SQUAWK

Lufthansa raises €500 million with A350s and A320s as security

Lufthansa has used eight of its aircraft as security in a range of financing transactions which have raised €500 million ($614 million) since last July. Lufthansa has used eight of its aircraft as security in a range of financing transactions which have...

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Classic Klyde Morris (06.23.16)

Wes' Computer had a Serious Meltdown (Foreign Saboteurs, No Doubt)... So, We Present 'Classic' Klyde Episodes Until His PC is Resurrected This Klyde Morris Cartoon Was Originally Published on June 23rd, 2016 FMI: www.klydemorris.com

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Vietnam starts building new airport for Ho Chi Minh City

Vietnam has broken ground for the first phase of a new airport for the city’s commercial centre of Ho Chi Minh City. Vietnam has broken ground for the first phase of a new airport for the city’s commercial centre of...

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Supersonic AS2 to get Universal Avionics enhanced flight vision system

Aerion Supersonic has selected Universal Avionics’ (UA) ClearVision enhanced flight vision system (EFVS) for its in-development AS2 high-speed business jet.  Aerion Supersonic has selected Universal Avionics’ (UA) ClearVision enhanced flight vision system (EFVS) for its in-development AS2 high-speed business jet. ...

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Aviation union warns of safety onboard aircraft after Washington, DC riots

A US airline flight attendants’ union says its members are afraid for their safety onboard aircraft after an angry mob of rioters breached the US Capitol building in Washington, DC earlier in the day. The mob was attempting to stop the certification...

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Thai Airways gets extra month to submit restructuring plan

Thai Airways International has been granted a one-month extension of the deadline to submit its rehabilitation plan which will outline how its business will be restructured.  Thai Airways International has been granted a one-month extension of the deadline to submit its rehabilitation...

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Cathay to resume limited number of UK flights

Cathay Pacific will operate a handful of flights from Hong Kong to London Heathrow from 12 January, but return services will remain suspended. Cathay Pacific will operate a handful of flights from Hong Kong to London Heathrow from 12 January, but return services will remain suspended....

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​BOC Aviation’s lease commitments and aircraft sales down in Q4

BOC Aviation signed fewer lease commitments and extensions in 2020’s fourth quarter than in the same period of 2019, and its aircraft sale activity likewise declined. BOC Aviation signed fewer lease commitments and extensions in 2020’s fourth quarter than in...

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Pentagon and Lockheed Martin sign stop-gap, $1.3bn F-35 sustainment deal

The F-35 Joint Program Office awarded Lockheed Martin, and its suppliers BAE Systems and Northrop Grumman, a $1.28 billion “undefinitized contract action” to support operations and sustainment of the global F-35 fleet through 30 June 2021. The F-35 Joint Program...

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Government deposits initial funding for Montenegro Airlines successor

Montenegro’s government has acted swiftly to start establishing a successor to the country’s defunct flag-carrier Montenegro Airlines. The carrier ceased operations on 26 December after the government refused to continue supporting the heavily-indebted company. But the government has formally registered...

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