5 October 2020

KLM looks to Dutch government for €3.4 billion loan which has strings attached

KLM Royal Dutch Airlines (KLM) has submitted its critical restructuring plan to the Dutch government as part of its commitment to reduce operating costs. The government had stipulated that the carrier needed to reassess its strategy, cost-cutting initiatives, financial considerations and how staff will embrace reduced employment conditions amounting to income-dependent, graduated cutbacks of up […]

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Farsound Aviation expands U.K. headquarters as part of longer-term growth plans

Farsound Aviation has purchased the building adjacent to its U.K. headquarters in Romford, Essex. The acquisition, which was finalized earlier this month, comes as part of the aero engine MRO supplier’s wider ambitions to develop the company in a carefully laid out expansion plan that will culminate in 2021. Despite continued challenges in the aviation

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Emirates expands network in Europe to 31 destinations

Emirates will resume flights to Budapest (from October 21), Bologna (November 1), Dusseldorf (November 1), Hamburg (November 1) and Lyon (November 4), expanding its European network to 31 destinations, and offering customers around the world convenient connections via Dubai. The addition of these five destinations takes Emirates’ global network to 99 destinations, as the airline

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Queensland to assemble Boeing’s first Australian-designed, developed, unmanned aircraft

Queensland, Australia, will be the final production home for Boeing’s unmanned defense aircraft – the first military aircraft to be designed, engineered and manufactured in Australia in more than 50 years. Premier Annastacia Palaszczuk said a visionary new partnership with Boeing Australia means more high-skilled jobs, local supply opportunities and defense industry stimulus as Queensland

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