All News articles – Page 4
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NewsRex taps private equity for $110m to launch domestic operations
Australia’s Regional Express is in “advanced exclusive negotiations” with PAG Asia Capital for up to A$150 million ($110 million) funding to support its plans for commencing domestic operations. Rex describes PAG as a leading Asia-Pacific-focused private investment firm and the parties inked a long-form term sheet on 21 September ...
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US Air Force HH-60W combat rescue helicopter starts live-fire tests
The service aims to demonstrate the functionality, accuracy and safety of three gun options for the new combat rescue helicopter, the USAF says on 16 September. The helicopter was grounded for the initial live-fire tests.
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Boeing lays off pilot group that supports service entry of new aircraft types
Boeing is laying off a group of seven “line-assist instructor pilots” whose work includes helping airlines bring into their fleets aircraft types that those airlines have not previously operated.
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Airbus turns to hydrogen as energy promise of batteries fades
Airbus is backing away from battery power in favour of pursuing hydrogen as a primary propulsion source for future aircraft development, over concerns that battery technology will not advance quickly enough to adapt to large airliners. The airframer has unveiled three conceptual designs – two based on conventional turboprop ...
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Lufthansa to mothball entire A380 and A340-600 fleet
Lufthansa Group will put all of its Airbus A380s and 10 of its A340-600s into long-term storage, only to be reactivated in the event of an “unexpectedly rapid market recovery”, and will permanently remove the remainder of its A340-600 fleet from service.
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New York bankruptcy court green-lights LATAM’s revised financing proposal
LATAM Airlines’ revised debtor-in-possession financing proposal has been approved by a bankruptcy court in New York,
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Airlines UK-commissioned study calls for reopening of US routes
Ongoing travel restrictions between the UK and the USA will negatively affect the former’s economy by £32 million ($41 million) a day by the beginning of October, but losses could be reduced and confidence restored if some markets between the two countries were allowed to reopen later this year, according to a new study carried out by York Aviation on behalf of Airlines UK.
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State takes 14% of El Al as Knafaim is displaced as main shareholder
Israel’s government has taken a 14% shareholding in flag-carrier El Al, during a share offering which led to a change in its largest shareholder. Kanfei Nesharim Aviation has acquired a near-43% share of El Al after it picked up more than 585.6 million shares. Even at the minimum ...
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Collins investing in touchless cabin technologies as it predicts recovery from 2023
A hands-free lavatory is among the innovations being pushed by leading interiors supplier to help restore passenger confidence
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Rolls-Royce weighs funding options including £2.5bn equity issue
Rolls-Royce is evaluating various options for raising additional funding, including equity of up to £2.5 billion. The engine manufacturer’s share price fell substantially during trading on 21 September as it disclosed the plan, dropping to lows not reached since 2003. “We continue to review all funding options to ...
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Airbus shows off hydrogen-fuelled concept aircraft for 2035 service entry
Airbus has unveiled conceptual designs for a potential zero-emission commercial aircraft, which it believes could be developed for service entry in the next 15 years. All three of the preliminary designs – branded as ‘ZEROe’ aircraft – would use hydrogen as the main power source. Source: ...
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Norway extends airline loan guarantee scheme until year-end
Norway is to set extend its aviation loan guarantee scheme until the end of the year in a move it hopes will make it more attractive to airlines.
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Manila receives initial four Super Tucanos
Manila has taken delivery of four Embraer A-29 Super Tucano close air support aircraft, part of a 2017 deal for six examples. After a transit from Brazil, the four aircraft reached Clark International airport on 29 September, according to the Department of Foreign Affairs of the Philippines. ...
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Cathay Dragon suspends KL after coronavirus cases on board
Cathay Dragon has been banned from operating flights to Kuala Lumpur for two weeks, after five passengers on board a recent flight tested positive for the coronavirus. The five passengers were on the Cathay Dragon flight from the Malaysian capital on 18 September. All of them were connecting passengers ...
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Boeing clinches new 737 freighter orders, opens new conversion lines
Boeing has secured orders for two Boeing 737-800 Boeing Converted Freighters (BCF), as it announced an expansion of conversion lines in Asia, amid surging freighter demand. The airframer states the firm order for the pair of freighters came from an undisclosed customer, bringing the total number of orders and ...
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Silverstone Fokker 50 wrecked in Mogadishu excursion
Images circulating on social media indicate that a Kenyan-registered Fokker 50 turboprop has been substantially damaged in a 19 September accident at Mogadishu, the capital of Somalia. The aircraft (5Y-MHT) has come to rest apparently after striking a concrete wall off the right side of runway 05, suffering severe ...
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Can passengers evacuate jets in 90sec? US government report urges FAA to find out
Citing changed passenger demographics and behavior, as well as more seats in aircraft and concerns about carry-on luggage, a US government report urges the Federal Aviation Administration to review whether passengers really can evacuate a packed airliner in the required 90sec.
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USAF launches MQ-9 ARES contract following similar commoditised F-16 deal
The US Air Force (USAF) has granted General Atomics Aeronautical Systems an Agile Reaper Enterprise Solution (ARES) a contract, which pre-prices the MQ-9A Reaper unmanned air vehicle (UAV).
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Emirates Group division to set up kosher catering venture
Emirates Group’s in-flight catering operation is to establish a dedicated production facility to produce kosher meals, those which comply with strict traditional Jewish dietary requirements. The Dubai-based company says the operation, to be known as Kosher Arabia, will be formed through a partnership and commence production in January next ...
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South African Airways will not be liquidated: government
South Africa’s government is insisting that flag-carrier South African Airways will not be liquidated, and that it will detail measures relating to funding the airline in upcoming legislation. Its department of public enterprises gave the reassurance as creditors met to discuss the airline’s future, after its rescue practitioners warned ...
