All articles by David Kaminski-Morrow – Page 46
-
News
Troubled US kit manufacturer Van's Aircraft aims to restructure under Chapter 11
US-based kit manufacturer Van’s Aircraft has resorted to Chapter 11 bankruptcy protection while it attempts to restructure, after encountering financial difficulties. The company, which was founded just over 50 years ago, produces a range of single-engined kit aircraft – including single-seat models such as the RV-3 and the four-seat RV-10 ...
-
News
Cessna 210 deliberately flown into Isle of Man cliff by pilot on undeclared medication
UK investigators believe a single-engined Cessna 210M was deliberately and fatally flown into a cliff face on the Isle of Man, by a pilot who had been suffering anxiety and sleep difficulties for several weeks beforehand. The aircraft (G-TOTN) departed Ronaldsway airport on the island on 17 July, flying a ...
-
News
Charter carrier Animawings’ founder seeks to acquire stake held by Aegean Airlines
Romania’s competition regulator is examining the proposed acquisition of charter carrier Animawings which is currently majority-owned by Greek operator Aegean Airlines. Animawings was established in 2020 and conducts services to various Greek island destinations. It was founded by travel firm Memento Group whose businesses include the tour operator Christian Tour. ...
-
News
Expression of interest in Glasgow Prestwick airport under examination: chief
Glasgow Prestwick airport’s management has told a Scottish parliamentary committee that it is looking at an expression of interest in the airport, which is currently under government ownership. Speaking before the economy and fair work committee on 6 December, Prestwick airport chief executive Ian Forgie said the approach was undergoing ...
-
News
Criminal investigation into alleged unapproved engine parts leads fraud officers to raid UK site
Criminal investigations have been launched into a UK-registered company, AOG Technics, which is suspected of distributing unapproved parts to airlines. As a result of the concerns which have emerged about the firm, the UK’s Serious Fraud Office has raided an address and arrested an individual. The person detained is being ...
-
News
TUI board considers UK delisting after liquidity migration to Germany
Leisure giant TUI is considering a delisting from the London stock exchange in favour of an upgraded listing in Frankfurt. The company says there has been a shift in the ownership of its shares on the exchanges and a “notable liquidity migration” from the UK to Germany, with over 75% ...
-
News
Stratolaunch prepares to introduce ex-Virgin Orbit 747-400 to aerospace test fleet
US air-launch specialist Stratolaunch has shown off the Boeing 747-400 it acquired after former operator Virgin Orbit was broken up earlier this year. Stratolaunch, based in Mojave, bid for the aircraft after Virgin Orbit entered US bankruptcy protection weeks after the 747’s first attempt to launch satellites from the UK ...
-
News
Lufthansa Group becomes latest to firm Airbus carbon-capture contract
Lufthansa Group has firmed its commitment to the Airbus carbon-capture initiative, following a provisional agreement last year. The company had been among seven operators to sign letters of intent to take part in the programme. Lufthansa Group’s contract covers pre-purchase of verified carbon-removal credits for 40,000t of carbon dioxide – ...
-
News
Air India shifts A350 order balance towards -900 variant
Air India appears to have rejigged its extensive Airbus order, splitting the A350 component equally between the -1000 variant and the smaller -900. The airline has also shuffled the single-aisle deal to place greater emphasis on the A321neo. Air India is taking 250 aircraft from Airbus as part of a ...
-
News
Dubai show orders nudge Airbus net total towards 1,400
Emirates’ order for 15 Airbus A350-900s and Air Baltic’s firming of 30 more A220-300s, both revealed at the Dubai air show, helped lift the airframer’s November activity. Airbus also separately secured a deal for 60 A320neos from lessor SMBC Aviation Capital during the month, while British Airways and Aer Lingus ...
-
News
EASA bids to reduce maintenance fraud risk by revising training framework
European safety authorities are proposing revisions to the regulatory framework governing maintenance training organisations, in order to cut the risk of fraud. The changes to Part-147 are contained in a newly-issued proposal from the European Union Aviation Safety Agency. EASA says the proposal intends to address the impact on safety, ...
-
News
El Al firms tourism joint-venture with travel company Issta
Israeli flag-carrier El Al has firmed its agreement with travel company Issta following their tentative deal to establish a tourism and package-holiday joint venture. El Al says it will hold 60% of the new subsidiary’s shares while Issta takes the 40% balance. The venture will develop, market and sell tourism ...
-
News
Saudi start-up Riyadh Air unveils network co-operation pact with Turkish Airlines
Saudi Arabian start-up carrier Riyadh Air has provisionally agreed to enter a strategic co-operation with Turkish Airlines. The agreement is set to include codeshare and interline operations between Riyadh and Istanbul, and the deal will also cover “points beyond”, the Saudi carrier says. “Guests of both airlines will be able ...
-
News
Israir acknowledges renewed merger interest from leisure carrier Arkia
Israir Group has acknowledged an approach from fellow Israeli leisure operator Arkia regarding a potential tie-up between the two airlines. It has not given details of any proposal, and points out that the contact is preliminary. Israir Group states that it examines applications for “various business opportunities” from companies and ...
-
News
Russian government places St Petersburg airport operator under new holding company
Russia’s government has ordered a restructuring of the Cypriot-based management company overseeing St Petersburg’s Pulkovo airport, to bring it under a domestic holding. The changes are detailed in a Russian presidential decree, issued on 30 November, which states that “special economic measures” are being applied to the field of air ...
-
News
El Al takes steps to mitigate conflict impact after profitable third quarter
Israeli flag-carrier El Al expects a 5-10% reduction in capacity over the fourth quarter, as a result of the Gaza conflict, and a fall in load factor, but it has yet to estimate the impact on the first quarter of next year. El Al says it experienced initial high demand ...
-
News
Challenger written off after wing-strike and excursion during London Stansted hard landing
UK investigators believe a Bombardier Challenger 604 crew’s approach to London Stansted was too slow for the crosswind conditions, causing it to land hard – nose-gear first – and strike the ground several times with its wing. The wing remained in contact with the ground and the jet experienced a ...
-
News
SAS to reduce ‘complex’ mainline wet-leasing arrangements next year
SAS is looking to cut back on the number of wet-lease agreements it has entered, in order to simplify its operation as it emerges from US Chapter 11 protection. The airline’s full-year financials show that wet-lease expenditure increased substantially, to SKr2.6 billion ($250 million), compared with pre-crisis figures of around ...
-
News
Improved SAS commercial performance 'cloaked' by fuel and currency effects
Scandinavian carrier SAS has turned in a full-year operating loss of SKr2.7 billion ($260 million) and net loss of SKr5.7 billion, as it enters the final stages of its restructuring programme under US Chapter 11 protection. Revenues for the year reached SKr42 billion, as passenger numbers rose by one-third to ...
-
News
Two Unity Air EMB-120s suffer separate serious accidents, hours apart, at same airport
Tanzanian regional carrier Unity Air Zanzibar has been involved in a bizarre occurrence during which two of its Embraer EMB-120 turboprops were involved in separate accidents at the same airport within hours. According to conservation organisation Tanzania National Parks, one of Unity Air’s EMB-120s “encountered a technical problem” while landing ...