SQUAWK

BOC Aviation, Malaysia Airports challenge AirAsia X restructuring

Two of AirAsia X’s creditors – BOC Aviation and Malaysia Airports (Sepang) (MASSB) – have taken legal action to challenge its proposed debt restructuring, according to the airline group. AirAsia X was served on 15 October a sealed copy of...

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ANA Group plans new airline, big fleet cuts

The All Nippon Airways (ANA) Group will conduct a major revamp of its business model that involves launching a new airline brand and retiring far more aircraft than originally planned. The group will make these and other significant changes as...

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Icelandair to withdraw and part-out batch of 757-200s

Icelandair Group is planning to retire four Boeing 757-200s over the next few weeks, which will be placed with part-out schemes. The company says some of the components will be cannibalised for its remaining 757s while others will be sold....

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ANA swings to big first-half operating loss amid pandemic havoc

All Nippon Airways’ parent company ANA Holdings ended its first half of fiscal 2020 deep in the red, as it forecast a record full-year net loss of Y510 billion ($4.7 billion), citing a “significant decline” in passenger travel demand.  The...

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EasyJet enters leaseback agreements for nine more A320s

UK budget carrier EasyJet has agreed several sale-and-leaseback arrangements, covering nine aircraft and generating nearly $400 million to enhance its liquidity. The airline has sealed a transaction involving five Airbus A320s with Irish-based Wilmington Trust SP Services. EasyJet says this...

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Myanmar Airways International takes first E190

Myanmar Airways International (MAI) has taken delivery of its first of two Embraer E190s, which it will utilise on domestic routes.  The aircraft, registered M-ABNH, arrived at Yangon on the morning of 26 October, having flown in from Guangzhou. The...

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RAAF F/A-18A ‘Classic’ Hornet makes final journey to museum

A Boeing F/A-18A ‘Classic’ Hornet formerly operated by the Royal Australian Air Force (RAAF) has made its way by road to the Australian War Memorial in Canberra. The aircraft, A21-022, is one of two Classic Hornets earmarked for display by...

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Cebu Pacific and SIAEC dismantle maintenance joint ventures

Cebu Pacific Air (CEB) and SIA Engineering are unwinding their partnership in both their joint venture MRO companies based in the Philippines. These are Aviation Partnership (Philippines) Corporation (APPC), 51% owned by SIAEC and 49% by CEB, and SIA Engineering...

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Honeywell rolls out A320 family APU upgrade

Honeywell has released an upgrade for its APU fitted on Airbus A320 family aircraft, which it says will help reduce fuel burn and increase time-on-wing hours. The roll-out for the 131-9A APU upgrade will commence this month for existing Honeywell...

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Argentine LCC protests ongoing closure of El Palomar

Argentine low-cost carrier Flybondi has strongly protested the government’s decision to keep Buenos Aires’ secondary airport El Palomar closed as the country slowly reopens following the coronavirus crisis. Argentine low-cost carrier Flybondi has strongly protested the government’s decision to keep...

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