All news – Page 890
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Comair rescue attracts several expressions of interest
Four expressions of interest have been received by advisers to South African carrier Comair’s business rescue process. The company’s rescue practitioners state that the adviser, Redford Capital, has received 19 signed confidentiality agreements having “engaged” with 47 parties since the process began. Comair was placed under business rescue in May. ...
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Vietnam suspends new airline approvals until 2022
Vietnam’s government will delay approving the establishment of any new airlines in the country until 2022 to give the country’s aviation industry some breathing room to recover from the Covid-19 pandemic. The transport ministry has proposed to focus on the recovery of the local aviation sector in the short term ...
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Opposition remains highly suspicious over SAA rescue funding
South Africa’s treasury has yet to detail how it intends to fund the rescue plan for South African Airways, as the country’s political opposition warns that it will intervene to prevent any illegitimate attempts to finance the airline’s revival. While finance minister Tito Mboweni appears to have reassured the Democratic ...
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Helvetic Airways Upgrades Embraer E2 Order
Amsterdam, Netherlands, July 15th, 2020 – Helvetic Airways has signed a commitment with Embraer to convert four of their remaining firm orders to the larger E195-E2 aircraft. The original order, for 12 E190-E2s with purchase rights for a further 12, and conversion rights to E195-E2, was announced in September 2018. ...
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Why mastering the Moon is vital before missions to Mars
Despite previous scepticism about renewed lunar exploration, the space industry increasingly believes a return to the Moon is a key part of any broader strategy.
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Disinfection adds 50% to Air Baltic A220 turnaround time
The disinfection of aircraft has added at least 20 minutes to turnaround times, according to Air Baltic chief executive Martin Gauss.
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UK strengthens Tempest industry effort, adding seven companies
The UK has strengthened the industrial grouping behind its Tempest future combat air system (FCAS) programme, with new agreements reached with seven companies.
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China Eastern optimistic about strong domestic recovery
China Eastern Airlines anticipates restoring most of its domestic network by the end of July, as it records a ten-fold increase in flights within the country since the coronavirus outbreak bottomed out travel demand. In an update following its release of June traffic figures, the SkyTeam carrier estimates that ...
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Indonesia expresses interest in used Austrian Eurofighters
Indonesia appears to be interested in 15 Eurofighters that are now part of the Austrian air force inventory. Austria’s Die Presse reported on 18 July that Austrian defence minister Klaudia Tanner had received a letter from her Indonesian counterpart Prabowo Subianto expressing interest in the aircraft. Source: Airbus ...
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Pandemic impact ‘severely felt’ as SIAEC slips to Q1 loss
Singapore Airlines’ MRO unit fell into the red in the first-quarter, as it reiterated a “challenging” outlook with no clear recovery pathway. For the quarter ended 30 June, SIA Engineering (SIAEC) reported an operating loss of S$8.6 million ($6.2 million), reversing the S$17.7 million operating profit it posted last ...
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US lawmakers request FAA safety culture survey results
Two US lawmakers have asked the FAA for results of an employee survey about the regulator’s safety culture as part of its investigation into the design, development and certification of the troubled Boeing 737 Max aircraft.
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Indian carrier IndiGo lays off 10% of staff
Indian airline IndiGo is cutting 10% of its workforce due to the pandemic-induced industry downturn, saying cost cutting has been insufficient to prevent a companywide contraction.
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Bombardier expects special-mission aircraft bump as pandemic drives demand
The coronavirus pandemic is driving up demand for specialised variants of Bombardier’s business jets, particularly for medevac-configured aircraft, the company says.
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Embraer Commercial’s new CEO eyes E-Jet resurgence amid pandemic-battered industry
While all airframers are struggling to navigate a smaller post-coronavirus industry, Brazilian company Embraer sees itself well-positioned as airlines look to rebuild networks and find ways to survive, and thrive, in the new normal.
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ATP Flight School receives first six Piper Archers from 100-strong order
ATP Flight School has taken delivery of the first six Piper Archer TX piston-singles from a June order for up to 100 of the four-seat aircraft.
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Qatar Executive launches bespoke VIP charter programme
Qatar Executive has launched a bespoke, flexible charter programme which it hopes will boost the appeal of its luxury business aircraft fleet as the market for VIP travel emerges after months of lockdown.
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ADS president pleas for government to fund UK aerospace as special case
Sector’s critical role in delivering high-end R&D employment means it must be treated more favourably, argues Meggitt boss
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UK sees health and financial assurances key in restoring air travel confidence
UK transport ministry officials are targeting work around testing as the next stage in building passenger confidence in air travel following the coronavirus pandemic. Source: Heathrow Airport Airlines have begun restoring scheduled passenger services to and from the UK since the government relaxed its quarantine rules, which ...
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Investor offers $75m for 45% share in struggling El Al
Israeli flag-carrier El Al has received an offer from an investor who is prepared to acquire a private allotment of shares worth $75 million. The offer has come from an individual which the law firm Shibolet identifies, in a 20 July letter to the airline, as businessman Eli Rozenberg. This ...
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First US Air Force KC-10 Extender tanker retired
The 33-year-old aircraft is the first of 59 Extenders planned for retirement.