2 April 2020

Germany looks to bail out Condor on temporary basis by nationalizing carrier

Financial, Top Stories

Talks with Polish Airline LOT to take over Condor, part of the now defunct Thomas Cook Group, are looking to grind to a halt amidst the current drop in domestic and international travel owing to COVID-19 restrictions. Having previously rescued the struggling carrier with a €380 million (US$415 million) state bridging loan to allow the […]

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IAG further reduces capacity and accesses job retention and wage support schemes

Financial

IAG has decided to lower capacity further to an approximately 90% reduction in April and May compared to last year. As a result of the significant decline in flying, IAG subsidiary British Airways is making use of the U.K.’s COVID-19 Job Retention Scheme to help U.K.-based employees placed on furlough. It has reached an agreement

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Thales Alenia Space appoints new member to its management

People

Thales Alenia Space, a joint venture between Thales (67%) and Leonardo (33%), has appointed Massimo Claudio Comparini as Deputy CEO and Senior Executive Vice President Observation, Exploration and Navigation Business Line at Thales Alenia Space as well as CEO of Thales Alenia Space Italia, with immediate effect. Comparini succeeds Donato Amoroso. Comparini, former CEO at

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Emirates to fly passengers outbound from UAE starting April 6th

Airlines & Routes

Emirates has received approvals to carry passengers on certain flights. Effective Monday April 6, initial flights will commence from Dubai to London Heathrow, Frankfurt, Paris, Brussels and Zurich, with four flights a week to London Heathrow, and three flights a week to the other cities. Operating from Dubai International airport Terminal 2 until further notice,

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J&C Aero and Colibri Aero develop first EASA-certified commercial Cargo Seat Bags for Airbus passenger cabins

Uncategorized

Colibri Aero, an international supplier of aircraft parts and interior solutions, together with J&C Aero, an international aircraft design and production organization, have developed universal Cargo Seat Bags for commercial and humanitarian cargo transportation inside Airbus A319/A320/A321 passenger cabins. The newly developed interior modification kit has already been approved by the European Aviation Safety Agency

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ALA – Advanced Logistics for Aerospace acquires Germany-based Industrio GmbH

Financial

ALA – Advanced Logistics for Aerospace has acquired a majority stake in Germany-based Industrio GmbH. ALA is an Italian private company owned by entrepreneurs Fulvio Scannapieco and Vittorio Genna and specialized in distribution, logistics and service provision to the aerospace and defense, energy and industrial markets. Industrio GmbH is an aerospace distribution company with a

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