fuel bills.

Jetlink ExpressBankrupt Kenyan regional operator, Jetlink Express (J0), grounded since November owing to a liquidity crunch, is facing an uncertain future as reports out of Nairobi state that fuel supplier, FineJet, is seeking to have the company wound up following its failure to settle outstanding fuel bills that amount to USD1.2million (KES10million).

Monday, January 28, 2013

► KENYA: fastjet in talks to "partner" Jetlink Express; refutes allegations it owes money to Fly540 founder.

fastjetJetlink ExpressThe "investors" bankrupt Kenyan regional operator, Jetlink Express (J0), mentioned have turned out to be none other than fastjet (FN). In a scenario that resembles its ongoing battle to acquire defunct South African LCC 1Time (T6), fastjet has mentioned that its interest in Jetlink revolves around the latter "owning the traffic rights for all local destinations, as well as a number of regional routes."


Thursday, January 3, 2013

► KENYA: Jetlink Express hoping to resume ops by 31 March.

Jetlink ExpressNews reports out of Kenya state that bankrupt Kenyan regional operator, Jetlink Express (J0), grounded since November owing to a liquidity crunch, could resume operations by the end of March, if talks with potential investors come through.

Monday, November 26, 2012

■ KENYA: Jetlink Express bankruptcy sucks in Ministers as creditors go to court.

Jetlink ExpressBankrupt Kenyan regional operator, Jetlink Express (J0), grounded since 16 November due to the inaccessibility of USD2million worth of funds currently locked up in South Sudan, has suffered yet another blow as creditors have begun to move in to secure their interests.

Friday, November 16, 2012

► KENYA: Jetlink Express ceases operations citing South Sudanese forex crunch.

Jetlink ExpressCiting "an inability to access USD2million (KES171million) worth of funds tied up in South Sudan", Kenya's Jetlink Express (J0) has announced that effective today, Friday 16 November 2012, it is suspending operations.