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Consumer Advocacy Sees Niki Bankruptcy Moved to Austrian Courts

In a remarkable course of events, airline passengers affected by the bankruptcy of Air Berlin subsidiary Niki, now have a greater chance of recouping their €1.2 million (US$1.45 million) in open claims. As a result of a successful appeal lodged by passenger rights advocate Fairplane, bankruptcy proceedings surrounding Niki have now been moved to Austrian

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Airbus and Chinese partners strengthen cooperation

In the presence of visiting French President Emmanuel Macron and Chinese President Xi Jinping, Airbus has signed a Memorandum of Understanding with the National Development and Reform Commission of China (NDRC) on the further development of industrial cooperation in Tianjin. The agreement was signed by He Lifeng, Chairman of the National Development and Reform Commission

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Emirates and Etihad sign historic MoU for new security agreement

Emirates Group Security, a subsidiary of the Gulf carrier Emirates, and Etihad Aviation Group (EAG) have signed a Memorandum of Understanding (MoU) to cooperate in the area of aviation security. The MoU was signed in Dubai by Tim Clark, Emirates President, and Tony Douglas, Etihad CEO, in the presence of Sheikh Ahmed bin Saeed Al

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Over 3,600 U.S. flights canceled as storms hit East Coast

The latest winter’s storm to hit the U.S. has seen over 3,600 flights canceled on Thursday, with Newark and Boston airports hardest hit. The majority of canceled flights are domestic, and airports are operating a ‘wait and see’ policy with regard to the cancelation of international flights, many of which were scheduled to depart in

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Over 3,600 U.S. flights canceled as storms hit East Coast

The latest winter’s storm to hit the U.S. has seen over 3,600 flights canceled on Thursday, with Newark and Boston airports hardest hit. The majority of canceled flights are domestic, and airports are operating a ‘wait and see’ policy with regard to the cancelation of international flights, many of which were scheduled to depart in

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Magnetic MRO expands into Asia with share sale to Guangzhou Hangxin Aviation Technology

The global Total Technical Care maintenance and asset management organisation, Magnetic MRO, together with existing shareholders, including majority shareholder BaltCap, have agreed to sell 100% of shares in Magnetic MRO to Guangzhou Hangxin Aviation Technology (Hangxin.) According to Magnetic MRO CEO Risto Mäeots, “Magnetic MRO management has been actively looking for opportunities to expand into

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Magnetic MRO expands into Asia with share sale to Guangzhou Hangxin Aviation Technology

The global Total Technical Care maintenance and asset management organisation, Magnetic MRO, together with existing shareholders, including majority shareholder BaltCap, have agreed to sell 100% of shares in Magnetic MRO to Guangzhou Hangxin Aviation Technology (Hangxin.) According to Magnetic MRO CEO Risto Mäeots, “Magnetic MRO management has been actively looking for opportunities to expand into

Read More »
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