All articles by David Kaminski-Morrow – Page 31
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Lessors convince UK judge to reject Russian jurisdiction over aircraft reinsurance case
Lessors and other financial entities engaged in a legal reinsurance battle over aircraft seized in Russia have obtained a UK ruling rejecting attempts to impose Russian jurisdiction over the case. The judge overseeing the case in the High Court’s commercial division, Andrew Henshaw, has refused a stay of the English-law ...
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Israir Group remains keen on Smartwings despite hold-up in negotiations
Israir Group has indicated that it is still interested in pursuing Czech carrier Smartwings, but that its previous proposed transaction might need to be amended.
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El Al details results of capital raise from share offering
Israeli flag-carrier El Al has completed that it will issue 92 million shares and an equivalent number of warrants following a public offering. It puts the gross consideration for the allocated shares at around 510 million shekels ($139 million). El Al adds that the future consideration if all warrants are ...
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Cargo 727 landing in South Sudan crashes into MD-82 wrecked in previous accident
All seven occupants of a Boeing 727 freighter have survived after the aircraft crashed into the wreckage of an aircraft which had itself suffered a landing accident two months ago.
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Flydubai to bring first international services to new Red Sea airport
United Arab Emirates carrier Flydubai is preparing to become the first airline to operate international services to the new Red Sea airport in Saudi Arabia.
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Lynx Air and Boeing agree to terminate 737 Max purchase deal
Canadian operator Lynx Air has reached a formal agreement with Boeing to cancel a large aircraft purchase deal, following the airline’s cessation of operations in February. The original deal dates back to October 2015 and covered the purchase of 40 aircraft plus the lease of six more. According to court ...
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Tus Airways’ ownership split three ways after investment transaction
Cypriot-based Tus Airways’ ownership has been equally split three ways, following completion of an investment transaction by a third party. Tus Airways had previously been owned by Global Knafaim Leasing and US entrepreneur Kenneth Woolley, with Woolley holding a stake of slightly over 50%. But Global Knafaim states that a ...
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Tecnam secures European certification for short take-off P2012
Italian airframer Tecnam has secured European certification for the short take-off and landing variant of its P2012 Traveller twin-engined commuter aircraft. The European Union Aviation Safety Agency lists the type certificate as having been amended from 1 March to add the STOL configuration. Tecnam has developed the P2012 STOL to ...
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EASA transitioning to new leadership in April
Transition to new leadership at the European Union Aviation Safety Agency will take place on 1 April, when Florian Guillermet formally takes up the post of executive director. Guillermet was identified as the successor to interim chief Luc Tytgat in December last year although a timeline had still to be ...
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Corsair participates in Thales-led consortium developing pilot-behaviour evaluation method
French leisure carrier Corsair is participating in a consortium, led by aerospace firm Thales, which aims to develop a new methodology for evaluating pilot behaviour. The project, known as ‘Perceval’, is a response to changes in training programmes, notably the introduction of evidence-based training. Evidence-based training concentrates on assessing core ...
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SAS’s parent company formally seeks Swedish re-organisation
Scandinavian carrier SAS’s parent company, SAS AB, has formally filed for re-organisation in Sweden, a measure previously indicated during SAS’s proceedings under US Chapter 11 protection. Successful completion of this re-organisation is a condition for the airline’s Chapter 11 plan, which recently secured US bankruptcy court approval. The company requires ...
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Electric Pipistrel to join ASL Academy training fleet at Antwerp
Training organisation ASL Academy is introducing the electrically-powered Pipistrel Velis Electro to its student pilot fleet at Antwerp.
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Iceland’s Play to open public share offering window in April
Icelandic budget carrier Play will aim to raise up to IcKr500 million ($3.6 million) in a public offering next month, to support funding already promised under subscription commitments. The airline will open the offer period on 9 April and it will run to 11 April. Play is prepared to issue ...
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UK’s Jet2 to open Bournemouth base next year
UK leisure carrier Jet2 is to establish a new base at Bournemouth, on the south coast, and unveiled a batch of destinations to be served in summer next year. The decision brings the number of UK bases for the holiday airline to 12. Jet2 says it will initially base two ...
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Southwest 737 diverts after misaligned approach to LaGuardia
Clarity has yet to emerge as to why a Southwest Airlines Boeing 737-800 was not aligned with the runway during final approach to New York LaGuardia, following a service from Nashville.
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Romania’s Bees Airlines obtains air operator’s certificate
Romanian start-up carrier Bees Airlines has secured an air operator’s certificate from the country’s regulator. The carrier is aiming to operate international non-scheduled services from Bucharest’s primary Henri Coanda airport. Bees Airlines says it plans to serve routes to holiday destinations including resorts in Turkey and Egypt. The carrier will ...
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Royal Jordanian expands cargo fleet with converted A321 freighter
Royal Jordanian Airlines has introduced an Airbus A321 converted freighter, providing additional dedicated cargo capacity as part of the carrier’s fleet modernisation.
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Edelweiss to assign initial A350s to North American destinations
Swiss carrier Edelweiss intends to be the first carrier in the country to introduce Airbus A350s, and has unveiled initial long-haul routes for the type.
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SAS expects network disruption as batch of A320neos undergoes component checks
Scandinavian carrier SAS is temporarily withdrawing several Airbus A320neo jets from service while it carries out checks on a specific component on the type. The airline says it needs to inspect pressure regulator transmitters on 18 A320neos. SAS states that this “requires pausing operations with these aircraft”, and admits that ...
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El Al considers raising funds through offer of securities
Israeli carrier El Al is considering carrying out a fundraising exercise through a public offering of securities. The airline has not stated the quantity of capital it aims to obtain, and it has not given a timeline. Controlling shareholder Kanfei Nesharim has informed the carrier that it intends to participate ...