All Air Transport articles – Page 308
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NewsEl Al names former Avgol executive as new finance chief
Israeli flag-carrier El Al has named Yitzhak Eliav as its new chief financial officer, following the departure of Dganit Palti last year. He took up the post on 4 January, the airline states. Eliav was formerly the head of finance and vice-president of operations at Avgol Industries, a specialist manufacturer ...
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NewsAirbus UK's Bennett to head technology initiative HVM Catapult
Airbus senior vice-president Katherine Bennett is to step down from heading the airframer’s UK division, to lead HVM Catapult, a specialist organisation developed to provide a manufacturing gateway for promising technologies. Bennett, who will succeed retiring chief executive Dick Elsy later this year, says the organisation will contribute to the ...
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NewsWheels Up purchases charter company Mountain Aviation
US charter company Wheels Up continues to expand through acquisition, announcing it has purchased Colorado-based private aviation company Mountain Aviation.
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NewsAircraft designs must better account for pilot responses: US law
The Federal Aviation Administration will soon require aircraft manufacturers to fully consider how various cockpit warnings might affect the ability of pilots to properly respond to failures.
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NewsEasyJet restricts voting power of shares held by non-EU interests
Budget carrier EasyJet has started suspending voting rights for certain shares which are still held by non-European Union interests, in order to comply with EU ownership regulations. EasyJet holds an EU operating licence and, as a result, needs to be majority-owned by EU and associated nationals. But EasyJet’s shareholder structure ...
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In depthNew law targets FAA’s self-certification system, takes aim at 737 Max lessons
The US government has ordered an “expert review” of the Federal Aviation Administration’s Organization Designation Authorization (ODA) programme, while also setting aside $81 million to help the FAA hire more technical staffers.
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NewsCourt approves BGI’s planned acquisition of Israir
Israeli carrier Israir’s sale trustee has received court approval for BGI Investments’ planned acquisition of the airline, following a drawn-out bidding contest. The Tel Aviv district court has granted approval after Israir bondholders backed the BGI bid and rejected those of two competing suitors. All three had been ordered, in ...
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NewsAvianca A319 arrives at Bogota entangled in ‘balloon’ debris
Colombian investigators are probing an incident in which an Avianca Airbus A319 arrived at Bogota trailing a large quantity of entangled ribbon-like debris from its wings, stabiliser and fin. The airline says flight AV29 from Orlando to Bogota on 31 December was “hit by a hot-air balloon” during its landing ...
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NewsSwedish debt authority grants guarantee to regional carrier BRA
Sweden’s national debt office has given a guarantee for a SKr200 million ($24 million) loan intended for Braathens Regional Airways. The guarantee covers 90% of the principal for the loan, which will run for five years. Sweden’s government has mandated the debt office to provide the guarantees to mitigate the ...
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NewsIsrair trustee seeks court approval for BGI acquisition
Israeli carrier Israir’s sale trustee has sought formal approval from a Tel Aviv court for the acquisition offer put forward by bidder BGI Investments. BGI Investments is a division of the company Shai Odem, controlled by retail entrepreneur Rami Levy and business partner Shalom Haim. After a drawn-out contest for ...
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NewsUS hits Europe with new tariffs on aircraft parts
The Office of the US Trade Representative (USTR) has placed new tariffs on aircraft manufacturing parts as well as some alcohol products from the European Union in an ongoing transatlantic spat about aerospace subsidies.
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NewsIsrair poised to be acquired by retail entrepreneur through BGI bid
Retail entrepreneur Rami Levy appears set to take over Israeli leisure carrier Israir, following a convincing backing of BGI Investments’ offer for the airline in a three-way run-off. BGI had been competing in a final bidding round for Israir against rivals YH Dimri and Dor Alon Energy. Bondholders voted on ...
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NewsGovernment urged to direct SAA rescue funds to vaccine resource
South Africa’s political opposition is urging the country’s finance minister, Tito Mboweni, to abandon the R10 billion ($680 million) funding plan to restructure South African Airways and plough the capital into a vaccination programme. The Democratic Alliance has written to Mboweni claiming that the government should “divert” the SAA allocation ...
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NewsEmirates considers refitting A380s with new premium-economy cabin
Middle Eastern carrier Emirates has shown off the new premium-economy cabin fitted to its latest Airbus A380, of which the airline took delivery in mid-December. It comprises 56 seats in a 2-4-2 cross-section, with up to 40in pitch, at the front of the A380’s main deck. Each has a 13.3in ...
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NewsRossiya aims to have nearly 70 Superjets next year
Russian operator Rossiya aims to introduce a fleet of nearly 70 Sukhoi Superjet 100s by the end of next year, as part of a strategic overhaul of Aeroflot Group’s operations. Rossiya says the federal aviation regulator Rosaviatsia has included the Superjet type on the carrier’s air operator’s certificate, ahead of ...
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NewsWizz Air imposes post-Brexit share restrictions to slash non-EU ownership
Central European budget airline operator Wizz Air Holdings is to implement a plan to align its ownership structure to ensure it continues to meet European Union requirements once the UK’s withdrawal from the EU is finalised on 1 January. Wizz Air Holdings says that, if it does not take action, ...
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NewsUS issues emissions standards for new aircraft
The US Environmental Protection Agency (EPA) has for the first time issued greenhouse gas (GHG) standards for new aircraft which, it argues, will ensure “international consistency” and give US manufacturers a “level playing field” with foreign competitors.
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NewsIcelandair agrees sale-and-lease of two more 737 Max jets
Icelandair Group is selling a pair of Boeing 737 Max jets under a leaseback scheme, ahead their delivery next year. The two Max 9s are due to be introduced to the Icelandair fleet in the second quarter of 2021. Icelandair Group says it has entered an agreement with Sky Aero ...
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NewsIsrair bidders submit final offers ahead of bondholder vote
All three bidders for the Israeli leisure airline Israir have submitted final offers for the carrier, with bondholders set to vote on the proposals on 29 December. The three bidders – BGI Investments, Dor Alon Energy and YH Dimri – had been told to put forward final offers by 28 ...