Wizz Air is to close its recently opened Tronheim base as Covid-19 continues to disrupt air travel in Norway. Wizz Air is to close its recently opened Tronheim base as Covid-19 continues to disrupt air travel in Norway. The carrier will consolidate...
Lufthansa Group is to pay back early its loan from financial firm KfW following the German airline company’s issuing of €1.6 billion in bonds. The group says it has placed the bonds in two tranches, with terms of four and...
Restructuring low-cost carrier Norwegian operated an average of just eight aircraft in January as a result of services curtailed by travel restrictions. Restructuring low-cost carrier Norwegian operated an average of just eight aircraft in January as a result of services...
May’s European business aviation expo becomes the latest victim of pandemic uncertainty. The European Business Aviation Convention & Exhibition (EBACE) has become the latest industry show to fall victim to the pandemic. In fact, it is the second year running...
Components of the crashed Sriwijaya Air Boeing 737-500 including the flight-control computer, autothrottle computer, and autothrottle actuator assembly are undergoing examination, a Indonesian parliamentary commission has heard. The commission held a session on 3 February during which various representatives involved...
Lockheed Martin will offer the Martin-Baker Mk18 ejection seat as a candidate for the F-21, in an effort to deliver a more competitive proposal for an Indian air force requirement for 114 fighters. If confirmed, the IN18E seat would replace...
Singapore Airlines Group narrowed its third-quarter operating loss, as stronger cargo performance helped offset any further revenue loss from a pandemic-led collapse in passenger travel demand. Singapore Airlines Group narrowed its third-quarter operating loss, as a stronger cargo performance helped...
Korean Air has reported a W238.3 billion ($213 million) operating profit in 2020, 17% below 2019 levels, on the back of a strong cargo business and company-wide cost cutting efforts. Korean Air has reported a W238.3 billion ($213 million) operating profit in...
Mitsubishi Heavy Industries’ (MHI) troubled SpaceJet programme cut its losses for the nine months to 31 December 2020, as developmental costs fell amid an ongoing programme freeze. Mitsubishi Heavy Industries’ (MHI) troubled SpaceJet programme narrowed its losses for the nine...
China Eastern Airlines’ controlling shareholder CEA Holding will inject up to CNY10.8 billion ($1.67 billion) into the airline by purchasing nearly 2.5 billion of newly issued A-shares, in a move the Shanghai-based carrier says will provide “strong financial support” for it to develop...