Thai AirAsia’s parent company has disclosed a corporate and capital restructuring plan for the airline, which involves listing it on the Stock Exchange of Thailand (SET) to accept a Bt3.15 billion ($100 million) loan from a new investor. Thai AirAsia’s...
Berlin has awarded Canada-based Top Aces a follow-on contract to extend its provision of adversary air training services to the German armed forces from January 2022. Berlin has awarded Canada-based Top Aces a follow-on contract to extend its provision of...
UK leisure carrier Jet2 expects to post a group loss of between £375-385 million ($521-535 million) for for the 12 months ended 31 March 2021, a year in which its activities have been heavily curtailed by pandemic travel restrictions. UK...
Finnair is raising a permanent cost-savings target a third time, to €170 million ($205 million), more than double the original figure unveiled last year. The company had stated in May 2020 that it was aiming for €80 million in cost-base...
Japan Airlines (JAL) plans to increase its investment in low-cost carrier Spring Airlines Japan sometime in June. Japan Airlines (JAL) plans to increase its investment in low-cost carrier Spring Airlines Japan sometime in June. The airline confirmed reports in Japanese...
South Korea plans to develop a new attack helicopter for its marines, and also obtain four new tactical transports. South Korea plans to develop a new attack helicopter for its marines, and also obtain four new tactical transports. A high...
ANA Holdings is aiming to achieve net-zero carbon emissions from aircraft operations by 2050. ANA Holdings is aiming to achieve net-zero carbon emissions from aircraft operations by 2050. By 2030, the company targets for CO2 emissions from aircraft operations to be less...
The US Air Force grounded all of its B-1B Lancer bombers on 20 April after a fuel pump issue was discovered. The US Air Force (USAF) grounded all of its B-1B Lancer bombers on 20 April after a fuel pump...
The USA’s many small, underused airports, combined with autonomous and electric-propulsion technologies, could enable a vast new US regional air transportation system. The USA’s many small, underused airports, combined with autonomous and electric-propulsion technologies, could enable a vast new US...
Kaman’s unmanned K-Max Titan helicopter flew for the first time on 21 April. Kaman’s unmanned K-Max Titan helicopter flew for the first time on 21 April. The helicopter was controlled from the ground with a safety pilot on-board during its...