Also: AEA 3Q-20 Report, ARTEX ELT 4000, Textron Denies 'Fictitious' Bid, AEROCOR Acquires BlueMAX Our friends at the FAI tell us they are in discussions with Hong Kong-based Adventure Air Race Company limited, regarding the development of an air race...
The Association of Asia Pacific Airlines (AAPA) sees the establishment of travel bubble arrangements — such as the recently-announced example between Singapore and Hong Kong — as a “big step in the right direction” to restarting cross-border travel amid the...
Russian carrier KrasAvia has started introducing ATR 72-500s to replace older Soviet types, as it awaits the arrival of new Ilyushin Il-114-300s. Krasnoyarsk-based KrasAvia has taken two ATRs, the latest arriving at its Krasnoyarsk base on 14 November. It says...
Stobart Group still intends to divest its regional operator Stobart Air by the end of the financial year, despite Irish carrier Aer Lingus’s deciding not to renew a franchise agreement with the company. Aer Lingus has been using Stobart Air...
United Arab Emirates carrier Etihad Airways is to open full services between Abu Dhabi and the main Israeli hub at Tel Aviv, from the end of the winter season. Etihad Airways will serve the Tel Aviv route daily, and year-round,...
Qantas chief Alan Joyce has expressed optimism about the carrier’s prospects of its ultra-long-haul Project Sunrise, stating that the “business case for that is going to be even better” once the gloom surrounding the coronavirus crisis lifts. Qantas chief Alan...
In a major shake-up of the country’s airline industry, the owner of South Korea’s flag carrier Korean Air has announced a W1.8 trillion ($1.62 billion) takeover bid for embattled rival Asiana Airlines. In a major shake-up of the country’s airline...
Australia’s Alliance Aviation will acquire transportation and logistics giant Toll Group’s MRO unit, in what it calls a deal of “great strategic value”. Australia’s Alliance Aviation will acquire transportation and logistics giant Toll Group’s MRO unit, in what it calls...
Croatia Airlines is to hold an extraordinary general assembly to approve a recapitalisation scheme which involves raising Kn350 million ($54.7 million) through a share issue. Under the proposal, to be discussed at the 14 December assembly, the share capital of...
Cathay Pacific cut capacity in October — the first time in nearly half a year — as it saw passenger load factor for the month plummet to its lowest since the start of the coronavirus outbreak. Cathay Pacific cut capacity...