Month: March 2021

HomeMarch 2021

777 Partners orders 24 737 Max 8s

Miami private equity company 777 Partners has ordered 24 Boeing 737 Max 8s and taken options to buy a further 60 of the type, adding fresh momentum to the narrowbody’s backlog. Miami private equity company 777 Partners has ordered 24...

Continue Reading  

US regional airlines struggling to secure government pandemic-relief aid: RAA

The US regional airline sector is calling out the US government for months-long delays in the distribution of pandemic-relief funds to the country’s smaller airlines. The US regional airline sector is calling out the US government for months-long delays in...

Continue Reading  

Embattled Cathay Pacific sees February traffic weaken further

Cathay Pacific expects to carry few than 600 passengers a day in March, while operating a “skeleton passenger flight schedule”, as new crew quarantine measures introduced by the Hong Kong government kick in. Cathay Pacific expects to carry fewer than...

Continue Reading  

Rotor disc hits workshop after A300 engine fails on take-off

Colombian investigators are probing a serious engine failure involving an Airbus A300B4 on take-off from Bogota. The incident occurred on 11 March, at about 00:30, as the Transcarga International Airways aircraft was departing for the Venezuelan city of Maiquetia. Colombian...

Continue Reading  

SIA to ‘progressively’ bring 737 Max fleet out of desert

Singapore Airlines will “progressively” return four remaining Boeing 737 Max aircraft to Singapore from storage in Australia, as a cabin retrofit programme gets underway for the type. Singapore Airlines will “progressively” return four remaining Boeing 737 Max aircraft to Singapore...

Continue Reading  

Ukrainian government to nationalise Motor Sich

Ukraine’s government has decided to nationalise aircraft engine maker Motor Sich, weeks after effectively scotching a bid from Chinese firm Skyrizon to buy the company. President Volodymry Zelensky chaired an 11 March meeting with the national security and defence council...

Continue Reading  

Thai Airways tests market appetite for sale of A380 pair

Thai Airways International is gauging market interest for two of its Airbus A380s. Thai Airways International is gauging market interest for two of its Airbus A380s. The flag carrier issued on 11 March a request for indication of interest in the Rolls-Royce...

Continue Reading  

Vietnam’s central bank proposes $174m loan for flag carrier

Vietnam’s central bank is proposing to offer D4 trillion ($174 million) of loans to help the national flag carrier as it struggles amid the Covid-19 pandemic. The funds will be provided to Vietnam Airlines through credit institutions and refinanced by...

Continue Reading  

​BOC Aviation’s profit dips by a quarter on record revenue

BOC Aviation’s net profit dropped by over a quarter in 2020 mainly due to the Covid-19 pandemic, although it managed to break the $2 billion revenue barrier for the first time. BOC Aviation’s net profit dropped by over a quarter...

Continue Reading  

US Air Force accepts first Boeing F-15EX fighter

The choice to acquire the F-15EX is controversial as the fourth-generation fighter lacks the low radar cross-section of the service’s former favourite jet, the Lockheed Martin F-35 stealth fighter. The US Air Force (USAF) officially accepted the first F-15EX fighter...

Continue Reading