23 June 2021

Aer Lingus blasts ‘anti-family’ travel restrictions – burn rate €1 million a day

Having posted a loss of €563 million last year and €103 million for the first quarter this year, Aer Lingus is exploring numerous options with regard to restructuring and obtaining financial support. Owned by IAG, which also owns British Airways, Iberia and Vueling, Aer Lingus has already been the recipient of a €150 million loan …

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SkySelect signs TAP Air Portugal to transform the carrier’s aircraft parts purchasing

SkySelect signs TAP Air Portugal to transform the carrier’s aircraft parts purchasing SkySelect, an extended purchasing arm for aircraft material powered by smart algorithms and robotic process automation, has announced the signing of TAP Air Portugal to a contract to facilitate cost savings and a streamlined approach to the airline’s parts purchasing. The flagship carrier …

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Boeing to boost U.K. Royal Air Force Chinook fleet

U.S. Special Operations Command has awarded Boeing a US$578 million Foreign Military Sales contract approved by the U.S. Department of State to deliver 14 extended-range Chinook helicopters to the U.K. Royal Air Force (RAF). The extended-range Chinook gives the RAF fleet more versatility to execute the domestic and international heavy-lift missions that only the Chinook …

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Cathay Pacific Airways and HK Express select Airbus’s FHS to support A320-family fleets

Cathay Pacific Airways and HK Express have signed contracts for Airbus Flight Hour Services (FHS) to provide support for their A320-family fleets. These extend the service relationship with Cathay Pacific and welcome HK Express as a new FHS customer. The multi-year, maintenance-by-the-hour contracts cover integrated component services, including on-site stock, pool access, and repair services. …

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Finnair and Juneyao Airlines enter into joint business partnership

Finnair and Shanghai-based Juneyao Airlines will enter to a joint business partnership on July 1, 2021, where the two carriers will cooperate commercially on flights between Helsinki and Shanghai as well points beyond in China and Europe.  Finnair and Juneyao Airlines started a codeshare cooperation in July 2019, when Juneyao Air launched its Shanghai-Helsinki route. The joint business further deepens the …

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Qatar Airways Cargo offers customers Envirotainer’s Innovative Releye® container for pharma transport

Qatar Airways Cargo has announced the approval of Envirotainer’s latest innovation – The Releye® RLP container. With the newest addition to its range of temperature-controlled containers, the airline now offers 16 temperature-controlled container leasing options for life science and health care products to maintain a secure and seamless cool chain. It has been offering customers Envirotainer’s …

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AeroCentury files proposed plan of reorganization

AeroCentury (AeroCentury) has announced that the company and its two U.S. subsidiaries (collectively the debtors) have filed with the Delaware Bankruptcy Court a proposed combined Plan of Reorganization and Disclosure Statement with respect to its proposed plan to exit Chapter 11 bankruptcy protection. The proposed plan was filed in connection with the company’s motion to …

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