SQUAWK

Cebu Pacific raises $250 million from convertible bonds

Cebu Pacific has signed an agreement with three international financial institutions for the private placement of $250 million in convertible bonds, with the transaction expected to complete in the following weeks. Cebu Pacific has signed an agreement with three international...

Continue Reading  

Korean Air raises W350 billion million from corporate bonds

Korean Air has raised W350 billion ($310 million) from three corporate bonds issued on 15 April. These are of W65 billion, W160 billion, and W125 billion principal, the flag carrier said in a same-day corporate disclosure. Source: Korean Air A...

Continue Reading  

China’s airlines expected to narrow first-quarter losses amid traffic surge

The Chinese airline industry is forecast to be about CNY30 billion ($4.6 billion) in the red for the quarter ended 31 March, narrowing its losses year on year amid an improvement in “recovery momentum”. The Chinese airline industry is forecast...

Continue Reading  

Welding: Detroit Style….

This Old School Welding Torch Helps To Keep-Em Flying, And So Much More By Anthony J. Liberatore There is a good chance that you as a reader, whom may be enthralled with all things aero, have seen this product demonstrated...

Continue Reading  

Aero-News: Quote of the Day (04.15.21)

“I’ve been wanting to do this for a very long time. Finally, everything is coming together. It’s the right time to pull the trigger, and we’re doing it. We’re moving.” Source: Warbird Adventures' Thom Richard, on his upcoming relocation from...

Continue Reading  

ANN’s Daily Aero-Linx (04.15.21)

Aero Linx: Colorado Pilots Association Colorado Pilots Association was incorporated as a Colorado Nonprofit Corporation in 1972. It is a statewide organization with over 700 members dedicated to making Colorado a better, safer, and more desirable place to fly. Objectives...

Continue Reading  

ANN’s ‘Who’s Who’ At Sun ‘n Fun 2021: Gary DeVore

Gary “Dave” DeVore: Photographer This is Gary’s first year as part of the Aero-News team. Gary got hooked on photography at the age of 10 when his father gave him his first camera. Since then, he has carried one everywhere...

Continue Reading  

ANN’s Daily Aero-Term (04.15.21): Charted Visual Flight Procedure Approach

Charted Visual Flight Procedure Approach An approach conducted while operating on an instrument flight rules (IFR) flight plan which authorizes the pilot of an aircraft to proceed visually and clear of clouds to the airport via visual landmarks and other...

Continue Reading  

Boeing delivered 89 737 Max since December, airlines place them in storage

Boeing has delivered almost 90 737 Max since US regulators lifted the type’s grounding last November, though airlines have placed those jet in storage, according to Cirium fleets data. Boeing has delivered almost 90 737 Max since US regulators lifted...

Continue Reading  

Northrop Grumman flies Japan’s RQ-4B Global Hawk for first time

Northrop Grumman has flown Japan’s RQ-4B Global Hawk unmanned air vehicle (UAV) for the first time. Northrop Grumman has flown Japan’s RQ-4B Global Hawk unmanned air vehicle (UAV) for the first time. The initial example of Tokyo’s high-altitude UAV finished its first...

Continue Reading