In a bid to deal with the economic ramifications of the COVID-19 pandemic Norwegian, Europe’s third-largest low-cost carrier, is now looking to convert up to US$4.3 billion of debt into equity and will be issuing new shares in an attempt to stay afloat. The strategic move is in response to the requirements needed to meet […]
At its extraordinary meeting on April 2, the Lufthansa Technik Supervisory Board has appointed Dr. Detlef Kayser as the new Chairman of the Supervisory Board. He will take over from Carsten Spohr with effect from the same date. In addition, Thorsten Dirks was elected as a new member of the Supervisory Board. With this decision,
Changes in the Supervisory Board of Lufthansa Technik Read More »
As an effect of the COVID-19 pandemic and the travel restrictions imposed by many governments, SAS’ capacity was reduced by over 45% compared to last year. During April, almost all flights will be canceled except for a few domestic routes in Norway and Sweden. SAS’ total traffic in March declined -62% and capacity was down
SAS’ capacity down -45.4% in March Read More »
Leonardo has been awarded a contract by Pilatus Aircraft to provide airborne communications systems, cockpit control panels and associated electronics for installation on-board PC-21 single-engine turboprop trainers being supplied to the Spanish Air Force (Ejército del Aire). The aircraft were ordered by the Spanish Ministry of Defense through its Armament and Material Directorate (DGAM) to
Leonardo to supply range of electronics for Spanish Air Force PC-21 trainers Read More »
Boeing Australia has achieved two more milestones on the Royal Australian Air Force’s Loyal Wingman – Advanced Development Program: weight on wheels and aircraft power on. The development milestones for the unmanned aircraft come just weeks after completion of the first fuselage, allowing for rapid progress on systems installation and functional and integration testing from
Boeing’s Loyal Wingman program achieves ‘weight on wheels’ milestone Read More »
Air France KLM Group’s March traffic figures were strongly impacted by COVID-19, reflecting progressive extension of capacity reductions due to the global expansion of the virus. Special flights have been operated by Air France, KLM and Transavia to repatriate citizens to their home countries, in close cooperation with the governments of France and the Netherlands.
Air France KLM Group reports March traffic figures Read More »
American Airlines is expanding its cargo-only operation this month to provide more than 5.5 million pounds of capacity to transport critical goods each week between the U.S. and Europe, Asia and Latin America. These flights will help transport life-saving medical supplies and materials to the U.S., including personal protective equipment and pharmaceuticals. Other essential goods
American Airlines increases weekly cargo-capacity to 5.5 million pounds Read More »
Air Lease Corporation (ALC) has announced an update on deliveries, sales and new significant financing occurring in the first quarter of 2020. As of March 31, 2020, ALC’s fleet was comprised of 301 owned aircraft in its operating fleet and 82 managed aircraft with 399 new aircraft on order from Boeing and Airbus set to
Air Lease Corporation activity update for first quarter of 2020 Read More »
