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SIA seals Airbus deferrals, Boeing negotiations reach ‘advanced stage’

Singapore Airlines Group has confirmed that its outstanding Airbus aircraft on order have been deferred and that it is close to concluding similar talks with Boeing. In today disclosing record half year losses amid the coronavirus crisis, SIA Group states...

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Steep impairment costs drag SIA to record S$3.5 billion net loss for half year

Singapore Airlines Group took on a hefty impairment charge of S$1.33 billion ($987 million) from the early retirement of 26 older aircraft — including seven Airbus A380s — which led to a record net loss in its half-yearly earnings. The...

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Rossiya A319 found damaged on arrival with cable attached to wheels

Russian investigators are probing an incident in which a Rossiya Airbus A319 was found to have a cable attached to its main landing-gear after arriving at St Petersburg. The aircraft (VP-BWJ) had been operating the FV6314 service from Krasnodar on...

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JAL to raise Y168 billion in foreign and domestic share placements

Japan Airlines is looking to raise nearly Y168 billion ($1.6 billion) in share placements, part of which will go toward fleet development, as well as to its newly-formed low-cost unit Zipair Tokyo. The Oneworld carrier will issue more than 90...

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EasyJet further cuts winter capacity and sells more aircraft

EasyJet will now operate no more than 20% of its planned capacity in the last quarter of the calendar year and has sealed sale-and-leaseback deals covering a further 11 aircraft as it continues efforts to counter the crisis. EasyJet will...

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Leonardo waits on ATR recovery as 2020 deliveries to date slide to one unit

Leonardo remains confident that its ATR turboprop joint venture will recover to a “normal” level of annual deliveries in the future after it was revealed that it has shipped just one aircraft so far this year, but says it cannot...

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Scottish government attempts again to sell Glasgow Prestwick airport

Scotland’s government is to embark on a renewed effort to sell Glasgow’s Prestwick airport to a private investor, following the recent withdrawal of a potential buyer. Prestwick had been managed by New Zealand firm Infratil until 2013 when it sold...

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BAE, Boeing, Lockheed respond to new Japanese F-X RFI

BAE Systems, Boeing, and Lockheed Martin have replied to a request for information (RFI) related to work on Tokyo’s F-X future fighter programme. Japan’s Acquisition, Technology & Logistics Agency (ATLA) confirms that the RFI was issued on 16 September, with...

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GMF AeroAsia falls to steep nine-month loss

GMF AeroAsia continued its loss-making streak for the year, reporting an operating loss of $178 million for the nine months ended 30 September. This was in contrast to the $24.5 million operating profit it made during the same period last...

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F-35 gives European air forces an edge over Russia, but coordination is key

The growing number of Lockheed Martin F-35 Lightning II stealth fighters possessed by European air forces would give the NATO alliance an edge over Russia in high-intensity conflict. The growing number of Lockheed Martin F-35 Lightning II stealth fighters possessed...

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