1 December 2015

AirAsia flight QZ8501 crash report released

Faulty equipment has been given as “major factor” leading to the crash of AirAsia flight QZ8501 which crashed into the Java Sea on 28 December, 2014 killing all 162 people on board, according to Indonesian officials. The Airbus A320-200 was travelling from Surabaya to Singapore and while investigators initially indicated that stormy weather was likely […]

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Hawaiian Airlines to expand service to Japan

Hawaiian Airlines plans to begin daily nonstop service between Narita International Airport (NRT) and Honolulu International Airport (HNL) starting July 22nd, 2016. Hawaiian’s new Narita route will complement its existing daily service to Tokyo Haneda Airport (HND), providing two daily flight options to travelers in the Greater Tokyo region. Hawaiian Airlines will operate an Airbus

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Pratt & Whitney, Israeli Ministry of Defense sign historic 15 year F100 engine sustainment contract

Pratt & Whitney has signed a fixed-price, fleet management program (FMP) contract with the Israeli Ministry of Defense (IMOD), in support of the Israeli Air Force (IAF), designed to provide 100% daily propulsion readiness for the entire Israeli fleet of F-15I and F-16I aircraft for the next 15 years. Starting Jan. 1st, 2016, Pratt &

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Air Canada launches private offering of enhanced equipment trust certificates

Air Canada launched a private offering of three tranches of enhanced equipment trust certificates with an aggregate face amount of U.S.$537,092,000 (the “Certificates”). Each class of Certificates will represent an interest in a related pass through trust. The trusts will use the proceeds from the offering to acquire equipment notes to be issued by Air

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Finnair to sell facilities at Helsinki Airport to Finavia

Finnair’s strategic objective is to double its Asian traffic by 2020 from the level of 2010. To enable its growth, Finnair has ordered 19 new Airbus A350 XWB aircraft, which also increase Finnair’s cargo capacity considerably. With a view to the growth of its cargo traffic, Finnair is constructing a new state-of-the-art cargo terminal to

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