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NewsAirAsia X proposes creditors take massive haircut: Reuters
Beleaguered long-haul, low-cost carrier AirAsia X proposes its creditors take a 99.5% debt haircut, so that it can restructure MYR33.7 billion ($8.1 billion) in liabilities.
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Rafael aims to push Spike NLOS missile range to 27nm
Rafael is working to increase the range of its helicopter-launched Spike Non-Line of Sight (NLOS) missile to 27nm (50km), an increase of about 10nm over the air-to-ground weapon’s current capability.
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JD Logistics expects over 100 aircraft by 2030 for cargo carrier
China’s JD Logistics foresees its newly formed cargo airline having at least 100 leased or owned aircraft in its fleet by 2030, the company’s chief executive has told Bloomberg TV.
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Israel’s El Al enters talks over potential acquisition of Arkia
El Al has entered discussions with fellow Israeli carrier Arkia over a possible business combination, the flag-carrier has disclosed. Under the proposed transaction El Al would acquire Arkia shares in exchange for handing its own securities to Arkia shareholders. El Al has not confirmed the size of the transaction or ...
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Embraer partners with Fokker companies in quest for global partners
Embraer and two Fokker companies have agreed to collaborate to advance projects related to commercial and defence aerospace projects, including aftermarket services.
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GKN Aerospace hails opening of new ‘world-class’ Bristol technology centre
GKN Aerospace has officially opened its new Global Technology Centre in Bristol, a £32 million ($44 million) investment designed to prepare the aerostructures provider for work on the next generation of aircraft.
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SAS chief sounds warning on ‘wall of debt’ facing airline industry
The airline industry is “not out of the woods yet”, SAS chief executive Anko van der Werff has cautioned, as companies face the prospect of managing huge debt burdens built-up through Covid-19.
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Air Madagascar placed under court restructuring
Air Madagascar has been placed under a court-appointed restructuring process, the Indian Ocean island nation’s government has disclosed.
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Hot summer prompts Eurocontrol to predict speedier European air traffic recovery
Europe could see flight numbers back at 2019 levels as soon as 2023, according to the latest seven-year outlook report from Eurocontrol, as the air travel recovery gathers pace sooner than previously thought likely.
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New EU open skies deal with Qatar includes initial capacity caps
European Union regulators have signed an air transport services agreement with Qatar which includes capacity caps in some key markets before full access is implemented in 2024.
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Cabin virus transmission risk ‘extremely low’: ICAO conference paper
Risk of coronavirus transmission on board aircraft is lower than that for most other indoor environments, according to a paper presented to a high-level ICAO conference on aviation recovery from the pandemic. The ICAO conference – running from 12-22 October – is aiming to reach a global consensus on a ...
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Europe’s last MD-11 exits Lufthansa Cargo service before sale to Western Global
Lufthansa Cargo’s last Boeing MD-11 freighter completed its final service with the European carrier on 17 October, before its sale to US operator Western Global Airlines.
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Japan clears ANA to switch pilots between A320s and A380s
Japanese operator All Nippon Airways is introducing mixed-fleet flying between the Airbus A380 and A320 family, enabling crews to switch between long- and short-haul operations. ANA will be the first carrier to bring in the capability between the types, following clearance from the Japanese civil aviation regulator. The carrier has ...
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SmartLynx recruits for new in-house line maintenance arm
Wet-lease and charter specialist SmartLynx Airlines is opening a new in-house division for line maintenance, branded SmartLynx Technik, for its Airbus fleet. The division, with bases in Riga and Tallinn, will commence operations in the fourth quarter of this year. SmartLynx says its facilities will be approved by the European ...
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North Korean air force faces resources, obsolescence issues: DIA
A report from the USA’s Defense Intelligence Agency (DIA) depicts the capabilities of the North Korean air force as marginal, with limited ability to project power beyond the isolated country’s borders.
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SIA expects capacity uptick by year-end as travel lanes lift September traffic
Singapore Airlines Group expects to operate at 37% pre-pandemic capacity by the end of the year, amid an increase in passenger traffic following Singapore’s limited border reopening to fully-vaccinated travellers.
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Tycoon Lucio Tan to inject nearly Ps13 billion into PAL parent company
Filipino billionaire Lucio Tan is extending Ps12.8 billion ($251 million) in “fresh and additional capital” to the parent company of beleaguered Philippine Airlines.
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Alitalia successor ITA envisions SkyTeam membership
Newly-launched Italian carrier ITA Airways is intending to join the SkyTeam alliance, continuing the allegiance of its predecessor Alitalia. The new carrier initiated operations on 15 October, with an Airbus A320 service from Milan Linate to Bari, and started charter flights with a Milan Malpensa-Rome Fiumicino sortie. Its initial network ...
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China’s ‘Big Three’ domestic traffic rebounds in September, though recovery some way off
After falling to an all-year low in August amid a resurgence of coronavirus infections, China’s three largest carriers reported a sharp rebound in domestic traffic — though recovery still appears to be some way off.
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Low-boom supersonic UAV latest USAF effort to boost adversarial air training
In what is the latest example of the US Air Force boosting funding for adversarial training, the service granted a contract to supersonic airliner developer Exosonic to design and build a low-boom supersonic unmanned air vehicle prototype.
