All News articles – Page 7
View all stories of the same content type.
-
NewsNeboair poised to launch rural air tourism service with all-electric Velis Electros
UK start-up Neboair is gearing up to launch a rural air tourism service with a pair of all-electric Pipistrel Velis Electros. The operation is a stepping stone for an ambitious plan to create a “micro-airline” using a fleet of small, sustainable aircraft to serve towns and cities throughout the UK and northern Europe using a network of under-utilised aerodromes.
-
News
Kenya to reopen international flights on 1 August
Kenya has become the latest African country to announce dates for the resumption of scheduled flights, amid reports that its flag carrier plans to make job cuts ahead of a possible nationalisation.
-
News
Aeroflot chief sets out expectations for restoration of international network
Russia’s Aeroflot Group is hoping to restore 80% of its international services by the end of this year, and restore the network fully by the end of the winter season in March 2021. Chief executive Vitaly Saveliev has outlined the ambition during a meeting with Russian president Vladimir Putin. ...
-
News
Lufthansa halves new-aircraft intake and cuts jobs
Lufthansa will halve the number of new aircraft it takes through to end-2023 as part of a second set of restructuring measures announced today.
-
News
Virgin Australia bondholders challenge sale to Bain Capital
Two parties representing Virgin Australia bondholders have challenged the airline’s sale to Bain Capital with the intention of making an alternative proposal. In an application to the Australian Takeovers Panel, Singapore-based fund manager Broad Peak Investment Advisers (Broad Peak) and Hong Kong’s Tor Investment Management submit that “certain circumstances ...
-
News
US government approves UH-60, E-2D sales to European allies
The US government has cleared the possible sale of six Sikorsky UH-60M Black Hawk helicopters and related equipment to Lithuania, and three Northrop Grumman E-2D Advanced Hawkeyes to France. The proposed Lithuania sale comes at an estimated price tag of $380 million, according to a US Defense Security Cooperation ...
-
News
Blackshape promotes turboprop-powered Gabriel basic trainer
Italian airframer Blackshape has flown a turboprop-powered example of its Gabriel basic trainer, as it eyes sales opportunities in Southeast Asia. The company says it has conducted “several” flights of the Gabriel-TP, which is powered by the Rolls-Royce M250-B17. Source: Blackshape The Gabriel-TP is powered ...
-
News
HK Express pushes flight resumption back to August
Hong Kong low-cost carrier HK Express will not resume flights until the first week of August, over three weeks later than previously announced. The airline, which was purchased by Cathay Pacific Airways in July 2019, planned to resume flights on 11 July, but said yesterday it will postpone the ...
-
News
Indonesia cleared to buy eight MV-22 Ospreys
The US government has cleared the sale of eight Bell Boeing MV-22 Block C Osprey tiltrotors to Indonesia. If concluded, the deal is valued at $2 billion and would be conducted under the US government’s Foreign Military Sales process, says the Defense Security Cooperation Agency (DSCA). ...
-
News
Trent-powered 787 operators to check for disc fin cracks
Operators of Rolls-Royce-powered Boeing 787s are set to be instructed to conduct inspections of certain Trent 1000 low-pressure turbine discs, over a possible cracking risk. Assessment of certain discs in service has revealed that rubbing contact with interstage static seals can lead to cracks in the front seal fins ...
-
News
ATR 42-600 commences Chinese certification testing
ATR has embarked on flight testing to obtain Chinese certification for its ATR 42-600 turboprop. The airframer says the initial 3h test was conducted from Toulouse’s Francazal airport, which is located some 10km south of the city’s main Blagnac airport. China’s civil aviation administration CAAC co-operated with the ...
-
News
El Al could be renationalised as it opts for share issue
Israeli flag-carrier El Al has given up pursuing a $400 million state-backed loan and opted for an alternative fundraising package which could result in the airline being renationalised. El Al’s board has chosen a $250 million bank loan, which would have a state guarantee, alongside a $150 million share ...
-
News
Administrator trims Piaggio bidders as due diligence starts
Piaggio Aerospace’s administrator has invited 11 of the 19 bidders for the company to enter due diligence, and says he is confident a suitable buyer can be selected before year-end, with the deal to close in the first half of 2021.
-
News
Pandemic pushes AirAsia into the red
AirAsia Group slipped to a MYR953 million ($223 million) net loss in the first quarter, down from a MYR102 million profit in the same three-month period of 2019, as Covid-19 caused demand to plummet.
-
News
MTU to cut workforce by up to 15%
German engine specialist MTU will cut its workforce by up to 15% by the end of 2021 to account for reduced air-transport demand amid the coronavirus crisis. The company says it aims to avoid compulsory redundancies as it seeks to reduce its German and international workforce by 10-15% by ...
-
News
Air Arabia Abu Dhabi to open flights with Egyptian routes
Middle Eastern budget carrier Air Arabia’s new Abu Dhabi-based spin-off is to open services in mid-July with initial operations to two Egyptian cities. Air Arabia Abu Dhabi is to operate to Alexandria, from 14 July, and Sohag from the following day. It will commence services with a pair ...
-
News
Japan’s ANA and JAL secure $1.6bn in export-credit guarantees
The Japan Bank for International Cooperation is providing guarantees totalling Y174 billion ($1.6 billion) for aircraft-import loans to ANA Holdings and Japan Airlines . The export-credit agency on 9 June signed an agreement with private financial institutions to provide a Y88.4 billion guarantee against the principal and interest ...
-
News
Initial expressions of interest sought for SA Express jets
Assets of South African regional carrier SA Express, including Bombardier CRJ200 jets, are being advertised online as part of an initial process to obtain expressions of interest, as the airline edges towards liquidation. The airline was placed in provisional liquidation on 28 April but a final liquidation order has ...
-
News
Taiwanese probe A330 computer failure after wet runway landing incident
Taiwanese regulators are advising Airbus A330 operators to consider the effects of wet runways on aircraft deceleration after a near-overrun incident at Taipei’s Songshan airport. As the aircraft landed on the wet runway and the thrust reversers were activated, says the Taiwan Civil Aeronautics Administration, the crew “noticed the ...
-
News
Ethiopian 787 hit lighting mast after being sent to wrong de-icing stand
Norwegian investigators have revealed that a de-icing vehicle driver vainly attempted to stop an Ethiopian Airlines Boeing 787-9 from taxiing onto the wrong de-icing stand, before the jet’s right wing struck and felled a lighting mast at Oslo Gardermoen. The aircraft (ET-AUP), which was preparing for departure to Stockholm ...
