SQUAWK

A year on, China traffic paints mixed picture of recovery

Chinese carriers saw their domestic passenger traffic in February nearly double year on year, although this was just half of traffic figures reported in 2019, before the coronavirus pandemic hit.  Chinese carriers saw their domestic passenger traffic in February nearly...

Continue Reading  

Asian Development Bank extends $65m liquidity to Fiji Airways

Fiji Airways has secured a $65 million liquidity support facility from the Asian Development Bank (ADB). Fiji Airways has secured a $65 million liquidity support facility from the Asian Development Bank (ADB). The flag carrier on 12 March inked a...

Continue Reading  

KAI in UAV MOUs with Israel’s Elbit, IAI

Korea Aerospace Industries and Elbit Systems have signed a memorandum of understanding (MOU) to cooperate in unmanned aerial vehicles (UAV), following another MOU with Israel Aerospace Industries (IAI).  Korea Aerospace Industries and Elbit Systems have signed a memorandum of understanding...

Continue Reading  

SIA expresses cautious optimism amid vaccine rollouts

Singapore Airlines (SIA) plans to steadily expand its network in the coming months, as it sees a gradual recovery stemming from global vaccination campaigns. Singapore Airlines (SIA) plans to steadily expand its network in the coming months, as it sees...

Continue Reading  

Troubled Nok given extension to submit rehabilitation plan

Thailand’s Central Bankruptcy Court has granted low-cost carrier Nok Air a one-month extension to file its rehabilitation plan.  Thailand’s Central Bankruptcy Court has granted low-cost carrier Nok Air a one-month extension to file its rehabilitation plan.  In a 15 March...

Continue Reading  

CALC’s 2020 operating profit steady as fundamentals ‘unscathed’

China Aircraft Leasing reported steady operating profit and revenues in 2020, as the key fundamentals supporting its operations for the long term “remain unscathed”, despite a massive hit to its bottom line. China Aircraft Leasing reported steady operating profit and...

Continue Reading  

SkyWorks offers 17 LATAM aircraft for auction

Aircraft lessor SkyWorks Leasing is offering 17 LATAM Airlines Group aircraft for auction. Aircraft lessor SkyWorks Leasing is offering 17 LATAM Airlines Group aircraft for auction. The aircraft are currently in storage in Victorville, California, and are being sold on...

Continue Reading  

US Air Force looks at ‘cognitive electronic warfare’ for F-15

The US Air Force is researching adding “cognitive electronic warfare” capabilities to the Boeing F-15 fighter. The US Air Force (USAF) is researching adding “cognitive electronic warfare” capabilities to the Boeing F-15 fighter. In particular, the service is looking for...

Continue Reading  

US airlines giddy about recovery

US airline executives are finding it difficult to contain their excitement as the industry hovers on the verge of a sharp rebound in travel demand with customers beginning to plan forward travel in numbers that air transport has not seen...

Continue Reading  

Southwest sees break-even by June

Southwest Airlines hopes to break even by mid-2021 as air travellers return in greater numbers. Southwest Airlines hopes to break even by mid-2021 as air travellers return in greater numbers. Gary Kelly, the Dallas-headquartered airline’s chief executive, says on 15 March...

Continue Reading