28 August 2024

SAS has successfully exited U.S. Chapter 11 bankruptcy proceedings

SAS exits U.S. Chapter 11 bankruptcy with stronger balance sheet and new ownership

Financial

Swedish airline SAS has successfully exited U.S. Chapter 11 bankruptcy proceedings, marked by a strengthened balance sheet and new ownership. The restructuring process involved the company reorganising over US$2 billion in debt, adjusting its fleet and delisting its stock, which resulted in the elimination of the stakes held by more than 250,000 former shareholders. During […]

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Florian Lis-Srajer

ASQS appoints Florian Lis-Srajer as Head of Operations Thailand

People

ASQS, a provider of integrated safety and quality management software for the aviation industry, has announced the appointment of Florian Lis-Srajer as Head of Operations Thailand, effective September 2024. This strategic promotion underscores the company’s commitment to nurturing talent and advancing leadership from within, as part of its mission to strengthen and expand its global

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Air Corsica ATR 72-600

ATR marks milestone with 1,700th aircraft delivery

Aircraft & Engines

ATR, the regional aircraft manufacturer, has announced the delivery of its 1,700th aircraft since the programme’s inception, a significant milestone achieved with the hand-over of an ATR 72-600 to long-standing customer Air Corsica. This delivery completes Air Corsica’s transition from the older ATR -500 series to the latest-generation of turboprop aircraft, reflecting the airline’s commitment

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Local government officials, community leaders, industry partners and Collins Aerospace leadership at the ground-breaking ceremony in Spokane

Collins Aerospace breaks ground on Spokane facility expansion

MRO & Production

Collins Aerospace, an RTX business, has marked the ground-breaking of its expansion at the Spokane carbon brake production facility. Local government officials, community leaders, industry partners and Collins Aerospace leadership gathered to celebrate this milestone at the manufacturing site. The expansion will add 70,000 ft² to the facility, increasing its footprint by 50% to enhance

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