All news – Page 430
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Sweden follows NATO membership approval with GlobalEye contract
Sweden has signed a roughly SKr7.3 billion ($714 million) contract to acquire an initial two Saab GlobalEye surveillance aircraft, just one day after NATO approved its membership request.
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KLM repays last of Covid state aid
Dutch carrier KLM is to repay the remainder of the €942 million it borrowed from the state and banks under a loan package granted during the Covid-19 crisis.
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Restructured Garuda aims for rapid fleet growth, domestic focus
Garuda Indonesia hopes to have over 100 aircraft back in service by the end of 2022, and plans to focus primarily on Indonesia’s domestic market.
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IAG single-aisle modernisation continues as more A320neo options firmed up
British Airways and Iberia parent IAG is converting options for another 14 Airbus A320neo-family twinjets into firm orders. The options were originally disclosed as part of an agreement for up to 220 Airbus single-aisle jets in 2013. IAG says the latest firming of options covers three A321neos and 11 A320neos. ...
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AirAsia Philippines targets sharp boost in international capacity
AirAsia Philippines aims to expand international capacity aggressively, as it announces the resumption of its Manila-Singapore service.
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Air Canada cuts 10% of flights in July and August
Air Canada is making “meaningful” cuts to its summer schedule as it tries to get ahead of operational issues that have plagued numerous other airlines in North America.
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Alliance Aviation wins gold mine charter extension
Australian charter operator Alliance Aviation has secured a three-year contract extension from Agnew Gold Mining, its second such deal in one week.
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Srilankan warns of imminent bond payment default
Srilankan Airlines has warned about its capability to make a coupon payment on a Singapore-listed bond, citing the deterioration in Sri Lanka’s economy.
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Spirit delays shareholder vote on Frontier bid to 8 July
Ultra-low-cost carrier Spirit Airlines has once again delayed a planned shareholder vote on its potential acquisition to give it more time to negotiate with its two potential suitors, Frontier Airlines and JetBlue Airways.
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US airlines brace for summer’s busiest travel weekend
US airlines are preparing for potential trouble ahead of what promises to be the busiest travel weekend of the summer.
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US DOT to audit FAA’s oversight of 737 and 787 production
The US Department of Transportation’s top inspector has launched an audit into the effectiveness of the Federal Aviation Administration’s oversight of Boeing’s production processes.
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NATO approves new Strategic Concept, as USAF ups F-35 presence in Europe
NATO has approved a new Strategic Concept during its ongoing Madrid Summit, promising strengthened “collective defence” and “transatlantic solidarity” in the face of a heightened threat from Moscow.
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Administrators see ‘strong interest’ in Germany’s Wiking Helikopter Service
Restructuring experts in charge of Wiking Helikopter Service say they have seen substantial interest from would-be investors in the troubled German offshore operator.
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Kenya Airways and SAA chiefs see partnership as key to unlocking African growth
The respective chief executives of Kenya Airways and South African Airways see the chance to unlock the potential of greater air connectivity within Africa as the reward as they work on developing plans for a pan-African operation.
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US Treasury exempts civil aviation safety measures from United Aircraft sanctions
US government sanctions on Russian entities have expanded to cover aerospace firm United Aircraft, although the government is allowing export and provision of services and technology aimed at ensuring civil aviation safety. As part of its economic response to the Ukrainian conflict, the US Department of the Treasury is directing ...
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Dutch defence plan funds extra F-35s and armed MQ-9A Reapers
Dutch defence minister Kajsa Ollongren has outlined the Netherlands’ spending priorities for the coming years, including acquiring additional Lockheed Martin F-35As and General Atomics Aeronautical Systems MQ-9A Reaper unmanned air vehicles.
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El Al to continue Arkia merger talks despite exclusivity period ending
Israeli flag-carrier El Al aims to continue negotiating with leisure airline Arkia regarding a proposed acquisition, but the exclusivity period for the talks is not being extended. El Al entered talks with its fellow Israeli carrier last year with a view to purchasing the entire share capital of Arkia and ...
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Volga-Dnepr founder quit post at CargoLogicAir ahead of UK sanctions
Alexey Isaykin, the founder and president of Russian cargo specialist Volga-Dnepr Group, has resigned as a director of UK-based freighter operator CargoLogicAir (CLA).
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Indian Coast Guard stands up first Dhruv SAR squadron
The Indian Coast Guard has inducted its first squadron of Hindustan Aeronautics Advanced Light Helicopter (ALH) Dhruv MKIII rotorcraft, to serve in the search and rescue (SAR) mission.
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Boeing opens major distribution centre in Brisbane
Boeing has opened its largest Asia-Pacific distribution centre in Brisbane, Australia to support key business areas.