Cirium
FlightGlobal was, until its acquisition by DVV Media in mid-2019, part of Cirium – a unit of Reed Business Information. FlightGlobal now publishes articles and data sourced from Cirium under a reciprocal content-partnership agreement.
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NewsThai mulls further extension to rehabilitation plan submission
Thai Airways International is considering another extension on the deadline to submit its restructuring plan, this time until the end of February or beginning of March.
- News
PIA to settle out of court $2m dispute on AerCap leases
Pakistan International Airlines (PIA) is in talks to settle out of court $2 million in outstanding aircraft lease payments in relation to two Boeing 777s managed by AerCap.
- News
Nok Air issues RFP for deliveries through 2026: sources
Nok Air has issued a request for proposals for the operating lease of up to 26 aircraft to be delivered between this year and 2026, according to a document seen by Cirium dated 21 January.
- News
Cebu Pacific outlines $250m convertible preferred shares issue
Cebu Pacific has outlined the details of a $250 million stock rights offering, which it intends to use to finance its debt obligations.
- News
Air Baltic certificated for MRO training
Latvian carrier Air Baltic has been approved as maintenance training organisation to qualify aircraft technicians for its own operation and external customers.
- Analysis
The intricacies of managing aircraft storage
The continued high proportion of parked aircraft as a result of the global pandemic creates a range of issues for airlines and maintenance providers to ensure these aircraft remain airworthy and ready for a return to service.
- News
No rush to pick up A320 production: Avolon chief
Airbus should consider holding monthly A320-family production output at 40 aircraft rather than increasing its throughout this year, lessor Avolon’s chief executive opines.
- News
Vietnam tightens rules on in-storage aircraft
The Civil Aviation Authority of Vietnam (CAAV) has issued a directive on aircraft storage and maintenance, requiring that airlines rotate between in-service and stored aircraft every month.
- News
AirAsia Group plans $113 million private placement for cash needs
AirAsia Group is looking to raise MYR454.5 million ($113 million) from a private placement of shares, to meet its cash needs over the next three to 12 months.
- News
Boeing maintenance hangar at Gatwick operational under adjusted plan
Boeing’s maintenance hangar at London Gatwick airport is handling a “steady flow” of customer aircraft despite “much reduced” flying activity amid the pandemic, the airframer tells Cirium.
- News
Restructuring Thai Airways and Asiana offload non-core subsidiaries
Thai Airways International and Asiana Airlines, both undergoing restructuring, have disclosed details about selling off non-core subsidiaries.
- Analysis
SAS leans on domestic markets amid intensifying competition
Large domestic markets have helped ease several carriers through the Covid-19 crisis, as travel restrictions and a fear of moving across borders bolster internal demand within countries with large populations and territories.
- News
Indigo Partners founder banks on vaccine-led airline recovery
The co-founder of Indigo Partners, the private equity firm that holds stakes in several airlines from the USA to Hungary, has expressed his optimism that Covid-19 vaccines will lead to a recovery of leisure and VFR traffic in the second half of this year.
- News
Pandemic forces lessors to rethink risk: panel
The pandemic has upended lessors’ market assumptions more than any crisis in the history of aviation, forcing them to reevaluate their approach to risk, an industry panel of lessors, lenders and remarketers has observed.
- Analysis
AirAsia X restructuring places creditors in a bind
AirAsia X’s debt restructuring negotiations highlight the dilemma creditors face when deciding whether to stand by a struggling airline during the Covid-19 pandemic.
- Analysis
US carriers’ fate hangs on vaccine rollout
US carriers will likely have to slog through the prime summer season and most of 2021 continuing to burn millions in cash daily as they await the herd immunity promised by mass Covid-19 vaccination.
- News
Emirates and Etihad to trial IATA’s Travel Pass
UAE-based carriers Emirates and Etihad will be among the first airlines in the world to use IATA’s Travel Pass app, with trials to begin in the first half of this year.
- News
Boeing more vulnerable to tariffs than Airbus: Udvar-Hazy
Boeing needs to work to resolve the current tariff war with Airbus as the dispute threatens to further erode its market share versus its European competitor, Air Lease executive chairman Steven Udvar-Hazy has argued.
- News
Lease negotiations with Thai reaching ‘critical phase’: AA4
Negotiations between Thai Airways International and one of its lessors Amedeo Air Four Plus (AA4) over the future of four Airbus A350-900s are reaching a “critical phase” as the airline is due to finalise its restructuring plan next month.
- News
SR Technics spins out component services into new unit
Swiss maintenance provider SR Technics has spun out its component support business into a separate entity under new branding, as part of a wider company restructuring.
