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Tigerair Taiwan gets capital boost from parent China Airlines

China Airlines plans to inject more capital into low-cost unit Tigerair Taiwan, as part of a move to “optimise the capital structure” of the LCC. The SkyTeam carrier discloses that it will pump about NT$657 million ($23 million) into Tigerair...

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Pandemic shakes banks’ trust in state support of flag carriers

The Covid-19 crisis has forced lenders to reassess their traditional view of flag carriers as relatively safe credits due to their implied government support, two aviation financiers have suggested. Going into the crisis in March, Deutsche Bank’s Richard Finlayson expected...

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ITPS Canada to promote KAI FA-50 for adversary training

The International Test Pilots School Canada has signed a memorandum of understanding with Korean Aerospace Industries to promote the KAI FA-50 light attack jet for tactical and adversary training. The International Test Pilots School (ITPS) Canada has signed a memorandum...

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Gulfstream hits stride with G500 and G600 deliveries and announces performance hikes

Gulfstream will by year-end have delivered a combined 92 G500 and G600 aircraft since the first of the pair entered service in 2018. Gulfstream will by year-end have delivered a combined 92 G500 and G600 aircraft since the first of...

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Turkish A350s quietly begin operations as crisis saps profits

Turkish Airlines has been operating its newly-delivered initial pair of Airbus A350-900s on domestic routes, but has yet to confirm a schedule for the remaining aircraft. The airline had 25 A350s on order but, while it had been intending to...

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Brazil’s Gol reports Q3 loss, sees important recovery metrics

Brazilian airline Gol lost R1.7 billion ($301 million) in the third quarter but sees signs of industry improvement, as leisure passengers return to air travel. Brazilian airline Gol lost R1.7 billion ($301 million) in the third quarter but sees signs of...

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UK suppliers sweat on government help as French rescue fund makes first investment

UK aerospace suppliers are anxiously waiting to see if their government will roll out targeted support for the sector in its forthcoming spending review, a situation in sharp contrast to France where a public-private bailout fund has already made its...

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Airbus jet trainer proposal looks beyond Spain, but may struggle for significant sales

An Airbus Defence & Space offer to build a clean-sheet advanced jet trainer for Spain could benefit from the requirements from the manufacturer’s other home nations, but may lack the economies of scale to compete on the global market. An...

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​Nok Air green-lit to pursue restructuring

Nok Air has gained court approval to restructure under a business-rehabilitation process. In a 4 November notice to the Thai stock exchange, Nok chief executive Wutthiphum Jurangkool states that the central bankruptcy court has “ordered granting the company to be in...

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Sabena Technics acquires military support specialist

French MRO provider Sabena Technics has acquired military aircraft support specialist AeroTech Pro to strengthen in the defence arena. French MRO provider Sabena Technics has acquired military aircraft support specialist AeroTech Pro to strengthen in the defence arena. Based in Aix-en-Provence, AeroTech Pro delivers...

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