SQUAWK

Thai mulls further extension to rehabilitation plan submission

Thai Airways International is considering another extension on the deadline to submit its restructuring plan, this time until the end of February or beginning of March. Thai Airways International is considering another extension on the deadline to submit its restructuring plan, this...

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Haste appears pivotal to E-11A crash pilots’ engine misidentification

Military investigators have signalled that haste was a contributing element to a Bombardier E-11A crew’s incorrectly identifying a failed engine and, in response, mistakenly shutting down the functioning one. The E-11A, a US Air Force version of the Global 6000...

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PIA to settle out of court $2m dispute on AerCap leases

Pakistan International Airlines (PIA) is in talks to settle out of court $2 million in outstanding aircraft lease payments in relation to two Boeing 777s managed by AerCap. Pakistan International Airlines (PIA) is in talks to settle out of court...

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Nok Air issues RFP for deliveries through 2026: sources

Nok Air has issued a request for proposals for the operating lease of up to 26 aircraft to be delivered between this year and 2026, according to a document seen by Cirium dated 21 January. Nok Air has issued a...

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Facing Biden administration, Raytheon drops sale of offensive weapon to Middle Eastern country

Raytheon dropped the sale of an offensive weapon system to an unnamed Middle Eastern country due to concerns that the new President Joseph Biden administration would not grant it a direct commercial sales export license. Raytheon dropped the sale of...

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Hawaiian Airlines posts Q4 loss as travel restrictions remain

Hawaiian Airlines reported a fourth-quarter loss of $172.8 million as the ongoing global coronavirus crisis and ensuing strict travel restrictions in its home state continue to create hardship for the business. Hawaiian Airlines reported a fourth-quarter loss of $172.8 million as the...

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Aeromexico and LATAM seek to code-share on US flights

Aeromexico and LATAM Airlines Group have agreed to a code-sharing partnership under which Aeromexico’s flights to the USA will carry LATAM flight codes. Aeromexico and LATAM Airlines Group have agreed to a code-sharing partnership under which Aeromexico’s flights to the...

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H225 orders a cause for concern, but H160 offers lift for Airbus Helicopters

Relatively strong order intake in previous years should see Airbus Helicopters maintain output levels over the next 12 months, delaying the impact of 2020’s 20% fall in bookings for one or two years, according to the airframer’s chief executive. Relatively...

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Commercial aerospace recovery will begin in Q2, accelerate through 2021: Raytheon

Raytheon Technologies believes its subsidiaries Pratt & Whitney and Collins Aerospace will begin experiencing notable recovery starting in the second quarter of 2021. Raytheon Technologies believes its subsidiaries Pratt & Whitney and Collins Aerospace will begin experiencing notable recovery starting...

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Fewer engine shipments and less aftermarket work hammer P&W and Collins 2020 results

Steep losses at Pratt & Whitney and slumping profits at Collins Aerospace pushed parent company Raytheon Technologies to a $3.5 billion loss in 2020. Steep losses at Pratt & Whitney and slumping profits at Collins Aerospace pushed parent company Raytheon...

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