On Tuesday, July 23, Kenya’s parliament voted in favour of nationalising the country’s flag-carrying airline in a bid to help it overcome problems with mounting debts. With a failed expansion program behind it and a slump in air travel which forced the carrier to restructure US$2 billion of debt in 2017, rather than allow Kenya […]
Kenya’s parliament votes to nationalise loss-making Kenya Airways Read More »
British Airways’ (BA) attempts to get a high-court injunction against its pilots’ threatened strike has failed. Rather than return to the negotiating table, BA will now look to appeal the decision, though no date has been given for this. Despite over 90% of BA’s other staff, represented by unions including Unite and GMB, looking to
Courts reject BA’s attempts to halt impending pilots’ strike Read More »
WestJet Airlines’ shareholders and optionholders have overwhelmingly voted to approve its previously announced proposed transaction with Onex Corporation, at a special meeting held July 23. Of the votes cast at the Meeting, more than 92.5% of shareholders and optionholders who voted were in favour of the proposed transaction. WestJet and Onex entered into a definitive
WestJet receives securityholder support for acquisition by Onex Read More »
XTI Aircraft Company has selected GE’s CatalystTM engine as the core of its TriFan 600 hybrid-electric propulsion system. The two companies will work together to define a series hybrid architecture that will meet the TriFan performance requirements. GE’s Catalyst is the first clean-sheet turboprop engine to hit the general aviation market in more than 30
GE and XTI to study hybrid propulsion solution for TriFan 600 with GE’s Catalyst Read More »
The Vietnam Civil Aviation Authority Monday granted the Aircraft Operator Certificate (AOC) to Vietstar Airlines, making it the sixth airline in Vietnam. The AOC is a certificate approved by a regulatory authority, allowing a carrier to operate aircraft for commercial purposes within a specified scope of activities. Vietstar Airlines is allowed to operate two types
Vietstar Airlines receives Aircraft Operator Certificate Read More »
Boeing has signed a multiyear agreement with Tecnam to be the sole provider of aftermarket spare parts and distribution services for the P2012 Traveller, Tecnam’s first commuter airline aircraft. Boeing will assume distribution responsibilities, including forecasting, ordering and delivering all original equipment manufacturer (OEM) genuine replacement parts for the P2012 Traveller through its Aviall distribution
Boeing becomes sole provider of aftermarket parts for new Tecnam P2012 traveller Read More »
AAR subsidiary Airinmar has signed a three-year agreement with Smartwings, a Czech airline, to provide component Value Engineering Services for maximum cost savings. In May, Airinmar began applying its Value Engineering expertise and in-house support systems to identify and deliver opportunities to reduce the cost of maintenance on a wide range of aircraft equipment, including
Skyworld Aviation and Peter Greensmith of Papa Golf Aviation have partnered up to arrange the sale of two ATR 72-500 aircraft to Hi Airlines of South Korea. The aircraft were previously in operation with Air Tahiti. Serial number 862 was the first to deliver to Hi Airlines on April 5, 2019, with the second, serial
Hi Airlines of South Korea takes delivery of two ATR 72-500s Read More »
The Boeing Company has reported second-quarter revenue of US$15.8 billion, GAAP net loss of (US$2.9) billion, loss per share of (US$5.21) and core loss per share (non-GAAP) of (US$5.82), reflecting the previously announced 737 MAX charge (which reduced revenue by US$5.6 billion and earnings by US$8.74 per share) as well as lower 737 deliveries partially
Boeing reports biggest ever second quarter loss of close to US$3 billion Read More »
Robinson Helicopter Company has expanded its FAA/EASA approved Repair Station by opening a stand-alone 37,000 ft² facility dedicated to repairs and overhauls. Completed in approximately 18 months, the facility was designed to streamline the repair, inspection, and overhaul process. As the size of the Robinson fleet (12,000+) grows, the demand for quick repair of parts
Robinson opens dedicated overhaul/repair facility Read More »
