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AnalysisLandmark Taiwan MQ-9 sale would vex Beijing
A reported US plan to sell the General Atomics MQ-9 unmanned air vehicle (UAV) to Taiwan will complicate Beijing’s incessant prodding of the island’s defences. Media reports indicate that the value of the potential Reaper sale is $400 million, part of an overall package worth $3 billion. Based on ...
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AirAsia Group carriers weigh up Covid-19 measures
AirAsia Group carriers are seeking cash and eyeing tough restructuring measures as they grapple with the effects of the Covid-19 pandemic. The group’s low-cost long-haul arm, AirAsia X has “run out of money” and needs fresh capital, newly appointed deputy chairman Lim Kian Onn told Malaysian paper The Star ...
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Jet Airways could fly again in four to six months
India’s Jet Airways could be flying again in as little as four to six months after its creditors approved a bid from entrepreneur Murari Lal Jalan and asset management firm Kalrock. “The expectation is that in the next four to six months one should be able to see Jet ...
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Icelandair plans for 30% capacity cut in summer 2021 schedule
Icelandair is expecting to operate a summer 2021 schedule with capacity down by 25-30% compared with last year. It is planning to serve 32 destinations – among them the Canary Islands resort of Tenerife, which is a new route for the carrier. Twenty-two of the destinations will be ...
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China Express details delivery schedule of initial 50 domestic jets
China Express Airlines has detailed its agreement to take 100 domestically-built jets, with at least 50 set to be Comac ARJ21s. It had previously disclosed, in June, provisional plans to acquire a mix of ARJ21s and Comac C919s. China Express says that “all or part” of the balance ...
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US start-up GlobalX tentatively signs for Vallair A321 freighters
US company Global Crossing Airlines is intending to lease 10 converted Airbus A321 freighters from the asset management specialist Vallair, the launch customer for the modification. Vallair says the preliminary agreement – still a letter of intent – is the “most significant deal” for the narrowbody freighter. Miami-based ...
