All news – Page 1140
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NewsAirAsia Group seeks to raise up to $600 million by end of 2020
Malaysia’s AirAsia Group is looking to raise up to MYR2.5 billion ($600 million) before the end of the year. The company confirms to Cirium that it is talking to private equity, strategic partners, as well as both local and foreign conglomerates. It plans to raise up to MYR1.5 billion from ...
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NewsEasyJet latest to scale back capacity amid travel restrictions
EasyJet has become the latest European carrier to cut capacity plans in the light of demand being negatively hit by increased travel restrictions.
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NewsIndonesian funding issue re-emerges for KF-X
Financing has again raised its head as an issue with Jakarta’s involvement in the Korea Aerospace Industries (KAI) KF-X/IF-X fighter programme. Indonesia has fallen behind on payments related to the twin-engined fighter again, according to South Korea’s Yonhap news agency, citing sources. KF-X production Jakarta is ...
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NewsChina Eastern unit OTT Airlines seeks regulatory approval
OTT Airlines, the newly-launched subsidiary of China Eastern Airlines, has applied to the Civil Aviation Administration of China (CAAC) for regulatory approval to commence operations. The CAAC discloses that OTT was established with registered capital of CNY1.5 billion ($219 million) and is solely funded by China Eastern. Source: ...
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NewsFAA launches probe into 787 production issues
The US Federal Aviation Administration has launched an investigation into manufacturing issues that could affect some Boeing 787s, as ANA confirms that Boeing asked it to ground one 787-10. “The Federal Aviation Administration is investigating manufacturing flaws affecting certain Boeing 787 jetliners,” says the FAA. “The agency continues to ...
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NewsA220 operators told to protect avionics against rainfall
Airbus A220 operators are being instructed to modify drain tubing after an incident in which rainwater dripped into the avionics bay and tripped a circuit breaker during taxi, causing an engine to shut down. Rain had entered the aircraft through the main cabin entry door while it was open, according ...
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NewsUK to set out ‘aviation recovery strategy’ this autumn
UK ministers intend to publish an ”aviation recovery plan” this autumn setting out how they will get the sector back on track, as industry stakeholders continue to press for action amid the stalled restoration of passenger services.
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OpinionHow career ‘flightplan’ will help crews navigate downturn
Modern airliner design is based on redundancy of safety-critical components like hydraulic or electrical systems. For now, you will also find two pilots in the cockpit for much the same reason. Highly trained, constantly checked and equipped with a myriad of skills, pilots are having a hard time of it at present. But it is worth remembering that some of these skills – leadership, complex problem solving, communication – are entirely transferable and highly sought-after.
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NewsTAP awarded first €500 million of state rescue loan
TAP Portugal has received just under €500 million ($591 million) of its potential €1.2 billion state rescue loan from the Portuguese government, the airline has disclosed. In June, the European Commission approved Portugal’s plan to lend the carrier up to €1.2 billion to help address “immediate liquidity needs” arising from ...
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NewsSupersonic passenger aircraft research in line for Russian federal grant
Creation of a Russian supersonic passenger aircraft research centre has been selected for funding by the federal government. The aim of the scientific centre is to establish a world-class technological knowledge base for conceptual design and aerodynamic analysis of an aircraft with low sonic boom. This work on key technological ...
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NewsBOC Aviation sues AirAsia X over $23 million of lease debts
Singapore-based lessor BOC Aviation has filed a claim in a London court against AirAsia X for nearly $23 million due, pertaining to the lease of four aircraft. AirAsia X and its indirect wholly-owned subsidiary AAX Leasing Two received on 25 August a letter dated 19 August from the lessor, the ...
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NewsEU-China bilateral safety agreement comes into effect
A bilateral safety agreement between European and Chinese aviation regulators came into effect on 1 September, paving the way for simpler evaluation and certification processes for airframers of the two regions. The European Union Aviation Safety Agency says it held a joint meeting with its Chinese counterparts on 3 September, ...
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NewsState to be inactive El Al shareholder after rights issue
Israel’s government does not intend to exercise the voting rights of shares in El Al which it plans to acquire as part of a refinancing of the troubled flag-carrier. The ministry of finance, in a 4 September communication to the carrier, has detailed its role in a share issue to ...
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NewsUAE start-up Wizz Air Abu Dhabi receives first aircraft
Wizz Air’s new Abu Dhabi division has received its first aircraft, an Airbus A321neo registered in the United Arab Emirates. The aircraft (A6-WZB), fitted with Pratt & Whitney PW1100G engines, was originally ordered by Wizz Air but underwent a sale-and-leaseback through Singapore’s BOC Aviation. It carries a livery similar to ...
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In depthHow Lockheed Martin plans to speed up sales with commoditised F-16
The jet is already the most popular combat aircraft in the world, with 2,280 examples in service at the end of 2019. Yet, Lockheed Martin believes it can sell even more – faster – with the help of a new base model configuration.
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NewsStobart confirms Falko among possible buyers for regional unit
Stobart Group has confirmed it is in ‘early stage’ discussions with a number of parties including Falko Regional Aircraft over the possible sale of its regional arm Stobart Air and aircraft lessor Propius.
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NewsEC clears €200m Italian aid for Alitalia
A direct government grant of almost €200 million ($236 million) to Alitalia has been approved by the European Commission to compensate the airline for damage caused by the Covid-19 pandemic.
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NewsUnited to expand October schedule to 40% of normal
United Airlines says it is expanding its October schedule to about 40% of normal, adding domestic and international destinations in order to try to profit from customers’ pent-up demand after months of shelter-in-place.
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NewsDe Havilland freighter conversions approved through mid-2021
Transport Canada, the Canadian governmentt’s transportation regulator, has confirmed the extension of approvals for De Havilland Aircraft Canada Dash 8 turboprop Simplified Package Freighter (SPF) conversions through the end of July 2021.
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OpinionBusiness aviation boom? Data says otherwise
Do not believe the hype. The crisis has not been as much of a boom for the sector as some operators would have you believe, argues Brian Foley