China Airlines' holding company, China Aviation Development Foundation (CADF), is to sell 16 per cent of its 82 per cent stake in the Taiwanese flag to help finance new aircraft and boost the carrier's paid-up capital.
Meanwhile, TransAsia Airways is to delay its planned IPO on Taipei's stock exchange from the second half of this year to early 1997, ostensibly to allow time for completing documents.
Source: Airline Business
UK investigators have disclosed that a vintage glider was damaged in collision with a small drone being flown by a young operator. The Slingsby T21B – built in 1947 – has a high-wing configuration and an open cockpit, with two seats arranged side-by-side. It had been carrying a pilot and ...
Norwegian investigators believe aviation regulators and the government should assess whether sufficient consideration is given to flight safety when granting aerodrome licences, following a series of flight-school incidents at Gullknapp Arendal airport.
Latvian carrier Air Baltic’s training arm is to acquire a number of all-electric Diamond Aircraft models, as part of a modernisation of its fleet. The company has reached a tentative agreement for three Diamond eDA40s, a derivative of the single-engined DA40. It will also take a pair of twin-engined DA42-VIs. ...
