SQUAWK

UAE’s Flydubai to open Israeli services in November

United Arab Emirates operator Flydubai is to open services to Tel Aviv this month, following the normalisation pact signed between the Gulf state and Israel. Flydubai says it will carry out a twice-daily service between Dubai and Tel Aviv from...

Continue Reading  

Jazeera liquidity ‘sound’ as losses persist in third quarter

Kuwaiti carrier Jazeera Airways is confident that it remains a going concern, with sufficient resources, after turning in a KD5.6 million ($18.3 million) third-quarter net loss. The performance brings overall net losses, for the nine months to 30 September, to...

Continue Reading  

Qantas, Jetstar gear up for Sydney-Melbourne reboot

Qantas and low-cost unit Jetstar plan to operate “thousands of flights” following the decision by the New South Wales state to open its borders from 23 November. The border opening to Victoria state will see the two carriers operate over...

Continue Reading  

Pool of financeable airlines down to a handful: Wings Capital

The pool of airlines that lenders are willing to accept as collateral has gone “really just down to a handful” amid the Covid-19 pandemic, the chief financial officer of Wings Capital Partners has said. At the beginning of the crisis,...

Continue Reading  

​Canberra eyes opportunities, risks of future drone, eVTOL operations

Canberra has published a discussion paper exploring the opportunities and challenges involved with the increased adoption of drones and electric vertical take-off and landing (eVTOL) aircraft. The 68-page report explores issues ranging from airspace integration to security, noise, and infrastructure....

Continue Reading  

Aircastle’s profit falls to $5.8 million in Q3

Lessor Aircastle has posted a $5.8 million profit for the third quarter ended 30 September, a significant drop on the same quarter last year when the lessor made $43.3 million in profit. Total lease revenue for the three months was...

Continue Reading  

GA Telesis to remarket China Airlines 747-400s

China Airlines has picked GA Telesis’ aircraft asset management unit to remarket and sell its four remaining Boeing 747-400 aircraft, with deliveries expected as early as the first quarter of 2021.  The four 747s (MSNs 33734, 33735, 33736 and 33737)...

Continue Reading  

USA approves sale of four MQ-9B SkyGuardians to Taiwan

The US State Department has approved the possible sale of four General Atomics MQ-9B SkyGuardian unmanned air vehicles to Taiwan. The US State Department has approved the possible sale of four General Atomics MQ-9B SkyGuardian unmanned air vehicles (UAVs) to...

Continue Reading  

Free landfill days available for OKC residential trash customers for ice storm debris

Last week’s ice storms left Oklahoma City residents with a big mess. To help, the Utilities Department is offering free landfill service for customers who receive an Oklahoma City utility bill for trash service. Participating landfills will be open...

Continue Reading  

Spirit AeroSystems aims for 10-monthly 737 rate in early 2021

Spirit AeroSystems intends to produce 737 fuselages at a rate of 10 monthly starting in January 2021 – a rate that would allow the company to burn down its inventory of finished fuselages. Spirit AeroSystems intends to produce 737 fuselages at a rate of...

Continue Reading