Vietnam Airlines has warned of a consolidated loss of D10.8 trillion ($464 million) in the first nine months of 2020, as the coronavirus pandemic takes its toll on operations. The company adds that it expects consolidated revenues of D23.9 trillion...
The Department of Defence plans to start fielding the weapon on the US Navy’s Boeing F/A-18E/F Super Hornet later this year, followed by the Lockheed Martin F-35 Joint Strike Fighter at a later, undisclosed date. The GBU-53/B StormBreaker glide-bomb was...
The San Diego-based company has reacted with a flurry of new initiatives in the past couple of years intended to hold onto existing business, seize new opportunities in the near future and ultimately maintain its position as the USA’s leading...
Delta Air lines reported a third quarter loss of $5.4 billion as the airline begins to regroup following a catastrophic summer brought on by the coronavirus global pandemic. Delta Air lines reported a third-quarter loss of $5.4 billion as the...
United Arab Emirates-based investors are intending to bid for the Israeli leisure carrier Israir, one of the country’s main operators. NY Koen Group, a diversified holding company located in Dubai, says it will be submitting a bid to purchase the...
Canada’s Porter Airlines has pushed back its restart date for the sixth time as ongoing travel restrictions in Canada hamper the industry’s overall recovery in that country. Canada’s Porter Airlines has pushed back its restart date for the sixth time...
Planned US start-up Breeze Airways has signed a sale-and-leaseback agreement with lessor Voyager Aviation for five Airbus A220-300s. Planned US start-up Breeze Airways has signed a sale-and-leaseback agreement with lessor Voyager Aviation for five Airbus A220-300s. The transaction was arranged by widebody lessor Amedeo,...
ACI World and IATA have issued a joint call for non-debt-generating financial support to “prevent the systemic collapse of the aviation industry”. “The Covid-19 pandemic remains an existential crisis, and airports, airlines and their commercial partners need direct and swift...
Boeing stripped 51 737 Max from its backlog in September and received no commercial aircraft orders in the month, partly reflecting the coronavirus pandemic’s continued impact on new-aircraft demand. Boeing stripped 51 737 Max aircraft from its backlog in September...
Oklahoma City’s mask ordinance is in place until at least Dec. 7 after the City Council voted Tuesday to extend the requirement to wear face coverings in indoor public places. The emergency public safety ordinance was set to expire Oct....