HSBC, Deutsche Bank, Credit Suisse, Standard Chartered, Santander and Citi are among the 11 banks in the syndicate that has extended a £2 billion (£2.8 billion) guaranteed loan facility to IAG-owned British Airways, Cirium understands. HSBC, Deutsche Bank, Credit Suisse, Standard Chartered,...
Most analysts will tell you that low-cost carriers with significant exposure to leisure markets are best placed to lead Europe’s airline industry out of the pandemic. There is perhaps no better bellwether carrier, then, than the giant Irish operator, with...
UK regulators have imposed a ban on operating Boeing 777s fitted with Pratt & Whitney PW4000-112 engines until protective action is carried out, following the powerplant failure on a United Airlines 777-200 over Denver. The UK Civil Aviation Authority says...
Operators of Bell 505 helicopters are being ordered urgently to inspect the collective stick on the type for cracks, after an incident in which the assembly fractured on an aircraft during pre-flight checks. The collective stick is mounted between the...
German engine specialist MTU will start servicing CFM International CFM56-7Bs and International Aero Engines V2500s at its Berlin overhaul shop later this year. German engine specialist MTU will start servicing CFM International CFM56-7Bs and International Aero Engines V2500s at its Berlin overhaul shop later...
South Korea’s Defense Acquisition Program Administration (DAPA) insists that Indonesia is still committed to the Korea Aerospace Industries (KAI) KF-X fighter programme, despite media reports that Jakarta will obtain Dassault Rafales and Boeing F-15EX fighters in the coming years. South...
AirAsia Group chief Tony Fernandes is optimistic that the AirAsia Group, which has been hard hit by coronavirus pandemic, will “potentially” achieve full recovery “within the next two years”. AirAsia Group chief Tony Fernandes is optimistic that the AirAsia Group,...
The governments of Hong Kong and Singapore are continuing discussions over a quarantine-free travel bubble between the two cities that was delayed last year after Hong Kong experienced a surge in Covid-19 cases. The governments of Hong Kong and Singapore...
China’s three largest carriers started the year with domestic traffic continuing to decline, amid travel restrictions imposed to curb a resurgence in local coronavirus cases. China’s three largest carriers started the year with domestic traffic continuing to decline, amid travel...
The US Federal Aviation Administration is ordering emergency inspections of some Pratt & Whitney PW4000-powered Boeing 777-200s in response to a 20 February in-flight uncontained engine failure. The US Federal Aviation Administration is ordering emergency inspections of some Pratt &...