The US State Department has approved a possible Foreign Military Sale of five Boeing P-8A maritime patrol aircraft to Germany for an estimated cost of $1.77 billion. The US State Department has approved a possible Foreign Military Sale of five Boeing P-8A maritime patrol aircraft to Germany for an estimated cost of $1.77 billion. The...Continue Reading
Boeing has named Ed Clark, a top executive in Boeing’s aircraft services division, to succeed Walt Odisho as vice-president and general manager of the 737 programme. Boeing has named Ed Clark, a top executive in Boeing’s aircraft services division, to succeed Walt Odisho as vice-president and general manager of the 737 programme. Odisho is retiring....Continue Reading
Portugal’s government has formally notified the European Commission of its intent to grant interim support to flag-carrier TAP. The support is designed to guarantee the airline’s liquidity until a restructuring programme is approved. Up to €463 million in aid within the scope of the restructuring can be notified, according to the government. The government says...Continue Reading
Hawaiian Airlines anticipates flying 90-95% of its normal schedule by May, as vaccine roll-out continues across the USA and as Americans begin to consider summer travel plans. Hawaiian Airlines anticipates flying 90-95% of its normal schedule by May, as vaccine roll-out continues across the USA and as Americans begin to consider summer travel plans. The...Continue Reading
Miami private equity company 777 Partners has ordered 24 Boeing 737 Max 8s and taken options to buy a further 60 of the type, adding fresh momentum to the narrowbody’s backlog. Miami private equity company 777 Partners has ordered 24 Boeing 737 Max 8s and taken options to buy a further 60 of the type,...Continue Reading
Vietnam’s central bank is proposing to offer D4 trillion ($174 million) of loans to help the national flag carrier as it struggles amid the Covid-19 pandemic. The funds will be provided to Vietnam Airlines through credit institutions and refinanced by the central bank, which will not charge interest on the refinancing, according to 8 March...Continue Reading
BOC Aviation’s net profit dropped by over a quarter in 2020 mainly due to the Covid-19 pandemic, although it managed to break the $2 billion revenue barrier for the first time. BOC Aviation’s net profit dropped by over a quarter in 2020 mainly due to the Covid-19 pandemic, although it managed to break the $2...Continue Reading
The choice to acquire the F-15EX is controversial as the fourth-generation fighter lacks the low radar cross-section of the service’s former favourite jet, the Lockheed Martin F-35 stealth fighter. The US Air Force (USAF) officially accepted the first F-15EX fighter on 10 March at Boeing’s St. Louis production facility. The choice to acquire the F-15EX...Continue Reading
Aeroflot’s board has approved the transfer of 10 Boeing 737-800s from its fleet to that of its low-cost budget sister carrier Pobeda. The aircraft will be sub-leased from April-June this year according to the board decision, although the possibility of a postponement remains. Aeroflot Group says the lease periods range from 79-90 months. It has...Continue Reading
Transat AT, the parent company of Canadian holiday specialist Air Transat, has effectively shut down revenue operations due to the coronavirus mitigation measures imposed by the Canadian government earlier this year. Transat AT, the parent company of Canadian holiday airline Air Transat, has effectively shut down revenue operations due to the coronavirus mitigation measures imposed...Continue Reading
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