The pool of airlines that lenders are willing to accept as collateral has gone “really just down to a handful” amid the Covid-19 pandemic, the chief financial officer of Wings Capital Partners has said. At the beginning of the crisis,...
The pool of airlines that lenders are willing to accept as collateral has gone “really just down to a handful” amid the Covid-19 pandemic, the chief financial officer of Wings Capital Partners has said. At the beginning of the crisis,...
Canberra has published a discussion paper exploring the opportunities and challenges involved with the increased adoption of drones and electric vertical take-off and landing (eVTOL) aircraft. The 68-page report explores issues ranging from airspace integration to security, noise, and infrastructure....
Lessor Aircastle has posted a $5.8 million profit for the third quarter ended 30 September, a significant drop on the same quarter last year when the lessor made $43.3 million in profit. Total lease revenue for the three months was...
China Airlines has picked GA Telesis’ aircraft asset management unit to remarket and sell its four remaining Boeing 747-400 aircraft, with deliveries expected as early as the first quarter of 2021. The four 747s (MSNs 33734, 33735, 33736 and 33737)...
The US State Department has approved the possible sale of four General Atomics MQ-9B SkyGuardian unmanned air vehicles to Taiwan. The US State Department has approved the possible sale of four General Atomics MQ-9B SkyGuardian unmanned air vehicles (UAVs) to...
Last week’s ice storms left Oklahoma City residents with a big mess. To help, the Utilities Department is offering free landfill service for customers who receive an Oklahoma City utility bill for trash service. Participating landfills will be open...
Spirit AeroSystems intends to produce 737 fuselages at a rate of 10 monthly starting in January 2021 – a rate that would allow the company to burn down its inventory of finished fuselages. Spirit AeroSystems intends to produce 737 fuselages at a rate of...
The US Army has awarded BAE Systems three contracts to develop technology to help helicopter pilots and weapons systems officers control unmanned air vehicles in combat. The US Army has awarded BAE Systems three contracts to develop technology to help...
Mexico’s low-cost carrier Interjet is on the verge of collapse after the airline cancelled flights over the weekend and a union representing its workers called for a strike to protest unpaid wages, reports say. Mexico’s low-cost carrier Interjet is on...
British Airways’ decision to retire its fleet of Boeing 747s will accelerate the airline’s sustainability efforts, according to recently appointed chief executive Sean Doyle. British Airways’ decision to retire its fleet of Boeing 747s will accelerate the airline’s sustainability efforts, according to...