SQUAWK

Korean eyes end-June for Asiana deal closure

Korean Air tentatively believes that its acquisition of rival Asiana Airlines will close by the end of June, following the submission of its post-merger integration plan. Korean Air tentatively believes that its acquisition of rival Asiana Airlines will close by...

Continue Reading  

Singapore and New Zealand in talks to sync Covid-19 documentation

Singapore is in talks with New Zealand to harmonise the recognition of Covid-19 documentation, with the aim of restarting travel. Singapore is in talks with New Zealand to harmonise the recognition of Covid-19 documentation, with the aim of restarting travel....

Continue Reading  

China Airlines appoints company veteran as new president

China Airlines has promoted Shing-Hwang Kao, a company veteran of over 35 years, to become its new president. China Airlines has promoted Shing-Hwang Kao, a company veteran of over 35 years, to become its new president. Kao, who was previously...

Continue Reading  

Former SpaceX engineers propose two-stage eVTOL for regional, military use

Two former SpaceX engineers are proposing a two-stage electric vertical take-off and landing (eVTOL) aircraft for regional cargo and passenger flight, as well as for US military missions. Two former SpaceX engineers are proposing a two-stage electric vertical take-off and...

Continue Reading  

Canada’s TSB chief faults Iran’s 737 shoot-down report

The head of the Transportation Safety Board of Canada (TSB) has taken the unusual step of criticising Iran’s conclusions into the downing of Ukraine International Airlines flight 752.  The head of the Transportation Safety Board of Canada (TSB) has taken...

Continue Reading  

IAG to raise €1 billion through bond issue

IAG has issued two tranches of senior unsecured bonds to raise a total of €1 billion ($1.19 billion), which it will use to shore up liquidity and for other general corporate purposes. IAG has issued two tranches of senior unsecured bonds to...

Continue Reading  

Air China strikes deal with GECAS unit to acquire A320neos

Air China has disclosed plans to acquire 18 Airbus A320neos from GECAS subsidiaray AFS Investments. Air China has disclosed plans to acquire 18 Airbus A320neos from GECAS subsidiaray AFS Investments. The deal, announced by the Star Alliance carrier in a...

Continue Reading  

UIA 737 shootdown: Simulation supported air defence ‘misalignment’ theory

Judicial investigators carried out a simulation of the air defence system error which, according to an Iranian inquiry, led to the missile launch that destroyed a Ukraine International Airlines Boeing 737-800 over Tehran. Two air defence units were placed at...

Continue Reading  

FAA Releases Scoping Report for SpaceX Environmental Assessment

The Federal Aviation Administration (FAA) today released a report summarizing the public comments received during the scoping period for an Environmental Assessment (EA) of the SpaceX facility in Boca Chica, Texas. SpaceX plans to launch its Starship/Super Heavy vehicle from...

Continue Reading  

IAI reports record revenues and profits, despite Covid-19

State-owned aerospace and defence company hits $4.18 billion in sales as it finishes 2020 firmly in the black. Israel Aerospace Industries (IAI) today appeared to buck the crisis by reporting record revenues and net profits for 2020. It follows, what...

Continue Reading