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Turkish Airlines agrees amended delivery schedule for Airbus orders

Turkish Airlines has undertaken a restructuring of its fleet plans, agreeing with Airbus to reschedule a number of deliveries. The carrier adds that it has “adapted the overall outstanding orders”, taking into account operational and financial positions, to ensure a...

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Airline cash burn to continue throughout 2021: IATA

Airlines will struggle to cut unit costs sufficiently to prevent cash burn continuing throughout 2021, based on current demand assumptions, according to IATA. Airlines will struggle to cut unit costs sufficiently to prevent cash burn continuing throughout 2021, based on current demand assumptions and in...

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Ecuador receives first H145 pair

Airbus Helicopters has handed over the first two of an eventual six H145s to the Ecuadorian air force, the first customer for the light-twin in South America. Airbus Helicopters has handed over the first two of an eventual six H145s...

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Italy returns to G550 for new C4ISTAR platform

European nation outlines defence spending priorities for the next three years, while its future wish-list includes new tactical transports, high-speed helicopters and basic trainers. Italy plans to invest €1.2 billion ($1.4 billion) in a new special-mission aircraft under its latest...

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ACI Europe claims nearly 200 of region’s airports ‘face insolvency’

ACI Europe has warned of the “collapse of significant parts of the air transport system” because of a worsening outlook for passenger demand. ACI Europe has warned of the “collapse of significant parts of the air transport system” because of a...

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Raytheon turns third-quarter profit amid layoffs and depressed aftermarket demand

Raytheon Technologies’ commercial aerospace businesses continued to struggle in the third quarter of 2020, though the company’s Collins Aerospace unit did swing to an operating profit. Raytheon Technologies’ commercial aerospace businesses continued to struggle in the third quarter of 2020,...

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First A321P2F enters service with Qantas

The first Airbus A321P2F converted freighter has entered service with launch customer Qantas, which will operate it under a partnership with Australia Post. Qantas will take up to three A321P2Fs, which it notes offers an additional 9t payload over the...

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BOC Aviation, Malaysia Airports challenge AirAsia X restructuring

Two of AirAsia X’s creditors – BOC Aviation and Malaysia Airports (Sepang) (MASSB) – have taken legal action to challenge its proposed debt restructuring, according to the airline group. AirAsia X was served on 15 October a sealed copy of...

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ANA Group plans new airline, big fleet cuts

The All Nippon Airways (ANA) Group will conduct a major revamp of its business model that involves launching a new airline brand and retiring far more aircraft than originally planned. The group will make these and other significant changes as...

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Icelandair to withdraw and part-out batch of 757-200s

Icelandair Group is planning to retire four Boeing 757-200s over the next few weeks, which will be placed with part-out schemes. The company says some of the components will be cannibalised for its remaining 757s while others will be sold....

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