Virgin Australia Holdings (Virgin Australia) has called in Vaughan Strawbridge of Deloitte to act as administrator for Australia’s second-largest airline which has accrued debts of AU$5 billion (US$3.15 billion). Having failed to operate profitably for the last seven years and the impact of the COVID-19 pandemic, failing to obtain a bailout loan of AU$1.4 billion […]
Virgin Australia goes into administration Read More »
The International Air Transport Association (IATA) has called for governments to work with the industry on confidence-boosting measures in the face of an anticipated slow recovery in demand for air travel. “Passenger confidence will suffer a double whammy even after the pandemic is contained—hit by personal economic concerns in the face of a looming recession
IATA calls for governments to work with industry on confidence-boosting measures Read More »
Eirtech Aviation Services will support one of Europe’s largest leading airlines with a request to transport essential personal protective equipment (PPE) and other medical supplies in the cabin. Eirtech, in conjunction with Resonate Testing, successfully carried out flammability tests relating to the installation of cargo bags within the cabin to allow the transportation to go
Magnetic MRO, a Total Technical Care and asset management organization, has acquired tooling, dedicated to the engine workshop and drastically expanding its capabilities which already have received full EASA AND FAA approvals. New tooling has already been delivered to Magnetic MRO’s engine workshop in Tallinn, Estonia. This latest addition adds more than 40 new services
Magnetic MRO drastically expand engine workshop capabilities Read More »
Thomas Global Systems has received European Aviation Safety Agency (EASA) Supplemental Type Certificate (STC) approval for its TFD7000 Series plug-and-play LCD flight displays for Boeing 757 and 767 cathode ray tube (CRT)equipped aircraft. It is the first EASA-approved retrofit of its kind for Boeing 757-200/300 and 767200/300 aircraft. The TFD-7000 Series delivers 757/767 flight decks
APOC Aviation has purchased an A319-111 from SMBC Aviation Capital for tear-down. MSN 3380 was previously operated by Spanish flag-carrier, Iberia, and is the fourth A320 family plane acquired this year. Two are already being parted out in Marana, Arizona, and this particular aircraft is already located at eCube in Wales, awaiting the easing of
APOC Aviation acquires A319 for teardown Read More »
Air Canada will suspend scheduled service to the U.S. after April 26 as a result of the agreement between the governments of Canada and the United States to extend border restrictions by an additional 30 days, effective April 21. Air Canada plans to resume service to the U.S. May 22, subject to any further government
Air Canada to temporarily suspend U.S. flights Read More »
Over recent weeks, billionaire Sir Richard Branson has been on the receiving end of negative press in relation to his request to the British government for a £500 million (US$625 million) bailout to stop Virgin Atlantic going bust. Many feel he should use part of his estimated £4.7 billion (US$5.88 billion) personal fortune instead. Branson
Richard Branson to mortgage Necker Island as he seeks bailout for Virgin Atlantic Read More »
Heston MRO MTOE (Heston), the independent MRO organization headquartered in Brisbane, Australia, has added Part 147 Technical Training capability to its range of services. On April 7, the Australian Civil Aviation Safety Authority (CASA) approved Heston and issued a Part 147 Approval Certificate, allowing itto deliver technical training courses, conduct examination, as well as issue
Heston MRO adds Part 147 Technical Training Organisation Read More »
For the first-quarter of 2020, United Airlines Holdings (UAL) and United Airlines, a wholly-owned subsidiary of UAL, recorded a pre-tax loss of US$2.1 billion, $1.0 billion pre-tax loss on an adjusted basis. Total revenues were US$8.0 billion, a 17% decline year-over-year. The results are preliminary and final results for the first quarter may change. As
United reports preliminary first-quarter pre-tax loss of US$2.1 billion Read More »
