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Skyways Technics expands Asia-Pacific facilities at Subang

Danish MRO provider Skyways Technics has completed expansion works of its Malaysia facilities, tripling its repair shop floor area and increasing its component warehouse size.  Danish MRO provider Skyways Technics has completed expansion works of its Malaysia facilities, tripling its...

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​Grounded Jet Airways reports $391 million FY2019-20 loss

Jet Airways, the Indian carrier that has been grounded since April 2019, has posted a net loss of Rs28.4 billion ($391 million) for the 2019-20 fiscal year ended 31 March 2020. Jet Airways, the Indian carrier that has been grounded since...

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Passengers down 70% at Dubai International last year

Dubai International’s passenger numbers collapsed in 2020, but the airport operator is reporting “positive strides” in the second half of the year. Dubai International’s passenger numbers collapsed in 2020, but the airport operator is reporting “positive strides” in the second...

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Norwegian reaches accommodation with several lessors

Norwegian and its subsidiaries have reached an accommodation with a number of lessors, including Avolon and SMBC Aviation Capital, relating to several aircraft the airline was formerly seeking to reject as part of its Irish restructuring process. Norwegian and its subsidiaries have...

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Asia-Pacific authorities keen to defer travel until 2022

After almost a year of closed borders, authorities in Asia-Pacific appear keen to delay the reopening of borders to at least 2022. Even with the rollout of vaccines, there are few signs that governments are prepared to ease up on...

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Airbus Helicopters wins oil and gas launch customer for H160 via PHI lease deal

Airbus Helicopters has secured a launch customer for the H160 in the oil and gas market as part of a three-way partnership with US operator PHI and global energy giant Shell. Airbus Helicopters has secured a launch customer for the H160 in...

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European ministers sign off on summer slot rules revision for airlines

European transport ministers have today formally approved temporary rules under which airlines will only have to use a minimum of 50% of their take-off and landing slots during the forthcoming summer season to retain them for 2022. European transport ministers...

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AJW chief strikes a positive note for summer season

Company president Christopher Whiteside is hoping that the end of May will be the start of a rebound in fortunes for many airlines, and their aftermarket suppliers When your business relies on supplying replacement parts, there is bound to be...

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Challenges await as Rousseau takes Air Canada helm from Rovinescu

Air Canada’s Michael Rousseau takes the helm of the largest Canadian airline at a time when it faces multiple crises, the biggest of which is not of its own making. Air Canada’s Michael Rousseau takes the helm of the largest...

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El Al sets out post-crisis earnings forecast as it nears loan deal

El Al is projecting a $200 million improvement in its earnings in 2024, compared with the average figure achieved over 2017-19. The airline has put the forecast to investors as it seeks to raise $75 million by September 2021 as...

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