Operating lessors with exposure to Malaysia Airlines will vote on the carrier’s restructuring plan on 10 February, the airline confirms to Cirium. The Malaysian airline adds that it has divided creditors into seven classes as part of its UK court-led restructuring, which...
Irish carrier Aer Lingus has tapped a state-backed pandemic recovery fund to secure €150 million ($180 million) in debt funding. The capital has been secured from the Ireland Strategic Investment Fund’s (ISIF) €2 billion Pandemic Stabilisation and Recovery Fund, which...
Rolls-Royce could shut down its civil aerospace business for two weeks during the summer in a bid to manage costs amid the coronavirus pandemic. Rolls-Royce could shut down its civil aerospace business for two weeks during the summer in a...
Hindustan Aeronautics (HAL) has signed two multi-year contracts with GE Aviation and Rolls-Royce, which will cover MRO, as well as component manufacturing, in both civil and defence aerospace. Hindustan Aeronautics (HAL) has signed two multi-year contracts with GE Aviation and...
Canada will host Comac’s in-development C919 narrowbody for natural icing flight tests this year, as the programme inches closer to certification and service entry. Canada will host Comac’s in-development C919 narrowbody for natural icing flight tests this year, as the...
The US Army is looking for manufacturers to put forward potential Long Range Precision Munition candidates for a “Shoot-Off” demonstration planned for the fourth quarter of fiscal year 2022. The US Army is looking for manufacturers to put forward potential...
Portuguese wet-lease specialist EuroAtlantic Airways has identified a former Aeromexico Boeing 787-8 as the first example of the twinjet to be introduced to its fleet. EuroAtlantic had disclosed last year that it planned to acquire two used 787s for 2021,...
Boeing and Safran have frozen their Initium Aerospace auxiliary power unit (APU) joint venture, citing the dire state of the commercial aircraft market. Boeing and Safran have frozen their Initium Aerospace auxiliary power unit (APU) joint venture, citing the dire...
Austrian Airlines is planning to implement further restructuring measures in response to lower-than-predicted travel demand amid the current wave of Covid-19 infections. The Lufthansa Group carrier says it is currently operating around 15% of pre-crisis capacity. It had previously forecast that the level...
Airbus’s activity for the first month of 2021 centred on deliveries, with 21 aircraft handed over during January. The airframer did not record any orders – or cancellations – over the course of the month. Its two long-haul aircraft deliveries...