9 February 2021

Aer Lingus and Dublin Airport Authority get financial help from ISIF

Financial, Top Stories

On Monday, February 8, the Irish Strategic Investment Fund (ISIF) released details of its commercial investments in COVID-19 pandemic-hit businesses, which includes a three-year, €150 million loan to IAG’s Irish airline, Aer Lingus, and a €40 million loan to the Dublin Airport Authority. The ISIF was launched in 2014 to invest in supporting economic activity […]

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TUI © AirTeamImages

TUI reports first financial quarter 2021 results, fully prepared for holiday season

Financial

TUI continued to realign the Group in the first financial quarter of 2021 (October to December) against a backdrop of widespread lockdowns and massive travel restrictions and is prepared for a relaunch of its tourism business in the coming weeks. Tourism was the first industry to be affected by massive COVID-19 restrictions which came into

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Tiziana Masullo appointed as Managing Director and President of ATR Americas

People

ATR has appointed Tiziana Masullo Managing Director and President of ATR Americas, a subsidiary of ATR, effective from December 2020. Based in Miami, Masullo previously served as Vice President of Services Sales and Contracts, and succeeds Jurgen Lebacs. She will oversee a staff of 32 people covering the following areas: technical support and safety, training

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Air Charter Scotland Europe now flying on Maltese AOC

Airlines & Routes

Air Charter Scotland, a British private jet operator and aircraft management company, has ratified six months’ preparation during the summer lockdown to secure an international Maltese Air Operator’s Certificate. Two aircraft from its ten-strong fleet are now under the Maltese jurisdiction, enabling the business to operate within the EU under fifth freedom rights (the ability

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Safran and HAL sign MoU on military engine collaboration

Military & Defense

Hindustan Aeronautics Limited (HAL) and Safran Aircraft Engines have signed a MoU (Memorandum of Understanding) announcing their intent to work together on bringing niche engine technology to India. Under the terms of the MOU, HAL and Safran Aircraft Engines intend to explore opportunities to assemble the Safran M88 engine and manufacture components for the engine with HAL for an

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Delta extends middle seat blocking through April 2021

Airlines & Routes

Delta is continuing its commitment to provide more space on board as the only U.S. airline to block middle seats and limit capacity on all flights departing through April 30, 2021, ensuring customers can confidently plan and book their spring travel.  The airline has consistently listened to its customers and prioritized their preferences by offering more space through seat blocking

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