Gulf carrier Etihad Airways was just starting to emerge from its major restructuring under chief executive Tony Douglas when the global pandemic took hold. While this left the carrier in better shape to cope with the challenges the pandemic brought,...
For all its challenges, the year ahead marks one of opportunity for Korean Air and its chief executive Walter Cho. After announcing a W1.8 trillion ($1.62 billion) takeover bid for embattled rival Asiana Airlines last November, it is now working...
Air Canada’s Michael Rousseau takes the helm of the largest Canadian airline at a time when it faces multiple crises, the biggest of which is not of its own making. Among the many issues Rousseau will need to deal with,...
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,...