AirAsia X must convene meetings with various creditors within 180 days of an order from the High Court of Malaya, the low-cost long-haul carrier says in a 22 February Bursa Malaysia filing. AirAsia X must convene meetings with various creditors within 180 days of an order from the High Court of Malaya, the low-cost long-haul carrier says...Continue Reading
Asiana Airlines has modified two Airbus A350-900 passenger jets for freighter operations as part of plans to grow its cargo business. Asiana Airlines has modified two Airbus A350-900 passenger jets for freighter operations as part of plans to grow its cargo business. The conversion of both A350s, completed on 21 February, will enable the airline to transport...Continue Reading
The Israeli ministry of defence signed a letter of acceptance (LOA) for two Boeing KC-46 in-flight refuelling tankers. The Israeli ministry of defence signed a letter of acceptance (LOA) for two Boeing KC-46 in-flight refuelling tankers. The country is to be the second international customer of the tanker after Japan, which has ordered four KC-46s....Continue Reading
Norwegian’s creditors are set to take a significant haircut on their debts under a capital-raising exercise the carrier is planning under its restructuring processes. In a 19 February stock-exchange filing, the Scandinavian low-cost carrier says it intends to issue NKr1.88 billion ($221 million) of perpetual subordinated convertible bonds and retained claims bonds to creditors. The...Continue Reading
he National Transportation Safety Board (NTSB) will soon dismantle the skeletal reconstruction of Trans World Airlines flight 800, the Boeing 747-100 that exploded over the Atlantic Ocean nearly 25 years ago. The National Transportation Safety Board (NTSB) will soon dismantle the skeletal reconstruction of Trans World Airlines flight 800, the Boeing 747-100 that exploded over...Continue Reading
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