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Aero-News: Quote of the Day (03.17.21)

“Quick actions taken by Coast Guard Station Grays Harbor, ground crew and Westport Fire and Rescue to stabilize the patient prevented further injury and possible hypothermia. People venturing out onto coastal jetties should exercise extreme caution, to include checking for...

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Icelandair unconcerned after volcano erupts near Keflavik hub

Icelandair believes a volcanic eruption which commenced near Reykjavik’s Keflavik airport will have only a limited effect on the flag-carrier’s operations. The eruption is close to the Fagradalsfjall peak some 20km south-east of the airport, which serves as Icelandair’s hub....

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US Navy looks at manned-unmanned teaming role for E-2D Advanced Hawkeye

The US Navy is planning to award Northrop Grumman a sole-source contract to modify the E-2D Advanced Hawkeye’s mission computer and displays software so that the early warning aircraft could control unmanned air vehicles. The US Navy (USN) is planning to...

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Did departure delays conspire to single-out shot-down 737?

One hazy aspect of last year’s fatal Iranian missile attack on a Boeing 737-800 centres on the circumstances through which the aircraft was singled out when other flights were also operating from Tehran’s Imam Khomeini airport. The Iranian Civil Aviation...

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Embraer sits on $14bn backlog, to grow ‘strongly’ in 2022

Brazilian airframer Embraer posted a net loss of $731.9 million for the full year 2020, but says an increased demand for regional travel, and the jets that supply that sector, will drive the post-pandemic recovery. Brazilian airframer Embraer lost $732...

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CFM56 overhaulers see light at end of tunnel

Maintenance companies are confident of a recovery in CFM International CFM56 overhaul shop visits after airlines sharply reduced engine MRO activities amid the pandemic. Maintenance companies are confident of a recovery in CFM International CFM56 overhaul shop visits after airlines sharply reduced engine MRO...

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Bamboo Airways targets third quarter for IPO

Vietnam’s Bamboo Airways has confirmed that it intends to make its debut on a local stock exchange in the third quarter. Vietnam’s Bamboo Airways has confirmed that it intends to make its debut on a local stock exchange in the third quarter. The company...

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​GECAS-Air China A320neo sale stemmed from prior lease agreement

GECAS’s deal to sell 18 Airbus A320neo-family aircraft to Air China, disclosed on 18 March, stemmed from a previous agreement with the carrier to lease the aircraft, Cirium understands. GECAS’s deal to sell 18 Airbus A320neo-family aircraft to Air China, disclosed on 18 March,...

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Israel sets out conditions for alternative El Al financing scheme

Israeli flag-carrier El Al has reached a conditional agreement with the government on an alternative funding scheme, after the airline spent several months trying to negotiate a state-backed loan from local banks. El Al and its Sun D’Or airline operation...

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Saudia seals SR11.2bn funding for 787 and A320neo fleet expansion

Saudi Arabian flag-carrier Saudia has signed an SR11.2 billion ($3 billion) financing agreement which will partly cover the acquisition of 73 aircraft. The airline describes the aircraft as “previously announced” and comprising eight Boeing 787-10s, 35 A321neos – of which...

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