WestJet and Delta Air Lines have announced that their proposed U.S. – Canada transborder joint venture has received clearance under Canada’s Competition Act from the Canadian Competition Bureau. The CCB issued a no-action letter confirming that it does not intend to challenge the proposed joint venture agreement between WestJet and Delta Air Lines. Upon receipt …
Japanese low cost carrier Peach Aviation, has released its financial statement for fiscal 2018 (ended on March 31, 2019). Operating income totaled 60,409 million yen (previous year’s result: 54,740 million yen), operating profit was 4,136 million yen (previous year’s result: 5,793 million yen), and current net loss was 193 million yen (previous year’s result: net …
Peach Aviation posts full year net loss of 193 million yen Read More »
The U.S. Federal Aviation Administration (FAA) announced Wednesday, June 26, that it has found a new problem with the 737 MAX that it says Boeing must also address before the jet can return to service. It is understood it was discovered during a simulator test last week. As a consequence of the new discovery, it …
More problems for the grounded 737 MAX as U.S. regulator finds new flaw Read More »
Dubai Aerospace Enterprise (DAE) has signed a new long-term unsecured revolving credit facility with First Abu Dhabi Bank PJSC and HSBC Bank Middle East Limited as Bookrunners and Mandated Lead Arrangers. Following an oversubscription in syndication the Facility was closed at an amount of US$440 million with a group of 12 lenders. The Facility will …
DAE signs new US$440 million unsecured revolving credit facility Read More »
Moscow Domodedovo Airport has become the first Russian airport to sign ‘NetZero2050’ resolution during the 29th ACI EUROPE Annual General Assembly. The initiative addresses global climate change. Within the frameworks of ‘NetZero2050’ resolution, 194 airports representing 24 countries across the globe have committed to reaching net zero carbon emissions by 2050. The initiative will lead …
Moscow Domodedovo Airport to join NetZero2050 commitment Read More »
AJW Technique, the maintenance hub for the AJW Group’s component repair and overhaul service, based in Montreal, has undertaken the Transport Canada Civil Aviation (TCCA) Process Inspection (PI) with zero findings and zero observations. In addition to a detailed review of the large number of work orders, the TCCA also audited the Oxygen Mask facility …
Transport Canada Civil Aviation (TCCA) successfully completes audit of AJW Technique Read More »
BOC Aviation has delivered the final Boeing 737-800NG aircraft from its orderbook. This marks an 18 year association with the Next Generation programme. During this period, the Company took delivery of 209 Boeing 737 Next Generation aircraft, including 161 737-800NG aircraft. Today’s aircraft has been delivered to Skymark Airlines and will mark BOC Aviation’s ten …
BOC Aviation delivers Boeing 737-800NG to Skymark Airlines Read More »
As part of its strategy of having “the youngest fleet of global network carriers”, American Airlines has announced it is to retire the final 26 of its original mainline fleet of 30 MD-80 aircraft nicknamed “Mad Dog”. The final flight, Flight 80, will leave the carrier’s main base at Dallas Fort Worth International Airport, Texas …
American Airlines to retire its fleet of 26 MD-80s Read More »
