The Ecuadorian Government will sell 50.1% of flag carrier Ecuatoriana on 27 July through the local stock exchange. A further 24.9% will be sold through the stock exchange within 180 days of privatisation. The Government will keep a 25% stake in the airline, which is debt-free with assets of $15 million, including a McDonnell Douglas DC-10. Ecuatoriana ceased operations in 1993. Its routes were taken over by SAETA.
Source: Flight International
Airbus is looking to obtain higher-weight certifications for its A321XLR over the next three months, as it works on the individual enhancements required by early operators of the long-range twinjet. The airframer secured European Union Aviation Safety Agency approval for the basic version – with a 97t maximum take-off weight ...
Keep track of the commercial aircraft order announcements made at this year’s Farnborough air show
Delta Air Lines is expecting a return to normal operations following a multi-day struggle related to the global IT outage caused by CrowdStrike.
