Long-haul budget carrier AirAsia X is planning to broaden the extent of a planned capital reduction, and raise additional funding through a new share issue. AirAsia X aims to raise RM300 million from current shareholders plus another RM200 million from...
Winglet maker Tamarack Aerospace is stressing that several factors other than erroneous deployment of a control surface contributed to a 2019 incident involving a Cessna Citation CJ1+. Winglet maker Tamarack Aerospace is stressing that several factors other than erroneous deployment of a...
Quebec’s aerospace industry has partnered with the aerospace cluster in Japan’s Aichi prefecture, home to Japanese aerospace company Mitsubishi Aircraft in the industrial city of Nagoya. Quebec’s aerospace industry has partnered with the aerospace cluster in Japan’s Aichi prefecture, home...
The Europe Commission has approved €136.9 million ($166 million) in state aid for French leisure carrier Corsair. The European Commission has approved €136.9 million ($166 million) in state aid for French leisure carrier Corsair, paving the way for the struggling...
Virgin Atlantic has cancelled the launch of services between Manchester airport and the Indian cities of Delhi and Mumbai. “We are continuously reviewing our flying programme and in response to the ongoing impact of Covid-19 we have made the difficult...
Elbit Systems has been awarded a contract worth $27 million for its role in a project to upgrade the Romanian air force’s IAR-99 Standard jet trainers. Elbit Systems has been awarded a contract worth $27 million for its role in...
Boeing’s troubles are far from solved, but the events of 18 November 2020 at least cleared a cloud that had overshadowed the Chicago airframer for 20 months. Boeing’s troubles are far from solved, but the events of 18 November 2020...
Azorean carrier SATA Air Acores is facing the prospect of substantial restructuring after European regulators declared that a previous government’s capital injections to the company amounted to illegal state aid. The Portuguese archipelago’s secretary for finance, Joaquim Bastos e Silva,...
Paris has begun the process of designing a replacement for its nuclear-powered aircraft carrier Charles de Gaulle. Paris has begun the process of designing a replacement for its nuclear-powered aircraft carrier Charles de Gaulle, with industrial lead Naval Group saying its...
“After being released from its mothership, SpaceShipTwo Unity’s onboard computer that monitors the rocket motor lost connection. As designed, this triggered a fail-safe scenario that intentionally halted ignition of the rocket motor.” Source: The latest scant details from the Virgin...