News from FlightGlobal – Page 602
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NewsCDB Aviation’s fleet grew 20% in 2019
CDB Aviation acquired 40 aircraft on operating lease in 2019, growing its fleet by 19.7% year-on-year. In a statement summarising last year’s activity, the lessor says it signed lease transactions for 54 aircraft, along with agreements to sell 22 aircraft and acquire 17. Financing transactions inked during the year are ...
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NewsPhilippine Airlines leases two Dash 8s from TrueNoord
Philippine Airlines has agreed to lease two new De Havilland Canada Dash 8-400s from TrueNoord. One of the turboprops has already been delivered, says the regional aircraft lessor, and the other will join the airline’s fleet in February. The two aircraft, registered as MSN4610 and MSN4612, are the first Dash ...
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NewsNAC fleet reaches 500 aircraft
Nordic Aviation Capital has increased its fleet to 500 aircraft and posted its best first-half financial performance for the first six months of its current financial year. The Danish regional aircraft lessor, which has just opened a new headquarters building in the Irish city of Limerick, says it almost doubled ...
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NewsAdministration justifies Bek Air grounding with damning catalogue of flaws
Kazakhstan’s civil aviation administration has revealed a damning list of flaws in Bek Air’s flight operations and maintenance processes, to justify the carrier’s grounding. One of Bek Air’s Fokker 100s crashed on take-off from Almaty on 27 December, resulting in the enforced suspension of the airline’s operation – a measure ...
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NewsUdvar-Hazy: Boeing should rename ‘damaged’ 737 Max
Air Lease executive chairman Steven Udvar-Hazy believe Boeing should drop the word “Max” from the name of its latest Boeing 737 family, following two fatal crashes and the subsequent grounding.
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NewsAvolon foresees industry ‘turbulence’ in 2020
Boeing’s 737 Max “will safely return to revenue service” in 2020, Avolon has predicted in a new report, but the lessor expects “turbulence” in the aviation industry amid geopolitical uncertainty and rising environmental concerns.
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NewsStruggling SAA insists flight operations are continuing
South African Airways is maintaining operations for the time being, despite apparent increasing uncertainty over the ailing flag-carrier’s financing. The airline says it is “aware” of local media reports suggesting the airline is on the verge of ceasing operations. But it insists that flights to all destinations “continue as normal”. ...
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NewsXiamen Airlines seeks financing for two new ARJ21s
Xiamen Airlines is looking to finance two new Comac ARJ21 aircraft. The Chinese carrier is inviting bids from parties with net assets worth at least CNY100 million ($14.6 million) in their latest audited full-year financial statements. Alternatively, bidders should have experience providing aircraft financing, including sale-and-leaseback transactions, to China’s three ...
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NewsSIA and ANA in joint venture talks: reports
Singapore Airlines (SIA) and All Nippon Airways’ (ANA) are said to be discussing a joint venture partnership, The Straits Times has reported. It says the Star Alliance carriers may seal a deal by the end of this month and the scope of the proposed partnership is for flights between Japan ...
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NewsBek Air appeals against suspension as IATA code withdrawn
IATA has recalled the designator code for Kazakh carrier Bek Air, three weeks after a fatal take-off accident led to an enforced suspension of the carrier’s operations. Bek Air has filed an appeal against the suspension, claiming that the decision is illegal. The airline had been operating under the ‘Z9’ ...
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NewsDelta ramps up Miami flights to boost LATAM collaboration
Delta Air Lines says it will add 13 new daily nonstop flights from Miami to US destinations as its strategy following its $1.9 billion investment in Latin American carrier LATAM Airlines begins to take shape.
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NewsDelta jet slides off taxiway in winter weather
A Delta Air Lines Airbus A319 slid off a taxiway at Kansas City International airport during bad weather on 17 January, leading the airport to temporarily cease operations due to deteriorating winter conditions.
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NewsPutin orders proposals for new far-east Russian airline
Russian president Vladimir Putin has ordered a study into the potential for establishing a new airline for transport in the eastern regions of the country, particularly to remote areas. Putin has instructed prime minister Dmitry Medvedev to submit proposals for setting up an operator which would use Russian-built aircraft types, ...
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NewsAir Greenland opts for A330-800 to modernise fleet
Air Greenland has tentatively agreed to take a single Airbus A330-800 to replace the carrier’s ageing A330-200. The 305-seat aircraft – currently the subject of a memorandum of understanding, according to Airbus – is set to be delivered in 2021. It will mark a powerplant switch for the airline, because ...
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NewsFlybe rejects rivals’ bailout complaints
Flybe has dismissed suggestions by rivals Ryanair, EasyJet and IAG that the UK regional carrier is receiving unfair and illegal state subsidies, following the government’s decision to provide a bailout package.
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NewsTitan to replace 757-200s with A321LRs
UK-based charter operator Titan Airways is to introduce a pair of long-range Airbus A321LRs later this year. The aircraft, fitted with CFM International Leap-1A engines, will be delivered to the carrier, which is stationed at London Stansted, in late summer 2020 and start operations in the autumn. They are destined ...
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NewsIAG removes non-EU ownership limit
IAG has disclosed that the proportion of its shares held by “non-EU persons” has declined to 39.5%, from 47.5% in February 2019, enabling the group to remove maximum limits on non-EU ownership that ensure regulators class it as a European airline.
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NewsSuperjet plan emerges ahead of Adria Airways AOC auction
Collapsed Slovenian flag-carrier Adria Airways’ air operator’s certificate is set to be auctioned on 23 January, and the administrator for the bankrupt company is formally inviting bids. The invitation says the lot being presented for auction effectively amounts to the whole business of Adria, in particular all permits to operate ...
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NewsRomanian government discusses funding to rescue Tarom
Romania’s government has discussed allocating critical financial support to ailing flag-carrier Tarom during a meeting on 16 January. Transport minister Lucian Bode had asked prime minister Ludovic Orban to approve a draft memorandum for granting rescue aid, supplemented with restructuring aid, for 2020. After the meeting the head of the ...
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NewsANA expands Australian network with Virgin codeshare
ANA has inked a commercial partnership agreement with Virgin Australia, a new entrant to the Australia-Japan sector. From 30 January, ANA will place its code on six domestic routes operated by Virgin, from Sydney to Brisbane, Melbourne, Cairns, Canberra, Gold Coast and Adelaide. The partners expect to announce more codeshare ...