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Struggling carrier wants €103 million with a seven-year repayment plan
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THE Valencian airline Air Nostrum has asked for a €103 million bailout loan from the Spanish government’s rescue fund.
The company says that it lost €129 million last year because of travel restrictions caused by the coronavirus pandemic.
Air Nostrum started up in 1994 with its main base at Valencia airport with hubs in Barcelona and Madrid.
It operates as a franchise of Iberia under the Iberia Regional label with 91 domestic and international routes.
In 2019, Air Nostrum won the Airline of the Year Gold Award presented by the European Regions Airline Association.
Belavia reveals cost of new aircraft
Photo courtesy of Belavia
MINSK, 16 April (BelTA) – Belavia Director General Igor Cherginets told the ONT TV channel about the cost of the latest aircraft it bought, BelTA informs.
“There is such a notion as ‘a reference value , that is, the value declared by the manufacturer. The actual price depends on what configuration you want. The reference value of Boeing aircraft that are on sale now is about $70-80 million each on average. However, we lease them,” Igor Cherginets said.
He noted that the average age of aircraft operated by the Belavia national air carrier is 9.5 years. “This is an excellent figure,” the director said.
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Belavia accepts delivery of Boeing 737-8
MINSK, 8 April (BelTA) – On 8 April, the Belarusian air carrier Belavia added a Boeing 737-8 to its fleet. The aircraft is the first out of five jets that will be delivered to Belavia in line with its agreement with the leasing company Air Lease Corporation (ALC) signed in July 2018, BelTA learned from Belavia s press service.
Boeing 737-8 jets are equipped with cost effective CFM LEAP-1B engines. Fuel consumption and carbon dioxide emissions are reduced by 16% in comparison with the previous generation 737. Fuel saving results in lower operational costs and smaller impact on the environment.
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