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CDB Aviation signs MoU for 45 Airbus A320neo Family jets

Airbus has announced that Dublin-based CDB Aviation Lease Finance DAC (CDB Aviation) has signed a memorandum of understanding (MoU) for 30 A320neo jets and 15 A321neos, with cabin configuration and engine choice to be decided at a later date. In addition to this MoU, 15 A320neos from a previous CDB Aviation order are being changed

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Qatar looks to U.N. to resolve Gulf airspace dispute

Following the escalation of the diplomatic row between Qatar, and Egypt, Bahrain, The United Arab Emirates and Saudi Arabia, which has seen the cutting of diplomatic and transport ties, the Gulf state has turned to the United Nations (U.N.) for help. Qatar has sent a letter to the International Civil Aviation Authority (ICAO) governing council

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Trump agrees to privatization of U.S traffic control

Based on principles that have been debated for years, President Trump has endorsed a proposal to privatize air traffic control in the U.S. with the signing of a memo and letter to Congress. The move forms a part of Trump’s US$1 trillion initiative to rebuild the country’s ageing infrastructure, which includes old and inefficient airports.

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Airlines face chaos as Arab nations cut ties with Qatar

Saudi Arabia, Egypt, Bahrain and the United Arab Emirates have cut ties with fellow Gulf nation, Qatar, over its apparent terrorist sympathies and support of Islamic groups, which is destabilizing the region. The four countries have made it clear they intend to cease all land, sea and air traffic to and from Qatar, while also

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American to invest US$1.6bn to grow presence at LAX

American Airlines will continue its investment at LAX, committing more than US$1.6bn over the next 15 years. The investment will go toward improvements of Terminals 4 and 5. American’s letter of intent sets the framework for negotiation of a new 15-year lease agreement and features airport improvement projects that would be made possible by the

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AIA increases offer for Athens Airport 20-year concession

With a current 30-year concession for Athens Airport due to end in 2026 Athens International Airport SA (AIA) has increased its offer for a 20-year extension to the concession, which would take the term up to 2046. The offer has been increased to €600 million, with net proceeds of €483.87 according to The Hellenic Republic

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United Airlines faces US$435,000 FAA civil penalty over alleged safety breach

The U.S. Department of Transportation’s Federal Aviation Administration (FAA) has indicated it intends to issue a civil penalty of US$435,000 against United Airlines for an alleged breach of safety by operating an aircraft which was not technically in an airworthy condition. The safety breach relates to the replacement of a faulty fuel pressure pump switch

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BA likely to lose over €80 million after weekend IT catastrophe

British Airways (BA), the UK’s flag-carrying airline has been left to lick its wounds after a backup generator failed to kick-in immediately following a power surge and which knocked out its whole of the carrier’s computer system on Saturday. This left the airline having to cancel all weekend flights from both Heathrow, Europe’s busiest airport,

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