Month: January 2021

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Cebu Pacific outlines $250m convertible preferred shares issue

Cebu Pacific has outlined the details of a $250 million stock rights offering, which it intends to use to finance its debt obligations. Cebu Pacific has outlined the details of a $250 million stock rights offering, which it intends to use to finance...

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US extends entry ban for most European nations and Brazil

The US government has extended an entry ban preventing travellers from Europe’s Schengen Area, the United Kingdom, Ireland and Brazil from entering the country in a further attempt to slow the spread of the highly contagious coronavirus, and its even...

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DOT faces new pressure to halt implementation of American-JetBlue joint business

The US Department of Transportation (DOT) is receiving more pressure to reexamine an already-approved revenue-sharing partnership between American Airlines and JetBlue Airways. The US Department of Transportation (DOT) is receiving more pressure to re-examine an already-approved revenue-sharing partnership between American...

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Sun Country introduces 16 new direct flights

Leisure specialist Sun Country has introduced 16 new flights, adding nine additional airports to its network in an effort to offer more passengers possibilities to fly direct to popular vacation destinations. Leisure specialist Sun Country Airlines has introduced 16 new...

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Air Baltic certificated for MRO training

Latvian carrier Air Baltic has been approved as maintenance training organisation to qualify aircraft technicians for its own operation and external customers. Latvian carrier Air Baltic has been approved as maintenance training organisation to qualify aircraft technicians for its own operation and external customers....

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New Berlin airport sees five-year wait for pre-crisis traffic return

After finally opening in October 2020 following years of delays, the operator of Berlin Brandenburg Willy Brandt airport expects a further five-year wait until pre-pandemic passenger levels return and has warned of the need for continued shareholder support to offset...

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Alaska takes delivery of first Boeing 737 Max

Alaska Airlines has taken delivery of its first Boeing 737 Max aircraft as it begins to streamline its fleet, in an effort to improve overall efficiency and profitability. Alaska Airlines has taken delivery of its first Boeing 737 Max aircraft...

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How trust strained by the DC-10 fractured with the 737 Max

As the domino-chain grounding of the Boeing 737 Max and its gradual patchwork rehabilitation have revealed, unanimous agreement that air safety is paramount does not necessarily translate into a harmonised approach to delivering it. When the European Union Aviation Safety...

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Frontier picks P&W engines for first time to power 134 A320neos

US carrier Frontier Airlines has selected Pratt & Whitney PW1100Gs to power 134 incoming Airbus A320neo-family jets, a move that will diversify its fleet away from complete reliance on CFM International powerplants. US carrier Frontier Airlines has selected Pratt &...

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Aerion prepares to break ground on new Melbourne headquarters and production centre

Supersonic jet developer Aerion remains on track to begin producing its AS2 business jet at a new headquarters in Melbourne, Florida in 2023. Supersonic jet developer Aerion remains on track to begin producing its AS2 business jet at a new...

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