Paddle Your Own Kanoo
• Mateusz Maszczynski
A co-founder of 777 Partners pleaded guilty to wire and securities fraud, after prosecutors alleged the private equity firm lacked the funds it claimed were available for investments in airlines and sports teams. The firm was behind two low-cost airlines, making the case relevant to its aviation investments and their financial backing.
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SAS commercial chief Paul Verhagen says the carrier expects new widebodies to create a step change in its global long-haul network, adding both reach and depth. The plan follows an earlier deal for up to 40 Airbus aircraft to bolster the Scandinavian airline’s widebody fleet.
A security consultant says cancellations, diversions and longer routings are mounting as airlines face shrinking options between Europe and Asia. The restrictions arrive at a difficult time for carriers, adding pressure to route planning across a key corridor, though the reports provide no specific figures on affected flights or costs.
Condor chief executive Peter Gerber says the airline changed its business model after losing its feeder agreement with Lufthansa Group. He also criticized European airline regulations as Condor pursues a strategy built around combining business and leisure travel.
Brazilian airline GOL Linhas Aéreas Inteligentes has dropped routes to the United States, attributing the decision to fuel costs. The available report does not specify which routes were cut, when the changes take effect or the expected impact on the carrier’s network.
SundAir plans to expand capacity with two Boeing 737-800s supplied under wet-lease agreements by ACMI providers Enter Air and Fly4 Airlines, according to ch-aviation. The aircraft are due to join the German carrier’s fleet from October 2026.
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A co-founder of 777 Partners pleaded guilty to wire and securities fraud, after prosecutors alleged the private equity firm lacked the funds it claimed were available for investments in airlines and sports teams. The firm was behind two low-cost airlines, making the case relevant to its aviation investments and their financial backing.
Egyptian carrier flyplus has added another Airbus A320-200 on wet lease from Kuwait’s Jazeera Airways. Aircraft 9K-CAO, manufacturer serial number 6124, entered service on Oct. 1, 2026, adding capacity without flyplus taking the aircraft onto its own operating certificate or fleet ownership.
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