50 SKY SHADES - World aviation news

Syphax Airlines resume operations this week

Download: Printable PDF Date: 14 Sep 2015 16:07 (UTC) category:
Publisher:
Syphax Airlines resume operations this week - Airlines publisher
Dana Ermolenko

Syphax Airlines is to resume operations after securing TND20 million (USD10.17 million) in recapitalisation funding, ch-aviation reports.

Hatem Chabchoub, CEO of Syphax, stated that flights would resume this week with service to Istanbul Atatürk and Jeddah.
Syphax founder Mohamed Frikha said the funds will be used to settle outstanding staff salaries and reimburse travellers whose flights were cancelled in July.
Frikha blames the airline’s financial issues on its perceived links with Tunisia’s Ennahda Islamist movement and the Libyan crisis wherein a large amount of its business originated from Libyan businessmen. 




Recommended

German aviation reaches new milestone as Deutsche Aircraft opens D328eco® Final Assembly Line

A new era for German aerospace began today as Deutsche Aircraft officially opened its Final Assembly Line (FAL) at Leipzig/Halle Airport. Joined by senior government representatives Christian Hirte an...

Textron Aviation helps shape tomorrow’s workforce through Kansas’ first aviation youth apprenticeship initiative

As the first aviation company in Kansas to introduce state-registered youth apprenticeships through the Kansas Office of Apprenticeships, Textron Aviation is taking a leading role in workforce develop...

ATP Flight School hosts Alumni Career Expo featuring 20 airline and industry partners

On October 1, ATP Flight School will welcome nearly 500 aspiring airline pilots to its Arlington, Texas training center for an exclusive career expo featuring 20 airline and industry partners. Attende...

GE Aerospace names FL Technics Indonesia as first MRO partner for avionics support

FL Technics Indonesia, the first MRO in Indonesia to be appointed as a GE Aerospace avionics support partner, has signed a service support agreement with GE Aerospace covering Boeing 737 and Airbus A3...

Android Apps development in Riga, Latvia