May 1, 2020

€7 billion bailout package for Air France comes with major environmental caveat

French finance minister Bruno Le Maire has announced that the €7 billion (US$7.7 billion) package of state and bank loans being offered to the ailing French-flag-carrying Air France will come with significant “green strings” attached to it. The principal demand is that in return for financial support, Air France sets itself a target of becoming […]

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American Airlines officially retires Embraer E190 and Boeing 767 fleets

Uncategorized

As flying schedules and aircraft needs are fine-tuned during this period of record low demand, the carrier will take the unique step of retiring a total of five aircraft types. American has officially retired the Embraer E190 and Boeing 767 fleets, which were originally scheduled to retire by the end of 2020. The airline has

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GE Aviation Awarded US$707 million for F110 engine production

Military & Defense

The U.S. Air Force Life Cycle Management Center (AFLCMC) has awarded GE Aviation four contract actions valued at around US$707 million for F110-GE-129 engine production. These contracts which fall under an existing indefinite-delivery/indefinite-quantity (IDIQ) contract, will provide F110 engines, installs, spares and modernized engine management system computers for Lockheed Martin F-16C/D Block 70 aircraft, as

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United Airlines reports first-quarter net loss of US$1.7 billion

Financial

United Airlines (UAL) has reported first quarter 2020 financial results with a net loss of US$1.7 billion, and an adjusted net loss of US$639 million. The company’s total liquidity as of the close of business on Wednesday, April 29, 2020 was approximately US$9.6 billion, including US$2 billion under its undrawn revolving credit facility. The company

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Norwegian ANSP chooses Airways’ simulator solution

Uncategorized

Airways International has been selected by Avinor Air Navigation Services (ANS) to deliver TotalControl simulator systems at six air traffic control units throughout Norway. Avinor ANS awarded the contract to Airways in mid-April following a rigorous contract tender and negotiations process involving ATC simulator providers across the globe. The Avinor ANS contract is to supply

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Airbus developing solution for airlines to use widebody aircraft for pure cargo operations

MRO & Production

Airbus is developing a modification for A330 and A350 family aircraft which will enable airlines to install freight pallets directly onto the cabin floor seat tracks, after removal of the economy-class seats. This solution will help any airline’s own business continuity, and also alleviate the global shortage of ‘belly-freight’ air cargo capacity due to the

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O2 Aero Acquisitions acquires Aerox Aviation Oxygen Systems

Financial

O2 Aero Acquisitions has acquired Shaw Aerox (Aerox), a leading designer and manufacturer of installed and portable oxygen systems and accessories for aviation and medical users, for an undisclosed amount. Scott E. Ashton, O2 Aero Acquisitions Managing Director, has been named President and CEO. The company, which has been rebranded as Aerox Aviation Oxygen Systems,

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Second Boeing 777X takes to the skies

Aircraft & Engines

Boeing has conducted a productive and successful first flight of the second 777X airplane. The aircraft flew for 2 hours and 58 minutes over Washington state before landing at Seattle’s Boeing Field. Designated WH002, this airplane is the second of four in a dedicated flight-test fleet and will test handling characteristics and other aspects of

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Commsoft announces management restructuring

People

Communications Software (Airline Systems), Commsoft, has announced a management restructuring programme which will position the company for future international growth. Patrick Cusk joins the Commsoft team as Presiden. Cusk is also Vice President of Operations at Valsoft Corporation (which acquired Commsoft last year) and has a background in vertical software applications, structured finance and commercial

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