Located in central Virginia, Rolls-Royce has announced the forthcoming closure of its Prince George County aircraft parts factory, scheduled for mid-2021. Like many businesses connected to the commercial aerospace industry, the Rolls-Royce plant has been heavily hit by the downturn in demand for travel during the COVID-19 pandemic and had already laid off 190 workers […]
A Boeing 777 Freighter joined the Volga-Dnepr Group fleet of 24 Boeing freighters on August 17, having departed from Paine Field in Everett, Washington. The fuel-efficient twin-engine freighter will begin operations with AirBridgeCargo, a subsidiary of Volga-Dnepr. AirBridgeCargo will operate the airplane via a sale-leaseback agreement with Dubai Aerospace Enterprise (DAE). Volga-Dnepr Group is among
Volga-Dnepr Group takes delivery of Boeing 777 Freighter Read More »
Finnair is considering the issuance of new euro-denominated capital securities (New Capital Securities). The potential issue is expected to take place in the near future subject to market conditions. The maximum principal amount of the potential issue is €200 million. At the same time, the company announces that it invites the holders of its outstanding
Finnair considers issuance of new capital securities Read More »
Pro Star Aviation, an innovative aerospace modification center, has announced its partnership with Elliott Technologies as a new distributor for Prizm Lighting Technologies, expanding its offerings for the business jet market. Prizm LED cabin lighting is a full-color-spectrum mood lighting solution that can be controlled through a mobile app or existing cabin lighting controls. Designed
Pro Star Aviation partners with Elliott Technologies Read More »
Ryanair will reduce its flight capacity by 20% during the months of September and October as forward bookings have notably weakened over the last 10 days, given continuing uncertainty over recent Covid case rates in some EU countries. Ryanair confirmed that most of these cuts would be frequency reductions rather than route closures, and they
Ryanair cuts capacity in September and October by almost 20% Read More »
Swissport and Qatar Airways Cargo have renewed their agreement covering airport ground services and cargo handling at Schiphol Airport in Amsterdam, Netherlands. The contract includes ramp handling and air cargo warehousing as well as handling of general cargo, pharmaceuticals, dangerous goods and temperature-sensitive goods. The contract is valid until the end of 2025. The renewed
Swissport wins Qatar Airways Cargo business in Amsterdam, Manchester and Birmingham Read More »
Cambridge City Airport in the U.K. has become the first southern base for Apollo Air Services, a leading VIP helicopter charter service. Apollo already has four bases in the north, in Carlisle, Leeds, St Andrews, and Cardiff. The new addition of Cambridge will make the company better placed to meet the growing demand for helicopter
Cambridge Airport becomes first southern base for Apollo Air Services Read More »
