Norwegian Air Shuttle, the Scandinavian low-cost carrier, has announced that effective June 1, 2022, Hans-Jørgen Wibstad will be its new Chief Financial Officer (CFO). Currently Wibstad is serving as EVP & CFO at Multiconsult ASA, having accrued more than 20 years’ experience from various CFO and management roles within industry, shipbuilding, shipping and offshore, including
Two-and-a-half years after it was grounded, globally, following two fatal crashes, Boeing’s 737 MAX is once again in service with Indian low-cost carrier SpiceJet. The first flight on Saturday November 20, was a “special flight for employees” and the first operated by the carrier since March 2019. SpiceJet is the only Indian carrier currently operating
Owing to border uncertainty between Australia and New Zealand in relation to the COVID-19 pandemic, Air New Zealand has been forced to cancel all flights between the two countries through to December 31, 2021. Leanne Geraghty, Air New Zealand’s Chief Customer and Sales Officer estimated that in all, 20,000 customers would be affected by the
Israel’s Finance and Transportation Ministries have issued a joint statement announcing that the country’s cabinet has approved a further round of borrowing for carriers that have been affected by the ongoing COVID-19 pandemic. A total of US$44 million will be made available in the form of interest-free, three-year bonds. According to REUTERS news agency, any
European planemaker Airbus has enjoyed a successful time at the Dubai Airshow, the first expo of its type since the global pandemic struck in 2019. The company has secured 269 firm orders and 139 commitments across its full range of commercial aircraft, a first order for the A350F freighter derivative, as well as sales of
Fraundorfer Aeronautics has unveiled its new Tensor 600X gyrocopter at European Rotors in Cologne. With a maximum cruising speed of 200 kph, the aircraft also has a range of 600 kilometres and is destined as a solution for personal mobility. Compared to a traditional helicopter, the TENSOR 600X is roughly twice as efficient owing to
Mammoth Freighters (Mammoth) founded to develop, convert and support both models of the most productive and economical Boeing 777 long-range freighter, has announced that Canada’s Cargojet will become the launch customer for its new 777-200LR freighter. Cargojet has signed a sales agreement for two 777-200LRMFs (long-range Mammoth Freighters), with additional options for two -300ERMFs (extended
DHL Express (DHL) has announced from the Dubai Air Show that it has placed an order for nine 767-300 Boeing Converted Freighters (BCFs), it’s largest order to date for the aircraft type. The acquisition will help expand DHL’s long-haul intercontinental fleet respond to increased global demand for cargo capacity. DHL has already taken delivery of
Phoenix, Arizona-based Indigo Partners has placed an order for 255 new Airbus A321 jets which, at list price, is valued at US$33 billion (£24.6 billion). The agreement was signed on Sunday, November 14, at the Dubi Airshow 2021. The private equity firm, which has controlling interests in America’s Frontier Airlines, JetSmart, Volaris and European low-cost
Boeing Co. has accepted liability for the crash of the Ethiopian Airlines 737 MAX on March 12, 2019, in which all 157 passengers and crew were killed, according to a filing in the US District Court in Chicago. In a statement Boeing admitted under the agreement “that the 737 MAX had an unsafe condition and
