All news – Page 715
-
NewsCebu Pacific raises $250 million from convertible bonds
Cebu Pacific has signed an agreement with three international financial institutions for the private placement of $250 million in convertible bonds, with the transaction expected to complete in the following weeks.
-
NewsKorean Air raises W350 billion million from corporate bonds
Korean Air has raised W350 billion ($310 million) from three corporate bonds issued on 15 April. These are of W65 billion, W160 billion, and W125 billion principal, the flag carrier said in a same-day corporate disclosure. Source: Korean Air A Korean Air 787-9 The W65 billion bond ...
-
NewsChina’s airlines expected to narrow first-quarter losses amid traffic surge
The Chinese airline industry is forecast to be about CNY30 billion ($4.6 billion) in the red for the quarter ended 31 March, narrowing its losses year on year amid an improvement in “recovery momentum”.
-
NewsBoeing delivered 89 737 Max since December, airlines place them in storage
Boeing has delivered almost 90 737 Max since US regulators lifted the type’s grounding last November, though airlines have placed those jet in storage, according to Cirium fleets data.
-
NewsNorthrop Grumman flies Japan’s RQ-4B Global Hawk for first time
Northrop Grumman has flown Japan’s RQ-4B Global Hawk unmanned air vehicle (UAV) for the first time.
-
NewsFAA proposal targets risk of GEnx ‘uncommanded’ thrust
The Federal Aviation Administration has proposed that airlines take steps to address the risk that GE Aviation GEnx turbofans might experience uncommanded increase in thrust.
-
NewsUS regional carrier ExpressJet plans comeback
ExpressJet, a US regional carrier which ceased operations in September, has requested to resume scheduled service under its own brand.
-
NewsFirst 777-300ER for freighter conversion joins Israeli commemorative flypast
Israel Aerospace Industries has flown a Boeing 777-300ER set for freighter conversion in a formation to mark the anniversary of Israeli independence. The company says the 15 April flypast – which took place over several locations including Tel Aviv, Jerusalem, the Dead Sea and Masada – included a pair of ...
-
AnalysisBeijing air power turns up the heat on Taiwan
Regular Chinese intrusions into Taiwan’s air defence identification zone (ADIZ) likely reflect frustration by communist leaders, and aim to establish a new air power paradigm.
-
NewsA320 tipped up and struck tail at Milan after passenger load mismatch
Italian investigators have determined that an improper distribution of passengers on board an Alitalia Airbus A320 resulted in the aircraft’s suffering a tail-strike during an aborted take-off at Milan Malpensa. The twinjet (EI-DTB), bound for Rome Fiumicino on 17 August 2017, had started to accelerate along runway 35R when, at ...
-
NewsSIA Group’s passenger numbers fall 91% in March
Singapore Airlines Group carried 100,100 passengers in March, down nearly 91% year on year amid coronavirus-related travel restrictions.
-
NewsTightened crew quarantine measures punish Cathay’s March traffic
Cathay Pacific reported a third consecutive month of traffic declines as it began to feel the impact of tightened crew quarantine measures imposed by the Hong Kong government.
-
NewsChina’s ‘Big Three’ March domestic traffic leaps past 2019 levels
After a tepid start to the year, China’s three largest carriers made significant gains in domestic traffic, surpassing even pre-pandemic levels in some instances.
-
NewsShin-Nihon Helicopters receives Japan’s first Bell 407GXis
Japan’s Shin-Nihon Helicopters has taken delivery of two Bell 407GXi helicopters, making it the country’s first operator of the type.
-
NewsParis orders eight H225Ms, one additional VSR700
Paris has ordered eight additional Airbus Helicopters H225M rotorcraft as well as an additional prototype of the VSR700 unmanned helicopter.
-
NewsVietnam Airlines outlines measures to bolster financial position
Vietnam Airlines has outlined various support measures to improve its financial position following its losses in 2020.
-
NewsXwing conducts first fully autonomous gate-to-gate cargo flight
Autonomous aircraft company Xwing says its Cessna Grand Caravan 208B has completed its first “fully autonomous gate-to-gate demonstration of a commercial cargo aircraft”.
-
NewsUS Air Force HH-60W combat rescue helicopter finishes developmental tests
The US Air Force’s Sikorsky HH-60W Jolly Green II combat rescue helicopter finished its developmental test programme on 13 April.
-
NewsCommercial aircraft delivery funds tumbled 40% in 2020
Airlines, lessors and other financiers laid out $59 billion for the purchase of new commercial aircraft in 2020 – a full 40% less funding than was available in 2019.
-
NewsEASA and CAAC extend Airbus bilateral to cover A350 completion
European and Chinese civil aviation regulators have updated a bilateral agreement on Airbus production at Tianjin to account for the extension of aircraft completion activities to the A350. Airbus has a single production organisation approval granted by the European Union Aviation Safety Agency, and this covers not only A320-family assembly ...