Israeli investment fund Fortissimo Capital has entered the bidding for leisure airline Israir, putting forward an offer to acquire 90% of the carrier, as a final deadline for the auction is set. All bidders will be given the opportunity, until...
Israeli investment fund Fortissimo Capital has entered the bidding for leisure airline Israir, putting forward an offer to acquire 90% of the carrier, as a final deadline for the auction is set. All bidders will be given the opportunity, until...
France has confirmed an order for three Northrop Grumman E-2D Advanced Hawkeye airborne early warning aircraft for its navy. France has confirmed an order for three Northrop Grumman E-2D Advanced Hawkeye airborne early warning aircraft for its navy. First delivery...
Israeli flag-carrier El Al has unveiled a pre-tax loss of $148 million for the third quarter alone, after revenues for the period sank by 94% to less than $40 million. El Al’s performance under the weight of the pandemic crisis...
The testing of international travellers for Covid-19 must not take resources away from higher-priority areas and should be tailored to each country’s need, in the view of World Health Organization director general Tedros Adhanom Ghebreyesus. The testing of international travellers for Covid-19 must not...
IATA has warned that more airline consolidation in the Asia-Pacific region is “highly likely”, if circumstances remain dire for airlines amid closed borders and a slow restart to international travel. At a regional briefing a day after its virtual annual...
Russian state leasing company GTLK is to be merged with state investment corporation VEB’s leasing arm to create a single entity. The plan has been disclosed by Russian prime minister Mikhail Mishustin during a 23 November meeting with deputy ministers...
Indonesia’s National Transportation Safety Committee (NTSC) has advised the country’s civil aviation body to develop guidelines surrounding proficiency and training exemptions in light of the coronavirus outbreak, following a runway excursion involving a Lion Air Airbus A330-300. Indonesia’s National Transportation...
Tokyo will operate its McDonnell Douglas F-4EJ Phantom IIs until the end of March 2021, at which point the type will be retired. The final flight schedule has yet to be determined, says the Japan Air Self Defense Force (JASDF). The...
Singapore Airlines has raised S$500 million ($373 million) from a private placement of new 10-year, 3.5% bonds. The offer was launched at S$300 million and upsized to S$500 million, “after a strong appetite was apparent from a select group of...
Mesa Air Group, the parent company of Mesa Airlines has signed a new five-year contract with American Airlines to operate 40 Bombardier CRJ-900 aircraft for the Fort-Worth-based carrier beginning on 1 January. Mesa Air Group, the parent company of Mesa...