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NewsAir France to shed over 7,000 jobs as part of €7 billion bail-out
Air France will shed almost 7,600 jobs over the next three years in an accelerated restructuring implemented in parallel with €7 billion ($7.9 billion) worth of government-backed loans.
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EU approves Latvian government’s €250 million aid for Air Baltic
Air Baltic’s €250 million ($281 million) government bail-out, taking the form of an equity investment, has received the green light from the European Commission.
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Pilot stand-off piles more pressure on El Al
Israeli carrier El Al is putting another 400 personnel on furlough after the carrier’s pilots chose not to operate a number of the airline’s services. The airline had been operating a limited number of passenger and cargo services from Israel, although its scheduled passenger flights had been suspended until ...
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Control-check ‘routine’ led E190 upset crew to miss reversed ailerons
Investigators have suggested that familiarity with routine, combined with expectation bias, led the crew of an Embraer 190 to miss clues that the jet’s aileron cables had been cross-rigged during maintenance. The Air Astana aircraft had emerged from maintenance at Portuguese firm OGMA during which the aileron cables were ...
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Close to 400 cancellations so far in 2020, driven by 737 Max
As 2020 passes its halfway point, fleets data from Cirium reveals that the mainline aircraft manufacturers have suffered almost 400 cancellations so far - 80% of which are for the Boeing 737 Max.
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Finnair raises €501m from oversubscribed share offering
Finnair has disclosed that investor have oversubscribed by nearly 11% to a new share issue intended to reinforce the Nordic company’s liquidity. The company says it will receive net proceeds of around €501 million. Finnair received subscriptions for more than 1.416 billion shares against the 1.279 billion on ...
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Helvetic pushes back seven E2 deliveries to 2021
Swiss regional carrier Helvetic Airways has deferred delivery of seven Embraer 190-E2s that were due to join its fleet this year.
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Ireland-based Ryanair pilots agree temporary pay cut
Ryanair’s Irish pilots have agreed to a temporary pay reduction aimed at saving under-threat jobs at the airline.
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SAA rescue remains uncertain as treasury highlights funding pressures
South Africa’s government is urging creditors and unions to support South African Airways’ proposed rescue, warning that the airline’s liquidation is the worse of the options available. But the opposition Democratic Alliance believes the country’s treasury, which is having to cope with funding pressures from the coronavirus crisis, is ...
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Stratos 716X makes maiden sortie
Stratos Aircraft has launched the flight-test campaign for its 716X, with the very light jet (N716X) performing its maiden sortie on 2 July from the airframer’s base in Redmond, Oregon. Flown by test pilot Sean VanHatten, the milestone sortie lasted 22min starting with a full-power take-off and climb to ...
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UK to lift quarantine restrictions for more than 50 countries
Travellers arriving in England from more than 50 countries will no longer be required to self-isolate for 14 days from 10 July, the UK government has confirmed.
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Carbon monoxide poisoning clue emerges in fatal DHC-2 crash probe
Australian investigators have urged operators of piston-engined aircraft to carry out inspection and repair of exhaust systems, after finding that the pilot of a crashed De Havilland Canada DHC-2 floatplane had elevated levels of carbon monoxide in his blood. The Sydney Seaplanes aircraft, with six occupants, had departed Cottage ...
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Pro-Avia selects Red A03 diesel engine to power in-development utility-twin
Russian start-up Pro-Avia has selected Red Aircraft’s A03 500hp (370kW) diesel engine to power its in-development, nine-14-seat, multi-purpose piston-twin.
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Portuguese state takes control of TAP to prevent bankruptcy
Portugal’s government has agreed to pay €55 million ($62 million) to increase its stake in national carrier TAP to 72.5% in order to prevent the airline from going bankrupt.
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SIA Group sends another two A380s and two 787s to Alice Springs
Singapore Airlines Group recently parked another four aircraft – two Airbus A380s and two Boeing 787-8s – at Alice Springs Airport in Australia. The company tells Cirium it now has a total of 22 aircraft parked there, at Asia Pacific Aircraft Storage. This comprises seven A380s and three ...
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India to order 21 MiG-29s, 12 Su-30MKIs amid China tensions
India’s Defence Acquisition Council has approved the acquisition of 33 new Russian fighters, comprising 21 RAC MiG-29s and 12 Sukhoi Su-30MKIs. In addition, the Indian air force’s existing fleet of 59 MiG-29s will be upgraded to the MiG-29M standard, says the nation’s defence ministry. Source: Greg ...
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Fastjet counts on flight restoration as cash reserves dwindle
African budget operator Fastjet Group believes it has sufficient funds to last through August but is warning that it needs flight operations to resume to sustainable levels in September. Its services have effectively been shut down since 7 April, bar a limited number of repatriation flights, following government lockdowns ...
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Japanese F-35 maintenance depot opens for business
Japan has opened its regional maintenance base for the Lockheed Martin F-35 fighter. The first aircraft to receive service at the regional depot will be a Japan Air Self-Defence Force F-35A from Misawa air base, says Tokyo’s Acquisition, Technology Logistics Agency. The maintenance ...
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Korean Air poised to produce large indigenous UAV
Korean Air is set to begin mass production of its Medium Altitude Unmanned Aerial Vehicle (MUAV), while its 500MD unmanned helicopter effort is on hold. The company confirms that the development of the MUAV programme is nearly complete, and mass production is imminent. Source: Greg Waldron/FlightGlobal ...
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Jeju Air may abandon Eastar Jet acquisition: report
South Korea’s Jeju Air could scrap plans to acquire a majority stake in compatriot low-cost carrier Eastar Jet. Citing difficulties in ongoing discussions, a Jeju official was quoted as saying the carrier will consider abandoning the deal within 10 business days, Reuters reported on 2 July. On 29 ...
