17 March 2023

Virgin Orbit operations on hold as further investment sought

Richard Branson’s Virgin Orbit has temporarily put all operations on hold while the company looks to secure additional funding. The move follows on from the failed first launch of its satellite mission from UK soil back in January. In a statement, the company confirmed: “Virgin Orbit is initiating a company-wide operational pause, effective (from) March […]

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Cargo aircraft

WorldACD figures indicate global cargo tonnages flatten as average rates further soften

Global air cargo tonnages appear to have stabilised following its post-Lunar New Year bounce-back in recent weeks and its steady decline throughout most of last year, while average rates continue its gradual softening trend, the latest preliminary figures from WorldACD Market Data indicate. Figures for week 10 (6 to 12 March) show a small decrease

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London Gatwick Airport reports strong financial results for 2022

London Gatwick Airport has published its financial results for 2022, and recognising the urgent need to make net-zero a reality has accelerated its commitment to be net- zero for its own Scope 1 and 2 carbon emissions by 2030, ten years ahead of its previous commitment. This commitment is aligned with both VINCI Airports’ environmental action

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AFI KLM E&M selects Exail to supply flight simulator for E-3F AWACS aircraft

Exail, formerly ECA Group, and AFI KLM E&M have signed a major new contract for the supply of a full-flight simulator (FFS), designed to train crews on the E-3F AWACS (Airborne Warning and Control System) aircraft used in airspace defence by the French Air Force. This full-flight simulator (FFS) will provide an identical replica of

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LHT hands over third Airbus A350 government aircraft to German Armed Forces

Lufthansa Technik has handed over another new Airbus A350 government aircraft to the German Armed Forces. Prior to this, the modern long-haul jet was ceremonially christened “Theodor Heuss”, after the first President of the Federal Republic of Germany. The aircraft was ferried from Lufthansa Technik’s Hamburg base to Cologne-Wahn airport on March 17, to be

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Bluebird Nordic plans to obtain Air Operator Certificate (AOC) in Slovakia

Bluebird Nordic, the Icelandic ACMI leasing and cargo airline, is planning to obtain an Air Operator Certificate (AOC) in Slovakia, expanding its operations in Europe. The company’s decision comes as a strategic move to enter new and prominent markets. “Slovakia is ideally positioned in the middle of Europe, which offers great opportunities for a wider

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