Month: October 2020

HomeOctober 2020

​Denmark and Sweden up SAS stakes to 22% in recapitalisation

strThe Danish and Swedish governments have each agreed to increase their stakes in SAS to 21.8% under the Scandinavian carrier’s SKr14.25 billion ($1.62 billion) recapitalisation plan, which has now been finalised. SAS obtained approval from both governments in August for its revised recapitalisation...

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Ministry proposes diverting Il-96-400M subsidy to fund other programmes

Russia’s ministry of transport is tabling a legislative proposal to withdraw subsidies intended for the Ilyushin Il-96-400M programme and redirect them to support other areas of the domestic aircraft industry. The draft legislation follows a meeting on the Russian air...

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Travel-warning removals prompt airline returns to Canary Islands

European airlines are increasing capacity to the Canary islands after the UK and German governments lifted travel warnings for the Spanish archipelago European airlines are increasing capacity to the Canary islands after the UK and German governments lifted travel warnings...

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State to recapitalise Finnish airports operator as traffic slumps

Finland is to provide a €350 million ($414 million) recapitalisation of state-owned airports operator Finavia amid the continued slump in air traffic demand. Passenger traffic remained 90% down in September across Finavia’s airports and 92% down at its biggest gateway,...

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ANN’s Daily Aero-Linx (10.20.20)

Aero Linx: The Granite State Balloon Association The Granite State Balloon Association is a group of pilots, crew, and families dedicated to making ballooning a safe, fun sport in New Hampshire. Dinner meetings are held monthly and new members are...

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Aero-News: Quote of the Day (10.21.20)

“Certified avionics support our customers’ needs in pursuing Type Certifications for their aircraft, gaining access to controlled airspace, or in meeting safety case objectives for Beyond Visual Line of Sight (BVLOS) operations. “It’s a regulatory enabler, providing assurance to regulators,...

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ANN’s Daily Aero-Linx (10.21.20)

Aero Linx: The Antique Aeroplane Association of Australia The Antique Aeroplane Association of Australia is widely recognised as Australia's premier organisation promoting the preservation, restoration and flying of old aeroplanes. “Old Aeroplanes” includes Antique, Classic and Contemporary aeroplanes, both Civil...

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Red Wings introduces Superjet fleet to establish Ekaterinburg hub

Russian carrier Red Wings is aiming to build a regional hub at Ekaterinburg’s Koltsovo airport using a fleet of Sukhoi Superjet 100s. Moscow-based Red Wings leased a Superjet from GTLK on 2 September, and another pair in the first few...

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Paris airports operator cuts full-year traffic hopes on second wave

Paris airports operator Groupe ADP has lowered its traffic expectations for the remainder of the year and now expects passenger levels across its Parisian airports to be between 65% and 70% down on 2019. The company detailed the fresh outlook,...

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Used business aircraft market boosted by first-time buyers

Trade brokerage Jetcraft reports a surge of custom from those who have never owned a jet. Wealthy individuals wary of travelling on commercial airlines are boosting the used business aircraft market, according to trade brokerage Jetcraft. The US company, which...

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