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